Defense Industry
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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
EB lands $100M contract modification from Navy for submarine work
General Dynamics Electric Boat landed a $100.4 million contract modification from the U.S. Navy to provide lead-yard services for Virginia-class nuclear-powered attack submarines. more
| 10/3/12
Orders for U.S. capital goods signal business spending slowdown
A gain in demand for capital goods such as equipment and machinery in August failed to make up for declines in the previous two months, showing slowdowns in business investment and exports threaten to further restrain the U.S. economy more
Textron’s Bell Helicopter makes ‘safest companies’ list
Bell Helicopter, the Fort Worth, Texas-based subsidiary of Textron Inc., was named one of America’s safest companies by EHS Today, a magazine for environment, health and safety leaders, Textron announced Friday. more
| 9/14/12
Cuts in defense, Medicare could mean fewer jobs for R.I.
Rhode Island could lose up to $82 million and more than 3,000 jobs due to sequestration in defense and Medicare spending, respectively, according to reports released by the Center for Security Policy and the Hospital Association of Rhode Island. more
Sea Corp. lands $86M Navy contract
Systems Engineering Associates Corporation – Sea Corp. – has been awarded a three-year, $86 million contract to support the electromagnetic department of Newport’s Naval Undersea Warfare Center. more
| 9/10/12
Sea Corp. awarded $1M SBIR grant
Systems and engineering services supplier Sea Corp was awarded a $1 million Phase II Advanced Development Small Business Innovative Research grant for missile launch technology advanced research, the company announced Friday. more
| 8/31/12
Textron removed from UMass’ list of top polluters
(Updated, 3:30 p.m.)Textron Inc. – the Providence-based company that includes Bell Helicopter and Cessna Aircraft – was removed from the 4th Toxic 100 Air Polluters list released by the Political Economy Research Institute at the University of Massachusetts Amherst. more
Textron’s Bell Helicopter ranks first in product support
Fort Worth, Texas-based Bell Helicopter, a subsidiary of Textron Inc., was ranked number one in product support by Aviation International News’ 2012 Product Support Survey, Textron announced Friday. more
Sea Corp lands $29M NUWC contract
Systems and engineering services supplier Sea Corp was awarded a $29 million contract to provide laboratory support services, fabrication, repair, installation and maintenance services to the Naval Undersea Warfare Center in Newport. more
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