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Coast Guard Delivers $9 Billion Budget, $1.2 Billion For Recapitalization Efforts

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By Geoff Fein The Coast Guard has requested more than $9 billion dollars for its FY '09 budget that includes $1.2 billion for recapitalizing the service's fleet of vessels as well as improving command and control and intelligence gathering. Additionally, the Coast Guard will publish its first-ever posture statement along with the budget, a Coast Guard official told reporters. The FY '09 budget, which is the largest request in the Coast Guard's history, focuses on four areas: recapitalizing the service's…

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