Sign In
Free Newsletter
McLean satellite company to acquire rest of Aireon in $366.7M deal
McLean-based Iridium Communications will acquire the remainder of Aireon, a joint project it started in 2011, for $366.7 million.
Novolex to shut down Henrico County facility, laying off 118
Hilex Poly Co. announced this week that it plans to permanently close its Henrico County facility, laying off 118 workers.
FAA awards $21M to support Virginia airport projects
The Federal Aviation Administration has awarded $21 million in federal funding to support airport infrastructure projects across Virginia
Leidos wins $2.7B contract for hypersonic weapon production
Leidos announced Tuesday that the U.S. Army awarded the company a $2.7 billion contract to help move hypersonic weapons into production.
Proposed Chantilly data center could be powered by fuel cells
Atlanta-based T5 Data Centers proposes a 312,000-square-foot Chantilly data center powered by natural gas fuel cells.
Space analytics firm HawkEye valued at $3.15 billion after NYSE debut
HawkEye 360 raised $416 million in its IPO, achieving a $3.15 billion valuation and reflecting strong investor demand for defense-tech in herndon, Virginia.
Titan America acquires Pa. cement manufacturer, adding 125 employees
Titan America announced last week it has purchased Pennsylvania-based cement manufacturer and aggregates producer Keystone Cement Co.
Veritas Vineyards acquired, family to stay in leadership
Veritas Vineyards in Virginia was acquired by Veritas Legacy Partners, with the founding Hodson family remaining in leadership roles.
Defense contractor Leidos raises 2026 forecast on strong demand
Leidos Holdings raises its 2026 profit and revenue forecast, driven by strong demand for its military intelligence and IT services amid Pentagon stockpile efforts.
Milestone Technologies to lay off 51 in Henrico
Milestone Technologies announced last week that it plans to lay off 51 employees at White Oak Technology Park in Henrico County.
![“We have seen ... a big decline in Virginia [bar exam] test takers between 2012 and 2024, with larger declines than are consistent with the declines in enrollment,” says University of Richmond School of Law Dean Wendy Collins Perdue. Photo courtesy University of Richmond](https://virginiabusiness.com/files/1/2026/04/Perdue_Wendy-200x131.png)
Law firms, schools hope new bar exam stems Virginia talent drain
Virginia law schools face a decline in graduates taking the Virginia Bar Exam, linked to the state's delay in adopting the Uniform Bar Exam until 2028.
Charlottesville, Albemarle region prepare for biotech boost
AstraZeneca’s $4.5 billion investment in Albemarle County is set to create 600 jobs and strengthen Charlottesville’s biotech industry cluster.
