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U.S., Finland Sign $6.1 Billion Icebreaker Deal to Add 11 Arctic Cutters

The pact pairs near-term purchases from Finland with technology transfer to revive U.S. shipyards.

Overview

  • A White House memorandum of understanding commits the U.S. Coast Guard to four Finnish-built Arctic Security Cutters and up to seven more constructed in American yards using Finnish expertise.
  • Davie in Galveston, Texas, is slated to build three U.S.-based cutters and Bollinger Shipyards in Houma, Louisiana, will build four, with the first vessel targeted for delivery in 2028.
  • The program is estimated at about $6.1 billion, and officials say it will channel billions into the U.S. maritime industrial base and create thousands of skilled trades jobs.
  • The administration frames the move as a national security step to strengthen U.S. presence in the Arctic as Russia and China expand activity, with Finland tapped for its leading role in icebreaker design and production.
  • Reporting on current U.S. polar capacity differs, with the Coast Guard commissioning the CGC Storis in August to expand its fleet as a White House official cited only two operational cutters, and commercial contracts and schedules are still to come.