Report: USCG’s Polar Icebreaker Program is 60 Percent Over Budget
The project procurement costs for the U.S. Coast Guard’s new Polar Security Cutter program are expected to be 60 percent greater than the Coast Guard’s latest estimates. This is the finding that will be shared next week by an analyst from the Congressional Budget Office (CBO) during a hearing in front of the Transportation and Maritime Subcommittee of the U.S. House of Representatives’ Committee of Homeland Security. An advance copy of the opening statement by Eric Labs,...
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