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Trump's plan to boost defense spending could help some local businesses

WHITEHALL TWP., Pa. - President Donald Trump is looking to pump more money into defense and security projects.

A preliminary spending plan shows Trump hopes to increase spending in those areas by $54 billion. 

That move, while sparking some criticism in Washington, could prove beneficial for companies that make money off of government contracts.

69 News spoke with Dynalene, a company in Whitehall Township, Lehigh County, that develops and manufactures industrial heat transfer fluids and coolants.

"With this funding increase budget President Trump is proposing, maybe we can see more areas where the money will be used," said Satish Mohaptara, the company's president and CEO.

According to Mohaptara, his company's work with the government has been relatively sporadic.  He believe they could see more consistent work under Trump's proposal.

"If it goes toward research development it will help companies like us we always look for new ideas and research but lack funding," Mohaptara said. "We would like to see more opportunities with the government that we can supply our products to the government."

Dynalene has provided the government with coolants for new aircraft and engine tests.  Their products ensures the equipment won't overheat.

With additional funds in defense spending, Dynalene believes there may be a new demand for coolants for weapon use.

"As the military builds more laser weapons, and we are supplier of the coolant, then we could be supplying a large amount of coolant to the military," Mohaptara said.

President Trump has not released a spending plan in its entirety, but so far, it appears he wants to fund defense and security operations by cutting funds from almost all other federal agencies.

U.S. Rep. Charlie Dent, a Republican who represents parts of Berks County and the Lehigh Valley, questioned the president's proposal.

"I don't believe it's realistic to pay for an increase in defense spending simply slashing non defense domestic discretionary spending," Dent said. "I think that's something we're going to have a very serious conversation about."

Once President Trump releases his entire spending plan it will need to be approved by Congress.


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