Updated April 19 at 11:25am
Defense Industry
45 results total, viewing 21 - 30
The V-22 Osprey’s deadliest accident stemmed partly from “undeniably intense” pressure to show progress for the new tilt-rotor aircraft, according to the U.S. Marine Corps commandant. more
The decommissioned USS Saratoga is on its way from Naval Station Newport to a recycling plant in Brownsville, Texas, where it will be scrapped and recycled, according to the U.S. Navy. more
KVH Industries Inc., a provider of guidance and Internet systems for the maritime and defense industries, posted a net loss of $1.1 million, or 7 cents per share, for the first quarter of 2014, reversing net income of $2 million, or 13 cents per share, reported for the same period last year. more
Banneker Industries will sponsor Rhode Island’s Defense Innovation Days 2015 event, which will be held at the Marriott Newport in December. more
Raytheon Co. recently hosted a forum for commercial suppliers to identify ways to improve efficiencies in ship system integration at shipyards around the country and world. more
Mayor Jorge O. Elorza has appointed Army Col. Michael Borg as director of the Providence Emergency Management Agency and Office of Homeland Security. more
U.S. Defense Secretary Chuck Hagel is stepping down from his post after 21 months in office amid tension with the White House over strategy and the rise of new security challenges to the country. more
Raytheon Co., the world’s largest missile maker, reported a 6.3 percent decline in first-quarter sales, reflecting a slowdown in the federal marketplace. The shares fell the most since November 2012. more
Textron Inc.’s Bell Helicopter unit received a commitment from China’s Reignwood Group to purchase 50 helicopters to meet growing demand for travel and tourism. 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
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