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Business/Financial

Northrop Grumman-Lockheed Martin Done As LSI of Coast Guard’s Deepwater

DDN

Wednesday, October 22nd, 2008

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By Emelie Rutherford Eighteen months after the Coast Guard announced it was removing a Northrop Grumman [NOC]-Lockheed Martin [LMT] team as lead system integrator (LSI) of its Deepwater modernization program, the service now has clearly assumed that role, a top official said yesterday. "The Coast Guard is the lead system integrator....It's complete now," Rear Adm. Gary Blore, assistant commandant for acquisition, told reporters yesterday. Roughly 300 government employees, and additional contractors, working on the 25-year, $24 billion Deepwater recapitalization program…

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Congress

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