Capital Goods
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Textron Inc. – parent of Bell Helicopter, Cessna Aircraft Company and Textron Systems – saw its profits increase by 6.3 percent to $151 million during the third quarter of 2012, the company reported Wednesday. more
Raytheon Co. has been awarded a $45.3 million U.S. Navy contract extension to provide hardware, test equipment and services for the MK 54 lightweight torpedo, the company announced Thursday. more
(Updated, 10:15 a.m.) Raytheon Co., one of the world’s largest missile makers, boosted its full-year profit forecast and said third-quarter profit rose less than 1 percent. more
Gas prices in Rhode Island dropped another 6 cents this week, after dropping 2 cents last week, according to AAA Southern New England. more
Exports from the Ocean State increased 20.7 percent in August after falling 14.3 percent in July on a month-to-month basis, according to an international trade statistics report from e-forecasting.com more
General Dynamics Electric Boat was awarded a $17.5 million contract modification with the U.S. Navy for submarine planning services. more
Gov. Lincoln D. Chafee and House Speaker Gordon D. Fox joined the R.I. Economic Development Corporation and the Quonset Development Corporation to kick off a dredging project at the Port of Davisville on Thursday. more
Gasoline fell on speculation that demand will decline on the East Coast as Atlantic superstorm Sandy causes widespread flooding and power outages. more
Textron Inc. has named Ellen Lord as president and CEO of its Wilmington, Mass.-based Textron Systems segment, the company announced Monday. more
Gas prices in Rhode Island dropped another 11 cents this week, after dropping 6 cents last week, according to AAA Southern New England. more
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