By PBN StaffTwitter: @ProvBusNews
Defense Innovation Days will kick off next week at the Hyatt Regency Newport.
By State Sen. Louis P. DiPalma
Naval Station Newport, home to many tenant U.S. Navy Commands, including Coast Guard Commands, Army Reserve Units, a Marine Corp and NOAA Command, forms the anchor for R.I.’s defense economy.
The Southeastern New England Defense Industry Alliance said on Wednesday that planning is underway for development of an Undersea Technology Innovation Center that will serve as a national hub.
PBN Web EditorTwitter: @loristabile
KVH Industries Inc. reported a loss of $806,000, but an increase in revenue in the second quarter that ended June 30.
Profit at Textron Inc. rose 6 percent in the second quarter, and revenue climbed 8.1 percent.
CVS Health Corp. had the best performing stock in Rhode Island over a five-year period ending March 31, according to SmartAsset.
By Richard CloughBloomberg News
Look out Caterpillar Inc., Textron Inc. and Deere & Co.: You’re showing the telltale signs that you might be targeted by activist investors.