Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

PAR Technology subsidiary wins U.S. Navy contract award of nearly $14 million
ROME, N.Y. — The U.S. Navy has awarded Rome Research Corp. (RRC) a $13.6 million contract for services at a facility in Italy. Rome Research

SCRIBA, N.Y. — Exelon Generation (NYSE: EXC) has agreed to assume ownership and management of operations of Entergy Corp.’s (NYSE: ETR) James A. FitzPatrick nuclear-power

Health-insurance rates in New York’s small-group market to rise by more than 8 percent in 2017
ALBANY, N.Y. — Insurance regulators have approved an average 8.3 percent increase in health-insurance premiums in the Empire State’s small-group market in 2017, the New

PAR Technology unit wins federal contract award of nearly $14 million
ROME, N.Y. — Rome Research Corp. will use a $13.8 million contract award to provide operations and maintenance support for the Washington, D.C.–based Broadcasting Board

People news: Rome Memorial Hospital hires West as risk manager
ROME, N.Y. — Rome Memorial Hospital announced it has appointed Kristin West as its risk manager. The job entails analyzing processes to identify areas for

Lockheed Martin to rename business unit that includes Salina, Owego plants
Lockheed Martin Corp. (NYSE: LMT) plans to rename its business area that operates plants in Salina and Owego. The unit, which is currently called mission

Fournier to remain KeyBank’s CNY market president following First Niagara acquisition
SYRACUSE, N.Y. — Stephen Fournier will continue serving as KeyBank’s Central New York market president and regional retail sales leader following the bank’s acquisition of

People news: Ithaca/Tompkins County CVB hires Coleman as VP of tourism
ITHACA, N.Y. — The Ithaca/Tompkins County Convention and Visitors Bureau (CVB), a division of the Tompkins County Chamber of Commerce, announced that it has hired

New York State to invest $5 million in drone industry in Upstate
New York State plans to invest $5 million to “support and grow the emerging” unmanned-aerial systems (UAS) industry in Upstate. Unmanned-aerial systems are also referred

PSC approves New York’s clean-energy standard with ratepayer subsidy to keep nuclear plants open
ALBANY, N.Y. — The New York State Public Service Commission (PSC) approved New York’s clean-energy standard, a decision that the IBEW union contends will keep
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.