WASHINGTON D.C.: Funding for Eastern Shipbuilding Group’s coast guard contract has made it through the US House of Representatives.
On Thursday (Friday in Manila), the House passed appropriations legislation that included $500 million to fully fund the offshore patrol cutters program for which Eastern won a multibillion-dollar contract last year. Early in the budget process, President Trump proposed cutting the US Coast Guard’s overall budget by $1.3 billion — which could have threatened the contract — but the final proposal kept the agency’s budget at $9.1 billion.
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