The Department of Homeland Security wants to spend about $50 million to buy a new long-range Gulfstream jet to replace an aging one used by Secretary Kristi Noem and top Coast Guard and DHS officials.

That jet, which has a range of 5,000 nautical miles and can carry 12 people, is based at Coast Guard Air Station Washington, D.C. UCF received nearly $21 million in revenue in first season of Big 12 ...