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Lockheed Martin’s Salina plant wins $9M Navy contract modification for submarine system support
SALINA, N.Y. — Lockheed Martin Rotary and Mission Systems was recently awarded a $9 million U.S. Navy contract modification to a previously won delivery order under a contract to exercise an option for engineering and technical support for submarine electronic-warfare systems. The pact is for new construction and in-service submarines, with work to be performed […]
ConMed to pay dividend for Q1 in early April
ConMed Corp. (NYSE: CNMD), a surgical-device maker originally headquartered in the Utica region, recently announced that its board of directors has declared a quarterly cash dividend of 20 cents per share for the first quarter of 2025. The dividend is payable on April 4, to all shareholders of record as of March 14. At the
Crews start work on $65M BAE Systems expansion in Endicott
Project will lead to creation of up to 134 new jobs ENDICOTT — Work is underway on a $65 million project to expand operations at the Endicott location of BAE Systems. That’s according to a company spokesperson, responding to a CNYBJ inquiry on March 4. The global aerospace, defense, and information security company will add
Henry Beck, founder of Tessy, dies at 90
SKANEATELES, N.Y. — Henry Beck, who founded injection-molding business Tessy in 1973, has died at the age of 90, the company announced Tuesday. Beck died
FAA increases NUAIR’s operational air space to 450 square miles
SYRACUSE, N.Y. — The Federal Aviation Administration (FAA) has issued NUAIR a Beyond Visual Line of Sight (BVLOS) waiver that nearly doubles its operational commercial
ConMed posts improved 2024 earnings results
But company remains conservative for 2025 forecast ConMed Corporation (NYSE: CNMD) posted solid fourth-quarter and full-year 2024 results on a 5 percent increase in sales at the medical-device manufacturer once headquartered in the Mohawk Valley. The company announced fourth-quarter sales of $345.9 million, up 5.8 percent from $327 million in the same quarter a year
Cornell, tomPhyzx LLC among Microelectronics Innovation Challenge winners
ITHACA, N.Y. — Those winning grant money in the New York State Microelectronics Innovation Challenge included Cornell University working in partnership with a company located in Yates County. The project involving Cornell Center for Materials Research (CCMR) Corporate Partnership & Innovation (OVPRI) and tomPhyzx LLC in Dundee was awarded $60,000 from the Jeff Lawrence Innovation
Arizona semiconductor firm buys former NexGen building in DeWitt, plans 80 new jobs
DeWITT, N.Y. — Semiconductor Components Industries, LLC (NASDAQ: ON), which does business as onsemi, has purchased the former NexGen fab facility in DeWitt and plans
Broome County opens applications for Small Community Fund grants
BINGHAMTON, N.Y. — Broome County is now accepting applications for the 8th round of its Small Community Fund grant program, which has $650,000 this year
Greater Binghamton Chamber joins state Manufacturers Alliance
BINGHAMTON, N.Y. — The Greater Binghamton Chamber of Commerce announced it has joined The Manufacturers Alliance of New York, led by the Manufacturers Association of
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.