Sign In
Free Newsletter
Recent Articles from Katherine Schulte
Jim Price Auto Group sells last dealership
Charlottesville-based Jim Price Auto Group has sold its Chevrolet dealership — its final franchise — to Malloy Auto Group. Financial terms of the transaction were not disclosed. Price Chevrolet is located on more than 10 acres on Seminole Trail in Charlottesville, according to a Tuesday news release from auto dealer sell-side adviser Kerrigan Advisors, which […]
Bon Secours VP named American Diabetes Association board chair
Rhodes B. Ritenour, Bon Secours’ Richmond market vice president for external and regulatory affairs, is the 2024 board chair of the American Diabetes Association, the Arlington County-based nonprofit announced Thursday. A former deputy state attorney general, Ritenour has lived with type 1 diabetes since age 5 and served as chairman of the association’s board in […]
SAIC lands $375M Navy contract
Science Applications International Corp. has won a $375 million U.S Navy contract supporting the Naval Information Warfare Center Atlantic, the Reston-based Fortune 500 federal contractor announced Tuesday. Under the five-year contract, SAIC will provide Command, Control, Communications, Computers (C4) Intelligence, Surveillance and Reconnaissance (ISR) fielding and integration on land-based vehic[...]
Groundworks hires CFO
Groundworks has hired Michael Mullican as its chief financial officer, the Virginia Beach-based foundation and water management solutions company announced Wednesday. Mullican will succeed Stephen Fry, who is retiring at the end of March. Mullican was previously president and CFO of sporting goods retailer Academy Sports + Outdoors, which is headquartered in a suburb of […]
Amyx announces new COO
Amyx has appointed Rick Schult as its new chief operating officer, the Reston-based federal contractor announced Monday. Schult will manage more than 600 employees. He succeeds John Selman, who served as COO since 2021. Amyx announced Selman’s retirement on Thursday. Schult joins Amyx from QinetiQ US, where he was most recently executive vice president for […]
Three Norfolk retail buildings sell for $3.3M
Three retail buildings on a portion of a site used for commercial auto sales and service in Norfolk sold for $3.3 million on Dec. 22, 2023. Michael Sifen Inc. purchased an approximately 5.39-acre portion of 7520 N. Military Highway from Freedom Industrial. The site includes a roughly 30,188-square-foot building, a two-story, roughly 3,030-square-foot building, and […]
Virginia Beach retail building sells for $5.5M
A retail building in Virginia Beach sold for $5.5 million on Dec. 18, 2023. Located at 5169 Virginia Beach Blvd., the freestanding retail building is 59,162 square feet, and the plot of land is almost 136,999 square feet, according to city property records. The current tenant is a Havertys Furniture store. 5169 VB BLVD LLC […]
8-story office building in Fairfax County sells for $9.5M
An eight-story office building in Fairfax County sold for $9.5 million on Dec. 19, 2023. Located at 4035 Ridge Top Road, the Crown Ridge at Fair Oaks is a 194,699-square-foot Class A office building near the intersection of U.S. Route 50 and Interstate 66. The previous owner recently completed a $1.1 million upgrade, including a […]
U.Va. receives $5M donation for business ethics professorship
The former president and CEO of Canadian Tire Corp. and his wife have committed $5 million to establish a University of Virginia Darden School of Business professorship focused on business ethics. U.Va. President Jim Ryan announced the donation by Stephen and Phyllis Bachand to the Darden School Foundation on Dec. 19, 2023. The university will […]
RTX subsidiary wins $345M Air Force contract
Raytheon, a subsidiary of Arlington County-based aerospace and defense contractor RTX, won a $344.6 million U.S. Air Force contract modification, the Department of Defense announced Friday. Raytheon will produce more than 1,500 StormBreaker smart weapons, which are air-to-surface, network-enabled weapons that can engage moving targets in all weather conditions, according to a RTX news release. [&h[...]
