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Company to Move Forward with $850M Shipyard Expansion

Company to Move Forward with $850M Shipyard Expansion

by The Associated Press | Oct 24, 2018 | Commercial & Industrial, CR Daily, Industry News

Submarine builder Electric Boat is moving forward with plans for an $850 million shipyard expansion in Connecticut.

Navy Sub Returns to Port After Leak Found in Nuclear Plant

Navy Sub Returns to Port After Leak Found in Nuclear Plant

by The Associated Press | Sep 21, 2018 | Commercial & Industrial, CR Daily, Industry News

The Navy said its attack submarine USS Pittsburgh had to return to its Connecticut base recently because of what was described as a “minor” moisture leak within its nuclear propulsion plant.

Groton’s General Dynamics Awarded $5B Contract For Electric Boat

by The Commercial Record | Sep 26, 2017 | Commercial & Industrial, CR Daily, Executive Briefing, Industry News

The U.S. Navy has awarded General Dynamics Electric Boat a $5.1 billion Integrated Product and Process Development (IPPD) contract to complete the design of the lead Columbia-class submarine, a next-generation submarine.

Electric Boat Says It Can Meet Navy Goal For Adding Subs

by The Associated Press | Jan 9, 2017 | Commercial & Industrial, CR Daily, Executive Briefing, Industry News

The president of defense contractor Electric Boat has told the U.S. Navy that given time and resources, the company can “absolutely” achieve the service’s goal of ramping up the number of submarines in the fleet.

Sikorsky Reaches Settlement Over Fatal ’14 Navy Copter Crash

by The Associated Press | Dec 14, 2016 | Commercial & Industrial, CR Daily, Executive Briefing, Industry News

Connecticut-based Sikorsky Aircraft Corp. has agreed to settle wrongful death and negligence claims in a lawsuit filed over the 2014 crash of a Navy helicopter that killed three of the five crew members on a training exercise off the coast of Virginia.

Electric Boat Renews Contract For Navy’s Ohio-Class Subs

by The Commercial Record | Apr 5, 2016 | Commercial & Industrial, Executive Briefing, Industry News

Groton-based General Dynamics Electric Boat (GDEB) will remain the prime contractor for the U.S. Navy’s new fleet of nuclear deterrence submarines. The vehicles will be replacing the current fleet of Ohio-class submarines in commission since the 1980s. The...

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