Defense, aerospace continue to be keys to state’s economy

Friday, November 30, 2018

The defense and aerospace industries may be the key to leading Connecticut out of its job-growth doldrums, according to a Fitch Ratings review of the 2019 Defense Authorization Act.

The 2019 defense budget includes several billion dollars for projects that will impact Connecticut, including $10.6 billion to purchase 77 F-35 Joint Strike Fighters. Connecticut-based Pratt & Whitney, a subsidiary of United Technologies, is part of the partnership that makes the fighters.

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