Electric Boat

Electric Boat redevelopment, student housing project near UConn seek $8.25M in tax relief

A Connecticut Innovations committee will consider approving up to $8.25 million in sales and use tax exemptions for a major Electric Boat redevelopment project and a student housing development near UConn.

🔒As submarine maker Electric Boat grows, CT suppliers ride the wave

Electric Boat's submarine production buildup is sending ripple effects across Connecticut's manufacturing sector, prompting suppliers like Chapco Inc. and Collins & Jewell to expand facilities and add capacity to keep pace with surging demand.

🔒EB chief Rayha ramps up property purchases, hiring to meet sub production demands

Electric Boat is targeting 1,000 hires annually for next 3 years at its Groton shipyard. The company bought Waterford's Crystal Mall for $30M+ to convert into engineering and training hub as it works on Columbia-class submarines.

Defense bill will boost CT contractors, including Electric Boat

Connecticut defense contractors are poised to benefit from the yearly boosts in Congress’ defense policy bill.
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Courtney addresses budget ‘shortfall’ on Virginia-class submarines

After debate over procurement last year, the Virginia-class submarine program is on track to maintain its two-per-year...

🔒In new position, former Electric Boat exec. Bond aims to accelerate CCAT’s role in reviving CT’s manufacturing capacity

“This was a role almost a year in the making,” said Ron Angelo, president of the Connecticut...

🔒CBIA kicks off 2025 ‘Coolest Thing in Connecticut’ competition

The Connecticut Business & Industry Association (CBIA) has kicked off its second annual “Coolest Thing Made in Connecticut” competition, offering up a widely varied selection of 16 products that will challenge for the title.

Electric Boat president to retire; General Dynamics names successor

Kevin Graney, president of General Dynamics Electric Boat in Groton, will retire at the end of the...
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CT manufacturing consortium wins $1.4M defense contract for 3D design pilot

A consortium of Connecticut manufacturers and trade groups was awarded $1.4 million for a pilot program aimed at advancing 3D design in defense manufacturing.

Trump’s budget cuts funding for Virginia-class subs from two to one

President Donald Trump’s 2021 budget request cuts from two to one the number of Virginia-class submarines that would be funded in next year’s budget.
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