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U.S. Air Force awards Lockheed’s Syracuse plant $65M contract modification for radar work
SALINA — The Lockheed Martin Rotary and Mission Systems plant in the town of Salina recently won a $65,1 million contract modification to a previously awarded contract. The contract adjustment is for the exercise of options for three 3-dimensional expeditionary long-range radar systems, and associated production management, travel and other direct costs, and data under […]
Winners of SUNY Oswego Launch It contest to use funding to develop mental-wellness app
OSWEGO — Two SUNY Oswego business-administration majors won the top prize of $2,500 in the school’s Launch It entrepreneurship competition. Noah Bull and Tyler Flack won for their idea for a mental-wellness app. Both Bull and Flack are members of the SUNY Oswego Lakers men’s ice-hockey team. “Our business idea was Anonymous Athlete,” Bull said
Marquardt partners with Dronehub to advance drone technology in CNY
cutting-edge technologies,” Christopher Berry, Marquardt’s business-development manager, said. “This strategic partnership reinforces our commitment to staying at the forefront of advancements in the industry, ensuring that we continue to deliver state-of-the-art solutions for our customers and contribute to the evolution of Central New York as a hub for technological innovation.” Marquardt, which manufactures electromechanical and
PPC Broadband, Cornell Ag and Food Tech Park, JCTOD Outreach awarded state funding
PPC Broadband, Inc. in DeWitt; Cornell Agriculture and Food Technology Park Corporation in Geneva; and JCTOD Outreach Inc. of Utica are among the organizations awarded state funding under New York’s Regional Economic Development Council initiative. The office of Gov. Kathy Hochul announced the funding awards on Monday. Regional award details PPC Broadband, Inc. of DeWitt
Lockheed Martin to pay Q1 dividend of $3.15 per share
The Lockheed Martin Corp. (NYSE: LMT) board of directors has declared a first-quarter, 2024 dividend of $3.15 a share. The dividend is payable on March 29, to holders of record as of the close of business on March. 1, according to Jan. 23 company news release. At Lockheed’s current stock price, the dividend yields about
Destiny USA, Syracuse police say Flock cameras are preventing, solving crime
SYRACUSE, N.Y. — Destiny USA on Thursday said its license-plate reading (LPR) cameras have “proven to be a powerful tool in preventing and solving crime in the Syracuse community.” The announcement comes six months into its partnership with the Syracuse Police Department and Atlanta, Georgia–based Flock Safety Flock Safety cameras have scanned nearly 400,000 vehicles
ANDRO lands contract to help develop B5G technologies
ROME, N.Y. — ANDRO Computational Solutions, LLC announced a contract award from Peraton Labs, Inc. to support Peraton on a Navy initiative for advancing beyond-fifth generation (B5G) wireless-communications technologies for military tactical-edge operations. Peraton, headquartered in Basking Ridge, N.J., was awarded the prime contract under the National Security Technology Accelerator’s (NSTXL) Strategic and Spectrum Missions
Work wraps on $7.5 million ConnectALL internet fiber build out in town of Nichols
NICHOLS, N.Y. — Work has concluded on the $7.5 million fiber build out for internet access in the town of Nichols in Tioga County. The work was part of the state’s ConnectALL initiative, with the state, Tioga County, Town of Nichols, and the Southern Tier Network (STN) all involved, per the announcement from Tioga County.
Southern Tier IDAs work together to market region as a clean-tech corridor
Economic-development agencies in the Southern Tier are teaming up to market the region as a clean energy and technology hotspot in hopes of attracting new business and creating jobs. “We’re really excited about this,” says Stacey Duncan, executive director of The Agency in Broome County. Talks between the agencies began last spring, with a focus
New SUNY Poly labs will train advanced manufacturing and semiconductor workforce
MARCY, N.Y. — With a $44 million state investment, SUNY Polytechnic Institute is designing a new robotics and advanced manufacturing research and education lab and a semiconductor-processing lab to train the future workforce for companies like Wolfspeed, Indium, Danfoss, and Micron. The word manufacturing evokes images of a dirty factory where jobs were manual, but
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