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DHS cuts contract for delayed cutter, saving $260 million
The Department of Homeland Security announced on Wednesday that it cancelled the ongoing but delayed production of a legend-class National Security Cutter, saving more than $260 million. Shipbuilding company Huntington Ingalls Industries (HII) began production on the cutter in May 2021 and it was scheduled to be delivered to the Coast Guard by November 2024 at the latest. In August 2024, however, HII informed the service that the earliest possib…
·Washington, United States
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