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

Saab Defense and Security to add 50 jobs after winning $38.1 million Navy contract
DeWITT, N.Y. — Saab Defense and Security USA LLC said it plans to add 50 new jobs at its DeWitt site in the coming months

Lockheed Martin opens bioenergy facility at Owego plant
OWEGO, N.Y. — Lockheed Martin Corp. (NYSE: LMT) on Tuesday formally opened a new bioenergy facility at its location in Owego. The system uses Concord

CenterState CEO hires Alheim, Rahman for communications, marketing work
The organization hired Kara Alheim as its content and marketing manager, and Najee Rahman as its digital-communications manager. As content and marketing manager, Alheim will

Cleveland firm to acquire Young & Franklin for $260 million
SALINA, N.Y. — Young & Franklin Inc. (YF) and its subsidiaries, including Tactair Fluid Controls Inc., will soon have a new owner. Cleveland, Ohio–based TransDigm

Rome Lab awards PAR Technology subsidiary $5 million R&D contract
ROME, N.Y. — The U.S. Air Force has awarded PAR Government Systems Corp. a $5 million contract award for research and development. The company will

SBA adds veterans’ business outreach center near Albany
WATERVLIET, N.Y. — The U.S. Small Business Administration (SBA) has launched a veterans’ business-outreach center (VBOC) in Watervliet in the Capital region. The VBOC at
State money helping Wayne County technology firm expand R&D ops
ONTARIO — Optimax Systems Inc. is expanding its research and development operations with some help from New York state government. To encourage Optimax to expand in the Finger Lakes region, Empire State Development (ESD) offered the tech company a grant of up to $250,000 in return for job-creation commitments. The expansion will enable the optics

Rome Lab awards PAR Technology unit $3 million R&D contract
ROME, N.Y. — The U.S. Air Force has awarded PAR Government Systems Corp. a $3 million contract award for research and development. PAR Government is

Wayne County technology firm to expand R&D operations, add 35 jobs
ONTARIO, N.Y. — Optimax Systems Inc., a technology firm based in in the town of Ontario in Wayne County, is expanding its research and development

Assured Information Security acquires Maryland firm
ROME, N.Y. — Assured Information Security, Inc. (AIS) announced it has acquired Ross Technologies, Inc. (RTGX) of Maryland. AIS didn’t release any financial terms of
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.