Press Releases

Press Releases

Marine Log Reports: Swiftships gets mod to Iraq patrol boat FMS contract
For immediate release: Mar 21, 2011

http://marinelog.com/index.php?option=com_content&view=article&id=654:2011mar00214&catid=1:latest-news&Itemid=107

swiftiragmicroSwiftships 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.

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