The U.S. Coast Guard announced on Wednesday that it doled out a $3.5 billion contract to Davie Defense to build and deliver a new class of five Arctic Security Cutters over roughly the next decade.
Two of the five new cutters will be built at the Helsinki Shipyard in Finland, while the other three will be built at Gulf Copper facilities in Galveston and Port Arthur, Texas. The first of the five cutters is scheduled for delivery in 2028, while all five are expected to be completed by February 2035.
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