Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Lockheed Martin’s suburban Syracuse plant wins more than $46M radar contract from U.S. Navy
SALINA, N.Y. — Lockheed Martin Rotary and Mission Systems in Salina was recently awarded a more than $46.4 million contract from the U.S. Navy for the digital expanded, ultra-high frequency, multiple input, multiple output optimized radar. This cost-plus-fixed-fee contract provides for the development of advanced radar-technology solutions applicable to both next-generation platforms and current generation […]
Lockheed Martin to pay Q4 dividend of $3.15 per share in late December
The Lockheed Martin Corp. (NYSE: LMT) board of directors has declared a fourth-quarter, 2023 dividend of $3.15 a share. The dividend is payable on Dec. 29, to holders of record as of the close of business on Dec. 1, according to an Oct. 6 company news release. At Lockheed’s current stock price, the dividend yields
OCC to soon start construction of Micron cleanroom simulation lab
ONONDAGA, N.Y. — Onondaga Community College (OCC) expects construction will begin in November on the upcoming Micron cleanroom simulation lab, which will be located in the school’s Whitney Applied Technology Center. OCC on Oct. 19 hosted an event at which it released renderings and outlined plans for the lab. The school expects the construction effort
Electricians to hold year-long recruitment of apprentices
CLAY, N.Y. — The Central New York Electrical Training Alliance (ETA) says it will conduct a recruitment from Nov. 15, 2023 through Nov. 14, 2024 for 30 electrician apprentices, The 30 openings listed for apprentices represent the total number for the Central, Finger Lakes, Mohawk Valley, and Southern Tier regions of the state, the New
Crouse Health buys 3D mammography units with Saint Agatha Foundation, JMA Wireless donations
SYRACUSE, N.Y. — Crouse Health announced it has purchased two new 3D mammography machines with the help of $800,000 in donations from the Saint Agatha
Binghamton wins federal tech hub designation for battery research, manufacturing
VESTAL, N.Y. — Binghamton University’s New Energy New York (NENY) project has secured a federal tech hub designation, which was created in the CHIPS &
State awards funding to 36 upstate New York airports for improvement projects
SYRACUSE, N.Y. — Airports serving Syracuse, Rome, Oswego, Ithaca, Watertown, Elmira, and Binghamton are among 36 public-use airports across New York state awarded state funding
Syracuse-Rochester-Buffalo region wins federal designation as tech hub
DeWITT, N.Y. — The Syracuse-Buffalo-Rochester region has won a federal Tech Hub designation that was created in the CHIPS & Science Act. U.S. Senate Majority
Schumer says National Grid to use almost $50M in federal funds to upgrade power grid
National Grid (NYSE: NGG) will use nearly $50 million in federal-government funding to “boost the resiliency” of upstate New York’s power grid, as well as
SRCTec awarded U.S. Army contract modification for AN/TPQ-50 radar systems
CICERO, N.Y. — SRCTec LLC recently won a $99.95 million modification to a U.S. Army contract to procure AN/TPQ-50 exportable radar systems, spares, and repair parts. Work locations and funding will be determined with each order, with an estimated completion date of Jan. 30, 2028, according to a Sept. 28 contract announcement from the U.S.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.