ST Engineering bags $2.6b polar security cutter contract from US Navy

The first ship will be delivered in 2024.

Singapore Technologies Engineering’s (ST Engineering) breaks the ice after its shipbuilding business in Pascagoula, Mississippi, VT Halter Marine, won a contract worth up to $2.6b from the US Department of the Navy for a polar security cutter, an announcement revealed.

The US Department of the Navy has named VT Halter Marine as the Prime Contractor for a $1b fixed-price incentive-firm contract for the detail design and construction of the US Coast Guard (USCG) Polar Security Cutter (PSC).

The PSC contract is a multi-year programme and a USCG major system acquisition to acquire up to three multimission PSCs will recapitalise the USCG fleet of heavy icebreakers. The first ship delivery is scheduled for 2024.

If the options are exercised, the second and third vessels are expected to be delivered in 2025 and 2027, respectively. The vessels are 460 feet in length with a beam of 88 feet overall, with a full load displacement of about 33,000 long tonnes at delivery.

VT Halter Marine was involved in the design analysis study of the PSC since February 2017 and has been in the production engineering studies support work since February 2019.

Photo by US Coast Guard

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia