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Lockheed Martin Owego wins $22M Army contract for foreign-military sales

OWEGO, N.Y. — Lockheed Martin Rotary and Mission Systems in Owego recently won a more than $22 million contract from the U.S. Army to provide military equipment to three foreign armed services. The firm-fixed-price contract is for the production and delivery of modernized-radar frequency interferometer hardware components in support of foreign-military sales partners India Army,

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KeyCorp’s Q3 profit jumps 55 percent, beats analysts’ expectations

KeyCorp (NYSE: KEY) recently reported that its net income in the third quarter increased 55 percent to $616 million, or 65 cents per share, from $397 million, or 41 cents, in the year-ago period, driven by strong revenue growth, especially fee-based income. KeyCorp — based in Cleveland, Ohio — is parent of KeyBank, which ranks

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NBT Bancorp boosts quarterly dividend by nearly 4 percent

NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) recently announced that its board of directors has approved a cash dividend of 28 cents per share for the fourth quarter. The payment is unchanged from the last quarter but up by 3.7 percent from 27 cents a share in the fourth quarter of 2020.  The Norwich–based

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CCNY Tech leases more than 16,000 square feet of space in New Hartford

NEW HARTFORD, N.Y. — CCNY Tech recently leased 16,099 square feet of space for its headquarters at 145 New Hartford St. in New Hartford. Mike Conley, Jeff D’Amore & James Furney from Cushman & Wakefield/Pyramid Brokerage Company helped negotiate the lease and arrange the transaction. Conley represented the landlord, while D’Amore and James Furney represented

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Auburn’s new public-safety building project was a long-term effort

AUBURN, N.Y. — Auburn Mayor Michael Quill said the city’s new $10 million shared public-safety building has been “many, many years in the making.” Auburn, a 2018 winner of the state’s Downtown Revitalization Initiative (DRI), used a portion of its $10 million prize to “make it happen” Quill said. “With this project, we have moved

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