Defense Industry
30 results total, viewing 21 - 30
Raytheon Co., the world’s largest missile maker, said second-quarter sales fell 6.8 percent as all four of its divisions reported declines. more
A $17.8 billion submarine contract, the biggest weapons deal announced by the U.S. military in more than a dozen years, kept Pentagon awards from sinking last month. more
The Pentagon paid Textron Inc.’s Bell Helicopter unit $8,123.50 each for gears that should have cost $445.06, according to a report by the Defense Department’s inspector general. more
General Dynamics Corp., the Pentagon’s No. 3 contractor, raised its full-year profit forecast while second-quarter sales declined in a slumping defense market. more
Propel LLC President Clare King has gone from making children’s clothing to the technology behind battlefield gear such as flame-resistant camouflage for Army snipers. more
Mentors often act as sounding boards offering advice and direction with the expectation of getting very little in return. more
MIDDLETOWN – Congressional, Pentagon and defense-industry leaders will gather in Newport in September for an event focused on the future of innovation and technology in the defense arena. more
The U.S. Department of Defense’s Defense Security Service has presented 2014 James S. Cogswell Outstanding Industrial Security Achievement Awards to the Northrop Grumman Corp. facility in Middletown. more
General Dynamics Electric Boat has hired more than 720 employees so far this year at its Quonset Point facility in North Kingstown and is looking to add hundreds more in the next few months. more
Several cycles of Pentagon budget cuts and plans for a smaller U.S. military haven’t dimmed the optimism of the southern New England defense sector. Largely thanks to submarine giant General Dynamics Electric Boat, the industry has remained stable over the last several years and could even see growth ahead. But military contractors and the numerous companies linked to their supply chain are not relying solely on the political clout of the local congressional delegation to keep contracts comings. more
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