U.S. Coast Guard awarded the largest vessel procurement contract in its history to Eastern Shipbuilding Group in Panama City, Florida. Eastern Shipbuilding Group was selected to finalize its design and construct the first series of Nine Offshore Patrol Cutters to replace the Medium Endurance Cutters currently in service.
According to company officials, the contract is initially for Nine vessels with options for Two additional vessels. The Coast Guard program goal is to build Twenty Five Offshore Patrol Cutters having a potential total contract value in excess of Ten billion dollars.
Brian D’Isernia, Eastern CEO and Joey D’Isernia, Eastern President, expressed their absolute confidence in the ability of ESG to secure this contract. Joey said, “We knew from the beginning, that the U.S. Coast Guard would appreciate our excellent performance record of on time delivery of high quality vessels built by our first-rate craftsmen.”
Brian added, “We believe that the Coast Guard is going to get the best value for its money and the finest vessels to succeed in its mission.
Initially, Eastern has been awarded the detail design effort with a value of approximately 110 million dollars. Construction of the first vessel is expected to commence in 2018. Securing this contract was based on Eastern’s reputation as an industry leader in the construction of mid-range tonnage commercial ships, company officials said.
“The OPC will be the backbone of Coast Guard offshore presence and the manifestation of our at-sea authorities. It is essential to stopping smugglers at sea, for interdicting undocumented migrants, rescuing mariners, enforcing fisheries laws, responding to disasters and protecting our ports,” Admiral Paul Zukunft, Commandant of the Coast Guard.