Eli Lilly to invest $5B in Goochland plant, creating 650 jobs

A BWX Technologies subsidiary was awarded a $1.5 billion contract from the National Nuclear Security Administration to help the United States establish domestic uranium enrichment capability for defense, the Lynchburg-based nuclear components manufacturer announced Tuesday. Under the indefinite-delivery, indefinite-quantity contract, BWXT Enrichment Operations will design, build and operate the Domestic Uranium Enrichment Centrifuge Experiment (DUECE) […]

Performance Food Group has entered into an agreement with US Foods to begin sharing information, hinting at a possible merger.

Housing inventory and sold prices rose last month in Northern Virginia, Hampton Roads and Central Virginia, but home sales declined in Hampton Roads.

NEW YORK (AP) — StubHub received a lackluster reception on Wall Street Wednesday. The ticket marketplace’s stock fell 6.4% from its initial public offering price of $23.50 per share on its first day of trading. The company’s shares are trading on the New York Stock Exchange under the symbol “STUB.” StubHub offered just over 34 […]

CAPE CANAVERAL, Fla. (AP) — A newly launched supply ship has run into engine trouble that is preventing it from reaching the International Space Station. Northrop Grumman’s capsule rocketed into orbit Sunday from Florida aboard SpaceX. But less than two days later, the capsule’s main engine shut down prematurely while trying to boost its orbit. The Cygnus capsule was supposed […]

Reston-based Ellucian has hired Lisa Gilley as chief legal officer, the higher education tech company announced Wednesday. She succeeds Jim Bennett, who is retiring after 35 years with Ellucian. Gilley will report directly to Ellucian President and CEO Laura Ipsen and will lead the company’s global legal function, supporting strategic initiatives for the company’s long-term […]