USA: Marinette Marine Secures USD 89.6 Mln Response Boats Contract

Marinette Marine Corporation has been awarded an additional 40 Response Boats – Medium (RB- Ms) by the U.S. Coast Guard. With an approximate value of $89,600,000 the new boats are part of a multi-year, U.S. Coast Guard contract for the construction and delivery of up to 250 RB- Ms at a total contract value of up to $600 million.

Delivery of the 40 boats is scheduled to begin in the second quarter of 2013. This brings the total number of boats under contract to 166. Marinette Marine will build 50% of the boats at its ACE Marine 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.

Marinette Marine looks forward to continuing its strong partnership with the US Coast Guard.” said Chuck Goddard, President and CEO of Marinette Marine. “They are a valued customer, and we are proud to build an additional 40 RB-Ms in support of their mission requirements.

Marinette Marine Corporation (MMC) was established in 1942 and since that time has designed and built over 1500 vessels for a wide range of government and commercial customers, including 1300 vessels for the U.S. Navy and 56 for the USCG. Other current MMC programs include the construction of the U.S. Navy Littoral Combat Ship (LCS), a high-speed, leading-edge-technology ship; the University of Alaska, Fairbanks—Alaska Regional Research Vessel (ARRV); and the National Oceanic and Atmospheric Administration (NOAA) Fisheries Survey Vessel 6. MMC is owned by Fincantieri Marine Group LLC, a subsidiary of Fincantieri-Cantieri Navali Italiani S.p.A.

Fincantieri is one of the world’s most prominent and diversified shipbuilding groups. A world leader in the construction of cruise ships, reference operator in the large ferry sector, the company also boasts a considerable order book in the military sector. To encourage the group’s growth, Fincantieri has developed a series of initiatives in fields close to its core business: ship repairs and conversion, marine systems and components, and mega-yachts. Headquartered in Trieste, the company employs about 10,000 people and has eight shipyards in Italy. In the United States, it operates through its subsidiary Fincantieri Marine Group LLC, which builds ships for commercial and government customers, including the U.S. Navy and Coast Guard, at three facilities in the Great Lakes region: Marinette Marine Corporation, Bay Shipbuilding, and ACE Marine.

Shipbuilding Tribune Staff, February 16, 2012; Image: marinettemarine

Posted on February 16, 2012