Capital Goods
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General Dynamics Electric Boat President Kevin J. Poitras will retire effective Nov. 4, 2013, the company announced Wednesday. more
Builders began work on fewer U.S. homes than projected in August and applications for future work declined more than forecast, underscoring the risk that higher mortgage rates pose for the real-estate rebound. more
Construction employment in Rhode Island dropped 4.4 percent in August compared with the same period in 2012, a year-over-year net loss of 700 jobs, according to an analysis of Labor Department data by the Associated General Contractors of America. more
The 43rd annual Newport International Boat Show, held Sept. 12-15, saw an 8 percent increase in paid attendance over last year’s event, with many exhibitors reporting strong sales. more
The Scorpion tactical jet, developed by Textron AirLand LLC, completed its first flight Thursday at McConnell Air Force Base, less than 24 months after the initial design phase began to develop the aircraft. more
WASHINGTON – A profitable General Motors Co. is poised to shake off a half decade of U.S. government oversight next month, underscoring the comeback of a once-moribund industry and gaining leeway … more
The U.S. will sell Israel six V-22 Osprey tilt-rotor aircraft made by Boeing Co. and Textron Inc., Defense Secretary Chuck Hagel said. more
Hasbro Inc. will pay $72.9 million in royalties to Johnson Research & Development Co., the licensor of the toymaker’s line of Nerf guns, after an arbitration hearing over the terms of a license agreement between the two companies. more
Manufacturing grew in October at a faster pace than forecast, showing U.S. factories were a source of strength for the economy at the start of the fourth quarter. more
Costa Inc., formerly A.T. Cross Co., has reached a deal to be acquired by Essilor International SA, the world’s largest manufacturer of corrective lenses, the companies announced Friday. more
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