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Homeland Security

Schultz Expects First Polar Security Cutter To Cost About $925 Million

By Cal Biesecker

Thursday, March 28th, 2019

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Schultz Expects First Polar Security Cutter To Cost About $925 Million

The Coast Guard's Polar Star is the nation's only heavy polar icebreaker. In this Coast Guard photo the vessel is shown conducting ice breaking operations in Antarctica in Jan. 2017.

The first of at least three new heavy polar icebreakers that the Coast Guard plans to soon put under contract will cost about $925 million with the follow-on Polar Security Cutters (PSC) likely costing significantly less, Coast Guard Commandant Adm. Karl Schultz said on Thursday. The initial PSC will cost around $925 million, “plus or minus million dollar range,” Schultz told the Senate Appropriations Homeland Security subcommittee in response to a question from panel chair Sen. Shelley Moore Capito (R-W.Va.).…

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