Coast Guard Postpones Pursuing Refunds For Faulty Ships

Thursday, May 29, 2008

The U.S. Coast Guard said it will temporarily stop its review and suspend its pursuit of a $96.1m refund for faulty ships built by Lockheed Martin Corp. (LMT) and Northrop Grumman Corp. (NOC), pending a Justice Department investigation.  The Justice Department and the Department of Homeland Security Office of the Inspector General are investigating the Coast Guard's Deepwater contracts, including the eight, 123-ft. patrol boats found to have structural problems, the AP reported.
The Coast Guard will continue to provide documents and technical support to assist the government's investigation.
The latest move signals a shift by the Coast Guard, which earlier this year had begun the process for a formal negotiation with the Integrated Coast Guard System, the joint venture between Lockheed Martin and Northrop Grumman over the faulty boats.
After revoking acceptance of the patrol boats last May, the department demanded a refund from the ICGS. The boats were later removed from the waters off Florida in late 2006 and permanently decommissioned in April 2007. Some electronics issues on them were first identified in 2003 by Michael DeKort, a former Lockheed Martin employee, who later chronicled his complaints in a YouTube video.
Northrop Grumman builds the ships while Lockheed Martin provides communications equipment and other technology.
Source:  AP

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Coast Guard

Coast Guard Monitoring Rocket Debris off US

The U.S. Coast Guard informs it is working with SpaceX and partner agencies to monitor the debris field of the exploded Falcon 9 rocket in the Atlantic Ocean more

Shell Rig Departs for Arctic Despite Protest

U.S. Coast Guard and police boats cleared a way through protesters in kayaks at a Seattle-area port on Tuesday so a drilling ship could head for the Arctic on behalf of Royal Dutch Shell.

Missing Divers Found in Gulf of Mexico

U.S. Coast Guard crews locate two missing divers in Gulf of Mexico   Two overdue divers offshore from San Jose Island, Texas, were rescued by a U.S. Coast Guard

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Port Authority Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2508 sec (4 req/sec)