Aura Systems Inc. (AUSI) announced today that it received the next release under the U.S.C.G. multiyear contract which was awarded in 2006 to Marinette Marine Corporation (MMC). Aura’s AuraGen/VIPER power solution is the power system used on the RB-M.
This next 39 boat release is scheduled to be delivered over 13 months and is part of a multi-year, Coast Guard contract requiring the delivery of up to 250 RB-M patrol boats at a total contract value to Aura of up to $5.0 million. To date, under the Coast Guard schedule, Aura delivered 42 systems.
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