Defense Industry

Manufacturing
May 18

By Lindsay Lorenz
PBN Researcher

R.I. has stake in F-35 Lightning program

Elected officials and others representing the region’s defense industry recently crowded around the cockpit of Lockheed Martin’s F-35 Lightning II, waiting their turns to hop in the pilot’s seat, taxi the fighter jet down the runway and launch into the skies on a government mission – all without leaving the confines of the R.I. Department of Administration building, that is.
Defense Industry
May 9

F-35 program to benefit R.I. economy, say Lockheed officials

Officials from Lockheed Martin, the manufacturer of the F-35 Lightning II, stopped by the R.I. Department of Administration Thursday afternoon to discuss the need for the fifth-generation fighter aircraft and how its manufacture will benefit Rhode Island’s economy.

Tourism
May 8

War College Museum earns spot on ‘Most Amazing University Museums’ list

The U.S. Naval War College Museum in Newport was one of six university museums in the United States to make college ranking website Best Colleges Online’s list of the “30 Most Amazing University Museums,” the publication said Wednesday.
Technology
May 3

KVH profits move into black in 1Q

The bottom line of KVH Industries Inc. moved into the black during the first quarter of 2013 after a $1.38 million loss during the first quarter of 2012, the company reported Friday.
Defense Industry
Apr 23

Electric Boat lands $20M for sub services

The U.S. Navy has awarded a $20 million contract modification to General Dynamics Electric Boat for nuclear-maintenance work for submarines.
Newsmakers
Apr 20

By Patrick Anderson
PBN Staff Writer

While others contract, EB is ramping up for growth

It’s a strange and wonderful time at Electric Boat. While most of the American defense sector contracts under federal budget cuts, the Groton, Conn.-based submarine builder is starting its largest expansion in a generation. At the company’s North Kingstown plant, Electric Boat is scaling up from 2,500 workers to potentially twice that number over the next eight years to develop the nation’s next ballistic-missile submarine. After years of cutbacks at Electric Boat, President Kevin J. Poitras is drawing on his 40 years of experience, which included the submarine arms race against the Soviet Union, to manage this new growth period.

Defense Industry
Apr 9

Navy said to seek funding increase for Virginia-class submarines

The U.S. Navy will propose increased submarine and aircraft carrier funding in its budget request for the fiscal year beginning Oct. 1, while sticking to its plan for the troubled Littoral Combat Ship, according to internal figures obtained by Bloomberg News.
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