KVH Industries Inc.’s profit rose 71.9 percent during the fourth quarter of 2012 and 316 percent for the year as a whole, the company reported Tuesday. more

University of Massachusetts Dartmouth Professor John Buck has received a $743,000 research grant from the U.S. Office of Naval Research to help improve sensor arrays for sonar systems. more

The economic impact of the Naval Undersea Warfare Center Division Newport exceeded $935 million during 2012, according to NUWC officials. more

General Dynamics Electric Boat was awarded three contracts totaling $4.6 billion from the U.S. Navy to design and develop the next-generation strategic-deterrent submarine, and to continue the construction of Virginia-class attack submarines. more

Defense contractors led by Lockheed Martin Corp., General Dynamics Corp. and Raytheon Co. gained a reprieve from U.S. spending cuts that may prove short-lived. more

Picerne Military Housing, a division of the Corvias Group, has closed a $72 million public-private partnership deal with the U.S. Army to build on-post barracks. more

Donald McCormack, technical director at the Naval Undersea Warfare Center, has been awarded the University of Massachusetts Dartmouth’s 2012 Alumni Association Achievement Award. more

KVH Industries Inc.’s profit surged 190 percent during the third quarter of 2012, rising to $1.7 million, or 12 cents per diluted share, from the $600,000, or 4 cents per diluted share, reported during the same period in 2011. more

Textron Inc. has named Ellen Lord as president and CEO of its Wilmington, Mass.-based Textron Systems segment, the company announced Monday. more

General Dynamics Electric Boat was awarded a $17.5 million contract modification with the U.S. Navy for submarine planning services. more