14
May
The Coast Guard has dumped the controversial private-sector venture it hired to manage the Deepwater program. In April, Commandant Adm. Thad Allen announced that Integrated Coast Guard Systems (ICGS) would no longer serve as the prime contractor for the fleet modernization initiative. ICGS, a joint venture between Lockheed Martin Corp. and Northrop Grumman Corp., is eligible to compete for individual…