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CT manufacturers more upbeat as recession concerns subside

Connecticut manufacturers think economic conditions are better for them and for the state overall than they did a year ago, according to a survey by the Manufacturing Alliance of Connecticut.

Kaman gets $52M in orders

Bloomfield manufacturer Kaman Corp. said its aerospace segment has received two orders for $52.4 million worth of its bomb fuzes.

Sikorsky to pay $3.5M over inflated pricing

Stratford helicopter manufacturer and United Technologies subsidiary Sikorsky Aircraft Corp. will pay a $3.5 million civil fine to settle allegations that it charged the federal government inflated...

Japanese airline to power jets with Pratt turbofan engines

ANA Holdings, parent of Japanese airline All Nippon Airways Co., will purchase Pratt & Whitney PurePower engines to power 30 A320neo Airbus planes, Pratt announced.

SPX CEO Kearney's compensation dips 13 percent

SPX Corp. CEO Christopher Kearney's compensation fell 13 percent to $9.2 million in 2013, the company reported in a U.S. Securities and Exchange Commission filing.

Sikorksy breaks ground on Australian Navy facility

A joint venture of Sikorsky and Lockheed Martin broke ground this week on maintenance and warehouse facilities that will support the Royal Australian Navy’s fleet of Seahawk maritime...

GE Aviation chooses Ind. for $100M engine factory

GE Aviation, a subsidiary of Fairfield manufacturing giant General Electric, said it has selected Lafayette, Ind., as the location to build a $100 million facility for jet engine assembly.

Barnes’ Dempsey sees pay rise on CEO promotion

Patrick J. Dempsey, who was promoted to president and CEO of Barnes Group a year ago, saw his 2013 compensation more than double last year, the company disclosed in a U.S. Securities and Exchange...

Singapore airline to buy Pratt engines

East Hartford aerospace manufacturer Pratt & Whitney said Singapore airline Tigerair will buy PurePower engines to power 37 Airbus A320neo planes.

Best Places To Work In CT 2014 – Nos. 4-20, Small/Medium Company Category

#4 Fiduciary Investment AdvisorsFiduciary Investment Advisors is an investment advisory consulting firm providing consulting services to retirement plans (both...

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