This story in the New York Times reveals quite a scandal in the oversight and planning of the Coast Guard modernization program.
Excerpt from link "The modernization effort was a bold experiment, called Deepwater, to build the equivalent of a modest navy — 91 new ships, 124 small boats, 195 new or rebuilt helicopters and planes and 49 unmanned aerial vehicles".

Vincent Laforet for The New York Times
PATROL BOATS Converted at a cost of $12 million each, these boats, which have been taken out of service, sustained hull breaches and shaft alignment problems that the Coast Guard tried to repair in Key West, Fla.
READ FULL STORY HERE (EXTENSIVE): http://www.nytimes.com/2006/12/09/us...rtner=homepage
SHORT QUICK VISUAL VIEW HERE: http://graphics8.nytimes.com/images/...ip_graphic.gif
Excerpt from link "The modernization effort was a bold experiment, called Deepwater, to build the equivalent of a modest navy — 91 new ships, 124 small boats, 195 new or rebuilt helicopters and planes and 49 unmanned aerial vehicles".

Vincent Laforet for The New York Times
PATROL BOATS Converted at a cost of $12 million each, these boats, which have been taken out of service, sustained hull breaches and shaft alignment problems that the Coast Guard tried to repair in Key West, Fla.
READ FULL STORY HERE (EXTENSIVE): http://www.nytimes.com/2006/12/09/us...rtner=homepage
SHORT QUICK VISUAL VIEW HERE: http://graphics8.nytimes.com/images/...ip_graphic.gif
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