Electric Boat CT Aid Deal To Bring New Work, Waterfront Investment
20 Jun 2018
Electric Boat said it’s poised for a major upgrade of its facility in Groton Connecticut. The company is planning to spend $850 million and hire another 2,000 workers. Connecticut officials have pledged to provide $80 million in economic development aid.
Congressman Joe Courtney calls it an important moment for the state and the region.
"In terms of just making sure that we're going to create a future for young people who live here and their families, because that’s exactly the kind of work that happens at Electric Boat,” Courtney said.
Courtney said the investment will ensure the sub maker can take on more work from the Navy.
The Pentagon expects to begin commissioning new Columbia class subs, currently being designed by EB, alongside the continuing Virginia class program.