Retour aux nouvelles

19 octobre 2020 | International, Naval

2019 was a landmark year for Connecticut’s defense industry

Julia Bergman

Military contractors in Connecticut had their most lucrative year in more than a decade in 2019, receiving $37.1 billion in defense contracts last year.

That's according to the State of Connecticut Office of Military Affairs, which has tracked contracts received by the state's defense industry since 2007 and releases an annual report on the outlook for the industry.

In reality, the value of defense contracts awarded in 2019 to Connecticut companies or companies doing business in the state was likely higher than $37.1 billion, as the report only relies on prime contracts worth $7 million or more. The previous high was in 2014, when the report recorded $27.1 billion in contracts.

The growth in 2019 was spurred by the $22.2 billion contract the U.S. Navy awarded to Electric Boat last December for the construction of nine Virginia-class attack submarines — the largest shipbuilding contract ever awarded by the Navy. The contract includes the option to purchase a 10th submarine, which would increase its value to $24.1 billion.

In addition to the record-breaking contract, Congress passed a defense budget that resulted in $30 billion for Connecticut-based defense programs this fiscal year, including the purchase of helicopters, jet engines and submarines all manufactured in the state.

Defense contractors, deemed essential businesses during the coronavirus pandemic, have continued to fare well, similar to what happend during the 2008-09 recession, said Bob Ross, executive director of the Office of Military Affairs.

At the time, Connecticut firms with both defense and commercial arms saw their commercial business lag but were kept busy by their military contracts.

"We're seeing some of that again," Ross said. "For example, commercial aviation has been struck by the (coronavirus) pandemic, but the military aviation side has kept going."

In the past three years, the growth in defense contracts has mainly been related to submarine construction at EB and jet engine manufacturing at Pratt & Whitney.

"Suppliers have been busier than ever, particularly for submarines," the report says. "Such high level of defense production will likely be the case for many years to come, as Connecticut continues to produce and maintain the world's most sophisticated nuclear submarines, state of-the-art military jet engines, and a variety of military rotary wingaircraft used worldwide."

https://www.theday.com/military-news/20201016/2019-was-landmark-year-for-connecticuts-defense-industry

Sur le même sujet

  • Damen making Progress with First two Contracts for the Combat Support Ship (CSS)

    1 avril 2020 | International, Naval

    Damen making Progress with First two Contracts for the Combat Support Ship (CSS)

    March 27, 2020 - Even during the Corona crisis, Damen is committed to remaining operational in order to continue the important projects for the Defence sector. The first two contracts for the Combat Support Ship (CSS) for the Royal Netherlands Navy were signed earlier this week, with a modified working method in accordance with the current guidelines of the Netherlands National Institute for Public Health and Environment. RH Marine, leading system integrator and innovator of bridge systems, electrical and automation systems in the maritime industry, and Heinen & Hopman, worldwide specialist in the field of heating, ventilation, air conditioning and refrigeration systems (HVAC + R systems), will immediately start engineering, while the first supplies of equipment for the CSS are expected by mid-2021. The Dutch subcontractors, our partners for all new construction projects for the Royal Netherlands Navy in recent decades, can now work together on more than 200 man-years of Dutch content. Together with Damen as main contractor and many other subcontractors participating, a large part of the Dutch naval shipbuilding sector are cooperating on this new and much needed ship. The delivery of the CSS is scheduled for the second quarter of 2024. A year later, in the second quarter of 2025, the CSS must be operational. (In the photo Mr. Hein van Ameijden, Managing Director, Damen Schelde Naval Shipbuilding) View source version on Damen: https://nlnavy.damen.com/damen-making-progress-with-first-two-contracts-for-the-combat-support-ship/

  • Intelligent Waves Awarded $43 Million VETS2 Task Order

    19 juillet 2019 | International, Autre défense

    Intelligent Waves Awarded $43 Million VETS2 Task Order

    RESTON, Va.--(BUSINESS WIRE)--Intelligent Waves LLC, a service-disabled veteran-owned small business (SDVOSB) providing end-to-end information technology solutions, announced it was awarded a $43 million task order to provide cybersecurity support to the Joint Force Headquarters – Department of Defense Information Network (JFHQ-DODIN). Under this task order, Intelligent Waves and teammates, Booz Allen Hamilton and Cinteot, will provide technical support to enhance readiness and security under the DODIN Readiness Security Inspections (DRSI) program. Tasks include inspections, evaluations, validations, and audit regimens that will ensure DCO and DCO-IDM effectiveness. The task order has a one-year base period of performance with four additional option years. “We have proudly supported the DoD with innovative IT and cybersecurity solutions since inception,” said Matt Stern, chief information security officer for Intelligent Waves. “This win is an affirmation that we understand the cyber threat landscape and the importance of protecting the DODIN.” About Intelligent Waves Founded in 2006, Intelligent Waves LLC is a service-disabled veteran-owned small business providing innovative end-to-end information technology solutions to public and private sector clients worldwide. Solving challenges in systems engineering, cloud computing, cyber and mobility, we deploy secure technologies and digital strategies to drive innovation and impact for our customers. For more information, visit www.intelligentwaves.com. https://www.businesswire.com/news/home/20190718005623/en

  • French A400M completes helicopter-refueling drills

    21 avril 2021 | International, Aérospatial

    French A400M completes helicopter-refueling drills

    France has recently completed a series of test flights to move forward with certification of the A400M’s capability to refuel helicopters during flight, day and night.

Toutes les nouvelles