Quonset Generates $5.9 Billion in Economic Revenue in 2022

Bryant Impact Report

Steven King’s most recent column in the New England Real Estate Journal highlights Quonset’s role as a leading engine of economic development in Rhode Island.

In 2022, Quonset generated $5.9 billion in economic activity (that’s 8.3% of Rhode Island’s GDP), including $1.72 billion in household income for Rhode Island families. Meanwhile, private-sector jobs here pay 10% more than the state’s average wage.

To find out more, you can read Steve’s column here.

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With support from Rhode Island Ready, Raytheon broke ground on a major expansion to its Portsmouth campus this week!

This project will support the creation of 150 new jobs and help meet the growing global demand for Raytheon's Patriot GEM-T subcomponents.

The new Terminal 5 Pier is seeing activity! The Viking Odesa recently delivered more than 1,100 GM and Chevrolet trucks and SUVs to the port. These vehicles are among the 200,000+ automobiles that arrive at Quonset each year.

ICYMI: QDC has been awarded $11.25M to support submarine shipbuilding, auto imports and other port activities at the Port of Davisville.

The federal funding will be used to upgrade port facilities that support economic growth now and in the future.

QDC is celebrating two recent promotions! Eric Ryan (right) is now the Port Terminal Superintendent, and Eric Perreault (left) is now the Senior Pier Master and Facility Security Officer.

We appreciate their dedication to world-class service for all Port of Davisville customers.

Last year, we opened the Blue Economy Support Docks to provide small businesses with in-demand access to Narragansett Bay.

As of this spring, seven of the eight docks are fully leased to support maritime and undersea product testing and R&D.

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