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RTX subsidiary wins $1B Army contract
The Army has awarded Raytheon a $1.025 billion contract modification to support production of the Lower Tier Air and Missile Defense Sensor.
Danville’s River District Association has new leader
Tina Leone has been named executive director of Danville’s River District Association, succeeding Diana Schwartz.
Amazon axes 16,000 jobs as it pushes AI and efficiency
Amazon confirmed 16,000 corporate job cuts, bringing total layoffs to 30,000, as CEO Andy Jassy pushes to reduce bureaucracy.
Developer unveils mixed-use project at Arlington’s former Key Bridge Marriott site
Quadrangle Development unveiled plans to develop a 1,775-unit residential project with a hotel on a 5.5-acre property in Rosslyn.
Alaska Airlines orders 110 Boeing planes for expansion plan
Alaska Airlines is ordering 110 new Boeing planes, the largest single order in the airline's history, the carrier said Wednesday.
Avio USA picks Virginia for $500M solid rocket motor factory
Avio USA plans a Virginia solid rocket motor facility, committing up to $500 million to expand U.S. aerospace and defense production.
Arlington defense tech firm reaches unicorn status
Govini, an Arlington County defense tech contractor, has joined the unicorn ranks with a $1.25 billion valuation.
HEARD AROUND VIRGINIA: December 2025
McLean government tech contractor BigBear.ai announced in early November it has entered into a definitive agreement to acquire Warren County startup Ask Sage for $250 million. Ask Sage is a fast-growing, secure generative artificial intelligence platform tailored for defense and national security. BigBear.ai expects the acquisition to close in the late fourth quarter of 2025 […]
Raytheon joint venture wins $1.25B Israeli Iron Dome contract
Raytheon-Rafael Protection Systems has been awarded a $1.25 billion contract to supply Israel with Tamir surface-to-air missiles.
Scale AI to open Crystal City office in December
Scale AI will relocate from Washington, D.C., to Crystal City, opening a 22,000-square-foot office as part of a national expansion.
Touhill leaving Arlington Economic Development
Arlington Economic Development Director Ryan Touhill is leaving AED, the Arlington Chamber of Commerce confirmed Thursday.
Leonardo DRS CEO to retire; successor named
William J. "Bill" Lynn III will retire as chairman and CEO of Arlington defense contractor Leonardo DRS at the end of the year, with Chief Operating Officer John Baylouny named as his successor.
