Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Utica outlines next phase of city improvements
UTICA, N.Y. — Utica Mayor Robert Palmieri recently unveiled his $27 million third phase of projects utilizing funding through the Utica Prosperity Initiative via the

Destiny USA to host job fair Wednesday
SYRACUSE, N.Y. — Destiny USA will host its second annual “Get Hired Job Fair” on Wednesday between 2 p.m. and 6 p.m. in the third

Endicott seeks downtown revitalization projects
ENDICOTT, N.Y. — The Endicott Downtown Revitalization Initiative (DRI) Local Planning Committee has issued an open call seeking project proposals for privately-sponsored projects to be

Roundabout in I-81 project will move; project will cost more, take longer
SYRACUSE, N.Y. — The roundabout near Dr. King Elementary School in the Interstate 81 (I-81) viaduct-replacement project will move to a different location, and the

ANDRO wins $1.1 million Army contract
ROME, N.Y. — ANDRO Computational Solutions, LLC was awarded a $1.1 million U.S. Army contract to develop DeepSPEC, a platform for enhancing radio frequency (RF)

Lockheed Martin to pay Q1 dividend of $2.80 a share in late March
The Lockheed Martin Corp. (NYSE: LMT) board of directors has authorized a first-quarter, 2022 dividend of $2.80 per share. The dividend is payable on March 25, to holders of record as of the close of business on March 1. At Lockheed’s current stock price, the dividend yields about 2.85 percent on an annual basis. The

BAE Systems to provide electric-drive systems for Philadelphia’s new fleet of transit buses
ENDICOTT, N.Y. — The Southeastern Pennsylvania Transportation Authority (SEPTA) has selected BAE Systems to supply up to 340 electric-drive systems for its new fleet of

Port of Oswego secures grant funding for study on deepening the harbor
OSWEGO, N.Y. — The Port of Oswego has secured grant funding of $600,000 for a feasibility study to deepen the harbor. New York State awarded

Lockheed Martin’s Syracuse plant wins more than $9 million Navy contract modification
SALINA , N.Y.— Lockheed Martin Corp.’s Syracuse–area plant was awarded a $9.05 million contract modification to a previously awarded delivery order. The order falls under the indefinite-delivery/indefinite-quantity contract for design, prototyping, and qualification testing of submarine electronic-warfare equipment. Work will be performed at Lockheed’s facility in the town of Salina and is expected to be

Offroad-equipment supplier expands in Oriskany
ORISKANY, N.Y. — A trip to Glacier National Park in Montana a few years ago sparked an interest in off-roading for Derrick Snell. That hobby eventually led him to form his own business selling equipment to other off-roading enthusiasts. In fact, it was learning it was going to take six to seven months to receive
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.