Search

CRS Analyst Estimates $1 Billion In Savings If Coast Guard Shifts Shipbuilding To Multiyear Contracts

CRS Analyst Estimates $1 Billion In Savings If Coast Guard Shifts Shipbuilding To Multiyear Contracts
Artist rendering of Offshore Patrol Cutter. Source: Coast Guard

The Coast Guard could save up to $1.2 billion in its acquisition budget if its shifts several new and ongoing shipbuilding projects to some form of multiyear contracting, a naval affairs specialist with the Congressional Research Service (CRS) told a House panel on Wednesday.The Offshore Patrol Cutter (OPC) and heavy Icebreaker programs are potential candidates for block buy contracting and the acquisition of most of the remaining 26 Fast Response Cutters (FRC) could be done with either a multiyear procurement…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]


Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]


All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]


Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]