Article on page 4 of the 08/04 edition.
Tag Archives: contract
The Express Newspaper August 4, 2016
GlobalFoundaries Receives Pentagon Contract – Vince Gallagher
The Pentagon has chosen GlobalFoundries to supply the most advanced microchips used in U.S. spy satellites, missiles and combat jets. The agreement is an example of the Pentagon’s effort to protect military systems from cyberattacks and other tampering.
“This new contract is great news for GlobalFoundries and it’s employees in the Northeast Tech Corridor,” said corporate communications manager Steven Grasso. ”It builds on our investments to keep the EFK and BTV sites competitive.”
IBM had been the supplier of the chips to the Pentagon for over a decade, then decided to pay Globalfoundries to take over.
Article in the 06-16 edition.
City Adresses $ Problems – by Harold Wessell
MECHANICVILLE, January 16th At the first City Business Meeting of the year, Finance Commissioner Jodie Gilheany reported in part that she did a calculation on the salary increases that were in the budget passed at the end of the year, and knew she wasn't happy with the 3 percent increase for the non-contractual personnel. The cost of the new CSEA contract with fringes was $17,302 and the cost of the non-cractual increases $15,042; which totals $32,343. "And the only extra money we had in the budget was $25,000. Therefore we have to find a way to make up another $7,300." She indicated she would work up some numbers, and would like the Council to consider increasing the percentage that the employee’s non-contractual pay toward their health insurance and of course the dental plan. "We have to cover this somehow."
Entire article in the January 23, issue of the Express.