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Law, Accounting & Taxes

No SU layoffs amid federal cuts

SU Chancellor: No “large-scale” layoffs to deal with federal spending cuts

SYRACUSE, N.Y. — Syracuse University (SU) Chancellor Kent Syverud says SU isn’t planning mass layoffs or hiring freezes to deal with federal spending cuts announced since President Donald Trump took office back in January. Syverud recently updated SU’s University Senate on the school’s budget in response to federal spending cuts, per a Thursday announcement on […]

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Lockheed Martin Salina

Lockheed Martin’s Salina plant wins $9M Navy contract modification for submarine system support

SALINA, N.Y. — Lockheed Martin Rotary and Mission Systems was recently awarded a $9 million U.S. Navy contract modification to a previously won delivery order under a contract to exercise an option for engineering and technical support for submarine electronic-warfare systems. The pact is for new construction and in-service submarines, with work to be performed

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