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RTX Corp. posts $984M loss in Q3

WALTHAM, Mass. – RTX Corp. on Tuesday reported a third-quarter loss of $984 million, a 171% decrease year over year.  On a per-share basis the...

Raytheon reports $1.43B profit in Q1

WALTHAM, Mass. – Raytheon Technologies Corp. on Tuesday reported first-quarter profit of $1.43 billion, a 29% increase year over year.  On a per-share basis, the...
RAYTHEON TECHNOLOGIES CORP. on Tuesday reported fourth-quarter profit of $1.42 billion and and announced its plan to realign its business units into three segments.

Raytheon reports $5.2B profit in 2022, announces realignment of businesses

ARLINGTON, Va. – Raytheon Technologies Corp. on Tuesday reported a year-end profit of $5.2 billion in 2022, or $3.50 per share, and announced its...

401 Tech Bridge names 26 startups to 2022 Blue Tech Cohort

PORTSMOUTH – Twenty-six maritime startups will take part in 401 Tech Bridge’s upcoming Blue Tech Spring Cohort, the economic development service announced on Tuesday. The...
PRECISION MEASUREMENTS: Jade Manufacturing Co. Vice President Chris Burch, left, and Quality Manager Ronald Olf with the company’s Spectrum coordinate measuring machine, which uses computer-controlled probes to verify three-dimensional measurements.
PBN PHOTO/MICHAEL SALERNO

BUILDING BLOCKS: Jade components play crucial role in defense, aerospace tech

Don Boyle picks up a palm-sized model of the Apollo 11 lunar lander from Jade Manufacturing Co.’s conference table and smiles as he looks...
RAYTHEON TECHNOLOGIES CORP. on Tuesday reported fourth-quarter profit of $1.42 billion and and announced its plan to realign its business units into three segments.

Raytheon Technologies reports $1.3B Q2 profit

WALTHAM, Mass. – Raytheon Technologies Corp. on July 26 reported second-quarter profit of $1.3 billion, a 25% increase year over year. On a per-share basis,...
CAREER PATHFINDER: U.S. Navy veteran Camy R. Ruck credits the Southeastern New England Defense Industry Alliance with assisting her in finding the type of job she wanted in civilian life. 
PBN PHOTO/DAVID HANSEN

Vets’ transition to civilian jobs aided by R.I.-based alliance

Camy R. Ruck’s experience in the U.S. Navy from 2012 to 2018 equipped her with skills to be an information system technician overseeing computer...
LIFTOFF: Jaia Robotics LLC owner Ian Estaphan Owen launches one of his company’s aquatic robots in Narragansett Bay. Newport-based Jaia could be a benefactor if the University of Rhode Island Research Foundation’s proposal to boost the blue economy is named a winner in the $1 billion Build Back Better Regional Challenge. / PBN PHOTO/RUPERT WHITELEY

EYES ON THE PRIZE: 2 key R.I. sectors could get $100M...

Ian Estaphan Owen launched a marine robotics company less than two years ago with the aim of helping combat the effects of climate change. But...

Raytheon reports $3.86B profit for 2021

WALTHAM, Mass. (AP) – Raytheon Technologies Corp. on Tuesday reported fourth-quarter earnings of $686 million. On a per-share basis, the Waltham-based company said it had...
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