FMC Technologies awarded contract for six UHD-III ROVs from C-Innovation FMC Technologies announced that it has received an order from C-Innovation to supply a fleet of six UHD-III Remotely Operated Vehicle, or ROV, systems for its subsea operations business. The ROV systems will be supplied by FMC Technologies' Schilling Robotics business unit and are expected to be delivered in early 2015.
News For FTI From The Last 14 Days
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FMC Technologies downgraded to Market Perform from Outperform at FBR Capital FBR Capital downgraded FMC Technologies to Market Perform citing expectations for a reduction in the volume of subsea well starts. FBR lowered its price target for shares to $58 from $68.