Overview
- Davie Defense received a Coast Guard contract for up to five Arctic Security Cutters, with two to be built at Helsinki Shipyard and three at facilities in Galveston and Port Arthur, Texas.
- The award completes the 11-cutter program directed by a Presidential Memorandum, following December contracts to Rauma in Finland and Bollinger in Louisiana.
- Stars and Stripes reports the Davie award at $3.5 billion, after earlier awards of $2.1 billion to Bollinger for four cutters and $1.1 billion to Rauma for two.
- The Coast Guard targets delivery of the first Arctic Security Cutter in early 2028 as it rebuilds polar icebreaking capability.
- Texas announced a $21.8 million Enterprise Fund grant for Davie’s facilities, with state officials projecting more than 2,400 jobs and over $730 million in investment tied to the project.