Defense Industry
34 results total, viewing 21 - 30
Textron Inc. – parent company of Bell Helicopter, Cessna Aircraft Co. and Textron Systems – reported fourth-quarter net income of $167 million, or 59 cents per diluted share, a 12.8 percent increase from $148 million, or 51 cents per diluted share, in the fourth quarter of 2012. 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
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
The Naval Undersea Warfare Center spent $602 million of its total $874 million operating budget for 2013 on payroll, contracts with local companies, and construction and support for the command and research facility in Newport. more
Government spending cuts last year contributed to the fourth straight annual decline in federal contracting, the longest stretch since Ronald Reagan was president, statistics show. more
General Dynamics Corp. has been awarded one of three initial contracts in a $12.1 billion U.S. Coast Guard ship program, with competitor Huntington Ingalls Industries Inc. shut out. more
Thomas A. Kennedy will be the new CEO of Raytheon Co., the world’s largest missile maker, beginning March 31. more
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
The Pentagon’s proposed $495.6 billion budget for the coming fiscal year would provide $154 billion for weapons purchases and research, $25 billion less than projected a year ago, according to the Defense Department. more
U.S. Sen. Jack Reed and U.S. Rep. David N. Cicilline will join the Naval Undersea Warfare Center on April 7 to dedicate a new $24.3 million electromagnetic sensor facility built to accommodate submarine servicing, prototyping and production support. more
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