Saturday, January 16, 2021

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R.I. launching $45M ‘back to work’ program

PROVIDENCE – The state will use $45 million of its federal stimulus funds to create a workforce development initiative to provide training and coaching...
EXPERIENCED EMPLOYEES: ­Dennis McLaughlin, CEO and president of engineering and information technology company Rite-Solutions Inc. in Middletown, says employing veterans gives the company a leg up when bidding on military contracts. McLaughlin is a Navy veteran. / PBN PHOTO/KATE WHITNEY LUCEY

Vets provide upper hand for some defense firms

The veteran-owned Rite-Solutions Inc. isn’t really a small company. The Middletown-based engineering and information technology company has about 220 employees. But as a defense contractor,...
RAYTHEON and United Technologies announced plans to merge over the weekend. / BLOOMBERG NEWS FILE PHOTO/ALASTAIR MILLER

CEO-to-CEO call paved way for United Technologies/Raytheon blockbuster

NEW YORK – When Greg Hayes took the reins at United Technologies Corp. in late 2014, the newly minted CEO said he would pursue...
TECH INCUBATOR: Innovate Newport Director of Entrepreneurship and Innovation Tuni Schartner gives a tour of the former Sheffield School on Broadway in Newport, which will serve as the location of Innovate Newport. The business incubator will house small companies, startups and entrepreneurs in the fields of marine and environmental technology, cybersecurity and renewable energy.
 / PBN PHOTO/KATE WHITNEY LUCEY

Can a new business incubator keep a bigger slice of Navy...

For years, community leaders in Newport have watched as the nearby Naval ­Undersea Warfare Center has farmed out billions of dollars in contracts to...
RAYTHEON CO. REPORTED net income of $641 million in the third quarter. / BLOOMBERG NEWS FILE PHOTO/ALASTAIR MILLER

Raytheon boosts forecasts as sales rise across all businesses

NEW YORK - Raytheon Co. raised its 2018 outlook as the defense contractor said international orders and work on classified programs helped it generate higher...

Raytheon opens new Portsmouth facility

PORTSMOUTH – Raytheon Co. unveiled a new facility on its campus here in a ribbon-cutting ceremony on Aug. 27. Several local leaders were on hand...
ON THE RADAR: From left, Ronald Olf, quality manager; Chris Burch, vice president; and Donald J. Boyle, owner, look at some grounding posts at Jade Manufacturing in Warwick.
 / PBN PHOTO/MICHAEL SALERNO

Jade’s military parts can’t fail

Founded by Donald J. Boyle’s father after years in the textile and military-manufacturing industries, Jade Manufacturing has survived ups and downs in the state’s...
RAYTHEON WAS AWARDED an $83 million contract to develop, test and deploy an autonomous unmanned underwater vehicle mine neutralization system that will be primarily developed in Rhode Island. / BLOOMBERG FILE PHOTO/ALASTAIR MILLER

Raytheon wins $83M contract for underwater mine neutralization project based in...

PORTSMOUTH – Raytheon Co. was awarded an $83 million contract to design, test and deploy the Barracuda mine neutralization system, mostly at the company’s...
VIRGINIA GOV. TERRY McAuliffe, chair of the National Governors Association, touted the achievements of his yearlong initiative to strengthen state cybersecurity. Gov. Gina M. Raimondo and Massachusetts Gov. Charlie Baker are among 38 governors who signed McAuliffe's pledge. / COURTESY STATE OF VIRGINIA

Raimondo, Baker join NGA pledge to improve cybersecurity

PROVIDENCE – Gov. Gina M. Raimondo has joined Massachusetts Gov. Charlie Baker and 36 other U.S. governors in pledging to improve state cybersecurity under...
GUNTHER BUERMAN is ready to open the Newport Car Museum in Portsmouth on June 1. It will feature more than 50 automobiles. /PBN FILE PHOTO/KATE WHITNEY LUCEY

Newport Car Museum to open in June, showcase more than 50...

PORTSMOUTH – The Newport Car Museum will open its doors on June 1, showcasing a private collection of more than 50 automobiles. The museum, at...

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