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Saturday, August 18, 2018

Swiftships to Procure Patrol Craft Kits for Egyptian Navy

Maritime Activity Reports, Inc.

July 1, 2016

  • Photo: Swiftships
  • Photo: Swiftships
  • Photo: Swiftships Photo: Swiftships
  • Photo: Swiftships Photo: Swiftships

Naval Sea Systems Command (NAVSEA) awards contract to Swiftships for four 28-meter KITs for the Egyptian Navy

 
On June 28, 2016 Louisiana-based Swiftships, LLC, was awarded a $15 million firm-fixed-price (FFP) contract involving Foreign Military Sales (FMS) to procure four 28-meter KITs for the Egyptian Navy (EN). 
 
The contract will allow Swiftships to procure KITs so the EN can assemble/coproduce these 28m coastal patrol craft (CPC) in Alexandria, Egypt. The 28m CPCs will include: 4.7-meter rigid inflatable boats, forward looking infrared system, diagnostic equipment and contractor engineering technical services.
 
Swiftships will execute this work under NAVSEA’s Gulf Coast Supervisory Shipbuilding (SUPSHIP) Group at its Military Yard in Morgan City, La. The work is expected to be completed by December 2017. FMS funding in the amount of $15 million will be obligated at the time of award, and contract funds will not expire at the end of the current fiscal year. The contract was sole-sourced to Swiftships, LLC in accordance with 10 U.S. Code 2304(c)(4) – International Agreement.
 
Shehraze Shah, Swiftships CEO said, “Swiftships is proud of its partnerships in the Middle-East, with fierce competition this award only strengthens our claims and our products demands to meet both naval or coastal needs.”
 
In May 2016, Swiftships was awarded a Direct Commercial Contract (DCC) for the construction of six additional 28m CPCs, but it involved technical and subject matter expertise to coproduce these vessels in Egypt under Swiftships Build, Operate and Transfer (BOT) model. Swiftships has delivered six 28m CPCs already to the EN, which were constructed at the Egyptian Ship Building and Repairs Company (ESBRC) in Alexandria, Egypt.
 
“We are excited to continue building this relationship with Egypt,” Shah said.
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