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GAO: Coast Guard lacks vital strategy for funding, acquisitions
Defense News: WASHINGTON — As the Coast Guard continues to push for funding to modernize an aging fleet and handle a lack of personnel, a government watchdog agency is calling attention to the service’s serious need for strategic planning.
The Coast Guard has been producing five-year capital investment plans, or CIP, for Congress since 2012, but the GAO found that these reports are not accurate at a time when forward-looking strategy is vital.
The CIP does not prioritize future acquisitions, resulting in projections that are much larger than requested or received funding, the GAO said.
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