CT Sen. Richard Blumenthal is pushing a bill to ensure the Coast Guard gets the same protections as other military branches amid a shutdown.
defense contractors
Posted inPolitics
GOP stimulus bill has billions for CT defense contractors in what Dems call a ‘slush fund’
General Dynamics, Lockheed Martin and Raytheon Technologies said they would lay off workers if they did not get the money.
Posted inMoney
Connecticut lags in federal payments to state treasury
Connecticut remains a “donor” state to the federal government because it pays more to Washington D.C. than it gets back.
Posted inMoney, Politics
Congress turns its sights on budget mess that has special impact in CT
WASHINGTON — Consumed by its effort to pass a federal tax overhaul this week, Congress has failed to pass a budget that would keep the federal government operating past midnight on Friday. Attempts to find a solution to this problem will have their impact in Connecticut, determining how long the state can continue a health program for children and how long its defense contractors can hire new workers.
Posted inNews
Once a Sikorsky-flying Marine, he now pilots the company
WASHINGTON – Dan Schultz doesn’t like to talk about it, but he flew a harrowing rescue mission to Mogadishu, Somalia, in 1991 in a Sikorsky Super Stallion chopper. Now at the company’s helm, he says he plans no big, immediate changes at Sikorsky.
Posted inNews
With China’s OK, Lockheed Martin to close on Sikorsky purchase
WASHINGTON – Lockheed Martin said on Tuesday that it has received a final regulatory approval from China, allowing it to close on its $9 billion acquisition of Sikorsky Aircraft from United Technologies. Lockheed Martin said it anticipated closing on Friday.
Posted inPolitics
Analysts: Lockheed Martin purchase fortunate break for Sikorsky, Connecticut
WASHINGTON — Some may lose jobs and a few Connecticut companies may lose contracts, but Lockheed Martin’s purchase of Sikorsky Aircraft is likely to anchor the helicopter maker in Stratford and increase it’s share of Pentagon contracts and the overseas market, analyst say.