Defense Industry
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The same federal contractor that vetted Edward Snowden, who leaked information about classified U.S. spying programs, also performed a background check that let the Washington Navy Yard shooter obtain a security clearance. more
Thomas A. Kennedy will be the new CEO of Raytheon Co., the world’s largest missile maker, beginning March 31. more
The Pentagon will cut 17 of the 343 F-35 fighters it planned to buy from Lockheed Martin Corp. in fiscal 2016 through 2019 unless Congress repeals automatic budget cuts, according to a new Defense Department report. more
The U.S. Navy has awarded $35.8 million through two ongoing contracts with General Dynamics Electric Boat to perform advanced submarine research and develop modules for the Ohio-class replacement submarine at its facility in Quonset. more
The Pentagon’s proposed $495.6 billion budget for the coming fiscal year would provide $154 billion for weapons purchases and research, $25 billion less than projected a year ago, according to the Defense Department. more
Like the owls that deliver packages and carry messages in Harry Potter’s world, drones are about to become commonplace in ours: small, flying objects perfectly engineered to drop off burritos, pick up prescriptions and photograph revolutions. Within the next three years, drone-driven commerce will amount to $13.6 billion and create 70,000 new jobs, an industry trade group estimates. more
The bottom line of KVH Industries Inc. moved into the black during the first quarter of 2013 after a $1.38 million loss during the first quarter of 2012, the company reported Friday. more
The U.S. Naval War College Museum in Newport was one of six university museums in the United States to make college ranking website Best Colleges Online’s list of the “30 Most Amazing University Museums,” the publication said Wednesday. more
Officials from Lockheed Martin, the manufacturer of the F-35 Lightning II, stopped by the R.I. Department of Administration Thursday afternoon to discuss the need for the fifth-generation fighter aircraft and how its manufacture will benefit Rhode Island’s economy. more
General Dynamics Electric Boat President Kevin J. Poitras will retire effective Nov. 4, 2013, the company announced Wednesday. more
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