Competition, Quality and Demand Come Together
Combat, Patrol and Law Enforcement Vessels Meet Multiple Missions with varied business plans. U.S. firms building patrol, combat and law enforcement craft are weathering government budget cuts by strengthening ties with clients and public agencies. These unique boats remain in demand because of terrorism, crime, wars, piracy and fire, and most serve multiple missions. As maritime nations beef up their defense capabilities, U.S. Foreign Military Sales (FMS) and Direct Commercial Sales (DCS) programs help builders do business overseas.
Innovation Spotlight: U.S.-Built Security Vessels
Building patrol boats is big business, especially for foreign defense needs. U.S. yards compete on a global stage in the all-important maritime security workboat arena. Patrol boats have continued to enhance bottom lines at many U.S. vessel builders this year through sales that are usually government directed or assisted. Budget cuts are a concern, but the sector’s federal funding remains high. Patrol boats are sold to other nations under the U.S. Foreign Military Sales or FMS program, authorized by the Arms Export Control Act to provide defense items.
The Versatile PI 65 Coastal and Offshore Craft
Euro Marine Ltd. answers the call for small, Long-range offshore High-Speed Patrol, Interdiction and Surveillance Vessels, capable of operating in severe sea and weather conditions. These hulls come with an added propulsion twist. The PI-65 is a tactically sized Coastal and Offshore Craft, designed to be a highly reliable combatant craft capable of operating from land or maritime platforms. The general mission of PI-65 is to provide the operational capability to persistently patrol in shallow littoral areas beyond sheltered harbors and bays…
Wärtsilä Issues Statement on Investigation
The state prosecutor of Finland has announced that a pretrial investigation will be started into the so-called broker agreement signed by Wärtsilä in connection with marine engine sales in 1999 and 2000, and into the allegation of bribery related to this agreement. Wärtsilä will itself thoroughly investigate the matter and help the authorities in their work. The individual employed by Wärtsilä and responsible for signing the agreement has been relieved of his duties for the duration of the investigation.
