In phase 2 of its FRC acquisition program, the U.S. Coast Guard recently awarded a contract to Bollinger Shipyards LLC, Lock-port, LA, for the procurement of up to 26 Sentinel-class Fast Response Cutters. The initial value of the award is $318.6 million, which covers the production of six cutters. The contract has a potential value of $1.42 billion if options to procure all 26 cutters are exercised. At that point, the Coast Guard will have ordered all 58 FRCs in the program of record.
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