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Lockheed Martin’s suburban Syracuse plant wins more than $46M radar contract from U.S. Navy
SALINA, N.Y. — Lockheed Martin Rotary and Mission Systems in Salina was recently awarded a more than $46.4 million contract from the U.S. Navy for the digital expanded, ultra-high frequency, multiple input, multiple output optimized radar. This cost-plus-fixed-fee contract provides for the development of advanced radar-technology solutions applicable to both next-generation platforms and current generation […]
Lockheed Martin to pay Q4 dividend of $3.15 per share in late December
The Lockheed Martin Corp. (NYSE: LMT) board of directors has declared a fourth-quarter, 2023 dividend of $3.15 a share. The dividend is payable on Dec. 29, to holders of record as of the close of business on Dec. 1, according to an Oct. 6 company news release. At Lockheed’s current stock price, the dividend yields
OCC to soon start construction of Micron cleanroom simulation lab
ONONDAGA, N.Y. — Onondaga Community College (OCC) expects construction will begin in November on the upcoming Micron cleanroom simulation lab, which will be located in the school’s Whitney Applied Technology Center. OCC on Oct. 19 hosted an event at which it released renderings and outlined plans for the lab. The school expects the construction effort
Proposed FABRIC Act seeks to boost garment-workers’ rights
U.S. Senator Kirsten Gillibrand (D–N.Y.) on Sept. 14 announced the re-introduction of her labor bill, the Fashioning Accountability and Building Real Institutional Change (FABRIC) Act. The FABRIC Act would protect nearly 100,000 American garment workers and help “revitalize” the garment industry in the U.S. by improving working conditions and reforming the piece-rate pay scale, Gillibrand’s
Herkimer County receives $300K in funding for microenterprise grant program
HERKIMER, N.Y. — The New York State Office of Homes and Community Renewal’s Community Development Block Grant Economic Development program has awarded Herkimer County —
Binghamton wins federal tech hub designation for battery research, manufacturing
VESTAL, N.Y. — Binghamton University’s New Energy New York (NENY) project has secured a federal tech hub designation, which was created in the CHIPS &
Syracuse-Rochester-Buffalo region wins federal designation as tech hub
DeWITT, N.Y. — The Syracuse-Buffalo-Rochester region has won a federal Tech Hub designation that was created in the CHIPS & Science Act. U.S. Senate Majority
SRCTec awarded U.S. Army contract modification for AN/TPQ-50 radar systems
CICERO, N.Y. — SRCTec LLC recently won a $99.95 million modification to a U.S. Army contract to procure AN/TPQ-50 exportable radar systems, spares, and repair parts. Work locations and funding will be determined with each order, with an estimated completion date of Jan. 30, 2028, according to a Sept. 28 contract announcement from the U.S.
Lockheed Martin Owego wins a nearly $50M contract
OWEGO, N.Y. — Lockheed Martin Rotary and Mission Systems in Owego recently won a $49.5 million technology contract from the U.S. Navy that will also support several foreign militaries. The cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract provides technical, management, and process support to maintain the software for all H-60 helicopter variants in support of the Navy and the
New York corn production increased more than 22 percent this year
New York farms are expected to have produced over 98.6 million bushels of corn for grain in 2023, up 22.5 percent from 80.5 million bushels last year. That’s according to a USDA National Agricultural Statistics Service (NASS) forecast issued on Oct. 12, based on field conditions as of Oct. 1. The total yield per acre
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