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Home>Sydney Lake

Sydney Lake

Recent Articles from Sydney Lake

News August 4, 2020

Fredericksburg firm lands $55M Navy contract

The U.S. Naval Surface Warfare Center Dahlgren Division (NSWCDD) awarded a $55 million contract to Fredericksburg-based engineering and technology contractor SimVentions Inc. to provide systems engineering and software development services, the company announced Friday. Under the five-year contract, SimVentions will work on the Track Management Engineering Analysis and Support system out of the NS[...]

Peter B. Davidson. Photo courtesy Intelsat Corp.
News August 4, 2020

McLean satellite provider names VP global government affairs, policy

McLean-based communications satellite services provider Intelsat Corp. announced Monday it has hired Peter B. Davidson as vice president of global government affairs and policy.  Davidson was most recently the deputy dean for strategic initiatives and an assistant professor at George Mason University’s Antonin Scalia Law School. In his new role, he will lead development of […]

News August 4, 2020

Va. tops annual tech business rankings

Virginia topped the charts in many categories of Business Facilities’ 16th Annual State Rankings Report released last week — especially for technology. This year, Virginia was ranked No. 1 for its cybersecurity leaders, digital infrastructure and unmanned aerial systems and No. 2 for its business climate. This was the first year that the national business […]

Todd Evans. Photo courtesy Franchise Group Inc.
News August 4, 2020

Va. Beach company names chief franchising officer

Virginia Beach-based franchise business operator Franchise Group Inc. announced Monday that Todd Evans has been hired for the company’s new role of chief franchising officer.  Evans was most recently the vice president of franchising with Orlando, Florida-based electronic repair shop franchise chain uBreakiFix, where he played a key role in opening more than 425 of […]

News August 4, 2020

Reston federal contractor acquires Md. IT company

Reston-based government contractor EverWatch (which operates under private investment firm Enlightenment Capital) announced Monday it has acquired Columbia, Maryland-based information technology contractor BrainTrust Holdings.  A transaction amount was not disclosed, but this marks EverWatch’s seventh and largest acquisition, according to a statement from Chevy Chase, Maryland-based Enlight[...]

News August 3, 2020

DoD awards Fairfax company $22M Joint Staff contract

The U.S. Department of Defense awarded Fairfax-based software company Salient CRGT Inc. a $22 million contract to provide performance management initiatives and editorial support to the Joint Chiefs of Staff’s senior leadership, the company announced Monday. The five-year contract will support the Joint Staff Actions Division for Program Management, Program Planning and Execution and offer [[...]

News August 3, 2020

Reston telemedicine company to go public

Reston-based telemedicine provider SOC Telemed announced Monday it plans to go public through a merger with a “blank check” company, Healthcare Merger Corp. (HCMC) — a transaction that would value SOC at $720 million.  The combined company will operate as SOC Telemed and be listed on the Nasdaq. HCMC is a Nasdaq-listed public investment company. […]

Leidos Health Group President Elizabeth “Liz” Porter. Photo courtesy Leidos
News August 3, 2020

Leidos names health group president

Reston-based federal contractor Leidos announced Monday that Elizabeth “Liz” Porter has been promoted as the company’s health group president. She will report to Chairman and CEO Roger Krone.  Porter had been serving as acting health group president since March 9 and had previously served as operation manager for the Leidos Civil Group’s Federal Energy & […]

Tomikia LeGrande. Photo courtesy Virginia Commonwealth University
News August 3, 2020

VCU names VP for strategy, enrollment management, student success

Virginia Commonwealth University announced Monday that Tomikia LeGrande has been promoted as vice president for strategy, enrollment management and student success, effective Aug. 1. LeGrande had most recently been the vice provost for strategic enrollment management at VCU since 2018. In her new role, she will lead strategic priorities for the president and provost while […]

Aaron Betz
News August 3, 2020

Magellan Federal names VA programs senior director

Arlington-based military health care provider Armed Forces Services Corp. (AFSC)/Magellan Federal announced Monday it has named Aaron Betz as senior director of the company’s Department of Veterans Affairs programs. Betz was most recently the owner and business development executive of Washington, D.C.-based consulting company Centerline Pelorus LLC. In his new role, he will be responsible [[...]

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Top Stories

Barkin: Affordable housing key to rural economic growth

Richmond Fed President and CEO Tom Barkin said affordable housing and workforce investment are drivi[...]

Dollar Tree announces CEO of Family Dollar, soon to be sold

Chesapeake-based Dollar Tree announced Monday that its soon-to-be-sold Family Dollar property will b[...]

UPDATE: $35B Capital One-Discover merger closes

McLean-based Capital One Financial is scheduled to close on its $35.3 billion acquisition of Discove[...]

A photo of a Leidos sign and a glass covered building.

DHS says it is canceling $2.4B Leidos contract

According to a court filing last week, the U.S. Department of Homeland Security has terminated a $2.[...]

A sailor stands abord a submarine in the ocean.

Leesburg firm lays off 155 after Navy cancels $170M contract

Leesburg-based data company Pantheon Data this week laid off 155 workers — including 33 Virginia e[...]

Gov. Glenn Youngkin and state and Amazon officials ceremonially break ground for the Amazon.com fulfillment center in Goochland County on May 14, 2025. Photo courtesy Amazon

Amazon fulfillment center in Goochland to create 1,000+ jobs

Gov. Glenn Youngkin participated Wednesday in a ceremonial groundbreaking for Amazon.com's 3.1 milli[...]

People

Brad Haun. Photo courtesy Atlantic Union Bankshares.

Atlantic Union names new chief risk officer

19/5/2025

Stephanie Schnittger will become UVA Health's chief financial officer, starting July 7. Photo Courtesy UVA Health

UVA Health taps new CFO

15/5/2025

Sarah Muse and Carter Whitelow have joined the Virginia Chamber of Commerce. Photo Courtesy Virginia Chamber of Commerce

Virginia Chamber adds two execs to its team

14/5/2025

Regions

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

Companies sue over Valley medical marijuana permit

Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valle[...]

Heard Around Virginia May 2025

A roundup of monthly business news from regions across Virginia including Central Virginia, Northern[...]

New law to reduce Appalachian Power rates

Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers [...]


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