U.S. manufacturing may be stabilizing; housing gains steam

manufacturing

A gauge of U.S. business investment spending plans rose in May, a tentative sign that the manufacturing sector was stabilizing after hitting a soft patch in recent months. But the lingering effects of lower oil prices and a strong dollar will continue to constrain factory activity for a while, economists say. Other data on Tuesday […]

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Sea Corp. awarded $30M contract to support NUWC in Newport

defense, rhode island

MIDDLETOWN – Systems Engineering Associates Corp. on Wednesday announced it has received a three-year, $30 million contract to support the Electromagnetic Department of the Naval Undersea Warfare Center in Newport. Middletown-based Sea Corp. received the award from the Naval Sea Systems Command, according to a press release. Sea Corp. is the lead contractor on the […]

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