PC shipyard wins CG pact

WASHINGTON - The Coast Guard awarded a contract to Eastern Shipbuilding Group of Panama City, Fla., on Sept. 15 for production of the lead Offshore Patrol Cutter (OPC) and up to eight follow-on cutters. The total contract award was valued at $110.29 million. It has a potential value of $2.38 billion with options to produce nine cutters. Eastern won the three-way contract battle against Bollinger (La.) Marine and Bath (Maine) Iron Works. (Source: Coast Guard 09/15/16)