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AIS wins nearly $12 million software contract from U.S. Air Force

ROME, N.Y. — Assured Information Security, Inc. (AIS) has been awarded a more than $11.9 million contract from the U.S. Air Force for Signals Intelligence Tactical Analysis and Reporting Gateway (STARGATE) prototype software. This cost-plus-fixed-fee completion pact provides for research and development improvements to the STARGATE platform, according to a May 7 contract announcement from

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KeyCorp to pay quarterly dividend of 18.5 cents a share in mid-June

KeyCorp (NYSE: KEY) — parent of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York area — has declared a quarterly cash dividend of 18.5 cents per share of its common stock. The dividend is payable on June 15, to holders of record as of the close of

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Community Bank System to pay Q2 dividend of 42 cents a share in July

DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) recently announced that it has declared a quarterly cash dividend of 42 cents per share on its common stock.  The dividend will be payable on July 9 to shareholders of record as of June 15. The dividend is the same amount that Community Bank paid each

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Lockheed Martin’s suburban Syracuse plant wins almost $10M Navy contract modification

SALINA, N.Y. — The Lockheed Martin Corp. (NYSE: LMT) plant in the Syracuse area has been awarded a nearly $9.7 million modification to a previously awarded contract from the U.S. Navy.  The cost-plus-incentive-fee modification to the pact is for the design, prototyping, and qualification testing of submarine electronic-warfare equipment, according to a contract announcement the

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Utica affilated with New Jersey Devils in hockey once again

UTICA — When the Utica Comets of the American Hockey League (AHL) begin play this fall, it will be their first season as an affiliate of the New Jersey Devils of the National Hockey League (NHL). But it’s not the first time the city of Utica has had a New Jersey Devils minor-league team. The

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New York manufacturing index dips in May but still shows solid growth

The Empire State Manufacturing Survey general business-conditions index dipped two points in May to 24.3, but still showed the industry is generating significant growth while emerging from the pandemic. The index — the monthly gauge on New York’s manufacturing sector — had climbed 9 points in April to 26.3, a “multi-year high.” The May reading

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CNY, MV businesses asked for input on broadband service

The Central New York Regional Planning and Development Board (CNY RPDB) is asking residents and businesses in Cayuga, Cortland, Madison, Onondaga, and Oswego counties to take part in a survey that will identify areas that lack access to reliable broadband internet. Madison County completed a similar study in 2019, CNY RPDB said. At the same time, Oneida

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School-district treasurer in Otsego County gets no jail time for $34K theft

MORRIS, N.Y. — A former treasurer for the Morris Central School District in Otsego County will not serve any jail time after admitting to stealing $34,000 from her employer over a six-year period. On May 13, a federal court sentenced Kristina Hand, 47, of Morris, to two years of probation and ordered her to serve

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SU gets another $8M JPMorgan Chase grant to support military veterans

SYRACUSE — Syracuse University’s Institute for Veterans and Military Families (IVMF) will use an additional $8 million grant from JPMorgan Chase to support its national training and research programs over the next three years.  The grant announcement comes a decade after JPMorgan’s original grant to “enhance” the post-service lives of veterans and military families through

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