Eastern Shipbuilding Halts Work on Coast Guard Cutter Program, Cites Financial Strain and Program Conditions

Eastern Shipbuilding Halts Work on Coast Guard Cutter Program, Cites Financial Strain and Program Conditions

Eastern Shipbuilding Group halted work on the U.S. Coast Guard’s Heritage-class Offshore Patrol Cutter program, citing “significant financial strain” caused by the program’s conditions, USNI News has learned. “Eastern Shipbuilding Group has made the difficult decision to suspend work on the Offshore Patrol Cutter program due to significant financial strain caused by the program’s structure and conditions. Despite our best efforts, continuing und…

Eastern Shipbuilding Halts Work on U.S. Coast Guard OPC Program Amid Mounting Financial Strain - eBlue Economy

eBlue Economy Dina Z. Isaac Eastern Shipbuilding Halts Work on U.S. Coast Guard OPC Program Amid Mounting Financial Strain %sitename% Panama City, Fla.—Eastern Shipbuilding Group has announced a suspension of its work on the U.S. Coast Guard’s Offshore Patrol Cutter (OPC) program, citing severe financial pressures linked to the program’s existing structure and requirements. Before the halt, the shipbuilder had been progressing on two of the four…

Eastern Shipbuilding suspends work on Offshore Patrol Cutters

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Eastern Shipbuilding Suspends Work on Coast Guard's Offshore Patrol Cutter Program

Eastern Shipbuilding Group has announced the suspension of work on the U.S. Coast Guard’s two Offshore Patrol Cutters, citing unsustainable financial pressures and workforce reductions as the company struggles with...