The U.S. Coast Guard reported that Mission the Effectiveness Project (MEP) is significantly improving the mission capability and lowering the operating costs of in-service medium endurance cutters and patrol boats, thus bridging the gap between the aging fleet and the delivery of new assets. Since MEP began in 2005, the project has consistently achieved its goals on time and on budget. As project approaches its midpoint, the Coast Guard reviewed some of the lessons learned and performance improvements achieved.