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American Shipbuilder Newsletter
American Shipbuilder - Volume 14, Issue 4 - September - October 2008

American Shipbuilder

Volume 14, Issue 4 September-October 2008

House and Senate Race to Finish Defense Bill

On September 30th, the President signed into law HR 2638, the Consolidated Security, Disaster Assistance and Continuing Appropriations Act of 2009, which includes the FY 2009 Defense Appropriations Bill. The legislation provides $12.4 billion for 8 new naval ships.

 

 
American Shipbuilder - Volume 14, Issue 3 - July - August 2008

American Shipbuilder

Volume 14, Issue 3 July-August 2008

Defense Authorization and Appropriations Bills Postponed Until September

Congress will recess during the month of August, postponing work on the FY 2009 Defense Authorization and Appropriations Bills until September. Despite announcements by the leaders of the House and Senate that Congress will pass a Defense Appropriations Bill before the end of the calendar year, the fates of both the Defense Authorization and Appropriations Bills remain uncertain.

 
American Shipbuilder - Volume 14, Issue 2 - May - June 2008

AMERICAN SHIPBUILDER

Vol. 14, Issue 2                                                                                             May-June 2008

House and Senate Do Not Increase the Naval Shipbuilding Budget

On May 22nd, the House of Representatives passed its version (HR 5658) of the FY 2009 National Defense Authorization Act. The Senate Armed Services Committee has completed work on its bill (S 3001), which has yet to be taken up by the full Senate. In the FY 2009 budget submitted to Congress in February, the Navy requested $12.4 billion for 7 new ships. The House bill provides $12.5 billion for the procurement of 6 ships, and the Senate bill authorizes $12.3 billion for 7 ships. Rather than increasing the Navy’s topline request and adding ships to the budget, the House and Senate bills essentially reallocate money within the Navy’s ship procurement and National Defense Sealift Fund (NDSF) accounts.

 
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