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Department of Homeland Security Awarded a Contract to RAUMA MARINE CONSTRUCTIONS OY for $1,122,648,775.26

Signed on

12/26/2025, 12:00 AM

RAUMA MARINE CONSTRUCTIONS OY Government Contract #70Z02326C93210001

RAUMA MARINE CONSTRUCTIONS OY was awarded a contract with the United States Government for $1,122,648,775.26. The contract was awarded by the agency office HQ CONTRACT OPERATIONS (CG-912)(000, which is a division with the U.S. Coast Guard within the Department of Homeland Security.

Summary of Award

The recipient of the federal contract is Rauma Marine Constructions OY, a company based in Finland engaged in shipbuilding and repairing. The contract, awarded by the Department of Homeland Security through the U.S. Coast Guard, is for the purchase of two Arctic Security Cutters worth a total of $1,122,648,775.26. Notable transactions include an initial payment of $520,544,186.11, followed by a significant transaction of $602,090,429.11, and a smaller payment of $14,160.04.

Contract Details

Contract ID70Z02326C93210001
Contract TypeD
Total Obligation$1,122,648,775.26
Exercised Options$1,122,648,775.26
Base Amount + Options$1,122,648,775.26
Date Signed2025-12-26
Contract DescriptionPURCHASE OF TWO ARCTIC SECURITY CUTTERS FOR THE USCG
Start Date2025-12-26
End Date2029-03-26

Agency Details

Awarding AgencyDepartment of Homeland Security
Awarding Sub AgencyU.S. Coast Guard
Awarding OfficeHQ CONTRACT OPERATIONS (CG-912)(000
Funding AgencyDepartment of Homeland Security
Funding Sub AgencyU.S. Coast Guard
Funding OfficeCOMMANDANT ACQUISITIONS DIRECTORATE

Recipient Details

RecipientRAUMA MARINE CONSTRUCTIONS OY
Recipient LocationSUOJANTIE 5 RAUMA LANSI-SUOMEN LAANI, FINLAND
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Foreign Owned, Limited Liability Corporation, Manufacturer of Goods, Not Designated a Small Business, Special Designations

Comments

Award Transactions

Transaction #P00002$14,160.04June 29, 2026

U.S. Coast Guard, a sub agency of Department of Homeland Security, issued a payment of $14,160.04 to RAUMA MARINE CONSTRUCTIONS OY. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$602,090,429.11June 19, 2026

U.S. Coast Guard, a sub agency of Department of Homeland Security, issued a payment of $602,090,429.11 to RAUMA MARINE CONSTRUCTIONS OY. The payment included a Subsidy Cost of $0.00.

Transaction #0$520,544,186.11December 26, 2025

U.S. Coast Guard, a sub agency of Department of Homeland Security, issued a payment of $520,544,186.11 to RAUMA MARINE CONSTRUCTIONS OY. The payment included a Subsidy Cost of $0.00.