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Recent Articles from Josh Janney
General Dynamics subsidiary wins $1B Navy contract
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 fo[...]
Barkin: Trump policies are creating feelings of instability
Changes in federal government policy have created a sense of instability, Federal Reserve Bank of Richmond President and CEO Tom Barkin said Thursday when discussing the year’s economic outlook. During a lecture at Washington and Lee University in Lexington, he said that at the end of 2024, businesses were “overwhelmingly optimistic” and conditions looked “rosy.” […]
Energy Department extends contract for operator of Jefferson Lab
The Department of Energy announced Thursday that Secretary of Energy Chris Wright has approved a 12-month extension of the contract for Jefferson Science Associates to continue managing and operating the Jefferson Lab in Newport News. Jefferson Science Associates is a limited liability company created by the Southeastern Universities Research Association. Its contract was initially set […]
Dulles-based Nightwing acquires Herndon’s Roka Security
Dulles-based intelligence solutions company Nightwing announced Thursday that it has acquired cybersecurity services company Roka Security, which is based in Herndon. The companies did not disclose financial details in the announcement. Nightwing was previously the cybersecurity and intelligence division for Fortune Global 500 aerospace and defense contractor RTX, previously known as Raytheon Tech[...]
Statewide home sales declined in February
Virginia home sales slowed in February, according to statewide sales data released Tuesday by Virginia Realtors. The trade association reports that there was a pullback in closed sales in February, with 6,129 homes sold statewide. That’s 604 fewer sales than last February — a 9% decrease. “Some of this was likely due to winter weather […]
Virginia Chamber’s DuVal to lead new ITA venture
Newport-News based government contractor ITA International announced Wednesday that Virginia Chamber of Commerce CEO Barry DuVal will be the new president and CEO of ITA Growth Partners, a newly created acquisition company designed to help ITA International expand. ITA International CEO Mike Melo said ITA Growth Partners will officially launch operations on April 1. The […]
JMU introduces next president
James Madison University on Wednesday announced that University of Wisconsin-Eau Claire Chancellor James C. Schmidt will be the next president of Virginia’s fifth largest public university. The university’s board of visitors, who voted to affirm his appointment earlier in the day, announced Schmidt’s selection during a morning ceremony at the university’s Harrisonburg campu[...]
Construction of Virginia’s tallest building slated for April
LS GreenLink USA will begin constructing the tallest structure in Virginia next month. During Old Dominion University’s Maritime and Offshore Wind Conference on Tuesday, LS GreenLink USA’s managing director, Patrick Shim, revealed the company will break ground April 28 on its $680 million-plus offshore wind subsea cable manufacturing facility in Chesapeake, the first of its […]
Emory & Henry names new president
Washington County-based private college Emory & Henry University announced Monday that it was promoting Louise Fincher from interim president to the university’s permanent 23rd president. The university’s board of trustees unanimously selected Fincher as president during its spring board meeting. Fincher has more than 30 years of experience in higher education and health care. R[...]
Luna Labs to expand Charlottesville operations
Product development company Luna Labs USA is investing $200,000 to expand its operations in Charlottesville, creating 20 new jobs. The Charlottesville-headquartered technology company works with companies and government agencies to address complex challenges in defense, industrial and health care markets. The company brands some of its products as Luna Labs, while others may be licensed […]
