Manufacturing

🔒Simsbury-built components fly on NASA’s first crewed lunar mission in decades

Ensign-Bickford Aerospace & Defense supplied crucial systems, supporting hardware from Boeing, Lockheed and Northrop Grumman.

🔒Small business R&D tax credit proposal makes progress in CT legislature

State lawmakers have moved along a proposal to expand access to research and development tax incentives for small businesses, an effort that has failed in previous legislative sessions.

🔒CT power supply equipment company acquired by HVAC design group

A Danbury-based power supply equipment company has been bought by a New York HVAC design and implementation...

Stanley Black & Decker sells 162,443-sq.-ft. Clinton warehouse amid ongoing remediation

Stanley Black & Decker has sold a long-vacant warehouse in Clinton for $200,000, according to a deed recorded Feb. 26.
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🔒Bloomfield manufacturer Arxis, tied to Kaman Corp., targets up to $1B in IPO proceeds

Arxis Inc. said it expects to sell about 37.7 million shares priced between $25 and $28 each.

Shelton hub helps defense giant Lockheed Martin deploy AI across its global operations

The Shelton-based center, which grew out of a Sikorsky Aircraft engineering team, now deploys more than 20,000 AI agents across Lockheed's global workforce and is helping the defense giant rapidly scale up munitions production.

🔒Stanley Black & Decker completes $1.8B sale of aerospace components business

The New Britain-based toolmaker says it will use the net proceeds from the deal — approximately $1.57 billion after taxes and fees — to reduce its debt.

Gunmaker Colt receives $40.8M contract for foreign weapons sales

The M4 and M4A1 carbines will be supplied to Bosnia, Iraq, Macedonia and Tunisia.
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🔒Waterbury manufacturer sold to new private equity firm

PrecisionX Group has been sold to Windjammer Capital.

Norwalk-based Xerox names new CEO as leadership changes continue

Norwalk-based Xerox Holdings Corp. said Monday its board has appointed Louie Pastor as chief executive officer, effective immediately, replacing Steve Bandrowczak.
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