The ship, originally designated a "patrol gunboat," PG-182, was ordered by the United States Maritime Commission under a United States Navy contract as the first USS Hargood, a British name she carried because of her intended transfer to the United Kingdom. Reclassified as a "patrol frigate," PF-74, on 15 April 1943, she was laid down by the Walsh-Kaiser Company at Providence, Rhode Island, on 30 April 1943. The British renamed her Ascension prior to launching. She was launched on 6 August 1943, sponsored by Mrs. A. A. Kirby.
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