Bollinger Shipyards Awarded Nearly $1B to Cover Cost Overruns of Coast Guard Polar Security Cutter Program

Mississippi-based Bollinger Shipyards has received a $951.6 million Fixed-Price-Incentive-Firm Target (FPIF) contract modification from the U.S. Coast Guard to continue designing and constructing the first new heavy icebreakers, also known as the Polar Security Cutter (PSC).

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