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Manufacturing & Engineering
Lockheed Martin Owego wins more than $150M Navy contract modification
OWEGO — Lockheed Martin Corp. (NYSE: LMT) in Owego recently won an up to $150.56 million modification to an order against a previously issued basic ordering agreement from the U.S. Navy. This contract modification adds scope to provide non-recurring engineering and add/eliminate efforts in support of bringing six MH-60R Seahawk helicopters from a standard foreign […]
Florida company acquires Hofmann Sausage Company
SYRACUSE, N.Y. — The Hofmann Sausage Company of Syracuse is now operating under new ownership. The Miami Beef Company, Inc. of Miami, Florida announced the acquisition in a Tuesday Business Wire news release. The firm didn’t disclose any financial details of its purchase agreement. Founded in 1879 in Syracuse, Hofmann is described in the announcement
People news: MACNY promotes Frame to No. 2 position
DeWITT, N.Y. — MACNY, The Manufacturers Association of Central New York recently announced that it has promoted Michael Frame to executive vice president (EVP). Reporting directly to the president and CEO of the association, the EVP serves as second-in-command and a key member of MACNY’s executive leadership team, according to an organizational news release. He
U.S. Air Force awards Lockheed’s Syracuse plant $65M contract modification for radar work
SALINA — The Lockheed Martin Rotary and Mission Systems plant in the town of Salina recently won a $65,1 million contract modification to a previously awarded contract. The contract adjustment is for the exercise of options for three 3-dimensional expeditionary long-range radar systems, and associated production management, travel and other direct costs, and data under
Marquardt partners with Dronehub to advance drone technology in CNY
cutting-edge technologies,” Christopher Berry, Marquardt’s business-development manager, said. “This strategic partnership reinforces our commitment to staying at the forefront of advancements in the industry, ensuring that we continue to deliver state-of-the-art solutions for our customers and contribute to the evolution of Central New York as a hub for technological innovation.” Marquardt, which manufactures electromechanical and
PPC Broadband, Cornell Ag and Food Tech Park, JCTOD Outreach awarded state funding
PPC Broadband, Inc. in DeWitt; Cornell Agriculture and Food Technology Park Corporation in Geneva; and JCTOD Outreach Inc. of Utica are among the organizations awarded state funding under New York’s Regional Economic Development Council initiative. The office of Gov. Kathy Hochul announced the funding awards on Monday. Regional award details PPC Broadband, Inc. of DeWitt
Lockheed Martin to pay Q1 dividend of $3.15 per share
The Lockheed Martin Corp. (NYSE: LMT) board of directors has declared a first-quarter, 2024 dividend of $3.15 a share. The dividend is payable on March 29, to holders of record as of the close of business on March. 1, according to Jan. 23 company news release. At Lockheed’s current stock price, the dividend yields about
Destiny USA, Syracuse police say Flock cameras are preventing, solving crime
SYRACUSE, N.Y. — Destiny USA on Thursday said its license-plate reading (LPR) cameras have “proven to be a powerful tool in preventing and solving crime in the Syracuse community.” The announcement comes six months into its partnership with the Syracuse Police Department and Atlanta, Georgia–based Flock Safety Flock Safety cameras have scanned nearly 400,000 vehicles
People news: Barton & Loguidice names senior associate
WATERTOWN, N.Y. — Barton & Loguidice, D.P.C. (B&L) announced that it has promoted Dustin Clark, a professional engineer in its Watertown office, to senior associate. A resident of Adams Center, he received his associate degree in engineering sciencefrom Jefferson Community College and his bachelor’s degree in engineering from the University at Buffalo. Clark is a
Town of Sullivan receives more than $3.5M state grant for water-infrastructure project
SULLIVAN, N.Y. — The Town of Sullivan was recently awarded a New York State Water Infrastructure Improvement Act (WIIA) grant, totaling $3,576,000 to fund the Whitelaw Water District. The Whitelaw Water District will serve properties along Whitelaw Road, Pine Ridge Road, Gee Road, Clark Road, Eddy Road, and Waterbury Road, according to a Dec. 13
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