Davie Defense Finalizes Contract for U.S. Coast Guard Arctic Security Cutters

Davie Defense has finalized a $3.5 billion contract with the United States Coast Guard (USCG) for the construction and delivery of five Arctic Security Cutters (ASC), a new class of Arctic icebreaker.

Two of the ships will be constructed at Davie Defense affiliate Helsinki Shipyard in Finland and three ships will be constructed at the company's Gulf Copper facilities in Galveston and Port Arthur, Texas. The first ship will be delivered in 2028.

The contract runs through February 2035 and maintains the previously announced delivery schedule for all five vessels. The program forms part of the U.S. government's broader effort to expand the nation's Arctic fleet and deliver a total of 11 ASCs.

Davie Defense is the U.S. arm of Inocea, a UK-owned maritime group with operations in Finland, Canada and the U.S.

"These vessels will strengthen the U.S. Coast Guard's capability in one of the world's most strategically important regions," said James Davies, co-founder of the Inocea Group. "The Arctic is increasingly strategic to global security and economic resilience, and these vessels will provide the U.S. Coast Guard with critical capability in a region where reliability and operational readiness are non-negotiable. We are committed to executing this program with