Raytheon is expanding its Portsmouth facility, with Rhode Island offering tax credits for the expansion, which involves Ace Endico Corporation and promises 150 new jobs.
1 report, 1 independent
Updated Jul 2
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What happened
Raytheon is expanding its Portsmouth facility, with Rhode Island offering tax credits for the expansion, which involves Ace Endico Corporation and promises 150 new jobs.
Who's involved
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The entities involved
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Rhode Island
state of the United States of America
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Raytheon
defunct American industrial corporation (1922–2020)
- Amid the Iran war depleting stockpiles, defense companies like Raytheon and Pratt & Whitney are ramping up production of critical systems like F-35 engines and missile systems for the defense business.
- Raytheon was awarded a contract for a smart bomb, while Harvard provided a chemical solution for warfare amid massive defense acquisitions.
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Portsmouth
independent city in Virginia, United States
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