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Homeland Security

Coast Guard Awards Bollinger $166 Million Contract for Next Four FRCs

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The Coast Guard has awarded Bollinger Shipyards a $166.1 million contract option to begin production on the next four Sentinel class Fast Response Cutters, bringing to eight the number of the 154-foot vessels under contract. The FRC contract contains options for up to 34 cutters at a value worth up to $1.5 billion. The service ultimately plans to build 58 FRCs. So far, Bollinger has received FRC contracts worth $410.7 million, with award of the lead vessel in Sept. 2008.…

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