The first, for up to $6 million, would help the yard finance $43 million of additional investment to the 160-year-old foundry the yard acquired back in 1902 – an investment the Navy wants it to make on top of the $30 million invested over the past decade and the $50 million it already planned for the next several years. The additional $43 million is needed so the castings the foundry produces can meet tougher new standards set by the Navy.