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Manufacturing & Engineering

Lockheed wins $302M Navy contract

SALINA, N.Y. — Lockheed Martin Corp., Rotary and Mission Systems was recently awarded a $302.2 million U.S. Navy contract. The cost-plus-incentive-fee, firm-fixed-price, cost-plus-fixed-fee, and cost-only “undefinitized” pact is for the proof of manufacture, production, spares, production-support material, and engineering support for components related to the MK 48 heavyweight torpedo all up round. That’s according to

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New York manufacturing index turns negative again in December

The Empire State Manufacturing Survey general business-conditions index fell 16 points to -11.2 in December, pointing to a slowdown in manufacturing activity in the state. The general business-conditions index is the monthly gauge of New York’s manufacturing sector. The index had climbed 14 points to 4.5 in November after declining 8 points to -9.1 in

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