Wisconsin Wins

EDA Announces $504 Million in Funding to 12 Designated Tech Hubs Across America

July 2, 2024. Today, the U.S. Economic Development Administration (EDA) announced approximately $504 million in implementation grants to 12 Tech Hubs Designees to scale up the production and delivery of critical technologies, strengthen U.S. economic competitiveness and national security, and accelerate the growth of industries of the future in regions across the United States.

Navy Awards $1B Contract for 5th, 6th Constellation-class Frigates

May 23, 2024 Marinette, WI. The Navy on Thursday announced a $1 billion contract award to Fincantieri Marinette Marine for the next two Constellation-class frigates. The award is for FFG-66 and FFG-67, the fifth and sixth frigates in the program, according to a Pentagon contract announcement. Fincantieri is slated to finish the work in April 2030.

May 13, 2024 Janesville, WI. AMTEC Corp., Janesville, Wisconsin, was awarded an $818,933,454 firm-fixed-price contract for training cartridges. Bids were solicited via the internet with two received. Work locations and funding will be determined with each order, with an estimated completion date of May 12, 2029. Army Contracting Command, Newark, New Jersey, is the contracting activity (W15QKN-24-D-0022).

Work begins on USS Constellation frigate in Marinette

Apr 12, 2024 Marinette, WI. A new type of Navy ship is being built at Fincantieri Marinette Marine. The company hosted a keel-laying ceremony Friday for ship FFG 52, the future USS Constellation. The future USS Constellation frigate is the first in its class to be built at Fincantieri Marinette Marine. Chief Executive Officer Mark Vandroff says design aspects for the vessel should be completed in a few months.