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Law, Accounting & Taxes

Lockheed Martin plant awarded nearly $68M contract modification

SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) plant in suburban Syracuse has recently won a $67.9 million modification to a previously awarded U.S. Navy contract. The pact is for provisioned-item spare parts in support of the full-rate production of Surface Electronic Warfare Improvement Program AN/SLQ-32(V)6 and AN/SLQ-32C(V)6 systems, according to a May 26 contract

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Finance director, CPA joins Generations Bancorp NY board

SENECA FALLS, N.Y. — Generations Bancorp NY, Inc., the holding company for Generations Bank, recently added Alicia Pender to its board of directors  The addition of Pender, effective May, 18, came after the retirement of Dr. August P. Sinicropi from the board in May after his 30 years of service. Pender is the director of

Firms can apply for COVID capital costs tax-credit program until Sept. 30

Business owners interested in Empire State Development’s (ESD) $250 million COVID-19 capital costs tax-credit program have until the end of September to submit an application. ESD on June 5 announced that it had extended the application deadline. To apply, visit the ESD website (esd.ny.gov) Under the program, New York small businesses that made investments to

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