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Business/Financial

Rescue 21 Costs Soar On Construction and Program Mods

DDN

Monday, June 9th, 2008

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By Calvin Biesecker The final estimated acquisition costs for the Coast Guard's maritime 911 emergency radio system have increased 46 percent and the last installations won't be completed until six-years later than planned due to harder than expected construction challenges in Alaska, new money for the prime contractor, plans to refresh already deployed technology, and inflation, the service's top acquisition official told reporters during a teleconference on Friday. The new program acquisition baseline cost for Rescue 21 is just under…

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