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U.S. Coast Guard Orders Four More Fast Response Cutters at Bollinger Shipyards

U.S. Coast Guard Orders Four More Fast Response Cutters at Bollinger Shipyards
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Bollinger Wins Preliminary Design Contract For US

Bollinger Wins Preliminary Design Contract For US
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Bollinger Acquires Gulf Island Fabrication's Houma Shipyard – gCaptain

Bollinger Acquires Gulf Island Fabrication's Houma Shipyard – gCaptain
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Bollinger Shipyards Acquires Gulf Island Fabrication's Shipyard Facilities

Press release content from Business Wire. The AP news staff was not involved in its creation.
Bollinger Shipyards Acquires Gulf Island Fabrication’s Shipyard Facilities
April 19, 2021 GMT
LOCKPORT, La. (BUSINESS WIRE) Apr 19, 2021
Bollinger Shipyards (“Bollinger”), a privately-held leading designer and builder of steel military and commercial vessels for the past three quarters of a century, today announced that it has acquired Gulf Island Fabrication, Inc.’s (“Gulf Island”) (NASDAQ: GIFI) Shipyard facilities, expanding Bollinger’s new construction and repair capacity and capabilities to better serve its key defense and commercial customers. Financial terms of the transaction were not disclosed. ....

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Bollinger Shipyards to build four additional FRCs for Coast Guard

Bollinger Shipyards to build four additional FRCs for Coast Guard
The President of the United States signed into law the omnibus spending bill for Fiscal Year 2021, which included funding for four more Sentinel-class Fast Response Cutters (FRC), allowing Bollinger to build and deliver four more FRCs to the United States Coast Guard. This increases the total number of funded boats to 64, Bollinger Shipyards said in a press release.
“It’s a great honor to have the confidence of the U.S. Congress to continue the work we’re doing in support of the U.S. Coast Guard,” said Bollinger Shipyards President & CEO Ben Bordelon. “The Fast Response Cutter program is something we’re all proud of here in Louisiana. Delivering vessels on schedule and on budget to the Coast Guard during these challenging times shows the determination and resiliency of our workforce.” ....

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