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Recent Articles from Kate Andrews
NoVA CEO to be nominated for U.S. Navy secretary
Carlos Del Toro, president and CEO of Alexandria-based defense contractor SBG Technology Solutions, will be nominated to become secretary of the U.S. Navy, President Joe Biden announced Friday. If confirmed by the U.S. Senate, Del Toro will be the second Latino man to serve as head of the U.S. Department of the Navy, after Edward […]
State sees historic 66.2% General Fund revenue increase in May
The state’s General Fund revenue rose 66.2% in May 2021 compared with May 2020, Gov. Ralph Northam announced Friday, the largest increase in more than 50 years. He also announced the appointment of the state’s new secretary and deputy secretary of finance. May is usually a big month for revenue collections due to the state’s […]
State program would incentivize new workers with up to $1,000
To combat Virginia’s tight labor market, the state plans to invest $3 million in a program to provide new employees of qualifying small businesses with up to $1,000 to support their transition back into the workforce, Gov. Ralph Northam announced Friday. The Virginia Return to Earn grant program will match up to $500 from eligible […]
CarLotz expanding HQ in Richmond, adding 192 jobs
CarLotz, the nation’s largest consignment-to-retail used vehicle business, plans to expand its headquarters in the city of Richmond, creating 192 jobs, Gov. Ralph Northam announced Friday. To accommodate recent growth, the company will relocate from the city’s Manchester neighborhood to Scott’s Addition. CarLotz was founded 10 years ago in Richmond and went public in 2020 [&helli[...]
Parsons to purchase BlackHorse Solutions for $203M
Centreville-based Parsons Corp. announced Thursday it has entered into a definitive agreement to acquire Herndon-headquartered BlackHorse Solutions Inc. for $203 million. The transaction is expected to close in July. BlackHorse, founded in 2018, works in the areas of cyber, digital operations, artificial intelligence, machine learning and full-spectrum operations, and Parsons plans to integrate th[...]
SAIC wins $126M Army task order
Reston-based Fortune 500 government contractor Science Applications International Corp. (SAIC) was awarded a $126 million, single-award task order to research and develop modeling and simulation enhancements for the U.S. Army Combat Capabilities Development Command Ground Vehicle Systems Center in Michigan, the company announced Thursday. Under the five-year task order from the Department of Defen[...]
Sorry, Pittsburgh! StarKist Co. relocating HQ to Reston in 2022
StarKist Co. is moving its corporate and administrative headquarters from Pittsburgh to Fairfax County, Gov. Ralph Northam announced Thursday. The seafood and chicken company, a subsidiary of Dongwon Industries Co. Ltd., plans to occupy space in a Reston office building, creating 83 jobs by spring 2022. “Virginia is home to a diverse ecosystem of more […]
New, continued jobless claims maintain decline in Va.
Virginia’s unemployment claims, both initial and continued, fell again last week, continuing the positive trend of the last few weeks, the Virginia Employment Commission reported Thursday. For the filing week ending June 5, 7,210 people filed new unemployment claims, a decrease of 880 claims since the previous week. Continued claims totaled 50,261 last week, a […]
Lyon Shipyard plans $24.4M expansion, adding 119 jobs
Norfolk’s Lyon Shipyard plans to expand its operation, investing $24.4 million and creating 119 jobs, Gov. Ralph Northam announced Wednesday. The 93-year-old ship repair and industrial service provider plans to build a new marine travel lift and a larger waterfront dry dock on the Elizabeth River. Virginia competed for the project with North Carolina, according […]
U.Va. names new medical school dean
The University of Virginia has named Dr. Melina R. Kibbe the next dean of its medical school and chief health affairs officer for UVA Health, the university announced in a news release Wednesday. Kibbe, who starts her new position Sept. 15, is the Colin G. Thomas Jr. Distinguished Professor and chair of the Department of […]
