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Recent Articles from Jason Roop
Labor market recovery slowed during early February
Labor market recovery slowed during the week of Feb. 7 through Feb. 13, according to Virginia Commonwealth University and Arizona State University economists. Between early January and early February, employment held constant at 68.6%, which is 5.2% lower than it was in February 2020, according to the Real-Time Population Survey conducted by Virginia Commonwealth University […]
Alexandria firm names chief information officer
Alexandria-based ST Engineering North America Inc. has hired Gunjan Goel as its chief information officer. With more than 20 years of experience, he most recently served as senior vice president of information technology at tech company Cobham. A defense contractor, ST Engineering North America specializes in maintenance, repair and overhaul (MRO) services for the aviation […]
Fairfax tech company names chief technology officer
Fairfax-based tech company Pyramid Systems announced Wednesday it has hired Kevin Worley as chief technology officer and head of technology operations. With more than 20 years of technology experience, Worley most recently served as vice president of solutions for digital transformation for Reston-based defense contractor Science Applications International Corp. In his new role, he will […]
Arlington firm buys two global training companies
Arlington-based security government services firm IDS International announced Wednesday it has acquired Arlington-based global training companies DECO and GovSource. Financial terms of the transactions were not disclosed. DECO provides global training and technical services while GovSource provides military and law enforcement training to the U.S. government. IDS provides training and technica[...]
KTGY Architecture + Planning names director of production in Tysons
KTGY Architecture + Planning announced Thursday it has promoted Adam Hale as director of production in its Tysons office. Hale will oversee all phases of the construction process at the full-service design firm, which focuses on residential and mixed-use developments. He has more than 15 years of experience in multifamily design and construction. Hale earned […]
Calif. company buys Progeny Systems division for $30M
Simi Valley, California-based unmanned aircraft systems (UAS) company AeroVironment announced Wednesday it has acquired Manassas-based Progeny Systems Corp.’s Intelligent Systems Group (ISG) for $30 million in an all-cash transaction. ISG develops artificial intelligence-enabled computer vision, machine learning and perceptive autonomy technologies for the Department of Defense and intelligence [...]
$8.5M parcel in Spotsylvania to be used for Veterans Affairs clinic
Nearly 50 acres of land along Route 1 and Interstate 95 in Spotsylvania County has sold for $8.5 million, Cushman & Wakefield | Thalhimer announced Wednesday. The 48.75-acre parcel will be used to develop one of the nation’s largest Veterans Affairs facilities, according to Cushman & Wakefield | Thalhimer. Carnegie Management and Development Corp. will […]
Huntington Ingalls promotes three VPs
Newport News-based Huntington Ingalls Industries announced Wednesday three promotions in its technical solutions division. Grant Hagen has been promoted as vice president of business operations; Jaime Orlando has been promoted as vice president of communications; and Chris Walton has been promoted as vice president of information technology. They will all assume their positions March 1 […]
Charlottesville construction software company acquired by Neb. firm
Omaha, Nebraska-based construction management software company Buildertrend announced Wednesday it has acquired Charlottesville-based CoConstruct, a similar software company. Financial terms of the transaction were not disclosed, but the two businesses in 2020 served a combined 23,000 clients and more than 1.1 million users, representing more than $200 billion in annual construction projects. The [...]
Va. saw nearly 20% drop in initial jobless claims last week
Initial jobless claims filed last week fell 19.8% from the previous week, according to figures released Thursday by the Virginia Employment Commission but continued claims slightly increased. During the week ending Feb. 20, 11,944 Virginians filed initial unemployment claims, compared to 14,901 from the week prior. Last week, 64,575 Virginians remained unemployed; that represents 42,082 [&hellip[...]
Aging office parks embrace multifamily
A weekday lunch hour is relatively quiet on the grounds of the Boulders office park, south of Richmond, except for a few people chatting during a walk around a lake and the honking of two geese skimming the water. Overlooking that lake are gray and white apartments recently built from scratch on vacant land — 250 […]
Dark fiber optic network coming to NoVa
A new 680-mile, regional fiber optic network will begin to take shape in Northern Virginia during the second half of 2021. The project is a joint venture between Annandale-based Tenebris Fiber, Kansas-based Diode Ventures and New York-based JLC Infrastructure. Construction on the new dark fiber network will begin later this year, the companies said, starting […]
CounterFlow AI names new CEO
Charlottesville-based CounterFlow AI has named its chief product officer, Bill Cantrell, as CEO effective April 2, the network security firm announced today. Cantrell will succeed Randy Caldejon, who co-founded the company in 2017 and will continue as its executive chairman and vice president of engineering. Caldejon, whose Crozet Coffee Co. was acquired by Grit Coffee […]
Richmond supports restaurants with ‘Picnic in a Parklet’
Two Richmond restaurants will see their on-street parking lanes become outdoor dining areas this week to serve customers, spark business and encourage safer and socially distanced spaces. The dining areas are part Richmond city government’s “Picnic in a Parklet” pilot program, a partnership between the city and downtown booster Venture Richmond, according to a March […]
Va. finalizes $3.7B rail expansion agreement
Virginia will have more train service in the next decade, as Gov. Ralph Northam announced Tuesday the formalization of a $3.7 billion rail expansion package in Virginia, the tenets of which were announced in late 2019. The state signed agreements with Amtrak, CSX and Virginia Railway Express at a ceremony Tuesday. According to the governor’s […]
Volkswagen Group of America pulls ‘shocking’ April Fools’ prank
Calling it a “public declaration” of its priority on electric vehicles, Herndon-based Volkswagen Group of America Inc. unveiled a new company name, Voltswagen of America, accompanied by new branding, in a news release Tuesday. There was just one problem — the U.S. sales arm of the German automaker confirmed to news outlets Tuesday evening that […]
Pittsylvania truck sales company plans $5.2M expansion
Chatham-based J&J Truck Sales Inc. will build a 45,000-square-foot facility off U.S. Highway 29 in Pittsylvania County, Gov. Ralph Northam announced Monday. The $5.2 million project, adjacent to the company’s existing operation, is expected to create 27 jobs and increase its ability to repair, refurbish and fabricate automotive-based equipment. Virginia beat South Carolina for the […]
Super Radiator Coils announces $9M expansion in Chesterfield
Super Radiator Coils will hold a shovel ceremony April 12 to mark the third expansion of its manufacturing facility in northern Chesterfield County — a $9 million project that will add 56,000 square feet and up to 50 jobs, according to a company announcement Monday. The company employs around 210 people at its plant on […]
IFS purchases Axios Systems
Global enterprise software company IFS announced last week that it had agreed to buy Axios Systems PLC, a Scottish IT company whose North American headquarters is located in Herndon. Terms of the acquisition, expected to be complete in the second quarter, were undisclosed. IFS said March 22 that its acquisition of Axios, which provides cloud-based […]
Accenture Federal Services lands $453M VA contract
Arlington-based Accenture Federal Services has won a $453 million contract from the U.S. Department of Veterans Affairs to modernize and improve G.I. Bill claims processing for veterans, service members and their families, announced March 29. The seven-month contract, which includes nine one-year options, is part of legislation intended to improve the speed and accuracy of […]
