RIBCRAFT Delivering on $80 Million Navy Contract

MARBLEHEAD, MA August 2022 – RIBCRAFT USA, a leading manufacturer of rigid inflatable boats (RIBs) for law enforcement, safety professionals, and military agencies announced that it recently entered the production phase on its five-year IDIQ contract with the United States Navy to build the standard 7- Meter RIB.

Under the multi-year contract, RIBCRAFT will build up to 278 of the 7-Meter rigid inflatable boats worth approximately $80 million. This is purported to be the largest single contract based on number of boats ever awarded by the United States Navy.

“With this additional multi year contract, we’re proud to continue our long collective partnership with the U.S. Navy,” said P. Brian Gray, President and Chief Executive Officer of RIBCRAFT. “We are committed to delivering the most reliable, safe, and exceptional boats to the dedicated men and women serving our country around the world.”

These 24’ RIBs will serve as the Ready Service Life Boats on all Navy ships sailing around the world and are an essential component of the fleet. As multi-purpose platforms they serve several secondary missions including anti-terrorism/force protection operations, search & rescue, vessel boarding search & seizure (VBSS), and maritime interdiction operations.

A critical operational requirement for the shipboard 7m RIB is that each boat must be carried aboard and deployed from a variety of U.S. Navy ship classes. To accomplish this, RIBCRAFT will build three variants under the contract. Two variants are specific to the launch, recovery, and handling systems found on the classes with the third variant being a Safety Of Life At Sea (SOLAS) certified craft intended for the Military Sea Lift Command. This is the only SOLAS boat currently built in the United States.

Each vessel is powered by a single Steyr SE266E40 diesel engine with Bravo Two X Mercruiser outdrive and equipped with a Briartek man overboard indicator system (MOBI), and forward M60/M240 weapon foundation. With a full load of 18 sailors, the 7-meter RIB will have a sprint speed of 25 knots.

These boats will be built alongside the U.S. Navy Expeditionary 11-Meter RIB that RIBCRAFT is currently building at its Massachusetts facilities. Together these contracts have a total value of over $120 million, making the company New England’s most significant boat manufacturer.

“RIBCRAFT is well respected as a top builder of the most reliable commercial rigid inflatable boats available. We’re extremely proud to have received the largest Navy boat contract ever awarded and are equally proud to be building these boats in Marblehead, MA - a fitting tribute to a town that lays claim to being the birthplace of the US Navy,” said Gray.

About RIBCRAFT
RIBCRAFT designs and builds safe, durable, performance oriented rigid inflatable boats (RIBs) that fulfill the most demanding military, professional and recreational applications. A leading manufacturer of professional grade RIBs and inflatables for safety professionals, military agencies, yacht clubs, and recreational boaters throughout the world, RIBCRAFT offers vessels starting at 15’, capable of fulfilling most any mission. www.ribcraftusa.com

Contact:
Kelly Hines
khines@ribcraftusa.com
781-639-9065