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Marinette Marine Awarded More CG RB-Ms

Maritime Activity Reports, Inc.

April 23, 2010

Marinette Marine Corporation a Fincantieri Company, announced that, as the Prime Contractor and Program Manager, it has been awarded an additional 30 Response Boats – Medium (RB-Ms) by the U.S. Coast Guard. With an approximate value of $63.6m, the new boats are part of a multi-year, Coast Guard contract requiring the construction and delivery of up to 250 RB-Ms at a total contract value of up to $600m.

Delivery of the 30 boats is scheduled to begin in the third quarter of 2011. This brings the total number of boats under Contract to 97. Marinette Marine will build 50% of the boats at its ACE facility in Green Bay WI. MMC’s Teaming Partner, Kvichak Marine Industries of Seattle, will build the other 50% of the boats at its Kent WA facility.
 

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