OWEGO, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) plant in Owego has been awarded an $8.4 million firm-fixed contract for radar data processors and antenna pedestals, according to a Thursday contract announcement from the U.S. Defense Department.
The Royal Australian Navy will utilize the equipment.
This is a two-year contract with no option periods, the Defense Department said. The work will be done in New York state and is scheduled to be completed by Sept. 30, 2021.
(Sponsored)
Written Contracts for Freelance Workers Now Required
Originally planned for May, the requirements of New York State’s Freelance Isn’t Free Act (“FIFA”) became effective August 28, 2024. The law has flown under the radar for many employers. The
“Borderline” Overtime Exemptions Require Careful Analysis and Precautionary Measures
Q: We have an employee who we believe is properly classified as exempt from receiving overtime under the Fair Labor Standards Act (FLSA) but it is a “borderline” case. In
Contact the Business Journal News Network at news@cnybj.com
