Coast Guard modernization program nearly $4 billion over budget

By Aaron Mehta

The Coast Guard’s ill-fated “Deepwater” program to modernize its fleet is $3.8 billion over budget and years behind schedule, despite modest

Coast Guard fleet slowed by mechanical woes during BP, Haiti rescues

By Aaron Mehta and John Solomon

In the wee-morning hours after the Deepwater Horizon exploded, a Coast Guard rescue helicopter being dispatched to pluck oil rig survivors f

Congress urged to put Coast Guard on short leash with budget-busting Deepwater project

By Alexandra Duszak

Watchdog urges Congress to withhold Coast Guard money unless it submits quarterly Deepwater reports