Story at http://www.washingtontechnology.com/online/1_1/30297-1.html?topic=contract-awards
The Coast Guard would be required to terminate its Integrated Deepwater Systems contract with Lockheed Martin Corp. and Northrop Grumman Corp. when it expires in June under legislation submitted late last week by Sen. John Kerry (D-Mass.).
The remainder of the $24 billion contract should be competitively bid to avoid further delays and reduce waste. The value of the remainder of the contract was not immediately available, Kerry said.