The U.S. Coast Guard faces increasing challenges operating and maintaining its fleet of 241 cutters—vessels 65 feet or greater in length with accommodations for crew to live on board. Since fiscal ...

According to an Austal USA news release, work just started on the Heritage-class Offshore Patrol Cutter, Icarus, which is part of a contract to build up to 11 cutters that could bring in as much as $3 ...