BATH, Maine — Maine's Bath Iron Works is preparing to submit its bid for a contract to build Coast Guard cutters.
The deadline is Tuesday for bids from the Maine shipyard and two competitors— Bollinger Shipyards in Louisiana and Eastern Shipbuilding in Florida —for a contract that could be worth up to $10 billion.
Bath Iron Works hasn't built a Coast Guard vessel since the 1930s.
The contract is important as the General Dynamics subsidiary seeks to stabilize its workforce amid U.S. Navy cutbacks.
The shipyard's largest union adopted a new contract in December with a goal of cutting costs and becoming more efficient to produce a more competitive bid for the Coast Guard contract.
![Officials look at a damage site at a residential complex in Kazan, Russia.](http://images04.military.com/sites/default/files/styles/thumbnail_large/public/2024-12/ApNewsroom_Russia_Ukraine_73681.jpg?itok=l-hCuZQ_ "In this photo released Saturday, Dec. 21, 2024, by the official Telegram channel of the Kazan City Hall, local officials look at a damage site at the residential complex called "Lazurnye Nebesa," or Azure Skies, in Kazan, Russia, following Ukrainian drone attacks. (Official Telegram channel of the Kazan City Hall via AP)")
