This Frost & Sullivan analysis focuses on the US Department of Homeland Security (DHS) Coast Guard (USCG) fiscal year (FY) 2023 spending request. It outlines the Coast Guard's budget categories and prominent program funding priorities and includes an emphasis on environmental activities. In addition, the analysis highlights examples of contracts and key industry participants during calendar year (CY) 2022.
The analysis outlines the Coast Guard's spending drivers, restraints, and technology interests. It discusses growth opportunities for analysis into artificial intelligence, clean energy, and climate-resilient infrastructure. The Coast Guard sector is mature and stable, and this analysis outlines and provides commentary on the budget. The Coast Guard’s Environment Compliance and Restoration (EC&R) program is part of the overall DHS climate action plan. The goal of the analysis is to better understand the current state of the Coast Guard's budget request, operational developments driving the Coast Guard sector, and the future objectives for Coast Guard spending.
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