Close Menu
  • Home
  • Maritime
  • Offshore
  • Port
  • Oil & Gas
  • Energy
  • Technology
  • Incidents
  • Environment
  • Events
    • Maritime
    • Offshore
    • Oil & Gas
    • Energy
  • Advertising
  • Contact
Facebook X (Twitter) Instagram LinkedIn
Trending
  • bound4blue WAPS calculation method wins DNV nod of approval
  • NOAA: Operational Forecast System Informs Shipwreck Oil Spill Scenarios
  • Tourist boat carrying 89 passengers capsizes in Bali
  • Lithuania to relaunch 700MW offshore wind tender next week
  • UML ready to welcome first newbuild tanker fitted with WAPS
  • Mother Ship with USV Flotilla Could Boost Coast Guard Capabilities
  • New Zealand To Ban Substandard Ships From Entering Its Ports
  • Noble bags drillship work in Papua New Guinea with TotalEnergies
Facebook X (Twitter) Instagram LinkedIn
Maritime247.comMaritime247.com
  • Home
  • Maritime
  • Offshore
  • Port
  • Oil & Gas
  • Energy
  • Tech
  • Incidents
  • Environment
  • Events
    • Maritime
    • Oil & Gas
    • Offshore
    • Energy
  • Advertising
Maritime247.comMaritime247.com
Home»Technology»NUWC Division Newport: $2 Billion Impact on Economy in 2024
Technology

NUWC Division Newport: $2 Billion Impact on Economy in 2024

April 21, 2025
Facebook Twitter LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Email

Naval Undersea Warfare Center Division Newport Reaches $2 Billion in Funding

The Naval Undersea Warfare Center (NUWC) Division Newport has reached a significant milestone in its funding, with a total program budget of $2 billion in 2024. This achievement was highlighted in the recently released economic impact report, showcasing the center’s vital role in undersea warfare technology development.

Operational Budget Breakdown

Out of the total operating budget, $776 million was allocated towards civilian payroll, labor, materials, operational expenses, property maintenance, and military payroll. Additionally, $1.2 billion was designated for funding contracts that support the center’s research and development efforts.

Workforce Composition

Division Newport boasts a diverse workforce, with 51% government civilian employees, 48% support contractor employees, and 0.38% military staff. These employees are primarily located in Rhode Island (68%), Massachusetts (23%), Connecticut (4%), and other parts of the United States (5%).

Within the government civilian staff, 73% are classified as scientists or engineers, with 86% holding a four-year degree and 36% possessing an advanced degree. The average salary for government civilian employees is reported to be $122,000.

Contract Obligations and Small Business Support

Small businesses play a significant role in Division Newport’s operations, with approximately $356 million allocated towards small business obligations. The center also prioritizes competitive contracting, with 94% of fiscal year 2024 contracts being competitively awarded.

In terms of contract distribution, 95% of contract obligations were directed towards new services in Rhode Island, further reinforcing the center’s commitment to supporting local businesses and fostering economic growth in the region.

Academic and Intellectual Outreach

Division Newport actively engages in academic and intellectual outreach, with 12 STEM programs and 31 educational partnerships established in 2024. These initiatives received $1.24 million in funding and reached 16,484 students from pre-kindergarten to grade 12.

See also  US marine industry braces for impact of Trump tariffs

Furthermore, the center collaborated on 89 active cooperative research and development agreements (CRADAs), undertook 74 projects with academia, and published 176 technical papers. Over the past five years, Division Newport employees have generated 162 patented inventions, showcasing their innovative contributions to undersea warfare technology.

Navy Working Capital Fund Model

Operating under the Navy Working Capital Fund (NWCF) model, Division Newport functions as a self-sustaining entity that receives funds from various stakeholders to fulfill its mission objectives. In fiscal year 2024, the center received a total of $2.0 billion in incoming funds, with the Navy and Marine Corps serving as its primary customers, contributing $982 million.

Other significant contributors included private parties ($23 million), other Department of Defense entities ($14 million), and the Air Force ($10 million). Funds from the Army and other government organizations totaled approximately $3 million, demonstrating the collaborative nature of Division Newport’s funding sources.

Overall, the Naval Undersea Warfare Center Division Newport’s $2 billion in funding underscores its critical role in advancing undersea warfare technology and fostering innovation within the defense sector.

Billion division Economy Impact Newport NUWC
Share. Facebook Twitter LinkedIn Tumblr Telegram Email

Related Posts

NOAA: Operational Forecast System Informs Shipwreck Oil Spill Scenarios

June 8, 2025

Mother Ship with USV Flotilla Could Boost Coast Guard Capabilities

June 8, 2025

Next Geosolutions, Green Yard Kleven Convert Vessel for Subsea Surveys

June 7, 2025
Top Posts

Duties of Bosun (Boatswain) on a Ship

February 1, 2025

Top 10 Biggest RORO Ships In The World

February 15, 2025

Sea-Doo Switch recall underway after serious safety concerns

March 2, 2025

CMA CGM settles US sexual harassment case

January 11, 2025
Don't Miss
Offshore

Skyports Trials Drone Deliveries for UAV-Enabled Maritime Services

May 21, 2025

Skyports Drone Services is making waves in the world of drone delivery and inspection services,…

Furuno’s Doppler Radars Guide Saildrone’s Expanding Fleet of USVs

May 7, 2025

Bound4Blue Installs World’s Largest Suction Sails

April 13, 2025

10 Biggest Naval Bases In Asia

January 10, 2025

Subscribe to Updates

Your Weekly Dive into Maritime & Energy News.

About Us
About Us

Stay informed with the latest in maritime, offshore, oil & gas, and energy industries. Explore news, trends, and insights shaping the global energy landscape.

For advertising inquiries, contact us at
info@maritime247.com.

Facebook X (Twitter) YouTube LinkedIn
Our Picks

Multi-billion projects at stake: Another blow for UK’s largest untapped oil & gas duo but Shell, Equinor, and Ithaca remain upbeat

February 3, 2025

Former Edda Wind boss Kenneth Walland takes the chair at Eidesvik

May 23, 2025

Shanghai Exceeds 50 Million TEU for the First Time

December 26, 2024

Subscribe to Updates

Your Weekly Dive into Maritime & Energy News.

© 2025 maritime247.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Advertising

Type above and press Enter to search. Press Esc to cancel.