Canada starts over on Coast Guard upgrade program

The Canadian Federal Government had to reject both proposals for a mammoth contract to upgrade their surface fleet. Canada had planned to build a new fleet of patrol vessels and support ships, but both proposals were considered too expensive. This means that the Government will either have to scale back their requirements or increase the planned budget. Give them credit, as usually an attempt to award a contract like this with a plan to get costs lower or under control would probably not work.

For more see GlobeandMail.com.