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Manufacturing & Engineering

Saab wins Navy contract of more than $173M

DeWITT, N.Y. — Saab Inc. in DeWitt was recently awarded a nearly $173.2 million contract from the U.S. Navy for the procurement of production, test, and delivery of the MK-39 Mod 3 Expandable Mobile Anti-Submarine Warfare Training Target (or EMATT) and engineering services. The firm-fixed-price, cost-plus-fixed-fee, and cost-reimbursement provisions include options that if exercised, will

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New York manufacturing index falls further in October to -9.1

A leveling off of shipments and future pessimism are among the factors contributing to an 8-point drop in the general business-conditions index of the October Empire State Manufacturing Survey.  This came after the index had climbed 30 points to -1.5 in September. The general business-conditions index is the monthly gauge of New York’s manufacturing sector.  The

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