Posted on April 29, 2022
HARTFORD- In a show of support and commitment to keep Sikorsky and their jobs in the state and region, State Reps. David Rutigliano (R-123), Laura Devlin (R-134) and Ben McGorty (R-122) supported a bipartisan legislative agreement that the State of Connecticut and parent company Lockheed Martin negotiated to keep Sikorsky headquartered and building helicopters in Connecticut through 2042.
Under the agreement, Lockheed Martin will receive $50 million or $100 million in sales and use tax offsets and payroll tax credits depending on if the Pentagon awards one or two of the contracts for the new helicopter programs to Sikorsky.
The state incentives are tied to the company achieving wage, employment and capital investment targets. Also, the global security and aerospace conglomerate agrees to maintain Sikorsky’s corporate headquarters here through 2042.
According to the local lawmakers, Trumbull has six of the Sikorsky supply-chain companies that will benefit from the new state deal. These supply-chain companies are the small- and medium-sized businesses that employ hundreds of highly skilled local residents in Trumbull.
Rep. Rutigliano said, “This is an essential deal for our state’s economy that will secure Sikorsky and their high-skilled manufacturing jobs in Connecticut and Trumbull for many years.”
“We need to make sure Sikorsky employees and their families remain in Connecticut; they are integral to our community,” said Rep. Devlin.
Rep. McGorty said “Sikorsky is a staple of our community that continues to employ thousands of Connecticut residents. This does not just benefit Sikorsky, but also the vendors that supply their parts and the small businesses that provide their personal services. I am proud to support them and their retention in our state.”
Over 8,000 Employees in their Connecticut Facilities in Stratford, Bridgeport, Shelton, North Haven and Trumbull.