The following is the text of a news release from the Navy League:
(BALTIMORE) — Capt. Matthew Lake assumed command of the U.S. Coast Guard Yard, the service’s only shipbuilding and major ship repair facility, on July 1.
Lake is the 42nd commanding officer in the 117-year history of the yard. He took charge from Capt. George Lesher, who served as commanding officer from June 2013 and is assuming duties as the ship design manager at Coast Guard headquarters in Washington
Lake takes command of an industrially funded $88 million annual gross revenue business. The current work force of the Coast Guard Yard is 516 civilian employees and 84 military members. Founded in 1899, the yard is a full-service shipyard. It 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. Lake served as the Coast Guard Yard’s industrial manager from 2013 to 2014, where he was responsible for operation of the shipyard.
A native of Silver Spring, Md., Lake’s most recent assignment was as the Coast Guard’s Massachusetts Institute of Technology (MIT) Sloan Fellow. A 1995 graduate from the U.S. Coast Guard Academy, his afloat assignments include student engineer on the Coast Guard cutter (CGC) Midgett and engineer officer on CGC Northland.
His shore engineering and logistics assignments include duty at the Maintenance & Logistics Command Atlantic; service as the first Sector St. Petersburg Logistics Department head, and as the Surface Forces Logistics Center’s first product line engineering chief, implementing the Coast Guard’s present-day logistics systems and business framework.
Lake served as deputy of the Coast Guard’s Office of Budget and Programs, where he oversaw formulation and defense of the service’s $10 billion annual budget with the Department of Homeland Security (DHS), the administration and Congress. He later served under the DHS chief financial officer, coordinating formulation and justification of the DHS’ $65 billion 2016 President’s Budget Request to Congress, and prepared the secretary for congressional oversight hearings.