US Coast Guard to receive nearly $25 billion in new funding package
The US Coast Guard (USCG) announced on July 4 that it will receive nearly $25 billion in a new funding package from the US Government, which the service described as the largest single commitment of funding in its history. It added that the funding is intended to "strengthen every facet" of the service's operations.
According to the USCG, the funding will allow for the procurement of an estimated 17 new icebreakers of various types, 21 new cutters, over 40 helicopters, and six C-130J aircraft. The package also includes significant funds for shore infrastructure, depot-level maintenance, and long-range unmanned aircraft systems.
Major investments highlighted by the service include $4.4 billion for shore infrastructure, $4.3 billion for polar security cutters, another $4.3 billion for nine new offshore patrol cutters, and $3.5 billion for three Arctic security cutters.
The USCG noted the funding will enhance its ability to counter drug and human trafficking, conduct search and rescue, and ensure maritime trade security.