September 4, 2025
Coast Guard exercises options on $3 billion Offshore Patrol Cutter contract
Mobile, Ala. – The U.S. Coast Guard exercised options worth $314 million to Austal USA for the Offshore Patrol Cutter (OPC) program. The contract options provide Austal USA approval to order long lead time materials (LLTM) for another 3 OPCs, Austal USA’s 4th, 5th, and 6th cutters. Funds have...