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Policy: National Security

Bollinger to build 2 more Coast Guard cutters

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News,Business,The Pentagon,National Security,Government Contractors

LOCKPORT, La. (AP) — Bollinger Shipyards will build two more Fast Response Cutters for the U.S. Coast Guard, for a combined price of $80 million.

U.S. Sen. Mary Landrieu, D-La., made the announcement in a news release Friday.

In 2008, Bollinger was awarded a contract to build up to 34 FRCs through fiscal year 2014. Thirty of those cutters have been funded.

Bollinger Shipyard employs 850 workers in its Lockport Yard, where the 154-foot vessels are built.

Congress will still have to appropriate the funds for the two cutters.

Bollinger is one of three finalists for a $10.5 billion contract for design and construction of 25 larger Offshore Patrol Cutters. The Coast Guard plans to announce in 2016 which of the three companies will build the OPCs.

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