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VISION 2026 | Manufacturers grow with defense contracts [Yahoo! Finance]

Leonardo DRS, Inc. (DRS) 
Company Research Source: Yahoo! Finance
the Norway-based company prepares to begin a new line of production for the U.S. Marine Corps. The $10 million investment in the facility was coupled with Kongsberg's 20-year anniversary in Johnstown, which underscored the company's continued reliance on the manufacturing workforce in the area, descended from generations of Bethlehem Steel workers. “The work ethic in western Pennsylvania is phenomenal,” said Heather Armentrout, U.S. president and general manager of Kongsberg Defence & Aerospace Inc. “Part of our core values is that we are reliable, delivering on time and on budget to our customers. Johnstown is a critical part of that, being our largest factory outside of Norway. I think there is a lot of pride in that.” In addition to Kongsberg, defense contractors including Martin-Baker America, Leonardo DRS and Lockheed Martin each employ hundreds of people at their Johnstown-area facilities, where parts for equipment supporting U.S. defense aircraft, submarines, ships and gr Show less Read more
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