Legislation includes $33.7 billion for U.S. Navy shipbuilding, the largest shipbuilding budget ever provided
Washington, D.C. — U.S. Senator Susan Collins, Vice Chair of the Senate Appropriations Committee and Subcommittee on Defense, secured several funding provisions for Bath Iron Works (BIW) in the Fiscal Year (FY) 2024 appropriations package. Senator Collins played a key role in negotiating the FY 2024 spending bills, which passed Congress with overwhelming support and were signed into law by the President.
“As the Chinese navy rapidly expands to more than 435 warships by 2030 and American interests face renewed pressures across the globe, this legislation provides our industrial base with the resources needed to counter these emerging threats,” said Senator Collins. “This legislation includes $33.7 billion for U.S. Navy shipbuilding, which is the largest shipbuilding budget ever provided. It also includes down payments for both an additional DDG-51 destroyer and an amphibious ship. I worked hard to secure this funding, which will help support good jobs at Bath Iron Works and its suppliers across Maine to ensure they can continue to support the Navy’s fleet by building the best surface combatant warships in the world.”
Key provisions secured by Senator Collins in the FY 2024 appropriations package include:
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