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 $19 million Air Force contract
OWEGO — Lockheed Martin Corp.’s (NYSE: LMT) Owego plant has been awarded a more than $18.9 million letter contract for circuit-card assemblies for the U.S. Air Force. This is a 70-month contract with no option periods, according to a Sept. 30 contract announcement from the U.S. Department of Defense. The work will be done in […]

Lockheed Martin’s Salina plant wins largest-ever contract
SALINA — Lockheed Martin Corp.’s (NYSE: LMT) manufacturing plant in the town of Salina has secured a U.S. Army radar contract that could be worth up to $3 billion, which would make it the facility’s largest-ever contract. Lockheed will initially receive $281 million to develop and produce the Sentinel A4 radar system at the plant located

New York manufacturing index slips in September
The Empire State Manufacturing survey general business-conditions index fell nearly three points to 2.0 in September, still indicating moderate expansion in the sector’s activity. This followed increases in the index in both August and July as it rebounded from a record decline in June. The September reading, based on firms responding to the survey, indicates

Cryomech breaks ground on construction of new $17M facility in DeWitt
DeWITT, N.Y. — Cryomech, a manufacturer of cryogenic equipment, has broken ground on construction of its new $17 million plant at 6682 Moore Road in

ALBANY, N.Y. — Manufacturing employees from companies in Potsdam and Victor captured the $2,500 grand prizes in FuzeHub’s inaugural Millennials in Manufacturing Awards. Dylan Broomfield,

WATERTOWN, N.Y. — New York Air Brake (NYAB) in Watertown is now exempt from tariffs on steel and aluminum. That’s according to U.S. Senate Minority

Lockheed Martin Owego wins $8.4M contract for radar equipment for Australian Navy
OWEGO, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) plant in Owego has been awarded an $8.4 million firm-fixed contract for radar data processors and antenna

Briggs & Stratton begins operations in new Sherrill manufacturing facility
SHERRILL — Briggs & Stratton Corporation (NYSE: BGG) has a new facility in the Sherrill Industrial Park. Milwaukee, Wisconsin–based Briggs & Stratton on Sept. 18 formally opened its $10 million, 552,000-square-foot commercial-products manufacturing facility in Sherrill. The firm is the “world’s largest” producer of gasoline engines for outdoor power equipment, and a designer, manufacturer and

SALINA — Lockheed Martin Rotary and Mission Systems in Salina, a unit of Lockheed Martin Corp. (NYSE: LMT), is being awarded a $17.2 million radar contract from the U.S. military. The cost-plus-fixed-fee contract will support the E-2D Advanced Hawkeye aircraft program to provide depot-level repair capability for the AN/APY-9 radar line replaceable modules (LRMs), according

Lockheed Martin’s Syracuse-area plant wins radar contract worth up to $3 billion
SALINA, N.Y. — The U.S. Army has awarded Lockheed Martin Corp.’s (NYSE: LMT) manufacturing plant in the town of Salina a radar contract that could
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.