U.S. Coast Guard’s Deepwater Acquisition Plan In Deep Water?

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USCG Boutwell in OIF(click to view full) The Coast Guard has been asserting that its deepwater legacy assets are “failing at an unsustainable rate.” In 2002, the Coast Guard began a multi-year acquisition program to replace or modernize its deepwater assets that is currently estimated to cost $19 to $25 billion. More recently, it began studying options for replacing or modernizing the assets more rapidly in an effort to avoid some of the costs that might be involved in keeping aging assets running for longer periods. Budgetary battles, funding shortfalls, and a dearth of adequate information from Congress’ point of view are all recapped in GAO report #GAO-05-757, which also looks at the Coast Guard’s overall handling of the program, program risks, and recommendations for improvement. (click to view full) In its FY 2006 budget request, the Bush Administration requested $966 million for the Deepwater program – $242 million more than Congress appropriated for the program in FY 2005. This request reflects significant revisions to the Deepwater program’s requirements, capabilities, and schedule necessitated by the Coast Guard’s new homeland security mission. Recently, the House Appropriations Committee recommended $500 million for the Deepwater program, $466 million less than the Administration requested. […]

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