A Connecticut-based subsidiary of Reston-headquartered Fortune 500 contractor General Dynamics was recently awarded a $1 billion contract modification from the U.S. Navy to purchase long lead time materials for Virginia-class Block VI submarines. The subsidiary, General Dynamics Electric Boat, announced the award on Tuesday. The company designs, builds, repairs and modernizes nuclear submarines for the […]

Martinsville-based Hooker Furnishings announced this week that it will end operations at its Savannah, Georgia, warehouse as part of a consolidation effort. “Our decision to exit our Savannah distribution facility was not taken lightly,” Hooker Furnishings CEO Jeremy Hoff said in a statement. “We deeply appreciate the hospitality and support received from the state of […]

The owners of an Alexandria Goddard School, an early childhood learning franchise, plan to open a second location in the city in a 20,000-square-foot building that started out as a roller-skating rink and was later home to a laser tag arena. The private preschool will take up 75% of the building at 5508 Franconia Road […]

Financial markets have been remarkably resilient this year, with various stock indexes notching new record highs, even as a dizzying number of headlines from Washington, D.C., seem poised to whipsaw investors. Uncertainty persists about how the economy — and, by virtue, financial markets — will fare, given President Donald Trump’s moves to aggressively slash federal […]

U.S. Sen. Tim Kaine, Virginia’s junior Democratic senator, feels strongly that Canada doesn’t pose a national security threat to the United States — a contrast to President Donald Trump, who has threatened the Great White North with tariffs as retaliation for what he says are insufficient efforts at keeping drugs from coming across its border. […]

Vienna-based space-focused data and analytics company Spire Global has appointed Alison “Ali” Engel as its new chief financial officer, effective April 1. Engel brings nearly two decades of CFO experience, most recently serving in that capacity for LeaseAccelerator from 2023 to 2024. Before that, she was CFO and treasurer of media company Gannett from 2015 […]