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06:37 PM, September 16, 2016
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Austal USA Wins US Navy Contract To Build Fast Transport Vessels
Austal USA To Construct Expeditionary Fast Transport Vessel

Austal USA has won a $248.9 million contract from the US Navy to design and construct two Expeditionary Fast Transport(EPF) vessels.

It is 11th and 12th vessel EPF vessel that the US is constructing since 2008. The EPF vessels will be built to transport personnel, supplies and equipment for the Navy, Marine Corps and Army, the US Defense Department announced Thursday.

EPF, formerly named the Joint High Speed Vessel, is designed to carry 600 short tons of military cargo, operate in shallow-draft ports and waterways, interface with roll-on and roll-off discharge facilities and load an Abrams Main Battle Tank.

Austal USA will perform work under the modification in Alabama, Michigan, Virginia, Texas, Pennsylvania, Mississippi, Wisconsin, overseas and various other places through March 2020.

The Navy guaranteed $268.4 million from its fiscal 2015 and 2016 shipbuilding and conversion funding, which includes the definitized long lead time material of the undefinitized contract action at the time of award. 

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