Davie Defense Launches $1 Billion Shipyard Modernization in Texas to Boost U.S. Coast Guard Fleet
Davie Defense has initiated a $1 billion modernization project at Gulf Copper's shipyards in Port Arthur and Galveston, Texas. This effort is part of Davie's strategy to compete for government shipbuilding contracts, specifically to construct Arctic Security Cutters for the U.S. Coast Guard. The inauguration event was attended by Texas Governor Greg Abbott, White House budget chief Russ Vought, Sen. Ted Cruz, and Coast Guard Commandant Adm. Kevin Lunday. The project aims to enhance the shipyards' capabilities, marking one of the largest investments in American shipbuilding capacity in recent years. Davie Defense plans to create 2,400 new jobs and support 7,000 jobs throughout Texas. The company will build two hulls at Helsinki Shipyard and three more at Gulf Copper, with the first Finnish hull expected to deliver in 2028 and the last Texan hull in 2035.