Coast Guard struggling to update its aging fleet

Nearly a decade into a 25-year, $24.2 billion overhaul intended to add or upgrade more than 250 vessels to its aging fleet, the Coast Guard has two new ships to show after spending $7 billion-plus. Now it's facing an uphill battle persuading a budget-conscious Congress to keep pouring money into a project plagued by management problems and cost ... (more)

industry construction building