Coast Guard Revamps Troubled $10.5B Cutter Program, Giving Fresh Opportunity To Stressed U.S. Shipy

[rangerrebew]

13,157 viewsOct 14, 2019, 02:23pm

Coast Guard Revamps Troubled $10.5B Cutter Program, Giving Fresh Opportunity To Stressed U.S. Shipyards

Craig Hooper


On Friday, the U.S. Coast Guard announced its massive but troubled 25-ship Offshore Patrol Cutter program will be restructured.

With a total value of $10.5 billion, the Offshore Patrol Cutter (formally known as the Heritage (WMSM 915) class cutter) is a top Coast Guard procurement priority. The contract to build these mid-sized 3,500- to 3,700-ton cutters was awarded in 2016 to a scrappy underdog, Florida-based Eastern Shipbuilding Group. After restructuring, the Coast Guard will now only offer Eastern Shipbuilding options to build four of these $421 million vessels, and the rest– 21 ships–will likely be put out to bid.

The news has roiled America’s naval shipbuilding community.


Coast Guard Revamps Troubled $10.5B Cutter Program, Giving Fresh Opportunity To Stressed U.S. Shipyards

[thackney]

13,157 viewsOct 14, 2019, 02:23pm

Coast Guard Revamps Troubled $10.5B Cutter Program, Giving Fresh Opportunity To Stressed U.S. Shipyards

Craig Hooper


On Friday, the U.S. Coast Guard announced its massive but troubled 25-ship Offshore Patrol Cutter program will be restructured.

With a total value of $10.5 billion, the Offshore Patrol Cutter (formally known as the Heritage (WMSM 915) class cutter) is a top Coast Guard procurement priority. The contract to build these mid-sized 3,500- to 3,700-ton cutters was awarded in 2016 to a scrappy underdog, Florida-based Eastern Shipbuilding Group. After restructuring, the Coast Guard will now only offer Eastern Shipbuilding options to build four of these $421 million vessels, and the rest– 21 ships–will likely be put out to bid.

The news has roiled America’s naval shipbuilding community.


Coast Guard Revamps Troubled $10.5B Cutter Program, Giving Fresh Opportunity To Stressed U.S. Shipyards

@rangerrebew

Is there a link available?

[GtHawk]

@rangerrebew

Is there a link available?

I won't turn off my ad blocker, but maybe

https://www.forbes.com/sites/craighooper/2019/10/14/us-coast-guard-reorganizes-troubled-105-billion-25-cutter-program/#9cb9d612eda8