Ribcraft, Marblehead, Mass., a manufacturer of rigid inflatable boats (RIBs) for law enforcement, safety professionals, and military agencies, announced that the Navy has awarded it a five-year contract worth up to $43 million.
Under the contract, Ribcraft will build and deliver an estimated 48 of the 11-meter expeditionary mine counter measure boat. Ribcraft has also been providing the Navy with seven-meter (23') shipboard RIBs since 2014.
“The awarding of this latest contract is testament to
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