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Recent Articles from Courtney Mabeus-Brown
Leidos shakes up C-suite in restructuring
Months after new Leidos CEO Tom Bell hinted at a “new North Star” for the Reston-based Fortune 500 contractor, the company has announced a shakeup of its C-suite and a reorganization. The company solidified the changes Thursday, two days after releasing its third-quarter report, which included revenues of $3.9 billion for the quarter, an increase […]
Northrop Grumman awarded up to $732M for satellite contract
Fortune 500 Falls Church defense contractor Northrop Grumman will build 38 data transport satellites for the U.S. Space Force’s Space Development Agency under a contract valued up to $732 million as the agency builds out a space-based communications network. The work, announced Monday by the agency, falls under Tranche 2 Transport Layer – Alpha, a […]
King George exploring second industrial park
King George County officials are negotiating with two landowners where the county wants to build a new industrial and technology park as it looks for a spot to lure more businesses. The existing 149-acre King George County Industrial Park is full, and there’s nothing to offer economic development prospects there. During the past two years, […]
Scout Space founder has out-of-this-world goals
Eric Ingram wanted two things as a kid: blue hair and to travel to space. As CEO of Alexandria-based aerospace startup Scout Space, Ingram found the freedom to establish his now-trademark electric-blue hair. And it might provide the boost to reach that other goal. Ingram co-founded Scout Space in 2019 while he was furloughed from […]
U.Va. biz school receives $50M donation from alum
A University of Virginia Darden School of Business alumnus and his wife, also a U.Va. graduate, have added $50 million to an earlier gift of $44 million for the business school, which adds up to the largest donation in Darden’s 68-year history. Philanthropists David and Kathleen LaCross made a $44 million donation in October 2022, […]
Northrop Grumman CEO to chair Greater Washington Partnership
Northrop Grumman chair, CEO and president Kathy Warden is adding a new title to her résumé. On Jan. 1, 2024, Warden will officially take over as chair of the Greater Washington Partnership. She will be the first woman, first nonfounder and first CEO of a global company to lead the board for the partnership, a […]
Former Siemens exec charged in Dominion bid-rigging case
A retired Siemens Energy executive is facing a felony charge in an alleged conspiracy to steal its competitor’s trade secrets, helping the German energy company prevail in a winning bid to build a gas turbine “peaker” plant in Chesterfield County for Dominion Energy in 2019. John Gibson, of Winter Park, Florida, was charged in U.S. […]
HII names new VP of engagement, intl. gov relations
Huntington Ingalls Industries has named retired British Army Brig. Gen. Paul Tennant corporate vice president of engagement and international government relations, the Newport News-based shipbuilder announced Wednesday. Tennant will be located in HII’s Arlington office and will work on national security policy and future force capabilities by engaging with think tanks, professional organizations[...]
RTX to sell cyber, intelligence biz for $1.3B amid Q3 slump
RTX has agreed to sell its cybersecurity, intelligence and services business segment for about $1.3 billion and announced a $10 billion stock buyback program Tuesday as it seeks to recover from a manufacturing quality issue in a jetliner engine that has plagued the Arlington County-based Fortune 500 defense and aerospace contractor since the summer. RTX, […]
Richmond-Petersburg pharma coalition wins fed designation
Central Virginia’s pharmaceutical hub received a federal designation that could lead to millions in federal funding in the future, while a 3D printing consortium in the New River Valley and Danville won a $500,000 federal grant, the U.S. Department of Commerce announced Monday. A group of public and private sector partners conducting pharmaceutical research and […]
