Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Lockheed Martin Owego awarded nearly $26 million Navy order
OWEGO — Lockheed Martin Rotary and Mission Systems in Owego was recently awarded a $25.8 million order from the U.S. Navy against a previously issued basic ordering agreement. This firm-fixed price, cost-plus-fixed-fee order provides non-recurring engineering for the development, integration, testing, and deployment of the MH-60 Product Line System Configuration 24 fleet release for all […]
OWEGO, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) Owego plant was recently awarded a not-to-exceed $208.1 million modification to a previously awarded contract from the U.S. Navy. This modification adds scope to provide non-recurring engineering for Phase II design and development of unique hardware and software for the government of India in support of the

Welch Allyn to have new Chicago-area parent after sale
Welch Allyn, Inc. — a medical-sevice maker in Skaneateles Falls that has been in operation for more than a century — will have a new owner in 2022. Baxter International (NYSE: BAX), an Illinois medical-products company has acquired Hill-Rom (NYSE: HRC) — the parent company of Welch Allyn — in a $10.5 billion deal. Hill-Rom, a

Barton & Loguidice acquires second New England firm, expanding presence in Maine
Barton & Loguidice is a Salina–based engineering, planning, environmental, and landscape-architecture firm with 350 employees throughout the Northeast and Mid-Atlantic regions. Owner William (Bill) J.

Comment period for I-81 project extended for a month
SYRACUSE, N.Y. — Interested Central New Yorkers will have another month to comment on the $2 billion Interstate 81 viaduct replacement project. The Federal Highway
New York milk production rises nearly 3 percent in July
New York dairy farms produced almost 1.34 billion pounds of milk in July, up 2.8 percent from just under 1.3 billion pounds in the year-prior month, the USDA’s National Agricultural Statistics Service (NASS) recently reported. Milk production per cow in the state averaged 2,120 pounds in July, up 2.2 percent from 2,075 pounds a year

NYS Innovation Summit set for Turning Stone in November
VERONA, N.Y. — The New York State Innovation Summit — an annual showcase for technology and discovery — is set for Nov. 8-9 at the Turning Stone Resort Casino in Verona. The annual event brings together New York’s “brightest minds, most promising tech and manufacturing companies, and most resourceful innovation support services,” event organizers boasted

Lockheed’s Salina plant wins $21M modification to Navy pact
SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) Salina plant was recently awarded a $21.2 million modification to a previously awarded contract to exercise an option for Navy equipment, components, engineering services, and other direct costs. This effort will award the procurement of Navy equipment and engineering services. Work will be performed in Salina (66

Ithaca firm awarded federal grant for energy-efficiency program work
ITHACA, N.Y. — The U.S. Department of Energy (DOE) has awarded Performance Systems Development of Ithaca a Small Business Innovation Research (SBIR) grant for its proposed project, “Supercharging Standardized Asset Data with EnergyPlus.” The DOE’s Building Technologies Office funded nine SBIR Phase II Release 2 projects, totaling $8.9 million, including the PSD award. The DOE

New fishing-access site opens in Broome County
MAINE, N.Y. — The New York State Department of Environmental Conservation (DEC) recently announced the opening of a new fishing-access site on Nanticoke Creek in Broome County. The new Shadowbrook Fishing Access Site is located off State Route 26 at the end of Shadowbrook Drive, south of the village of Maine. “The new Nanticoke Creek
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.