Mariner Rescue Program Price Soars ; Coast Guard Seeks $1 Billion
The Washington Times › June 09, 2008
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Summary
A communications program aimed at tracking mariners in distress at sea and originally priced at $730 million is now going to cost more than $1 billion and will be completed six years later than planned, the U.S. Coast Guard said Friday.
Rescue 21, essentially the sea equivalent of a 911 system, is a vital, life-saving program that needs funding, stressed Rear Adm. Gary T. Blore, assistant commandant for acquisition at the Coast Guard, in a conference call with reporters.See the full content of this document
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Mariner Rescue Program Price Soars ; Coast Guard Seeks $1 Billion
Adm. Blore attributed the cost overruns to miscalculations of the geographic challenges in extending the program to Alaska, as well as inflation.
"Alaska is a very challenging environment," he said.The $730 mil...See the full content of this document
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