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Textron taps Lord as president, CEO of Textron Systems
Textron Inc. has named Ellen Lord as president and CEO of its Wilmington, Mass.-based Textron Systems segment, the company announced Monday. more
| 10/29/12
Gas prices drop 11 cents in R.I.
Gas prices in Rhode Island dropped another 11 cents this week, after dropping 6 cents last week, according to AAA Southern New England. more
| 10/29/12
EB lands $17.5M Navy contract modification
General Dynamics Electric Boat was awarded a $17.5 million contract modification with the U.S. Navy for submarine planning services. more
| 10/26/12
Davisville dredging project kicks off
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
| 10/26/12
Economy in U.S. expands at 2% annual rate, more than forecast
The economy in the U.S. expanded more than forecast in the third quarter, paced by a pickup in consumer spending, a rebound in government outlays and gains in residential construction. more
Raytheon boosts 2012 profit forecast citing push to cut costs
(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
R.I. exports surge 20.7% in August as U.S. exports fall
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
| 10/24/12
Pump prices drop in R.I., Mass.
Gas prices in Rhode Island dropped another 6 cents this week, after dropping 2 cents last week, according to AAA Southern New England. more
| 10/22/12
Taco expands, acquires Hydroflo Pumps
HVAC equipment and systems maker Taco Inc. has announced its purchase of Fairview, Tenn.-based Hydroflo Pumps, John Hazen White, Jr., owner of Taco, and Brian Daschner, CEO of Hydroflo announced Thursday. more
Raytheon lands $45.3M Navy contract extension
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
| 10/18/12
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