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Coast Guard Awards Northrop Grumman $480 Million For Fourth National Security Cutter

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About a year later than planned, the Coast Guard yesterday awarded Northrop Grumman [NOC] a $480.1 million contract to construct and deliver the fourth Legend-class National Security Cutter (NSC), the 418-foot Hamilton (WMSL-753). The contract contains options to negotiate awards for long-lead materials for NSCs five and six as well as production for NSC 5. The Hamilton is slated to be delivered in the first quarter of FY '15, about three years later than the third NSC, the Stratton, which…

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