$3.3 Billion Coast Guard Contract Boosts Fleet With Six New Cutters

Published Jul 13, 2026, 3:24 PM EDT

Six Artic Security Cutters (ASCs) will be constructed through two contracts, with all intended to be ready by 2031.

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Published Jul 13, 2026, 3:24 PM EDT

The U.S. Coast Guard has finalized two contracts to construct six new icebreaker ships. The ships, called Artic Security Cutters (ASCs), will be worth a combined $3.3 billion and will expand the Coast Guard's polar-capable fleet. ASCs are used to protect key shipping lanes, protect energy and mineral resources, and defend Alaskan borders. They will also be used to facilitate maritime commerce and respond to crises in the region, according to the Department of Homeland Security. Four will be constructed by Bollinger Shipyards Lockport, of Lockport, La., to the value of $2.2 billion. Rauma Marine Constructions Oy of Rauma, Finland, will build the other two at a $1.1 billion clip.