Subsea Craft US, Inc. Up for $3.5M Tax Credit | Governor s Office of Business and Economic Development | State of California | SUBSEA CRAFT US INC

Subsea Craft US, Inc. Up for $3.5M Tax Credit

Subsea Craft US, Inc. is slated for a $3,500,000 California Competes tax credit to support maritime craft manufacturing expansion in Southern California, tied to nearly $6.9 million in investment and 69 new jobs. The Committee will vote on the agreement at its June 18, 2026 meeting.

Document date · June 18, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$3,500,000

Contract type

FINANCIAL_SERVICES

Document type

Agenda

Source document

Governor's Office of Business and Economic Development Agenda California Competes Committee Meeting 2026-06-18

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Governor's Office of Business and Economic Development Committee Meeting Minutes 2026-06-18

AWARDED

Governor s Office of Business and Economic Development, California$3,500,000 tax credit on $6,898,500 investmentJun 18, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Governor s Office of Business and Economic Development | State of California?

Subsea Craft Us Inc was awarded this financial services contract by Governor s Office of Business and Economic Development | State of California, as recorded on June 18, 2026. The contract value is $3,500,000.

How much is the Subsea Craft Us Inc contract with Governor s Office of Business and Economic Development | State of California worth?

The Subsea Craft Us Inc contract with Governor s Office of Business and Economic Development | State of California is valued at $3,500,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Governor's Office of Business and Economic Development Agenda California Competes Committee Meeting 2026-06-18 (Agenda), dated June 18, 2026 from Governor s Office of Business and Economic Development | State of California. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Subsea Craft Us Inc hold?

Subsea Craft Us Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Subsea Craft Us Inc's profile

What is Governor s Office of Business and Economic Development | State of California currently buying?

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