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Recent Articles from Courtney Mabeus-Brown
HII’s Mission Technologies receives $995M contract
Newport News-based Huntington Ingalls Industries Inc.’s Mission Technologies division has received a $995 million contract to advise and assist the U.S Air Forces in Europe-Air Forces Africa, the company announced Wednesday. The indefinite delivery, indefinite quantity, multiple-award contract has a one-year base and four one-year option periods. Under the contract, HII’s McLean-based [...]
Hampton Roads shipyards receive nearly $1B in Navy contracts
The Pentagon has announced nearly $1 billion in Navy contracts for work on vessels in Hampton Roads. Under one contract, valued at $847 million, Reston-based General Dynamics Corp.’s Norfolk-based shipyards will support emergent work, continuous maintenance, pre-refueling complex overhaul availabilities, ship terminal offload program availability and scheduled work on aircraft carriers in th[...]
Va. to establish trade office in Taiwan
Virginia will establish a trade office in Taipei, Taiwan’s capital, Gov. Glenn Youngkin announced Monday morning after meeting with that country’s president, Tsai Ing-wen. Youngkin’s meeting with Taiwan’s president came during the governor’s first international trade mission, during which he will also stop in Seoul, South Korean and Tokyo throughout the remainder of A[...]
Capital Square names new SVP, product specialist
Stuart Bahnmuller has joined Glen Allen-based real estate company Capital Square as the firm’s senior vice president and registered product specialist to lead a national sales team for wealth managers and registered investment advisers, Capital Square announced Thursday. “For decades, alternative investments have been the staple of independent broker-dealers and their registered representa[...]
Raytheon wins $308M contract for Navy destroyer work
Arlington-based Raytheon Technologies Corp.’s Missiles & Defense business has received a $308.4 million contract modification for combat systems work on the Navy’s Zumwalt-class guided-missile destroyers, the Pentagon announced Wednesday. Work includes combat system installation, integration, development, testing, correction, maintenance and modernization of Zumwalt-class mission s[...]
Boeing lands $313.4M Super Hornet life extension contract
Arlington-based Boeing Co. has received a $313.4 million contract modification to upgrade and extend the service life of 25 Navy Super Hornet jet fighters, the Pentagon announced Wednesday. The contract includes non-recurring engineering, system engineering program management and Block III avionics upgrades to extend the service life up F/A-18 E/F Super Hornets from 6,000 flight […]
VCU to open $125M STEM building next week
Virginia Commonwealth University will open its $125 million College of Humanities and Sciences’ 168,000-square-foot STEM building during a ribbon cutting scheduled next week. The six-floor building, located at 817 W. Franklin St. in Richmond, will expand lab, classroom and office space for the college, which is home to 17 departments, two schools and three programs. […]
Raytheon receives $237M Army contract
Arlington-based Raytheon Technologies Corp. has received a $237 million Army contract to help the service detect and defeat unmanned aircraft with sensors and drones, the company announced Wednesday. The contract includes a combination of fixed-site and mobile systems, including the company’s Ku-band Radio Frequency Sensor and Ku720 mobile sensing radar, as well as its Coyote […]
Chesapeake industrial building goes for $1.4M
AG Wraps Inc. has purchased a 11,200-square-foot industrial building in Chesapeake for $1.4 million, Cushman & Wakefield | Thalhimer announced Monday. The building, at 913 Business Park Drive, is on 1.05 acres, and it was purchased from Allen V. Alewine. The company installs short- and long-term vinyl graphics for vehicles and has other locations in […]
Chesterfield business center building sells for $1.36M
Six Bees II LLC has purchased a 10,680-square-foot office and warehouse building in Chesterfield County‘s Branchway Business Center for $1.36 million. Six Bees II, which is affiliated with CK Bosworth Construction, purchased the building from 1321 Business Center Drive LLC, and the company will occupy half of the building to accommodate its growing commercial construction […]
