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Posted inPolitics

Lamont’s first week starts with bacon, eggs & nuclear subs

GROTON — Gov. Ned Lamont got an early start Monday on his first full week in office, attending a 7:30 a.m. briefing by Electric Boat, the submarine manufacturer that is poised to double its waterfront workforce and approach Cold War employment levels in the next decade. “I think I know what we need to do here. I know that this is a part of the state where we have the wind at our back.”

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.

Posted inNews

Bright future for sub industry, if Navy can find the money

WASHINGTON — Forced to retire aging submarines and facing an increased need for sub to fend off potential threats from China and Russia, the Navy has an ambitious, $100 billion plan that will boost work at Electric Boat. But, despite its strategic vision and detailed timeline for the new fleet of boats, the Navy doesn’t know yet how it will pay for the ambitious program.