The U.S. Coast Guard Yard in Curtis Bay, the service's only shipbuilding and major ship repair facility, is under new leadership.
Capt. Matthew Lake took over as the facility's 42nd commanding officer on July 1, the Coast Guard announced this week. He succeeds Capt. George Lesher, who served as the location's commanding officer for the past three years.
In a release, officials said Lake served as deputy of the Coast Guard's Office of Budget and Programs where he oversaw formulation and defense of the Coast Guard's $10 billion annual budget with the Department of Homeland Security, the Obama Administration and Congress.
The Silver Spring native also served as the Department of Homeland Security's chief financial officer and has won various medals and accommodations for his service, including the 2010 American Society of Naval Engineers Perry Award.
The Coast Guard Yard produces $88 million in annual revenue and employs 516 civilians and 84 military service members.
Founded in 1899, the facility "is responsible for repair and modernization of a variety of Coast Guard cutters and for the manufacturing of Coast Guard equipment that provides critical service to the Coast Guard fleet," the service branch wrote in a release.