Coast Guard Cutter Procurement: Background and Issues for Congress [January 09, 2015] [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 FY2015 budget requests a total of $768 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 four are now in service, the fifth through seventh are in various stages of construction, and long lead time materials (LLTM) are being procured for the eighth. The Coast Guard's proposed FY2015 budget requests $638 million for the NSC program, including $558.7 million for the eighth NSC."
CRS Report for Congress, R42567