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Home>Sydney Lake

Sydney Lake

Recent Articles from Sydney Lake

News September 22, 2020

McLean contractor wins $87M Navy contract

The U.S. Navy awarded McLean-based defense contractor Alion Science and Technology Corp. an $87 million contract to provide special projects and operational training support, the company announced Monday. Under the five-year Department of Defense Information Analysis Center multiple award contract, Alion will perform research, systems engineering, analysis, design, testing, prototyping, technology[...]

Michael Sabel. Photo courtesy Venture Global LNG
People September 22, 2020

Arlington-based natural gas provider announces leadership changes

Arlington-based liquefied natural gas producer Venture Global LNG Inc. announced Monday corporate governance changes in which founders, co-Chairmen and co-CEOs Robert Pender and Michael Sabel will split their roles.  With approval of the board of directors, effective Oct. 1, Sabel will assume the role of CEO and Pender will become executive co-chairman, a new officer […]

News September 21, 2020

SAIC wins $752.7M Army task order

The U.S. Army awarded Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) a $752.7 million task order to provide intelligence support services for the branch, according to a Sept. 4 System for Award Management (SAM) notice. The General Services Administration’s Federal Acquisition Service received four offers for the task order, according to the [&hell[...]

News September 21, 2020

Roanoke regional accelerator receives nearly $1M federal grant

The U.S. Department of Commerce announced Monday it has awarded nearly $1 million in grant funding to the Valleys Innovation Council (VIC) for its Regional Accelerator and Mentoring Program (RAMP), which is targeted at helping to grow startup companies in the Roanoke and New River Valley region. “This grant will give us the runway we […]

News September 21, 2020

Va. Beach Economic Development, 1701 Coworking select entrepreneurship program participants

Virginia Beach Economic Development and Virginia Beach-based 1701 Coworking announced Friday it has selected two participants for its three-month Entrepreneur-in Residence (EIR) program.  Kate Johnson with Heritage Business Services and freelance educator Meghan Raftery were selected for the program, which provides training in hiring, strategic planning and other business practices.  “The entr[...]

News September 21, 2020

Northam expands $70M Rebuild VA program

Gov. Ralph Northam announced Monday that the $70 million economic recovery program Rebuild VA is expanding its eligibility criteria to allow more small businesses to apply for economic relief grants.  Under the Rebuild VA program, which launched in August, businesses that received federal CARES Act funding are now eligible to receive up to $10,000 in […]

Photo courtesy BAE Systems
News September 21, 2020

BAE Systems lands $111.6M Navy contract

The U.S. Department of Defense awarded Arlington-based defense contractor BAE Systems Inc. (the U.S. subsidiary of United Kingdom-based BAE Systems plc) a $111.6 million contract to manufacture and deliver Archerfish mine neutralizers to the U.S. Navy during the next seven years, the company announced Monday. This is the fourth consecutive Archerfish contract that BAE Systems […]

Cascades Village Senior Apartments. Photo courtesy Greysteel
News September 21, 2020

Sterling affordable housing complex sells for $27.15M

An affordable housing complex in Sterling sold for $27.15 million, commercial real estate investment firm Greysteel announced last week. Located at 46565 Harry Byrd Hwy., the 150-unit Cascades Village Senior Apartments sold to Irvine, California-based Avanath Capital Management LLC, which focuses on acquiring existing affordable housing properties. Developed in 2001, the apartment complex is age-r[...]

290 Peppers Ferry Road. Photo courtesy Cushman & Wakefield | Thalhimer
News September 21, 2020

Christiansburg shopping center sells for $3.25M

A shopping center in Christiansburg has sold for $3.25 million, Cushman & Wakefield | Thalhimer announced last week. Located at 290 Peppers Ferry Road, the 9,525-square-foot retail center sold to Collegiate Investment 290 LLC as an investment. Pepper’s Ferry Plaza was owned by Family Peppers Ferry LLC and its tenants include Subway, Mattress Warehouse and […]

Virginia Tech Innovation Campus Advisory Board. Top row, from left: Sanju Bansal, Dave Calhoun, Ted Colbert, Joe DeSimone, Lynne Doughtie; Bottom row: Regina Dugan, Steve Mollenkopf, Russ Ramsey, Kathy Warden, Glenn Youngkin
News September 21, 2020

Tech Innovation Campus announces advisory board

Amid its inaugural virtual semester, the Virginia Tech Innovation Campus in Alexandria is already kickstarting its future tech talent production through the creation of an advisory board, for which top Virginia executives will provide guidance to the campus on business partnerships and projects.  Top executives from Qualcomm, Boeing, KPMG, Northrop Grumman, The Carlyle Group and […]

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Top Stories

Gregory Washington, president of George Mason University. Photo courtesy GMU

Embattled GMU president survives board meeting with pay raise

George Mason University President Gregory Washington was not ousted at a board of visitors meeting b[...]

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Report: DOGE responsible for nearly 290k job cuts

A Thursday report revealed that United States-based employers have cut more jobs so far this year th[...]

Virginia firm to build $200M White House ballroom co-funded by Trump

Virginia firm to build $200M White House ballroom co-funded by Trump

The White House announced Thursday that it would add a $200 million, 90,000-square-foot ballroom to [...]

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CoStar sues Zillow for alleged copyright infringement

CoStar Group has sued Zillow, claiming that the real estate website is using its copyrighted images [...]

Mars to pump $2B into U.S. manufacturing

Mars to pump $2B into U.S. manufacturing

Mars announced on Tuesday that it plans to invest $2 billion in its U.S. manufacturing operations th[...]

Milestones: Virginia companies celebrating big anniversaries in 2025

Milestones: Virginia companies celebrating big anniversaries in 2025

Even amid the AI revolution currently underway, there are viable signs of stability. The global AI m[...]

People

Dollar Tree promotes new chief legal officer

Dollar Tree promotes new chief legal officer

31/7/2025

Parry Labs names chief growth officer

Parry Labs names chief growth officer

28/7/2025

Empower AI taps new chief growth officer

Empower AI taps new chief growth officer

25/7/2025

Regions

Salem manufacturers plan expansions

Salem manufacturers plan expansions

Three advanced manufacturing operations with roots in Salem recently revealed plans to expand facili[...]

Port of Virginia nears finish of $450M dredging project

Port of Virginia nears finish of $450M dredging project

Seven years after the Port of Virginia launched a $450 million dredging project to become the deepes[...]

Trump coal policy changes could boost Southwest Virginia

Trump coal policy changes could boost Southwest Virginia

Southwest Virginia officials say President Donald Trump’s executive orders aimed at revitalizi[...]

Transco pipeline to expand for Virginia power demand

Transco pipeline to expand for Virginia power demand

In May, Tulsa, Oklahoma-based energy company Williams announced an expansion of its Transcontinental[...]


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