Midnight Express will build boats for the Coast Guard

Author:
Updated:
Original:

Midnight Express Powerboats received a three-year contract from the Coast Guard to supply a progression of the builder's 39-foot Interceptor models.

The contract, coupled with a recent large order from the Navy, allows Midnight Express to expand capacity in its Fort Lauderdale manufacturing facility. The work has allowed Midnight Express to retain its full complement of designers, engineers and workers as recreational boat sales continue to slump.

Providing law enforcement vessels has long been an important segment of the Midnight Express customer base. The company says it has shipped its Interceptors to police, military, customs and security units around the world. As the focus of drug and immigration enforcement becomes more concentrated, the company reports it is currently in negotiation with units in numerous nations.

Click here for the complete release.

Related

Quick Hits: October 28, 2020

Ranger Tugs and Cutwater Boats announce dealer awards; Cummins announces 3Q results.

Garmin Q3 Revenues Up 19%

Growth was driven by in part by a 24 percent increase in marine sales.

Groupe Beneteau Expects Revenue Declines

The group reduced investments by 30 percent in response to the Covid-19 pandemic.

A Banner Year for MarineMax

The yacht retailer saw its highest revenue and earnings in the company’s history.

New Boat Registrations Up 5.8% Year to Date

Main powerboat categories were up more than 34% year over year.

Azimut Benetti Group Sees Robust Sales in Asia-Pacific Market

The Italian conglomerate is reporting total sales of over 150 million euros in the region.