The Deepwater program is a 20- to 25-year, $19- to $24-billion acquisition program to replace or modernize 93 Coast Guard ships and 207 Coast Guard aircraft. The Coast Guard's FY2006 budget requests $966 million for the program. On March 25, 2005, the Coast Guard submitted to Congress a revised implementation plan for the program. Some Members of Congress have criticized the plan on several grounds. The House version of H.R. 2360, the FY2006 Department of Homeland Security (DHS) appropriations bill, reduces the FY2006 Deepwater funding request to $500 million; the Senate version reduces it to $905.6 million. This report will be updated as events warrant.


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