Groton - Politicians praised the Navy's decision to award Electric Boat a $14 billion contract to build the next eight Virginia-class submarines Tuesday, calling it an economic stimulus that will help Connecticut, Rhode Island, Virginia and states across the country that build submarine parts.

Electric Boat, with facilities in Groton and North Kingstown, R.I., and the Northrop Grumman Newport News shipyard in Virginia will jointly build one ship per year in 2009 and 2010, and two ships per year from 2011 through 2013 - a production increase that starts a year earlier than the Navy had originally planned.

A new $14 billion contract with General Dynamics Corp.'s Electric Boat unit and Northrop Grumman Corp. will double submarine production to two annually and save and create thousands of jobs amid the recession, officials said Tuesday.

Representatives of the U.S. Navy and the two companies, along with labor union leaders and members of Connecticut and Rhode Island's congressional delegations, hailed the contract at Electric Boat's shipyard in Groton. They called it critical to the region's economy and for national security as China and other countries build submarines..

Senators Chris Dodd (D-CT) and Joe Lieberman (ID-CT) announced today that fire departments in Farmington, Wallingford, Union, Meriden, Westport, and Woodstock have been awarded federal grants totaling more than $400,000. The funds will go to improving operations and safety at their facilities. The grants were made possible by the U.S. Department of Homeland Security’s Assistance to Firefighters Grants (AFG) program, which provides aid to first-responder programs nationwide with the aim of providing better equipment to protect the health and safety of the public, as well as that of the first-responders themselves. In fiscal year 2008, the AFG program has provided approximately $500 million in nationwide grants.

Senator Chris Dodd (D-CT), Chairman of the Senate Banking, Housing, and Urban Affairs Committee, welcomed new federal funding for Connecticut organizations that provide counseling and legal assistance to families facing the threat of foreclosure.  The grants, which were announced today by NeighborWorks America, will provide $681,230 to the Connecticut Housing Finance Authority and $202,536 to the Neighborhood Housing Services of New Haven.  Several national organizations with offices in Connecticut will also receive large grants. 

Senator Chris Dodd (D-CT), Chairman of the Senate Banking, Housing, and Urban Affairs Committee, will hear testimony from James Fleming, the president of the Connecticut Automotive Retailers Association, at the Committee’s second hearing to examine the state of America’s automobile industry on Thursday morning. 

As recent news reports show that foreclosures in Connecticut have risen 134% in the month of October, Senator Chris Dodd (D-CT), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, held an oversight hearing today on the implementation of the Emergency Economic Stabilization Act, focusing on foreclosure prevention efforts, ensuring that lenders are using the federal funds for lending, and executive compensation policies.

U.S. Sen. Chris Dodd, D-Conn., and U.S. Rep. Joe Courtney, D-2nd District, are asking Pfizer Inc.'s chief executive officer to reconsider plans to replace local contractors at its southeastern Connecticut campuses with foreign workers.

In a letter Monday to Jeffrey B. Kindler, Pfizer's chairman and chief executive officer, Dodd and Courtney said they are concerned about a companywide policy dubbed Procedure 117 that would replace local information-technology contract workers at its Groton and New London sites with workers from outside firms, including those from overseas.

Senator Chris Dodd (D-CT) and Congressman Joe Courtney (CT-2) sent the following letter today to Jeffrey B. Kindler, CEO of Pfizer Inc, expressing their concern over recent reports that suggest the company has been training foreign contractors to replace local workers at their facilities in New London and Groton.

NORWALK -- In the face of looming federal budget constraints, Sen. Chris Dodd, D-Conn., told employees of Norden Systems on Monday that $20 million has been included in the 2009 defense budget for an improved radar system to be built at the plant.

The allocation would allow continued development of the multi-platform radar technology insertion program, designed to replace air-to-ground systems on 17 Joint Stars Air Force aircraft.The new version would expand the surveillance system to air-to-air capabilities.

Senator Chris Dodd, the Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, spoke to the Chamber of Commerce of Eastern Connecticut this morning about the current state of the economy, the Hope for Homeowners program and his efforts to address the financial crisis in Washington, D.C.