VT Halter Marine, USA, has secured a contract worth US$393 million from the US Navy for the Phase II of the Egyptian Navy’s Fast Missile Craft (FMC) project.
VT Halter Marine is owned by Singapore Technologies Engineering (ST Engineering). Phase I of the project was worth US$249 million after an addition US$13.5 million was added due to changes to the work scope. The new contract is to build three FMCs and work on Phase II commences immediately with delivery of the first FMC is expected by mid 2012. The FMC is designed to perform coastal patrol, surveillance, interdiction, surface strike and naval battle group support for the 21st century. These vessels would allow the Republic of Egypt to maintain the security of its coastal regions for both itself and friendly countries, while denying access to the areas by any future adversaries. Each vessel will be approximately 62 metres in length and will incorporate ship signature control technology. High speed and maneuverability are two of the ship’s primary assets to fulfill these roles.
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