VT Halter Marine Secures $28.8M Design Contract

Thursday, December 01, 2005
VT Halter Marine Inc., secured a $28.8m contract award to develop a functional design of a Fast Missile Craft (FMC) for the Government of Egypt. The second phase of this program will include production design work and construction of up to three vessels. The program value could grow to more than $450m after Phase II is added to the contract. The Government of Egypt entered into agreements with the United States Government to purchase the Fast Missile Craft as a Foreign Military Sale (FMS), a program through which eligible foreign governments purchase defense articles, services, and training from the US Government. Completion of Phase I and start of Phase II are planned as seamless consecutive events. The Fast Missile Craft will be designed to accomplish the roles of coastal patrol, surveillance, interdiction, surface strike, and naval battle group support for the 21st century. These vessels will allow the Arab Republic of Egypt to maintain the security of its coastal regions for both itself and friendly countries, while denying access to the areas by any future adversaries. The vessels will be approximately 203 ft. (62 m) in length and will incorporate ship signature control technology. High speed and maneuverability are two of their primary assets to fulfill these roles. The vessels will also incorporate numerous combat system assets and electronic sensors that give them capabilities in anti-aircraft, anti-surface, and electronic warfare.

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