The president’s 2024 budget request would opt to modernize the engine for the F-35 fighter jet instead of looking for a replacement.
Pratt & Whitney
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 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 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
Feds likely to approve of Raytheon, UTC deal
Although it would boost defense industry consolidation, there is little overlap between Raytheon and UTC that would pose anti-trust issues for the federal government.
Posted inMoney
On way out, UTC cushions the fallout for Lamont
UTC’s Greg Hayes is the one leaving, but he left a parting gift for the governor.
Posted inNews, Politics
UTC-Raytheon merger may hit bumps on way to completion
President Donald Trump and Sen. Richard Blumenthal were among those who voiced concerns on Monday that the merger would hurt competitiveness in the defense industry.
Posted inMoney
Conn. companies brace for new fallout from U.S.-China trade war
Even before the latest escalation, the impact of the trade war had been felt in Connecticut. On Monday, state companies were trying to assess the impact of the latest trade battle.
Posted inNews, Politics
Pentagon says boost in EB subs, Sikorsky helicopters needed to maintain readiness
The Pentagon has also asked for $72.3 million for a major upgrade at the Naval Submarine Base in New London.
Posted inNews, Politics
Murphy’s Yemen measure advances as lawmakers seek tougher sanctions on Saudi Arabia
WASHINGTON – Sen. Chris Murphy inched closer to victory Wednesday in his longstanding campaign to end U.S. military support for the Saudi-led war in Yemen as the Senate took a historic vote to begin debate on a measure that would end that relationship. Other lawmakers want to go further and end arms sales to the kingdom as punishment for the murder of journalist Jamal Khashoggi.
Posted inNews, Politics
Saudi role in journalist’s alleged murder threatens CT defense contracts
WASHINGTON – Sikorsky and other U.S. defense contractors are in a tough spot because of the alleged murder of journalist Jamal Khashoggi, who disappeared in the Saudi consulate in Istanbul 17 days ago.
Posted inMoney
‘Donor state’ Conn. gets more than its fair share of federal contracting dollars
WASHINGTON– Connecticut pays more in taxes than it gets back in federal dollars, but when it comes to federal contracting dollars, the state receives more money than most and this could be a banner year.
Posted inPolitics
Whistleblower accuses Pratt & Whitney of selling government defective jet engines
WASHINGTON – A whistleblower says Pratt & Whitney and its parent company, United Technologies Corp., sold the Pentagon tens of millions of dollars in defective fighter jet engines, unnecessarily exposing military pilots to the risk of catastrophic engine failures.