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Austal USA Wins Massive $3.3 Billion Dollar Offshore Patrol Cutter Contract

Forbes LogoForbes1 mo ago

Austal USA Wins Massive $3.3 Billion Dollar Offshore Patrol Cutter Contract

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Eastern Shipbuilding Group, the incumbent shipyard that is set to build the first four Offshore Patrol Cutters, did not welcome the news of a second production line.

With Austal’s workers and new facility apparently set to be occupied with Coast Guard work, efforts to enlist smaller Gulf Coast naval shipbuilders into larger naval shipbuilding projects gets harder.

As this author has warned before, “legal wrangling after the award announcement could delay the program to the point where the Coast Guard would need to throw it all away and start bidding for the 2nd tranche of Offshore Patrol Cutters all over again.


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Article Details

Author / Journalist: Craig Hooper, Senior Contributor

Category: EconomyFinance

Topics: /aerospace-defense /business Business

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-30, 23:55:12

News Timezone: GMT -5:00

News Source URL: forbes.com

Language: English

Reading Time: 6 minutes read

Article Length: 1025 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 24293

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About Forbes

Main Topics: EconomyFinance

Official Website: forbes.com

Update Frequency: 62 posts per day

Year Established: 1917

Headquarters: United States

News Last Updated: 13h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

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