Colt gets $14 million U.S. Army rifle contract

West Hartford-based Colt Defense won a $13.9 million firm-fixed-price U.S. Army contract, the Pentagon announced Monday evening. Colt beat out five other gunmakers for the deal, providing the Connecticut company with a key contract going forward during a time when gunmakers are facing calls to limit the production of civilian versions of these types of […] [Read More]
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2012 Holiday hiring highest in six years

This explains why the State’s unemployment assistance phone system has been overwhelmed during the last week. According to hiring consultant firm Challenger Gray and Christmas, retailers added728,300 staff nationally, between October and New Year’s Day, the biggest total since 2006, when retailers added 746,900. Connecticut retailers appear to have participated in the increase in hiring […] [Read More]