Hartford Business Journal

HBJ-CT Innovators-2023

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2 8 C T I N N O V A T O R S , 2 0 2 3 COURTNEY Full Speed Ahead Murphy leads Electric Boat's 'once-in-a- generation' hiring spree >> BY NORMAN BELL e sounds of growth are sweeping across southeast Connecticut and adjacent Rhode Island. And the catalyst is Electric Boat, the submarine builder with assembly, design and maintenance facilities in Groton and New London, as well as module manufacturing facilities at Quonset Point, Rhode Island. Electric Boat — owned by publicly traded defense contractor General Dynamics, which reported $39.4 billion in revenue in 2022 — opened for business in Groton in 1899, and delivered its first submarine to the government a year later. Across the next 123 years, the company and its host communities have been riding the roller coaster that is defense contracting. But a change in strategy during the Obama years calls for construction of three nuclear submarines — two Virginia class and one of the new Columbia class ballistic missile boats — each year for the foreseeable future. e larger plan is for 70% of the country's Courtney Murphy is in charge of overseeing a massive hiring spree at submarine maker Electric Boat, which is projected to add nearly 6,000 new employees this year. PHOTOS | STEVE LASCHEVER

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