House panel showers funds on Deepwater
- By Mary Mosquera
- Jun 20, 2003
A House transportation panel earlier this month voted to give the Coast Guard $702 million next year to speed up its Integrated Deepwater System acquisition'$202 million more than President Bush requested.
The House Transportation and Infrastructure Subcommittee on the Coast Guard and Maritime Transportation approved a $7.4 billion Coast Guard and Maritime Transportation Act authorization bill for fiscal 2004.
Rep. Frank LoBiondo (R-N.J.), chairman of the subcommittee, cited homeland security as the reason for the increase.
He said the extra funds will jump-start Deepwater, a 20-year, $17 billion plan to build new ships, planes, and command and control systems. Deepwater will replace 100 cutters'some dating to World War II'and 200 aircraft in the Coast Guard's aging fleet.
Mary Mosquera is a reporter for Federal Computer Week.