What Will it Cost? Protecting the Taxpayer From an Unachievable Coast Guard Acquisition Program, Hearing Before the Subcommittee on Coast Guard and Maritime Transportation of the Committee on Transportation and Infrastructure, House of Representatives, One Hundred Twelfth Congress, First Session, October 4, 2011 [open pdf - 1MB]
From the opening statement Frank LoBiondo: "The subcommittee is meeting this morning to examine the status of the Coast Guard's major acquisition program, and hear from the commandant on what his plans are to restore public faith in the program. Though the subcommittee previously held an acquisition hearing in April, we promised to revisit the issue often to ensure that the Coast Guard's major acquisition programs continue to improve by addressing valid concerns over rising costs, schedule delays, and capability shortfalls. As part of our oversight effort, the committee asked the Government Accountability Office to review the current program to determine whether it is still on track, and to make recommendations to ensure its success. The GAO [Government Accountability Office] is here today to present those findings and recommendations. In 2002 the Coast Guard signed the contract to begin the acquisition program formally known as Integrated Deepwater System. Deepwater was supposed to provide a complete recapitalization and modernization of the Service's larger aging assets, as well as its outdated communications and information systems over a 20-year period. Now nearly a decade later, the subcommittee is concerned that the Service has less to show for the investment of over $7 billion in taxpayer money than it should." Statements, letters, and materials submitted for the record include those of the following: John P. Hutton and Robert J. Papp Jr.
Serial No. 112-53
Government Printing Office, Federal Digital System: http://www.gpo.gov/fdsys/