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BOLLINGER/DAMEN

December 18, 2009

Coast Guard orders three more Sentinel class cutters from Bollinger

Bollinger Shipyards, Inc. announced today that it has been awarded a contract valued at over $142,000,000 to build an additional three SENTINEL Class, 154 foot patrol boats, for the U. S. Coast Guard. The initial contract for the design and construction of the lead ship in the class was awarded to Bollinger in September 2008. Under the current contract options, the Coast Guard can buy up to thirty-four patrol boats with Bollinger for a total value of over $1.6 Billion.

The SENTINEL Class cutters will replace the 110 foot ISLAND Class that Bollinger built in the 1980's.

Chris Bollinger, Executive Vice President of New Construction for Bollinger Shipyards said, "We are very pleased with this award and very proud to continue to build patrol boats for the Coast Guard."

Bollinger has built every patrol boat in the U. S. Coast Guard's fleet. This award will increase the total number of Coast Guard patrol boats that the shipbuilder has built to one hundred and twenty six in the last quarter century. "This is really a tribute to our design team and our shipyard workers who have proven themselves to be the best. These new cutters will provide the Coast Guard with more capability than the Coast Guard has ever had, and they need the best to perform their missions", said Bollinger.

The vessels are scheduled to be built at Bollinger's Lockport, Louisiana facility.

The cutters will have a top speed over twenty-eight knots and will be able to perform seven day patrols with their crew of twenty-two. The cutter will also have a 40 knot rigid inflatable boat, RIB, that can be rapidly deployed using an innovative stern launching system that was first presented to the Coast Guard by Bollinger aboard the 87 foot MARINE PROTECTOR class cutters.


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