USA: Swiftships Shipbuilder Wins USD 42,181 Million Modification Contract for Patrol Boats

Swiftships Shipbuilders, LLC, Morgan City, La., is being awarded a $42,181,000 modification to a previously awarded Foreign Military Sales contract (N00024-09-C-2256) for the detail design and construction of three 35-meter patrol boats, with an option for three additional 35-meter patrol boats and associated technical services for the Iraqi navy.

This contract modification includes options which, if exercised, would bring the cumulative value of this contract modification to $83,479,000. Work will be performed in Morgan City, La. (60 percent); Detroit, Mich. (30 percent); Ocean Springs, Miss. (8 percent); and Charlottesville, Va. (2 percent), and is expected to be completed by August 2012. Contract funds will not expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, D.C., is the contracting activity.

About Swiftships Shipbuilders, LLC

Swiftships has a long history of designing and building the most reliable mid-sized vessels in the world. Known for workmanship of the highest quality, shipping vessels from Swiftships continue to play a vital role in military and commercial applications around the globe.

Established in 1947 as Sewart Seacraft, the company adopted the Swiftships name in 1969 to herald the production of hundreds of Swift Boats deployed by the US Navy for combat during the Vietnam era. Over the course of the last 63 years, Swiftships has produced thousands of hulls, incorporating over 125 proprietary designs for 41 global customer nations.

In these competitive times, Swiftships continues to provide its customers with world-class products, consistently exceeding all quality & satisfaction requirements.
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Source: swiftships, March 22, 2011