L3Harris opens $6M maritime facility in Rhode Island By Investing.com
L3Harris Technologies has invested $6 million to open a new 50,000-square-foot maritime production facility at ProvPort in Providence, Rhode Island. This facility will specialize in designing, producing, and delivering undersea training systems for the U.S. Navy and allied forces, creating new jobs through local partnerships. The company, which has operated in Rhode Island since 1991, aims to meet the increasing demand for undersea training and strengthen the region's position in undersea warfare technology.
Why it matters
Attributed market update with source link for portfolio context.