General Dynamics, Lockheed Martin and Raytheon Technologies said they would lay off workers if they did not get the money.
Lockheed Martin
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 inMoney, News, Politics
Navy signs new contract with Sikorsky for ‘King Stallion’ copters
Connecticut fought to keep Sikorsky — and the mighty King Stallion– in the state.
Posted inNews, Politics
F-35 lobbying war unleashed by Pentagon’s bid to buy rival fighter
While the Pentagon says it’s not a competitor to the F-35, the rebirth of the F-15 could cost jobs in Connecticut.
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CT lawmakers ask Pentagon to abandon plans to cut F-35s
WASHINGTON — While President Donald Trump’s latest budget is expected to cut the number of F-35s, it will renew the F-15 fighter jet program.
Posted inMoney, News, Politics
CT among highest states in Pentagon per-capita spending
WASHINGTON – Pentagon spending on contracts in 2015 was $2,504 for every man, woman and child in Connecticut, more per person than in any other place except Virginia and the District of Columbia, according to a recently released report by the Pew Charitable Trusts. But a key lawmaker warned Thursday that lean years are coming for the Pentagon’s budget.
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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.
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Navy moves step closer to contract with Sikorsky on King Stallion
WASHINGTON — The Navy on Tuesday moved a critical step toward awarding Sikorsky a contract on the first two huge King Stallion helicopters to be built in Connecticut. But the complete rollout of the program, which is expected to cost at least $25 billion, will be slow.
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DoD, Lockheed Martin agreement cuts price of F-35
WASHINGTON — Under pressure from President Donald Trump to cut the cost of the F-35 program, the Pentagon and Lockheed Martin announced Friday they had reached agreement to lower the cost on the 10th lot of fighter jets by $728 million.
Posted inPolitics
Lockheed Martin CEO tells Trump deal is near on F-35s
WASHINGTON — “I’m glad I had the opportunity to tell him that we are close to a deal that will bring the cost down significantly from the previous lot of aircraft to the next lot of aircraft,” CEO Marillyn Hewson told reporters at Trump Tower.
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Trump takes another shot at F-35 program
WASHINGTON — President-elect Donald Trump took another swipe at the F-35 program Wednesday during his first press conference since November’s election. “It’s way behind schedule and billions of dollars over budget,” Trump said. “I don’t like that.”
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McCain blasts DOD, Lockheed Martin for new F-35 delays
WASHINGTON — Sen. John McCain on Tuesday blasted the Pentagon and Lockheed Martin for a seven-month delay in the F-35 program that will cost the Pentagon an additional $500 million.
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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.
Posted inPolitics
Pentagon-Lockheed fight over F-35 price doesn’t extend to Pratt
WASHINGTON — The Pentagon and Lockheed Martin differed this week over the price of the a ninth batch of F-35 Joint Strike Fighters, but Pratt & Whitney, which makes the engines for those planes, has successfully negotiated contracts for that lot and the next.
Posted inPolitics
Navy praises CT-Sikorsky deal as it haggles over helicopter’s cost
WASHINGTON — The Navy lauded Connecticut’s effort to help Lockheed Martin cut the cost of the CH53K King Stallion, a new heavy-lift helicopter for the Marines, but the Navy and the company still are negotiating over the contract for the huge new helicopter.