salvage Navy SMIT Titan Maritime

Big Navy contracts for Titan Maritime, SMIT

Titan Maritime, L.L.C., Pompano Beach, FL, and SMIT Singapore PTE, Ltd., Singapore, were each recently awarded $43 million ceiling-priced indefinite-delivery/indefinite-quantity, cost-plus-award-fee contracts by the U.S. Navy for salvage, salvage-related towing, harbor clearance,