Fincanteiri Marine Group awaits US Navy talks following icebreaker decision
Following the decision to award VT Halter Marine, a US-based shipbuilder owned by Singapore Technologies (ST) Engineering, the deal to design and build a new fleet of heavy polar icebreakers for the US Coast Guard, one of the losing competitors is awaiting a debrief from the US Navy on the decision.
The US Coast Guard and US Navy, which jointly manage the Polar Security Cutter (PSC) programme, awarded a $746 million contract on 23 April to VT Halter for the lead ship. The contract contains options to build the second and third PSCs, which would push the total value to
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