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US Coast Guard Boosts Austal Contract by US$314M for Offshore Patrol Cutters
12:21pm on Thursday 4th of September, 2025 AEST
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US Coast Guard Boosts Austal Contract by US$314M for Offshore Patrol Cutters
12:21pm on Thursday 4th of September, 2025 AEST
Key Points
US Coast Guard exercises US$314 million contract options with Austal USA
Options cover long lead materials for 4th, 5th, and 6th Offshore Patrol Cutters
Original contract for up to 11 cutters valued at US$3.3 billion
Construction underway on first two cutters, Pickering and Icarus
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