GAO Says USCG Deepwater Costs Exceed Baselines

By Kristin Majcher

Plans to acquire aircraft for the U.S. Coast Guard’s Deepwater modernization program remain underfunded due to rising program costs, the Government Accountability Office (GAO) says.

“Regarding total acquisition cost, the Coast Guard has determined that some of the assets will significantly exceed anticipated costs in the 2007 Deepwater baseline,” GAO ...

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