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Recent Posts

Analyst: Trump’s idea for F-35 would be ‘a disaster for the U.S.’

WASHINGTON — While President-elect Donald Trump is unhappy about the cost of Lockheed Martin’s F-35, replacing it with a cheaper jet would face serious problems, defense analysts and Connecticut’s lawmakers say. Loren Thompson, a defense analyst with the Lexington Institute, called Trump’s idea “a disaster for the United States” that would hurt the nation’s military strength. Continue Reading →

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CT defense industry hopes to boost sales at Groton aerospace summit

It may not be as big as the Paris Air Show, but some the same companies that attend that event, including Airbus and Northrup Grumman, will gather in Groton on Monday to pursue the same goals they seek every year in France — more sales and the information needed to make good business decisions. Continue Reading →

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Pratt & Whitney could be big winner – or loser – in new bomber contract

WASHINGTON — Pratt & Whitney could be a big winner, or a big loser, in the Pentagon’s decision to award a multi-billion contract to Northrop Grumman to manufacture the nation’s next generation U.S. warplane , the Long-Range Strike Bomber. The Air Force says the identity of subcontractors on the plane must be kept secret for national security reasons. Continue Reading →

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CT businesses pushing back on shutdown of Ex-Im Bank

WASHINGTON — The Tea Party, aided by other conservative Republicans and the billionaire Koch brothers, celebrated a big victory last week when Congress failed to reauthorize the charter of a bank that helps U.S. businesses, including Connecticut-based General Electric and United Technologies, make sales overseas. Continue Reading →

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Connecticut mayors enter the fray over Export-Import Bank

Washington – Several Connecticut mayors have joined their counterparts in dozens of cities across the nation in writing to congressional leaders, urging them to reauthorize the Export-Import Bank, a government agency that makes it easier for American companies to make overseas sales. Continue Reading →

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