Updated September 30 at 1:30pm
Defense Industry
54 results total, viewing 31 - 40
WARWICK – General Dynamics Electric Boat expects to greatly expand its workforce in the next several years, including at its Quonset Point facilities, to accommodate production of a new class of … more
MIDDLETOWN – Systems Engineering Associates Corp. is part of a team that has been awarded a $55 million Naval Sea Systems Command contract for submarine work. Through the five-year contract, SEA Corp. will work alongside Manassas, … more
Textron Inc.’s profit rose in the fourth quarter and in 2015, while revenue slipped during the same periods, the company reported on Wednesday. more
PROVIDENCE – The annual value of defense contracts awarded in the state has more than tripled since fiscal 2007, bucking a downward national trend in the value of such contracts, according to a report by the Department of Defense's Office of … more
MIDDLETOWN – Systems Engineering Associates Corporation – Sea Corp. – has received a contract to work with the Missile Defense Agency under the federal Small Business Innovative Research program. The $100,000 contract for phase I will … more
Textron Inc.’s president and CEO saw his base salary grow in 2015, but his total compensation for the year fell 8.8 percent to $12.4 million, largely because of a drop in yearly pension value and deferred earnings. more
KVH Industries Inc. reported a significant increase in profit in 2015, at $2.3 million, or 14 cents per diluted share, compared with profit of $41,000, and 0 cents per diluted share, a year ago. more
The Smaller Business Association of New England and Mass Development are introducing a “Defense Diversification Program,” which they said is an opportunity for defense-dependent businesses to diversify product lines and manufacturing processes. more
Textron Inc. reported an increase in profit, but a decline in revenue, driven primarily by lower deliveries of the V-22 aircraft in its Bell Helicopter division. more
Higher aviation, systems and industrial sales fueled increases in income and revenue in Textron Inc.’s first quarter. more
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