Tacoma Boat To Build Nine USCG Cutters At Cost Of $646 Million

Tacoma Boatbuilding Company, Tacoma, Wash., has been awarded a contract to construct nine 270- foot, medium-endurance cutters for the United States Coast Guard. Original contract price for the cutters is $378 million; however, with the escalation factor b u i l t into the contract price, keyed to the Bureau of Labor statistics for shipbuilding, total cost for construction of the nine vessels is estimated at $646 million.

Announcement of the award was made recently by Congressman Norm Dicks (D-Wash.) in ceremonies at the company's new Plant Number 3 on Commencement Bay in Tacoma. According to Congressman Dicks, the vessels will be d e l i v e r e d to the United States Coast Guard over the next five years, As planned, they will be used for patrolling the 200-mile limit.

The nine-vessel contract is a follow-on to four medium-endurance cutters already under construction at Tacoma Boatbuilding.

As with the first four vessels, the nine new ships will be constructed using the same production facilities located at Plant Number 3.

With the award of the current contract, the backlog at Tacoma Boatbuilding Company now stands at approximately $800 million.

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