Rhode Island Firm Takes Top Honors in Federal Contracting

 WASHINGTON –Evans Capacitor Company, a firm responsible for the development of capacitor technology for the defense and aerospace industry, from East Providence, R.I., has been named the National Subcontractor of the Year by the U.S. Small Business Administration.

Evans, along with other national winners and finalists for the National Small Business Person of the Year, will participate in a recognition ceremony at the U.S. Institute of Peace on April 30, during National Small Business Week in Washington, D.C.  SBA Administrator Linda McMahon will present the awards.

The federal government awarded over $99 billion of all federal contracts to small businesses in FY16, which translates to more than 537,000 jobs supporting revenue in the U.S. economy.

The two small businesses were selected from among a strong field of candidates submitted by SBA’s ten regional offices.  The awards honor small businesses that provide outstanding goods or services to the federal government as prime contractors or as subcontractors.

Details on this year’s winner:

• Small Business Subcontractor of the Year:  Evans Capacitor Company of East Providence, R.I.   Before co-founding Evans Capacitor Company with Charles Dewey in 1996, David Evans led the engineering group that developed processes and material for hermetic packaging of capacitors and novel capacitor technologies. Dewey later joined Evans in launching Evans Capacitor to develop capacitor technology for the defense and aerospace industry. Prior to joining Evans Capacitor, Dewey held various management positions in production management, technical marketing and finance with several companies.  Evans Capacitor developed the machining process used in high capacity capacitors and was one of the early developers of high energy density capacitors employing an electrochemical cathode and electrolytic anode.

Evans continues to invent, research and develop the capacitor technology while leading the engineering team at Evans Capacitor and Dewey provides oversight and direction of operations.  The company delivers high power density capacitors to over 100 customers annually, including every major U.S. defense contractor.  It has production facilities in Rhode Island and Maine.  In 2010, Lockheed Martin Missiles and Fire Control honored Evans Capacitor for its 100 percent quality and delivery ratings.

For additional information on National Small Business Week, please visit www.sba.gov/nsbw

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About the U.S. Small Business Administration

The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start and grow their businesses. It delivers services to people through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

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