The Acquisition Directorate is reporting “The Coast Guard awarded a $166.1 million contract option to Bollinger Shipyards of Lockport, La., on September 14 to begin production of four Sentinel-class Fast Response Cutters (FRCs). ”
This is the third contract and means that eight vessels have been contracted for. Options have already been negotiated to bring the total to 34. Ultimately we plan to have 58.
I have high hopes for these vessels. They are much more capable than the ships they replace. In some respects they may be able to fill in for the ship-day deficits we will see in HEC/MEC days. At the same time, it has to be recognized that they will cost more to run than the 110s, just as the 110s cost more to run than the 95s.
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Did the Coast Guard get the $98 million back yet?