The Naval Submarine Base New London in Groton, Electric Boat, Pratt & Whitney and Sikorsky would benefit from a federal spending bill.
Electric Boat
Posted inEconomic Development
CT could see major boost from nuclear submarine deal
Australia would acquire up to five Virginia-class subs built in part by Electric Boat in CT, but challenges remain to meet the demand.
Posted inEconomic Development
CT defense companies likely to get boost from federal spending bill
CT’s submarine and aerospace companies and suppliers could see major investments in workforce and supply chain development.
Posted inEconomic Development
Two cabinet secretaries tour Electric Boat to promote Biden jobs plan
Two cabinet secretaries with New England roots promoted the president’s jobs plan on a tour of General Dynamics Electric Boat.
Posted inMoney
Trump’s ‘tax holiday’ has few takers in Connecticut
Connecticut employers think deferring payroll taxes is too complex, and somewhat risky.
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 inPolitics
U.S. House approves massive defense bill with billions for CT-made weapons systems
The massive bill would also strip Confederate names from military bases and end transfers of military equipment to local police.
Posted inNews
Key to national security, Connecticut defense industry can’t shut down and braces for coronavirus
Without clear guidance from the Pentagon, CT’s defense contractors adopt their own coronavirus-fighting policies.
Posted inPolitics
Adding a sub back to 2021 budget a ‘heavy lift’ for CT lawmakers
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.
Posted inEconomic Development
Connecticut bets on manufacturing renaissance, but hurdles remain
Connecticut is betting on the state’s manufacturing legacy, but so far employment growth in that sector is lagging behind the national average.
Posted inPolitics
Navy awards $22.2 billion sub contract to Electric Boat
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.
Posted inPolitics
Courtney ‘deeply troubled’ by firing of Navy chief Spencer
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.
Posted inEconomic Development
Navy cuts number of EB Virginia-class subs in new contract
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.
Posted inEconomic Development, News
Electric Boat facing mounting challenges as sub work ramps up
There continue to be concerns about EB’s ability to build the new Columbia-class submarine alongside its smaller Virginia-class attack subs.
Posted inNews
Courtney foils Trump’s red, white, blue Air Force One plan
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.