News & Media
Rhode Island: On the East Coast & “Open for Business”
Written by Joseph Keefe
Republished from Marine News (April 2012, pg.26-30)
Original article: www.marinelink.com
Rhode Island’s economic assets include a surprising number of prominent and lesser known maritime firms. A recent media tour hosted by the Rhode Island Economic Development Corporation (RIEDC) highlighted the Ocean State’s key role(s) in the nation’s maritime industry.
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(From pages 29-30):
Also based in Rhode Island and a part of the tour was Rite-Solutions, a firm engaged in analysis technology that spans the realm of DOD/U.S. Navy work (75% of revenues) and commercial efforts, too. Rite-Solutions’ accomplishments include participation in Navy Undersea Warfare programs, commercial entertainment contracts and child safety programs. In 2010, Rite- Solutions was awarded a $73 million Phase III SBIR contract for work on the Combat Systems of the Future. The company’s customers include the Naval Undersea Warfare Center, Naval Sea Systems Command, Office of Naval Reseach, Raytheon, and many others. Significantly, they also provide simulation software for the Massachusetts Maritime Academy’s Emergency Management degree program.
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