ST Engineering Wins $1.9B Polar Security Cutter contract From US Navy

The United States Navy has awarded ST Engineering Ltd's VT Halter Marine, its shipbuilding business in Mississippi $1.9 billion (S$2.6 billion) for detail design and construction of the US Coast Guard (USCG) Polar Security Cutter (PSC).

The PSC contract is a multi-year programme and a USCG major system acquisition to acquire up to three multimission PSCs to recapitalise the USCG fleet of heavy icebreakers, the company said in a statement Wednesday.

The first ship delivery is scheduled to occur in 2024. If the options are exercised, the second and third vessels are expected to be delivered in 2025 and 2027 respectively. The vessels are 460 feet in length with a beam of 88 feet overall, a full load displacement of about 33,000 long tons at delivery.