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*The Coast Guard has awarded Bollinger Shipyards, Inc., an initial $88 million contract for the design and construction of the lead boat for the new Sentinel class 153- foot Fast Response Cutter. The potential value of the award, if all 34 FRCs are built, is $1.5 billion. The first cutter will be named the Sentinel and is scheduled to be delivered in the fall of 2010. The 12th vessel is expected to be delivered in the fall of 2012. The…

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