An economic bright spot is our defense industry. Navistar’s new IMG facility at West Point employs some 800. Northrup Grumman’s shipyards have just won new multi-billion dollar ship contracts. General Dynamics, Lockheed Martin, Rolls Royce: our
traditional defense contractors are strong. And we’ve added some new defense industries, such as EAD’s American Eurocopter & RTI International Metals. The defense industry, like energy, is not subject to the same economic variables as most other sectors.
Source: 2008 State of the State address to state legislature
Jan 21, 2008
