Adm. Paul Zukunft, the U.S. Coast Guard‘s commandant, expects the agency to receive additional funds in the coming fiscal year to upgrade its maritime fleet, Federal News Radio reported Monday.
Jared Serbu writes Zukunft said he engaged in budgetary talks with both the House and Senate appropriations committee leaders.
“I can’t share those with you, but it may bring the largest acquisition budget in the Coast Guard’s history, so I’m pretty excited about that,” Zukunft told the National Press Club in Washington last week.
Serbu reports the House Appropriations Committee approved an $8.5 billion budget for the Coast Guard in fiscal 2016 and the Senate Appropriations Committee proposed $10.3 billion in funds.
Zukunft pegged the annual cost growth for the agency’s acquisition portfolio at less than 2 percent.