General Assembly approves Sikorsky deal

The General Assembly is on board with the deal agreed to by Lockheed Martin and Gov. Dannel Malloy that will keep Sikorsky Aircraft in Stratford for at least 16 more years.

Both the State Senate and the House of Representatives passed measures during Wednesday’s special session approving the deal reached last week between Sikorsky’s parent company and Malloy. The Senate approved the deal 35-1, while the House voted 136-6. Eight House members did not vote.

Under the plan, Sikorsky’s Main Street headquarters would be used to produce nearly 200 CH-53K King Stallion heavy lift helicopters through at least June 2032. As part of the plan, Sikorsky would have the chance to earn up to $220 million over the 16-year seal if it meets targets for employment, increased in-state supply chain spending and capital expenditures. The company would have to retain and grow a full-time employment base to more than 8,000 and nearly double its spending with suppliers throughout the state. The agreement can be extended beyond June 2032 should the underlying federal contract be lengthened, state officials said.

Malloy on Wednesday praised the votes of the General Assembly.

“Connecticut is proud of its reputation as a worldwide aerospace leader, and I want to thank the leaders of the General Assembly and all of its members who voted today in support of a nearly unanimous, bipartisan bill to reaffirm our state’s commitment to supporting high-quality, good-paying manufacturing jobs,” Malloy said. “This is a bold, forward-thinking agreement that will not only support thousands of jobs at Sikorsky’s headquarters, but also has a direct impact on hundreds of small businesses all across our state that serve as suppliers to Sikorsky and will benefit from the company’s continued growth here.

Lt. Gov. Nancy Wyman also supported the agreement.

“Today’s votes highlight Connecticut’s commitment to aerospace and defense – and the talented men and women who’ve made us a national leader in the industry.  For years, we’ve been making important investments in education, technical training, and workforce development.  We’ve prioritized economic growth and improving the business climate.  These investments have made a difference,” she said.

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