Recent Articles from Rich Griset
500K Virginians enrolled in Medicaid since 2019 expansion
The Virginia Department of Medical Assistance Services (DMAS) has announced that more than 500,000 Virginians have enrolled in health coverage since expanded Medicaid eligibility rules took effect in January 2019. Virginia was the only state in nation to experience a reduction in its uninsured rate between 2018 and 2019, the first year of the expanded […]
Virginia has administered 50K+ COVID-19 vaccine doses so far
Having received 285,000 COVID-19 vaccine doses from two manufacturers, Virginia has distributed more than 54,000 doses in the past two weeks. Nationally, there’s been frustration with the vaccine rollout, which has been slower than expected. The Trump administration had pledged that 20 million doses of the vaccine would be administered across the country by the […]
Northrop Grumman awarded $246M contract modification
The Defense Logistics Agency has awarded Falls Church-based Northrop Grumman Corp. a $246.4 million contract modification that adds production pricing for exhaust pipes of the U.S. Air Force’s B-2 bomber aircraft. The award falls under a firm-fixed-price indefinite-quantity contract with four base years plus one five-year option period, according to the Department of Defense. In […]
PAE awarded $152M task orders for military aircraft maintenance support
Falls Church-based PAE has been awarded two new business task orders to support aircraft maintenance with a combined value of up to $151.8 million. The task orders were awarded under the U.S. Air Force Contract Field Team Services indefinite delivery, indefinite quantity services contract, which has a ceiling value of $11.4 billion. Through these awards, […]
Touchstone Bankshares names chief lending officer
Prince George-based Touchstone Bankshares Inc. has named C. Sean Link as its chief lending officer. Link has more than 10 years of senior executive banking experience with a focus on commercial banking, most recently as senior vice president of commercial banking at Truist in Richmond. Link also served as senior vice president of commercial banking […]
Short and … sweet?
Even before the pandemic and ensuing recession took hold in Virginia, 2020 already had the makings for a novel year in the General Assembly. Having won majorities in both houses in the November 2019 elections, Democrats took back full control of the legislature for the first time in a generation. With Gov. Ralph Northam in […]
Rooms to grow
Weaving through the sea of students walking to class and working on the floor in groups, the business faculty at James Madison University’s Zane Showker Hall had a running joke: Getting to their offices each day was akin to an Indiana Jones adventure. It wasn’t that Showker Hall wasn’t a nice place; it was just […]
Shenandoah pushes forward with broadband expansion
Even while getting his teeth cleaned, Michael Keyser can’t escape the topic of broadband expansion. “It’s the only thing they’ll talk about,” the CEO of BARC Electric Cooperative says, recounting a recent discussion with a dental hygienist excited about receiving broadband service. BARC, a member-owned electric utility that serves the Shenandoah Valley, has taken the […]
Northam commits additional $20M to economic recovery fund
Gov. Ralph Northam has allocated an additional $20 million in federal CARES Act funding to assist more than 300 small businesses and nonprofits through the Rebuild VA economic recovery fund. The new funding will meet demand for the Rebuild VA program and fulfill pending grant applications for small businesses and nonprofits that applied before the […]
Richmond city government solicits proposals for resort casino
Richmond has issued a request for qualifications/proposals, the first step in launching a competitive process for bringing a resort casino to the state capital, subject to voter approval. Earlier this year, Gov. Ralph Northam signed legislation allowing five economically challenged cities — including Richmond — to open casinos. Voters in Bristol, Danville, Norfolk and Portsmouth […]