An artist’s conception of Eastern Shipbuilding’s Offshore Patrol Cutter design.
The Coast Guard is recompeting its potentially $10.5 billion Offshore Patrol Cutter contract because the program risks falling fatally behind schedule due to hurricane damage to the shipyard initially awarded the contract.
The program has already slipped nearly a year behind schedule and could cost an additional $659 million to finish the first four on nine contracted OPCs, according to a recent Congressional Research...