Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Lockheed Martin Owego wins nearly $133M Navy contract modification
OWEGO, N.Y. — Lockheed Martin Corp. (NYSE: LMT) in Owego was recently awarded an up to $132.8 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/delete efforts in support of bringing eight MH-60R Seahawk helicopters from a […]

ANDRO lands $15 million SBIR contract for U.S. Army work
ROME, N.Y. — ANDRO Computational Solutions, LLC has won a $15 million contract to design and build an electronic signal-detection unit for the U.S. Army.

Rome Health readies for construction of new ICU
ROME, N.Y. — With $3 million in American Rescue Plan Act (ARPA) funding in hand, Rome Health will close the James Street entrance, effective Jan.

North Country, Mohawk Valley REDCs win funding in challenge competition
“New York’s REDC Challenge Competition is just one of the ways that our state is empowering local leaders to transform their communities and unlock their

SRC promotes Hines to director of SRCTec and DS&T Finance
CICERO, N.Y. — SRC, Inc. announced it has promoted Andrea Hines to director of SRCTec and Defense Systems and Technologies (DS&T) Finance. In her new

People news: Indium promotes Foster to associate director
CLINTON, N.Y. — Indium Corporation announced it has promoted Steve Foster to associate director, where he is responsible for implementing operational strategies to ensure plant

The $74M Syracuse STEAM School targets a 2025 opening
SYRACUSE, N.Y. — The upcoming Syracuse STEAM (science, technology, engineering, arts and math) School will be Central New York’s first regional technical high school. Officials on Dec. 7 held a groundbreaking for the $74 million project, which will open in 2025, the office of Gov. Kathy Hochul said in an announcement. The project includes a

$40M renovation converts iconic factory into Victory Lofts
JOHNSON CITY, N.Y. — The Endicott-Johnson Victory factory in Johnson City has new life following a $40 million project to renovate the facility. The project is also referred to as Victory Lofts, marking “the transformation of this historic and iconic industrial building” that’s created 156 new market-rate lofts and commercial space. Those involved in the

VIEWPOINT: Kilian Manufacturing builds a lasting legacy in bearings
The founder of Kilian Manufacturing Corporation, Frederick K. Kilian, emigrated from his native Germany in 1907, when he was only 14 years old. After settling in Watertown, he moved to Auburn, where he met and married his wife, Mary. They stayed in Auburn for several years before eventually settling in Syracuse around the close of

With new corporate ownership, Kilian looks to grow in 2024
SYRACUSE — A change in corporate ownership in 2023 has set the stage for new synergies that bearing producer Kilian Manufacturing Corp. hopes to build upon in 2024. Milwaukee, Wisconsin–based Regal Rexnord Corp. acquired Kilian’s former parent company, Massachusetts–based Altra Industrial Motion Corp., at the end of March. “We’re excited in that within the family
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.