House Committee Intensifies Probe into Coast Guard Shipbuilding Program

A House committee is intensifying its investigation into a Coast Guard shipbuilding program, focusing on a major contractor accused of withholding records related to project delays and cost overruns. Bloomberg posted on X that the committee's actions come amid growing concerns over the management and execution of the program. The investigation seeks to uncover the reasons behind the setbacks and financial discrepancies, aiming to ensure accountability and transparency in the handling of the project. The contractor's cooperation is deemed crucial for the committee to assess the situation accurately and propose necessary measures to address the issues.