defense sector

Business
1:47 pm
Tue July 8, 2014

Defense Sector Represents 7.1% of RI GDP

Electric Boat plans to double its workforce by 2028 to build a new class of submarines.
Credit File / RIPR

A new report finds defense workers are being paid the highest wages in Rhode Island. The state’s Defense Economy Planning Commission released the report, which focused on the industry’s economic impact last year.

It finds there are 16,000 defense workers in the state. Commission co-chair Senator Louis DiPalma said those jobs support other jobs.  “The 1.5 multiplier. So for every one job, there’s 1.5 additional jobs that can be multiplied by that. That’s a big deal,” said DiPalma.

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