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Friday, July 10th, 2026

U.S. Coast Guard finalizes contracts for Arctic Cutters

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The U.S. Coast Guard announced recently that it had finalized two contracts for the construction and delivery of six Arctic Security Cutter.

According to the Coast Guard, Bollinger Shipyards Lockport, L.L.C. of Lockport, Louisiana was awarded a contract for four of the cutters, while Rauma Marine Construction Oy of Rauma, Finland, was awarded the other two. The Bollinger contract is valued at an estimated $2.2 billion, while the Rauma contract was valued at approximately $1.1 million. The first vessel is expected to be delivered in 2028, while all six of the vessels are scheduled to be delivered by 2031. Arctic Security Cutters are polar icebreakers that are expected to strengthen America’s position in the Arctic.

“America’s future in the Arctic demands strength, capability, and resolve,” Secretary of Homeland Security Markwayne Mullin said. “I want to thank President Trump for his bold leadership and vision in directing this critical investment that made these icebreakers possible. These cutters will deliver the enduring operational capability our Nation needs to defend our sovereignty, deter adversaries, and safeguard vital resources for the American people.”

The contracts were initially awarded in December 2025, and were the first two of three contracts awarded. The initial contract awards allowed shipbuilders to begin planning while negotiations determined the final details.

“Finalizing these contracts represents decisive action to guarantee American security in the Arctic,” Admiral Kevin E. Lunday, commandant of the Coast Guard, said. “The Arctic Security Cutters will deliver the essential capability to uphold U.S. sovereignty against adversaries’ aggressive economic and military actions in the Arctic. These cutters will ensure the Coast Guard’s ability to control, secure, and defend our northern border and maritime approaches.”

Using the $25 billion provided by the historic Fiscal Year 2025 Budget Reconciliation, the Coast Guard already ordered over $10 billion in new assets and capabilities and put an additional $3 billion towards critical depot maintenance and shore facilities. Officials said the contracts demonstrate the Coast Guard’s commitment to “modernizing acquisition, delivering next-generation technology, restoring readiness, and revitalizing American shipbuilding.”