Sign In
Free Newsletter
Recent Articles from Katherine Schulte
Hampden-Sydney College receives three donations totaling $12.25M
Hampden-Sydney College has received donations of $11 million, $1 million and $250,000 in support of its science programs and science center under construction, the college announced Thursday. “While the college has emphasized the sciences since its founding, the need for a state-of-the-art science facility and for all Hampden-Sydney students to graduate with a high degree […]
ManTech to acquire D.C. tech firm for $350M
Herndon-based tech contractor ManTech International Corp. announced Monday that it has signed a definitive agreement to acquire Washington, D.C.-based Gryphon Technologies from Boca Raton, Florida-based AE Industrial Partners for $350 million. Gryphon Technologies provides digital and systems engineering capabilities for U.S. Department of Defense agencies, including predictive analytics, data sci[...]
George Mason University launches Race, Politics, and Policy Center
George Mason University’s Race, Politics, and Policy Center launched Monday. American philosopher, author and political activist Cornel West will be its inaugural spring lecturer on April 14. GMU’s Schar School of Policy and Government professor Michael Fauntroy founded the center after returning to GMU from Howard University this year. The center will advance student learning, [&helli[...]
Joint venture with BWXT subsidiary wins potential $21B DOE contract
A team including a subsidiary of Lynchburg-based nuclear components and fuel supplier BWX Technologies Inc. (BWXT) won a U.S. Department of Energy contract with an estimated ceiling of $21 billion, the supplier announced Thursday. The DOE’s Office of Environmental Management awarded the 10-year Savannah River Site Integrated Mission Completion Contract to Savannah River Mission Completion [&[...]
BAE Systems makes splash with potential $478M Navy contract
Arlington-based defense contractor BAE Systems Inc. has won a U.S. Navy contract worth up to $478 million if all options are exercised, the company announced Oct. 27. Under the five-year Systems Engineering and Integration Support Services contract, BAE Systems will continue supporting the U.S. Navy Strategic Systems Programs (SSP) office. The SSP oversees the Strategic […]
Richmond apartment building sells for $27M
A 157-unit apartment building in Richmond sold for $27.25 million, Minneapolis, Minnesota-based real estate broker NorthMarq announced Wednesday. Located at 308 N. Nansemond St., the three-story property known as The Gallery Midtown was built in 1938. The previous seller, Richmond-based Spy Rock Real Estate Group, renovated the building. Provo, Utah-based developer Peak Capital Partners bought [&h[...]
Shenandoah Community Capital Fund to get $1M as part of federal program
The Shenandoah Community Capital Fund (SCCF) will receive $1 million in American Rescue Plan funding as part of the Community Navigator Pilot Program, the U.S. Small Business Administration announced Thursday. The program is an initiative meant to reduce barriers that small businesses, especially those owned by veterans, women, people from rural communities and communities of […]
Altria names two new board members
Henrico County-based Altria Group Inc. announced the elections of two board members Wednesday and its third quarter earnings Thursday. Marjorie M. Connelly and R. Matt Davis joined Altria’s board of directors. “Both Marge and Matt bring a tremendous amount of senior-level public company experience,” Altria Board Chair Kathryn McQuade said in a statement. “I believe […]
Fluence launches IPO that could raise $868M
Fluence Energy Inc., an Arlington-based energy storage and digital application company owned by Siemens and AES Corp., launched its initial public offering (IPO) of 31 million shares of Class A common stock Thursday at $28 per share. The company is trading on the Nasdaq Global Select Market under the ticker symbol “FLNC.” As of 3:55 […]
UVA Community Health names interim CEO
Erik Shannon will become the interim CEO of University of Virginia Community Health on Nov. 5, the network announced Thursday. UVA Community Health is a network of outpatient services across Culpeper and Northern Virginia, with UVA Culpeper Medical Center, UVA Haymarket Medical Center and UVA Prince William Medical Center. Shannon was most recently a partner […]
