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

L3Harris wins nearly $38M contract modification with 40 percent of work to be done in Liverpool
L3Harris Technologies was recently awarded an almost $38 million adjustment to previously awarded contract to establish and exercise an option for U.S. Navy equipment, components, engineering services, and other direct costs. Work on this fixed-priced-incentive-fee, cost-plus-fixed-fee, and cost only modification will be performed in Millersville, Maryland (57 percent); Liverpool (40 percent); and Ashaway, Rhode Island […]

New York manufacturing index falls further in March
The Empire State Manufacturing Survey general business-conditions index fell 19 points in March to -24.6 as new orders and shipments declined. The index had climbed 27 points in February to -5.8. The general business-conditions index is the monthly gauge on New York’s manufacturing sector. The March reading — based on firms responding to the survey
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BAE Systems to provide electric-drive systems for hydrogen-fuel cell buses in Rochester
ENDICOTT, N.Y. — BAE Systems, which specializes in heavy-duty electric-propulsion systems, says it will supply its next-generation, electric power and propulsion systems for three hydrogen-fuel

Oswego Industries CEO to retire; Mozaic CEO now leading both organizations under agreement
Laurie Davis, CEO of the nonprofit Oswego Industries, plans to retire April 1 after nearly 28 years with the agency, its board of directors announced

Finland company completes acquisition of Cryomech of DeWitt
DeWITT, N.Y. — Bluefors, a Helsinki, Finland–based manufacturer of cryogenic-measurement systems, on Tuesday announced the completion of its acquisition of Cryomech, a cryocooler-technology and manufacturing

Sovena USA donates to STEM programs at Griffiss Institute
ROME, N.Y. — Olive oil company Sovena USA recently partnered with the Griffiss Institute on the creation and support of the institute’s STEM camps and

Oneida County’s UAS Test Site receives new FAA flight authority for larger drones
ROME, N.Y. — Drones flying between Syracuse and Rome are getting bigger and heavier with authorization from the FAA for Oneida County’s Unmanned Aircraft Systems

Schumer says guidance released on investment tax credit for semiconductor manufacturers
U.S. Senate Majority Leader Charles Schumer (D–N.Y.) on Thursday announced the initial guidance for the investment tax credit (ITC) for semiconductor manufacturing is now available.
Lockheed Martin’s Salina plant awarded $8.4 million Navy contract modification
SALINA — Lockheed Martin Corp.’s (NYSE: LMT) facility in suburban Syracuse has won a more than $8.4 million adjustment to a previously awarded contract from the U.S. Navy to exercise options for Navy equipment and engineering services. Work on the fixed-price-incentive-fee modification will be performed in the town of Salina (66 percent); Millersville, Maryland (33
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.