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

Lockheed Martin’s suburban Syracuse plant wins $54M order from U.S. Navy
SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) facility in the town of Salina, was recently awarded a $54.2 million delivery order under a previously awarded contract from the U.S. Navy for production of submarine electronic-warfare systems on new construction and in-service submarines. Work will be performed at the Salina plant, and is expected to […]

ANDRO wins $1 million Army contract for electromagnetic sensing payload
ROME, N.Y. — The U.S. Army Applications Laboratory recently awarded a $1 million contract to ANDRO Computational Solutions, LLC to develop a modular, artificial-intelligence (AI)-powered electromagnetic sensing payload prototype for unmanned aircraft systems (UAS). ANDRO Chief Scientist-Chief Technology Officer Jithin Jagannath and Chief Research Officer of ANDRO’s Marconi-Rosenblatt AI Innovation Lab Anu Jagannath are spearheading

Tompkins Community Bank names Stallone to board for Central New York
ITHACA, N.Y. — Tompkins Community Bank has recently appointed Dr. Martin Stallone to its community bank board for Tompkins Central New York. Stallone currently serves as the CEO of Centralus Health and Cayuga Health System. Centralus Health is an affiliation of Arnot Health in Elmira and Cayuga Health in Ithaca. Together they serve patients across

Pathfinder Bancorp to pay Q1 dividend of 10 cents in early May
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, has declared a cash dividend of 10 cents per share of its common stock. The first-quarter 2025 dividend is payable on May 9 to all shareholders of record as of April 18, according to an announcement from James A. Dowd,

New York planted acres for soybeans expected to rise almost 3 percent
Farmers in New York state are expected to increase the number of acres devoted to soybean plantings to 380,000 acres this year, up nearly 3 percent from 370,000 acres in 2024, and up more than 8.5 percent from 350,000 acres in 2023. That’s according to a March 31 prospective planting report from the USDA National

Saab wins more than $8 million U.S. Navy contract modification for MK 9 production
DeWITT, N.Y. — Saab Inc. in DeWitt recently won a nearly $8.1 million modification to a previously awarded contract from the U.S. Navy to exercise options for fiscal 2025 MK 9 production efforts. That’s according to a March 17 contract announcement from the U.S. Department of Defense. Work will be performed in DeWitt (81 percent);

CenterState CEO, GSBDC form new partnership to help serve small businesses
SYRACUSE, N.Y. — CenterState CEO and the Greater Syracuse Business Development Corporation (GSBDC) on Thursday announced a new strategic partnership to scale GSBDC’s lending resources

MACNY to induct Rome company president into Manufacturers Wall of Fame
DeWITT, N.Y. — MACNY, The Manufacturers Association says it will induct Graham Brodock, president of Kris-Tech Wire of Rome, into its Manufacturers Wall of Fame. The organization is recognizing Brodock for his “visionary leadership and transformative impact” at Kris-Tech Wire, where he has served as president since 2014. MACNY’s Manufacturers Wall of Fame recognizes people

Binghamton University to establish AI institute
VESTAL, N.Y. — Binghamton University will establish an Institute for AI and Society, according to BingUNews, the college’s online news outlet. The university is one

Chobani founder to give Utica University commencement address
UTICA, N.Y. — Chobani founder and CEO Hamdi Ulukaya will give the commencement address at Utica University’s undergraduate ceremony on Friday, May 9. Ulukaya will
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.