Updated February 24 at 10:28am
Defense Industry
43 results total, viewing 11 - 20
KVH Industries Inc. reported profit of $2.9 million in the third quarter, or 18 cents per diluted share, reversing a loss during the 2015 third quarter of $500,000, or 3 cents per diluted share, the company said Wednesday. more
The Rhode Island Cyber Range Initiative was officially launched by Gov. Gina M. Raimondo and the R.I. Emergency Management Agency on Friday. more
The Pentagon has canceled 22 programs in advanced development after spending a combined $58.3 billion on them since 2002, according to the Defense Department’s latest assessment of its acquisition performance. more
MIKEL Inc., a woman-owned, military technology support company, won two government contracts totaling $35.7 million for work with Newport’s Naval Undersea Warfare Center, according to separate announcements by the company on Tuesday. more
Textron Inc. reported a 139.2 percent jump in profit and 2.2 percent increase in revenue in the third quarter that ended Oct. 1 compared with the same period a year ago. more
Skills for Rhode Island’s Future, a public-private partnership that aims to meet hiring needs of employers by offering customized talent sourcing solutions to place qualified long-term unemployed and underemployed candidates into available positions, was launched Wednesday. more
Systems Engineering Associates Corp., also known as SEA Corp., recently was awarded a new $15.4 million contract supporting U.S. Navy Strike Systems. more
Rite-Solutions Inc. has been awarded a $21.7 million contract with the U.S. Navy to continue its work on information technology infrastructure and cyber security for the NAVSEA Naval Undersea Warfare Center, Division Newport. more
A task order with a potential value of $6.35 million over the next five years was recently awarded by the U.S. Navy to McLaughlin Research Corp. for technical and engineering support services at the Naval Undersea Warfare Center, Newport Division. more
(Updated 11:02 a.m.) Textron Inc. plans to restructure and align its businesses through employee reductions and facility consolidations, but no changes are planned for the company’s headquarters in Providence, a spokesman said Wednesday. more
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