Problems with the U.S. Coast Guard's $24 billion, 25-year Deep-water program peaked in 2007 when House lawmakers contemplated legislation threatening to withhold funding. The past two years have seen a dramatic turnaround.rn1. The service wants to have the fourth National Security Cutter under contract by fiscal 2010.rn2. The Sentinel-class patrol boat contract was awarded in September and production has begun.rn3. Deepwater is estimated to go over budget by $2 billion due to cost overruns and delays from early program failures.
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