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Technology

Lockheed Martin wins more than $10M Navy contract modification

SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) plant in the town of Salina has won a more than $10.2 million modification to a previously awarded contract from the U.S. Navy. The cost-plus-incentive-fee modification to a previously awarded delivery order under an indefinite-delivery/indefinite-quantity contract is for the design, prototyping, and qualification testing of submarine electronic-warfare […]

ConMed lowers full-year guidance despite higher Q3 sales

Hospital-staffing shortages, supply-chain issues, and foreign-currency pressures together created a major concern for ConMed Corp. (NYSE: CNMD), pushing the medical-device maker to lower guidance for the remainder of the year in spite of a nearly 11 percent rise in net sales in the third quarter. ConMed reported improved third-quarter sales of $275.1 million, boosted by

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