Submarines are big business in CT. As manufacturing rises, federal money will flow to find, train workers

As much as $750 million is to be allocated in 2023 to the submarine industrial base, particularly workforce training by community colleges, Electric Boat, regional workforce boards and other agencies, he said. Electric Boat said in January it plans to hire more than 3,000 workers this year. Over the past five years, 352 submarine suppliers in Connecticut spent or contracted to spend $1.2 billion, according to the Submarine Industrial Base Suppliers. It accounted for nearly 5% of the $25.4 billion spent or contracted in the U.S. The Submarine Industrial Base Council said that as demand for submarines continues to increase, the state of the submarine industrial base has been identified as the “key enabler of this growth.”

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