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Coast Guard Awards HII $500 Million For Final National Security Cutter

Coast Guard Awards HII $500 Million For Final National Security Cutter
National Security Cutter Hamilton at sea in the Gulf of Mexico during customer acceptance trials on Aug. 13., 2014. (Photo: Coast Guard)

Huntington Ingalls Industries [HII] has received a $499.8 million contract from the Coast Guard to build the eighth and final National Security Cutter (NSC), which will be delivered in 2019.The contract price is in line with the $497 million the company received one year ago for the seventh NSC, which will be delivered in 2018 (Defense Daily, April 1, 2014).“We are performing extremely well in this program, proving the point that serial production is the most efficient and effective way…

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