"DEFENSE" CONTRACTORS, PATRIOTS ALL

Coast Guard Seeks Deepwater Refund Problematic Patrol Boats to Be Scrapped

By Renae Merle

Washington Post Staff Writer
Friday, May 18, 2007; Page D03

The Coast Guard said yesterday that it will seek damages from Lockheed Martin and Northrop Grumman for eight failed patrol boats that have come to exemplify the problems with its $24 billion modernization effort.

http://www.washingtonpost.com/wp-dyn/content/article/2007/05/17/AR2007051702282.html

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In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.
Dwight D. Eisenhower

President of the United States   1953-1961