Federal grant · project grant (b)

Hanwha Philly Shipyard, Inc.

To Foster Efficiency Competitive Operations and Quality Ship Construction Repair and Reconfiguration in Small Shipyards Across the United States in Addition to Fostering Employee Skills and Enhanced Productivity Related to Shipbuilding Ship Repair and Associated Industries This Grant Is for Continuation of the Shipyard Apprentice Program Deliverables Are Shipyard Apprentice Program Contiunation Which Will Increase Efficiency in Within the Shipyard by Training Shipyard Workers in Various Aspects of Shipyard Work Intended Beneficiary Is?philly Shipyard Inc There Are No Subrecipient Activities

Committed

$800,000

Paid to

UEI X1CGWE5NY6S3

1901 Kitty Hawk Ave, Philadelphia, PA, 19112

Department of Transportation

Maritime Administration

Place

PHILADELPHIA, PA, UNITED STATES

PA-05

Performance

Aug 7, 2024 → Aug 6, 2026

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · project grant (b)

Department of Transportation

Maritime Administration

Assistance to Small Shipyards to

Hanwha Philly Shipyard, Inc.

Committed

$800,000

Paid to

Hanwha Philly Shipyard, Inc.

UEI X1CGWE5NY6S3

1901 Kitty Hawk Ave, Philadelphia, PA, 19112

Department of Transportation

Maritime Administration

Place

PHILADELPHIA, PA, UNITED STATES

PA-05

Performance

Aug 7, 2024 → Aug 6, 2026

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗