defense spending http://wrvo.org en Drum numbers likely dropping – but no cause for alarm http://wrvo.org/post/drum-numbers-likely-dropping-no-cause-alarm <p></p><p>The Watertown area’s economy is heavily dependent on Fort Drum. With the federal budget sequester on and the Afghanistan war winding down, the numbers of soldiers assigned to the post and civilians working there is likely to decrease. But the outlook is more complicated than just doom and gloom.</p><p> Fri, 13 Dec 2013 03:28:04 +0000 Joanna Richards 48498 at http://wrvo.org Drum numbers likely dropping – but no cause for alarm Syracuse-area site safe from Lockheed Martin plant closures http://wrvo.org/post/syracuse-area-site-safe-lockheed-martin-plant-closures <p>The Lockheed Martin factory in suburban Syracuse was not on the list of factories the defense contractor announced Thursday it will close in efforts to reduce costs.</p><p>Workers in central New York could, though, be affected by the 3.5 percent workforce reduction the company also announced, which will equal about 4,000 jobs nationwide. The details of those layoffs will be finalized early next year, the company <a href="http://lockheedmartin.com/us/news/press-releases/2013/november/1114hq-facility-consolidation.html" target="_blank">said in a release</a>.</p> Thu, 14 Nov 2013 16:18:50 +0000 Ryan Delaney 47150 at http://wrvo.org Syracuse-area site safe from Lockheed Martin plant closures 145 workers let go at Lockheed Martin sites in upstate New York http://wrvo.org/post/145-workers-let-go-lockheed-martin-sites-upstate-new-york <p></p><p>Another 80 employees at Lockheed Martin's factory in suburban Syracuse, N.Y. and 65 in Owego, N.Y. have been told they're out of a job in the second round of the layoffs to hit the sites this year.</p><p>The plan to reduce the workforce in the defense contractor's Mission Systems and Training unit <a href="http://innovationtrail.org/post/more-layoffs-hit-upstate-ny-lockheed-martin-sites" target="_blank">was announced on Oct. 16</a>. In all, 587 workers lost their job in the unit nationwide.</p> Thu, 07 Nov 2013 12:32:29 +0000 Ryan Delaney 46790 at http://wrvo.org 145 workers let go at Lockheed Martin sites in upstate New York Investment pledge is "glimmer of hope" for Remington workers http://wrvo.org/post/investment-pledge-glimmer-hope-remington-workers <p>A pledge of new investment from its parent company and news of a newly secured military contract have workers at Remington Arms a little more optimistic their jobs will be staying in upstate New York. Tue, 12 Mar 2013 09:25:00 +0000 Ryan Delaney 34589 at http://wrvo.org Investment pledge is "glimmer of hope" for Remington workers Schumer may play key role in Hagel nomination http://wrvo.org/post/schumer-may-play-key-role-hagel-nomination <p>New York's Senator Charles Schumer is emerging as a key player in the controversial nomination of Chuck Hagel to be the Obama administration's next defense secretary. Mon, 14 Jan 2013 21:49:13 +0000 Joanna Richards 31858 at http://wrvo.org Could sequestration hurt local economy? http://wrvo.org/post/could-sequestration-hurt-local-economy <p>There is a deadline looming in Washington, D.C. that many politicians are worried could have an effect on the economy -- including some local politicians who are worried it might hurt upstate New York in particular. &nbsp;</p><p> Mon, 13 Aug 2012 13:45:29 +0000 Catherine Loper 24259 at http://wrvo.org