The Defense Cluster is strategically important to the economy of Rhode Island. It is an innovative and high-tech sector that contributes to economic growth, generates high-paying jobs, and has been resilient despite economic downturns. Read the report here: Economic Impact of the RI Defense Cluster – August 2017 – FINAL
Highlights from the report:
7.6% RI GDP – $4.3 Billion
6.2% RI total employment
~30K RI total jobs supported
Multiplier: 100 RI defense jobs support 119 community jobs
Highest RI wage sector: average salary:$70k private/$92k public