Bollinger Shipyards had a significant contract win back in April when it was awarded a $13,725,953 Navy contract for the production of the Mine Countermeasures Unmanned Surface Vessel (MCM USV), engineering services and other direct costs.
If all options are exercised the contract has a potential total value of nearly $123 million.
The contract was competitively procured with three offers received, and the Navy’s selection of Bollinger did not sit well with one of the other competitors, Textron...