Recent Articles from Josh Janney
$1.64B CACI defense contract paused after Accenture protest
Following a protest by Accenture Federal Services, the Government Accountability Office has paused a $1.64 billion defense contract awarded to Reston-based Fortune 500 government contractor CACI International. On Aug. 11, the Department of Defense — which President Trump recently rebranded as the Department of War by executive order, pending congressional authorization for a formal name [&hellip[...]
Fed’s Fifth District sees modest growth
The Federal Reserve’s Fifth District saw its economy grow modestly in recent weeks, according to the latest edition of the Fed’s Beige Book.
Kettler names president of development
Real estate developer Kettler announced on Monday that real estate executive James Nozar has joined the firm as president of development
Arlington pays Amazon HQ2 incentives for first time
For the first time since approving Amazon’s HQ2 incentive package, Arlington County will finally pay Amazon a check — more than $81,000.
Zephyr AI taps new CEO
McLean-based health care tech startup Zephyr AI announced last week that it has appointed Allen Chao as its new CEO.
Amazon to build $16M+ distribution center in Amherst
Amazon.com Services has selected Amherst County for the site of a new 78,000-square-foot distribution facility.
Retired Coast Guard captain is new Christopher Newport biz school dean
Anna W. Hickey, a retired U.S. Coast Guard captain, will become dean of CNU’s Joseph W. Luter III School of Business.
Virginia nursing homes sue state over Youngkin budget veto
Over 180 Virginia nursing homes are suing the state after Gov. Glenn Youngkin vetoed a budget provision to increase Medicaid payments.
Hitachi Energy to invest $457M in Virginia expansion
Hitachi Energy announced Thursday it will invest $1 billion to expand its U.S. grid infrastructure manufacturing, with roughly half of that investment going into Virginia, where it plans to add 825 jobs. The electrical equipment manufacturer will invest $457 million to build the nation’s largest manufacturing site for large power transformers in South Boston, Hitachi […]
TowneBank completes $203M acquisition of Old Point
TowneBank has closed its $203 million acquisition of Hampton-based Old Point National Bank of Phoebus and its parent company.