Tag: U.S. Navy
Textron Systems Corp. sells TSUNAMI surface vessel to support AUKUS initiative
PROVIDENCE – Textron Systems Corp. has sold a 21-foot unmanned TSUNAMI surface vessel to the Naval Information Warfare Center Pacific, Textron Inc. announced Wednesday.
The...
Vatn Systems raises $60M in Series A funding
PORTSMOUTH – Defense technology company Vatn Systems Inc. has closed a $60 million Series A funding round to advance its autonomous underwater vehicles for...
Meet the Makers: Moment of ingenuity helped Mearthane to continue rolling
In more ways than one, Cranston-based Mear-thane Products Corp. has proved to be the ultimate spinoff company over the last 60 years.
The company was...
Providence startup building AI-powered robot fleet for U.S. Navy
Paul Lwin was flying a 40-year-old EA-6B Prowler over the mountains of Afghanistan as a U.S. Navy pilot when he realized the U.S. defense...
SEACORP is doing more, and earning more
PBN 2025 FASTEST GROWING COMPANIES
2025 $50 MILLION AND ABOVE 6. SEACORP LLC
CEO (or equivalent): David Cadorette, president
2024 Revenue: $154.2 million
2022 Revenue: $107.5 million
Revenue growth:...
BlueTIDE 2025 to ‘raise the bar’
NEWPORT – Following what was deemed a successful BlueTIDE 2024, which attracted more than 400 innovators and secured substantial funding commitments, organizers of BlueTIDE...
Meet the Makers: Moment of ingenuity helped Mearthane to continue rolling
(Editor’s note: This is the 36th installment in a monthly series highlighting some of the region’s unsung manufacturers that make products essential to the...
Magaziner secures House approval for 5 key amendments in Defense Appropriations...
PROVIDENCE – U.S. Rep. Seth Magaziner, D-R.I., has secured five amendments in the $832 billion Defense Appropriations bill for fiscal year 2026, which received...
Workforce shortages are plaguing defense industries
In the shadow of Rhode Island’s prominent defense sector, General Dynamics Electric Boat and other companies are facing a persistent challenge: There aren’t enough...
Submarine designers in Conn. agree to contract with Electric Boat
GROTON, Conn. (AP) – The union for about 2,500 submarine designers at Electric Boat in Connecticut has tentatively agreed to a new contract with...
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