
The Coast Guard on Wednesday said it has awarded Bollinger Shipyards a potential $1.42 billion contract to acquire up to 26 Fast Response Cutters (FRC), which would complete plans to buy 58 of the vessels that are the service’s primary near-shore surface assets.Bollinger is already under contract to build and deliver the first 32 FRCs under a Phase 1 contract for which the Coast Guard has obligated $1.48 billion. The service recompeted the FRC contract under Phase 2 but Bollinger…