Coast Guard Cutter Procurement: Background and Issues for Congress [February 27, 2014] [open pdf - 1MB]
"The Coast Guard's program of record (POR) calls for procuring 8 National Security Cutters (NSCs), 25 Offshore Patrol Cutters (OPCs), and 58 Fast Response Cutters (FRCs) as replacements for 90 aging Coast Guard cutters and patrol craft. The NSC, OPC, and FRC programs have a combined estimated acquisition cost of about $21.1 billion, and the Coast Guard's proposed FY2014 budget requests a total of $716 million in acquisition funding for the three programs. NSCs are the Coast Guard's largest and most capable general-purpose cutters. They have an estimated average procurement cost of about $684 million per ship. The first three are now in service, the fourth, fifth, and sixth are under construction, and long lead time materials (LLTM) for the seventh are being procured. The Coast Guard's proposed FY2014 budget requests $616 million in acquisition funding for the seventh NSC; it does not request any funding for long lead time materials (LLTM) for the eighth NSC, which is scheduled to be procured in FY2015. OPCs are to be smaller, less expensive, and in some respects less capable than NSCs. They have an estimated average procurement cost of about $484 million per ship. The first OPC is to be procured in FY2017. The Coast Guard's proposed FY2014 budget requests $25 million in acquisition funding for the OPC program."
CRS Report for Congress, R42567
Federation of American Scientists: http://www.fas.org/sgp/crs/index.html