The US based shipbuilder Bollinger Shipyards LLC (Bollinger) has received a $951.6m Fixed-Price-Incentive-Firm Target (FPIF) contract modification from the United States coast guard, advancing the Detail Design and Construction phase of the Polar Security Cutter (PSC) Program.
This contract modification primarily supports operations at the Bollinger Mississippi Shipbuilding, with additional project contributions from facilities located in Massachusetts, Illinois, Virginia, Georgia, Louisiana, and other regions, as Bollinger states.
The completion of the first Polar Security Cutter is anticipated by May 2030.
The Polar Security Cutter will provide the United States with enhanced operational capability in polar regions, playing a critical role in safeguarding national security, economic stability, and supporting vital maritime and commercial interests.
Ben Bordelon, president and CEO of Bollinger Shipyards, said: “Securing this contract modification has truly been a herculean effort and underscores the incredible trust the U.S. Government has placed in Bollinger to build and deliver the first heavy polar icebreaker in half a century.”
He added, “We wouldn’t be in the solid position we’re in today without the leadership and the tireless efforts of the entire team at Bollinger Mississippi Shipbuilding. Their hard work and dedication have successfully put the PSC program on a strong path forward after a rocky start under the previous, foreign-owned builder. We now look forward to receiving the green light to begin full production.”
Bollinger Shipyards LLC, with 13 strategically located shipyards across Louisiana and Mississippi, has an 80-year history as a designer and builder of military patrol boats, salvage vessels, research vessels, and a wide array of specialized maritime assets.