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).

https://gcaptain.com/bollinger-shipyards-awarded-nearly-1b-to-cover-cost-overruns-of-coast-guard-polar-security-cutter-program/