WASHINGTON – With the help of most, but not all of the Connecticut congressional delegation, the House on Thursday approved spending billions of dollars for submarines, helicopters and jets made by the state’s defense contractors.
Pratt & Whitney
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Malloy signs aerospace investment act
Gov. Dannel P. Malloy signed a bill Friday that authorizes up to $400 million in tax breaks to United Technologies Corp. in return for the company’s investment of $500 million in four projects.
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Washington Watch, Week of April 27
A House panel will examine prescription drug and heroin abuse, and committees in both the House and Senate will be discussing issues related to the defense industry.
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CT defense giants increasingly political as Pentagon budget shrinks
WASHINGTON – Connecticut’s largest defense contractors are stepping up political donations to key lawmakers as competition increases for shrinking defense dollars.
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CT defense contractors largely spared from Pentagon cuts
Washington – Sikorsky’s plans to build new helicopters for the Air Force were kept alive as President Obama’s unveiled his new budget Tuesday. Pratt & Whitney was nicked and Electric Boat remains unscathed.
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Malloy seeks tax relief to trigger $500M expansion for UTC
United Technologies Corp. would launch a major $500 million investment in its research, training and corporate facilities later this year in exchange for $400 million in tax relief over the next two decades under a deal Gov. Dannel P. Malloy announced Wednesday.
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CT defense industry wins big in U.S. budget bill
Washington – The massive omnibus spending bill creates winners and losers – and at first blush it seems that Connecticut is chiefly in the winner’s column.