CT’s submarine and aerospace companies and suppliers could see major investments in workforce and supply chain development.
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.
Connecticut is betting on the state’s manufacturing legacy, but so far employment growth in that sector is lagging behind the national average.
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.
UTC’s Greg Hayes is the one leaving, but he left a parting gift for the governor.
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.
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.
The Pentagon has also asked for $72.3 million for a major upgrade at the Naval Submarine Base in New London.
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.
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.
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.
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.
WASHINGTON – Congress has finished work on a final defense authorization bill that boosts military spending and provides more dollars for Connecticut defense contractors.