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Oldenburg awarded $40 million in additional defense contracts

RHINELANDER — Oldenburg Group Inc. has been awarded more than $40 million in new contracts to provide its equipment for new U.S. Navy ships, according to a company official.

The equipment manufactured by Oldenburg for these orders include mooring equipment, aircraft elevator systems, boat-handling equipment, cargo elevators, cranes and bulkhead closure systems.

These new orders add to Oldenburg Group’s existing major contracts for the Navy’s Destroyer, Amphibious, Littoral Combat and Aircraft Carrier classes, according to Wayne Oldenburg, founder and CEO of Oldenburg Group.

Oldenburg Group manufactures equipment for all of the

Tuesday, July 09, 2013 5:52 PM

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