Innovation Infographic_8.5 x 14_R4

DESTINATION INNOVATION
INNOVATION HAS A HOME IN
SOUTHEASTERN NEW ENGLAND
DEFENSE INDUSTRY IMPACT IN RHODE ISLAND*
$1.9B
in income
$105M
in Rhode Island
since 1960
$3.7B
contributed to economy
in 2013
in taxes
7%
$47M
of entire economic
activity
in state income tax
RAYTHEON IN RHODE ISLAND
Based on 2013 data.
STEM CAREERS
EDUCATION
74%
44%
50%
OF RHODE ISLAND EMPLOYEES
ARE IN ENGINEERING OR
ENGINEERING SUPPORT
COLLEGE DEGREE
EXPERTISE
MASTER’S LEVEL
OR HIGHER
LOCAL EDUCATION
24%
GRADUATED FROM
R.I.-BASED COLLEGE/
UNIVERSITY
14%
UNIVERSITY OF
RHODE ISLAND
57
110
ACTIVE PATENTS
ACTIVE INTERNATIONAL
PATENTS
ALL RESULTING FROM RAYTHEON INNOVATIONS
IN RHODE ISLAND
LOCAL IMPACT
GIVING BACK
>$29M IN CONTRACTS
>$230K CHARITABLE
CONTRIBUTIONS
109 R.I. SUPPLIERS
64% SMALL BUSINESSES
“It's important to be reminded of the significant value of the R.I. defense sector.” – Molly Magee, executive director of SENEDIA
* Report: The Economic Impact of the RI Defense Sector (June 2014) - RI Defense Economy Planning Commission
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