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Congress

Deepwater Asset Costs Exceed $24 Billion Program Baseline By $2 Billion, Rep. Cummings Says

DDN

Wednesday, March 25th, 2009

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By Calvin Biesecker The total combined estimated costs of all the assets that make up the Coast Guard's Deepwater modernization program are more than $2 billion higher than the projected $24 billion baseline for the Deepwater effort, the chairman of a House panel that oversees the service said yesterday. "What won't be done?" Rep. Elijah Cummings (D-Md.), chairman of the House Transportation and Infrastructure Subcommittee on Coast Guard, asked the service. Coast Guard Acquisition Chief Rear Adm. Gary Blore acknowledged…

Unmanned Systems

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Congress

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