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Manufacturing & Engineering
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
ABR Wholesalers expands operations in Syracuse area
SALINA , N.Y.— ABR Wholesalers, Inc. announced that it recently expanded operations at a new location at the Salina Industrial Powerpark. This new location — at 1 General Motors Drive, Unit 11 — provides easier contractor access, a larger warehouse, and new offices, the company said in a Jan. 25 news release. ABR noted that
Lockheed Martin in Owego wins more than $9.7 million contract for Air Force equipment
OWEGO, N.Y. — Lockheed Martin Corp.’s Owego plant has been awarded a contract worth up to $9.7 million for the manufacture of B-2 countermeasure receivers for the U.S. Air Force. It’s a firm-fixed-price, one-year contract from the Defense Logistics Agency, with no option periods. The work will be done in New York and Florida, with
ConMed tops $1 billion in sales in 2021
ConMed Corp. (NYSE: CNMD) closed out 2021 — the second year of the COVID-19 pandemic which saw the arrival of two new variants and led to large-scale pauses on elective surgeries numerous times — with solid fourth-quarter sales and full-year sales topping $1 billion for the first time in the company’s history. The surgical-device maker reported
ONONDAGA, N.Y. — Onondaga Community College (OCC) will use a $1 million donation from Eric Allyn for the creation of the Meg O’Connell Center for
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