CT’s submarine and aerospace companies and suppliers could see major investments in workforce and supply chain development.
defense industry
Posted inMoney
CT lawmakers differ on Trump tariff plan
WASHINGTON — Connecticut lawmakers had different reactions to President Donald Trump’s plan to impose new tariffs of 25 percent on steel imports and 10 percent on aluminum, ranging from praise to condemnation.
Posted inNews, Politics
CT defense industry a likely loser under Trump tariff plan
WASHINGTON — Connecticut’s defense industry would be a likely loser if President Donald Trump moves forward with his intention to raise tariffs on imported aluminum and steel. The main reason — foreign governments could retaliate by purchasing fewer U.S. made planes, helicopters and jet engines.
Posted inEducation, Health, Money, Politics
Congress faces choice of budget deal or federal shutdown
WASHINGTON — When Congress returns from its two-week recess next week it will have just days to approve a bill that would fund the federal budget and prevent a government shutdown that would affect a broad swath of Connecticut residents – from Head Start students to workers in the state’s defense industry.
Posted inPolitics
Clinton out-raises Trump in CT defense-industry campaign cash
WASHINGTON — Following a national trend, Connecticut’s defense workers and their bosses overwhelmingly gave to the campaign of Hillary Clinton while slighting that of Donald Trump. According to a Connecticut Mirror analysis, as of the end of August, the Clinton campaign raised more than $56,000 from individuals who work for the state’s defense industry, while the Trump campaign raised only $3,094.
Posted inPolitics
CT lawmakers laud Carter as prospective Pentagon chief
WASHINGTON – Connecticut lawmakers on defense panels lauded presumptive Defense Secretary nominee Ashton Carter, even as the defense industry may be wary about the candidate’s reputation as a cost cutter.