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ST Engineering wins up to $1.9 billion contract to build icebreakers for U.S. Navy - Reuters
INGAPORE (Reuters) - Singapore Technologies Engineering Ltd said on Wednesday it has won a contract worth up to $1.94 billion to build as many as three icebreaker ships for the U.S. Navy.
The U.S. Department of the Navy awarded VT Halter Marine, ST Engineering’s shipbuilding business in Mississippi, a $746 million contract for the detail design and construction of the U.S. Coast Guard (USCG) polar security cutter, the Singapore-based company said in a statement.
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With the pending opening of the Polar Northwest Passage, the need for polar icebreakers is acute. This country has only a handful while the Russians & Chinese have dozens.
INGAPORE (Reuters) - Singapore Technologies Engineering Ltd said on Wednesday it has won a contract worth up to $1.94 billion to build as many as three icebreaker ships for the U.S. Navy.
The U.S. Department of the Navy awarded VT Halter Marine, ST Engineering’s shipbuilding business in Mississippi, a $746 million contract for the detail design and construction of the U.S. Coast Guard (USCG) polar security cutter, the Singapore-based company said in a statement.
===============================================
With the pending opening of the Polar Northwest Passage, the need for polar icebreakers is acute. This country has only a handful while the Russians & Chinese have dozens.