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U.S. Navy Awards Electric Boat $76.6 Billion Contract for Submarine Construction

U.S. Navy Awards Electric Boat $76.6 Billion Contract for Submarine Construction

The U.S. Navy has awarded a $76.6 billion contract to Electric Boat, a division of General Dynamics, for the construction of new submarines. This contract is considered the largest naval shipbuilding award in modern American history. It includes $42 billion for nine Virginia class attack submarines, $29.5 billion for five Columbia class ballistic missile submarines, and $5 billion for shipyard improvements. U.S. Rep. Joe Courtney, a Democrat from eastern Connecticut and ranking member of the House Armed Services Committee’s Seapower Subcommittee, praised the contract as a significant boost to the submarine industrial base. The contract aims to replace the Navy’s aging fleet and counter China's naval expansion. Electric Boat is expected to build additional Virginia class submarines for Australia under the AUKUS security agreement.
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Governor Lamont Announces $16.8 Million in Grants for Bridge Reconstruction in Connecticut

Governor Lamont Announces $16.8 Million in Grants for Bridge Reconstruction in Connecticut

Governor Ned Lamont, alongside Connecticut Transportation Commissioner Garrett Eucalitto, announced the allocation of $16.8 million in state grants to support the reconstruction of 13 bridges on locally owned roads across 11 towns and cities in Connecticut. This funding is part of the State Local Bridge Program, which provides municipalities with 50% of the project costs for bridge reconstruction. The program, established in 1984, aims to assist towns and cities in maintaining their infrastructure, ensuring safe and reliable travel for residents.
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General Dynamics tops results estimates on aerospace and marine strength

General Dynamics tops results estimates on aerospace and marine strength

July 29 (Reuters) - General Dynamics on Wednesday beat Wall Street estimates for second-quarter profit and revenue, driven by strength in its aerospace and marine segments.
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General Dynamics lifts outlook on Gulfstream, shipbuilding strength

General Dynamics lifts outlook on Gulfstream, shipbuilding strength

By Aatreyee Dasgupta July 29 (Reuters) - General Dynamics on Wednesday raised its full-year profit forecast after reporting better-than-expected second-quarter results, as strength in its Gulfstream business jet and shipbuilding operations boosted earnings and revenue.
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Governor Lamont Maintains Lead Over Elliott in Connecticut Democratic Primary

Governor Lamont Maintains Lead Over Elliott in Connecticut Democratic Primary

A recent Impact CT poll shows Governor Ned Lamont leading his challenger, Josh Elliott, by 21 percentage points in the Connecticut Democratic primary race. Despite Lamont's lead, his support has decreased from previous polls, with Elliott gaining traction following a public financing grant. Elliott's campaign, focusing on higher taxes for the wealthy and criticizing Lamont's policies, has resonated with some voters. The primary is scheduled for August 11, with early voting beginning soon. The poll indicates a significant portion of voters remain undecided, presenting a potential opportunity for Elliott to close the gap.
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L3Harris Technologies Restructures Business Portfolio Amid Strategic Investments

L3Harris Technologies Restructures Business Portfolio Amid Strategic Investments

L3Harris Technologies Restructures Business Portfolio Amid Strategic Investments
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Crane Co. Reports Strong Q2 Performance with Aerospace Division Growth

Crane Co. Reports Strong Q2 Performance with Aerospace Division Growth

Crane Co. Reports Strong Q2 Performance with Aerospace Division Growth
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USS Nimitz Prepares for Deactivation Amid Global Naval Tensions

USS Nimitz Prepares for Deactivation Amid Global Naval Tensions

The USS Nimitz, America's first nuclear supercarrier, is set to be deactivated in March 2027 after over fifty years of service. This move comes as the U.S. Navy transitions to newer Ford-class carriers. The USS Nimitz has been a cornerstone of American naval power, capable of operating more than 60 aircraft and remaining at sea for extended periods without refueling. Its deactivation occurs during a time of heightened global naval operations, underscoring the challenges the U.S. Navy faces in maintaining a global carrier presence.
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Connecticut Prepares for 2026 Primary Elections with Key Contests

Connecticut Prepares for 2026 Primary Elections with Key Contests

Connecticut is gearing up for its 2026 primary elections, with significant races in both Democratic and Republican parties. Key contests include the Democratic primary for governor, where incumbent Ned Lamont faces a challenge from state Rep. Josh Elliott. Additionally, there are competitive races in several congressional districts and state legislative seats. The primaries will determine the candidates for the general election in November, with voters heading to the polls on August 11.
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Leonardo DRS to Acquire Raft, Enhancing AI and Data Fusion Capabilities

Leonardo DRS to Acquire Raft, Enhancing AI and Data Fusion Capabilities

Leonardo DRS to Acquire Raft, Enhancing AI and Data Fusion Capabilities
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Paramount's Warner merger deal faces serious new problem

Paramount's Warner merger deal faces serious new problem

Paramount Skydance had been pushing to close its $110 billion acquisition of Warner Bros. Discovery by the end of September. It picked the wrong month to be optimistic. A coalition of 12 state attorneys general sued to block the deal on July 13, a federal judge issued a temporary restraining order ...
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Lindsey Graham eulogized as an 'American original' at services drawing world leaders in Washington

Lindsey Graham eulogized as an 'American original' at services drawing world leaders in Washington

Sen. Lindsey Graham is being eulogized in Washington