Senate panel approves more than $10 billion for submarine production
17 Jun 2022
Maritime Industry
The Senate Armed Services Committee advanced an approximately $850 billion defense budget bill, which contains provisions aimed at Connecticut's defense manufacturing industry, for fiscal year 2023 on Thursday.
Parts of the proposed budget, which will now go before the full Senate, would invest in Connecticut’s submarine industry.
Democratic Sen. Richard Blumenthal of Connecticut, who is a member of the Armed Services Committee, said in a statement released Thursday that the bill will “keep our country secure and our state’s economy strong.”