NUWC has $1.2B impact on local economy

NUWC NEWPORT contributed nearly $1.2 billion to the region's economy in FISCAL 2017, according to facility representatives. / COURTESY NAVAL UNDERSEA WARFARE CENTER DIVISION NEWPORT
NUWC NEWPORT contributed nearly $1.2 billion to the region's economy in fiscal 2017, according to facility representatives. / COURTESY NAVAL UNDERSEA WARFARE CENTER DIVISION NEWPORT
NEWPORT – The Naval Undersea Warfare Center Division Newport reported that its local spending in fiscal 2017 was $1.2 billion, an increase over the previous year of 9.3 percent. The command employs 3,212 civilian government employees as well as 41 military personnel, accounting for a payroll expense of $343.4 million, which represents a year-over-year increase…
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1 COMMENT

  1. NUWC continues to be an economic powerhouse that is so poorly appreciated by Newport’s elected officials who live a mere three miles to the south of NUWC. Our council members are oh-so-quick to talk about the latest boat show, boat race, or conference coming to town and expected to swell city coffers with bed and drink tax revenues. Our school system rarely mentions to students the 3,200 awesome career opportunities that are now turning over because of boomer retirements. Only 6% of NUWC employees come from Newport and only 25% live on Aquidneck. A significant one-third live in MA or CT. RI cities/towns could be doing so much MORE to convince these highly-skilled, well-paid STEM professionals to live in our RI communities and contributing their talents to their livability.