CT’s submarine and aerospace companies and suppliers could see major investments in workforce and supply chain development.
Two cabinet secretaries with New England roots promoted the president’s jobs plan on a tour of General Dynamics Electric Boat.
Connecticut employers think deferring payroll taxes is too complex, and somewhat risky.
General Dynamics, Lockheed Martin and Raytheon Technologies said they would lay off workers if they did not get the money.
The massive bill would also strip Confederate names from military bases and end transfers of military equipment to local police.
Without clear guidance from the Pentagon, CT’s defense contractors adopt their own coronavirus-fighting policies.
President Donald Trump’s proposed cuts to social and health programs are dead on arrival, but his plans to cut a submarine built by Electric Boat is very real.
Connecticut is betting on the state’s manufacturing legacy, but so far employment growth in that sector is lagging behind the national average.
The contract, in negotiation for over a year, calls for the building of nine Virginia-class submarines, with a possible tenth if Congress provides the money.
Navy Secretary Richard Spencer was at odds with President Trump over the case of a Navy SEAL who posed with the corpse of a prisoner.
Electric Boat wanted the Navy to include 10 subs, and possibly 11, in the so-called “Block 5” contract. But the Navy agreed to only nine.
There continue to be concerns about EB’s ability to build the new Columbia-class submarine alongside its smaller Virginia-class attack subs.
WASHINGTON — Rep. Joe Courtney on Wednesday threw a big wrench into President Donald Trump’s plans to paint the iconic Air Force One jets red, white and blue.
The Pentagon has also asked for $72.3 million for a major upgrade at the Naval Submarine Base in New London.
The decision to boost submarine production, mentioned in a White House budget summary, was welcomed by supporters of the Virginia-class program, but somewhat of a surprise.