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Recent Articles from Katherine Schulte
Leidos wins $631M Army contract
Leidos has received a $631 million U.S. Army contract for life-cycle support of aerial sensors, the Reston-based Fortune 500 contractor announced Tuesday. Under the Development, Integration, Acquisitions, Bridging to Logistics and Operations (DIABLO) contract, the company will provide equipment for the next 10 years. Leidos will develop, acquire, field and provide life-cycle support to aerial [&he[...]
Leidos receives potential $206M NGA contract
Leidos has won a contract valued up to $206 million from the National Geospatial-Intelligence Agency, the Reston-based Fortune 500 contractor announced Wednesday. Under the single-award, indefinite-delivery, indefinite-quantity contract, dubbed Maru, Leidos will sustain and modernize geospatial processing for the NGA’s Exploitation Services Program. The contract extends existing software ser[...]
Virginians bet $635M on sports in March
Virginians wagered $635.59 million on sports in March, 24.2% more than March 2023, according to Virginia Lottery data released Wednesday. March’s handle was a 16.6% increase from the $545 million Virginians bet in February. Virginia bettors won almost $588 million in March and approximately $495 million in February. “Virginia bettors came back full throttle after […]
EY taps 14 Virginians as Mid-Atlantic Entrepreneur of the Year finalists
Fourteen Virginia business leaders are among the 30 finalists for Ernst & Young’s 2024 Mid-Atlantic Entrepreneur of the Year award. EY announced the finalists, selected by a panel of independent judges, on April 22. The Big Four professional services company will name the regional awards winners on June 15. The Virginia finalists include: Anil Sharma, […]
Clear waters
After receiving its final federal approvals in January, Dominion Energy’s $9.8 billion Coastal Virginia Offshore Wind project remains on track for completion in late 2026, at which point the 2.6-gigawatt project could power up to 660,000 homes. “CVOW is on budget, on time, and we’re gearing up for construction and excited about getting it to […]
Spies in the sky?
High-level federal concerns over Chinese-made ship-to-shore cranes ramped up in February after President Joe Biden issued an executive order addressing cybersecurity and espionage risks the cranes pose at U.S. ports. Then in early March, a congressional investigation revealed cellular modems had been found on some Chinese crane components at a U.S. port and a modem […]
The insiders
The new leadership of The Martin Agency, a nationally prominent Richmond-based ad agency that counts GEICO and UPS among its clients, isn’t so new. Danny Robinson, who has been with the 400-person agency for 20 years and served as chief creative officer for the last three, succeeded Kristen Cavallo as Martin’s CEO this year, but […]
Visit Alexandria appoints next president and CEO
A veteran tourism marketing executive from California, Todd O’Leary, will be Visit Alexandria’s new president and CEO, effective July 8, the tourism marketing organization announced Monday. Visit Alexandria’s board of governors has appointed O’Leary to succeed Patricia Washington, who announced her plans to retire in December 2023. Washington will lead the organization thro[...]
Google investing $1B in Va. data center campuses
Google is investing $1 billion in expanding its Virginia data center campuses this year and is launching a $75 million Google.org AI Opportunity Fund, one of Google’s top executives and Gov. Glenn Youngkin announced Friday at Google’s Reston office. “Today is a great day. We’ve got a $1 billion investment in the commonwealth that we’re […]
Wilbanks Smith and Thomas acquired
Norfolk-based Wilbanks Smith and Thomas Asset Management has been acquired by Cleveland-based registered investment adviser Clearstead Advisors. The companies signed the merger in February 2024. Financial terms of the acquisition, which closed April 1, were not disclosed. Clearstead rebranded WST’s advisory business as Clearstead Advisory Solutions, a division of Clearstead Advisors. A wealt[...]
