Defense Industry
55 results total, viewing 31 - 40
The U.S. Navy has awarded $35.8 million through two ongoing contracts with General Dynamics Electric Boat to perform advanced submarine research and develop modules for the Ohio-class replacement submarine at its facility in Quonset. more
South Korea’s military is buying one of the top anti-armor weapons developed by the Pentagon, a Textron Inc. system designed to destroy tanks and vehicles. more
Textron Inc. – parent company of Bell Helicopter, Cessna Aircraft Co. and Textron Systems – reported that its net income climbed 27.4 percent in the second quarter to $144 million, or 51 cents per diluted share, compared with $113 million, or 40 cents per diluted share, for the same period last year. more
The Governor’s Workforce Board has awarded a total of $1.1 million in Industry Partnership grants to eight groups with proposals aimed at addressing the skills gap in Rhode Island. more
Raytheon Co., the world’s largest missile maker, reported a 6.3 percent decline in first-quarter sales, reflecting a slowdown in the federal marketplace. The shares fell the most since November 2012. more
The U.S. Navy has awarded a $17.6 billion contract to General Dynamics Corp. and Newport News Shipbuilding for the next block of 10 Virginia-class submarines to be built beginning in fiscal year 2014 and continuing on to fiscal 2018. more
Bell Helicopter, a subsidiary of Providence-based manufacturer Textron Inc., will lay off 325 workers due to the continued decline in defense contracts, the Fort Worth Star-Telegram reported Monday. more
Rhode Island gained 1,045 manufacturing jobs between December 2012 and December 2013, the first time in 13 years that the state posted an increase in manufacturing employment, according to a report released Monday by the Rhode Island Manufacturers Register. more
When the U.S. Air Force puts out an expected request for proposals next year for the next generation of jet trainers, Providence-based Textron Inc. hopes to join what is sure to be a crowded field. If it is in the mix, the new Textron AirLand Scorpion jet will be the reason why. more
The U.S. Naval Sea Systems Command has awarded $41.6 million to Raytheon Co. to continue providing systems engineering support for the Ship Self-Defense System MK 2 anti-air defense hardware designed for installation aboard the Navy’s amphibious assault ships. more
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