The U.S. Coast Guard has obligated more than $2.07 billion to date on its Fast Response Cutter Phase II contract with Bollinger Shipyards Lockport, after a $13.7 million economic price adjustment posted August 5, 2026.

• U.S. Coast Guard
• Bollinger Shipyards
• Fast Response Cutter
• +3 more

Austal USA, LLC has reached $1.4 billion in cumulative obligations on its Department of Homeland Security contract for the Coast Guard's Offshore Patrol Cutter Stage 2 program, USASpending.gov records show. The fixed-price-incentive contract, signed in July 2022, has a base-and-options ceiling of $3.3 billion.

• Austal USA
• U.S. Coast Guard
• Offshore Patrol Cutter
• +3 more