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Manufacturing & Engineering

Big declines in orders, shipments hampered New York manufacturing activity in May

Still, manufacturers expect conditions to be better later this year   A monthly gauge of New York manufacturing activity indicated the industry continues dealing with “significant declines” in orders and shipments as the coronavirus pandemic carries on. The Empire State Manufacturing Survey general business-conditions index rose almost 30 points to -48.5 in May from its […]

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Lockheed Martin’s Syracuse–area plant wins more than $47 million order from U.S. Navy

SALINA — Lockheed Martin Corp.’s (NYSE: LMT) Salina plant has been awarded a nearly $47.7 million delivery order from the U.S. Navy for procurement of submarine modernization kits, equipment, and installation.  The order, made to Lockheed’s Rotary and Mission Systems unit, will be part of a previously awarded indefinite-delivery/indefinite-quantity contract. Work will be performed in

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