Floyd was killed during an inmate uprising at the James T Vaughn Correctional Facility one year ago.
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"It wasn't until Lt. Floyd's death that the rest of us truly understood what it meant to be a correctional officer, to really understand that you face danger every day all day long," Governor John Carney said.
A memorial plaque for Sgt. Floyd was unveiled during the ceremony. Floyd was posthumously promoted to lieutenant.
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Carney also took time to thank all corrections officers for the dangerous work they do each and every day.
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