Electric Boat promises jobs, construction in exchange for state support
9 May 2018
Gov. Dannel P. Malloy on Tuesday announced a "historic," long-term partnership between the state and Electric Boat that involves an $83 million investment by Connecticut, with a commitment from the submarine builder to add jobs and spend hundreds of millions on capital improvements in Groton.
The partnership will "build upon our investments that we've made with other defense contractors and quite frankly be supportive of a supply chain that touches every single portion of our state," Malloy said at a news conference at Fort Trumbull with a view of Electric Boat's construction bay, where a new fleet of attack submarines is being built, in the background.
Under the agreement, EB will grow its workforce in Connecticut by 1,881 jobs, bringing its total number of employees in the state to more than 13,000 by 2034. The company has about 11,000 employees between its facilities in Groton and New London. Last year alone, the company hired nearly 2,000 employees in Connecticut.