Adm. Collins: Deepwater Fund delays to inflate repair costs
Article Abstract:
Adm. Thomas Collins, Commandant of the Coast Guard revealed that delays imposed on funding for the $20 billion Deepwater purchase of new cutters, aircraft and other gear would inflate the expenses of keeping old platforms running. He added that Deepwater is not merely a collection of individual assets, but is rather conceived and designed as an entirety, where all the parts are required in an overall functioning totality.
Publication Name: Defense Today
Subject: Business
ISSN:
Year: 2005
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House gives Deepwater $1.6 billion: Bush pledges billions in Katrina aid
Article Abstract:
The US House pledged $8.6 billion for the Coast Guard, one of the leading responders to the disaster caused by Hurricane Katrina, which includes $1.6 billion for the DeepWater procurement program. The Deepwater program would use the money to procure new Coast Guard cutters, airplanes, helicopters and other hardware, plus an advanced command, control, computer, and communications systems to tie it all together.
Publication Name: Defense Today
Subject: Business
ISSN:
Year: 2005
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Boeing leader voices no concern QDR will entail canceling programs
Article Abstract:
James Bell, Boeing executive vice president and chief financial officer, believes that the 2005 Quadrennial Defense Review (QDR) will go for continuing transformation of the military, including acquisition of assets that provide better information. However, lawmakers are describing that defense spending, and prices on many weapons systems, are soaring, calling for restraint on programs.
Publication Name: Defense Today
Subject: Business
ISSN:
Year: 2005
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