Updated March 29 at 12:29am
Defense Industry
48 results total, viewing 31 - 40
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
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
On the 2014 Fortune 500 list of the largest U.S. corporations, released last week, CVS Caremark Corp. inched upward to No. 12 from No. 13 on the 2013 list. Also making the Fortune 500 again were Textron Inc. (No. 228) and United Natural Foods Inc. (No. 427). more
Mentors often act as sounding boards offering advice and direction with the expectation of getting very little in return. more
South Korea’s military is buying one of the top anti-armor weapons developed by the Pentagon, a Textron Inc. system designed to destroy tanks and vehicles. more
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
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
Bell Helicopter, a subsidiary of Providence-based manufacturer Textron Inc., will lay off 325 workers due to the continued decline in defense contracts, the Fort Worth Star-Telegram reported Monday. more
Textron Inc. – parent company of Bell Helicopter, Cessna Aircraft Co. and Textron Systems – reported that its net income dropped 28.6 percent in the first quarter to $85 million, or 30 cents per diluted share, due in part to restructuring costs incurred by the manufacturer’s acquisition in March of Beech Holdings LLC. 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
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