Silver Ships signs biggest contract in its history
Silver Ships, Theodore, Ala., has been awarded a contract to build up to 246 High-Speed Maneuvering Surface Target (HSMST) custom vessels for the U.S. Navy. If all options are exercised, the contact will be worth $50 million. The order is the largest and most lucrative in Silver Ships’ history. The majority of the boats will be powered by twin Suzuki 225 outboards, but some will use Mercury diesel outboards because they will be aboard Navy vessels that don’t carry gasoline.