Connecticut lawmakers give final approval for Sikorsky agreement

Connecticut lawmakers gave final approval Wednesday for up to $75 million in tax credits to guarantee Sikorsky builds the next generation of military helicopters in Stratford if it wins the contract.

News 12 Staff

Apr 28, 2022, 2:01 AM

Updated 737 days ago

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Connecticut lawmakers give final approval for Sikorsky agreement
Connecticut lawmakers gave final approval Wednesday for up to $75 million in tax credits to guarantee Sikorsky builds the next generation of military helicopters in Stratford if it wins the contract.
The state Senate approved the package 34-1. Only Republican Sen. Rob Sampson voted no.
The state House approved the deal earlier Wednesday. It now heads to Gov. Ned Lamont.
"I can't overstate the significance of what this means for Connecticut workers, not only for those who work directly for Sikorsky, but also for the people who are employed by the 242 suppliers located all throughout our state that contract and do business with this worldwide leading aerospace company," Lamont said. "This agreement will maintain and encourage the growth of thousands of high-tech, good-paying jobs in Connecticut for at least the next two decades. Today's overwhelming, bipartisan vote to ratify this agreement shows just how much this state values our partnership with Sikorsky. I thank all of the legislators who voted to approve it and I look forward to signing it into law."
The state could get $670 million back off the deal over 20 years and would sustain around 7,000 jobs.


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