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Home>Sydney Lake

Sydney Lake

Recent Articles from Sydney Lake

USS Wasp. Photo courtesy BAE Systems
News November 25, 2020

BAE Systems lands $237.7M Navy contract

The U.S. Navy awarded BAE Systems Norfolk Ship Repair, a business unit of Arlington-based defense contractor BAE Systems Inc., a potential $237.7 million contract to drydock and perform maintenance and modernization work on the USS Wasp assault ship, the company announced Tuesday.  Under the contract, BAE Systems will begin working on the 843-foot-long USS Wasp […]

Jeffrey McKay. Photo courtesy VACo
People November 24, 2020

Virginia Association of Counties names 2020-21 president

The membership of the Virginia Association of Counties (VACo) elected Fairfax County Board of Supervisors Chairman Jeffrey C. McKay as its 2020-2021 president during its annual conference on Nov. 11. McKay succeeds Nottoway County Supervisor Stephen W. Bowen and is the 10th president from Fairfax County since 1935. “I’m honored to be elected by my […]

Equinix DC21 data center in Ashburn. Photo courtesy Equinix
News November 24, 2020

Equinix announces $95M Ashburn data center expansion

Redwood City, California-based digital infrastructure company Equinix Inc. has opened a new $95 million data center on its existing Ashburn campus, giving the company additional capacity. The two-story data center is designed for both large and small deployments. The $95 million first phase includes more than 41,000 square feet of colocation space, which will total […]

Company News November 24, 2020

Parsons Corp. completes acqusition of Colo.-based aerospace firm for $300M

Centreville-based defense contractor Parsons Corp. announced late last week that it has completed its acquisition of Colorado Springs, Colorado-based Braxton Science & Technology Group LLC (BSTG) and its subsidiaries for $300 million.  The acquisition was first announced in late October — marking Parsons’ fourth acquisition since October 2018. BSTG provides services for satellite ope[...]

News November 24, 2020

IRS announces research partnership with Fairfax company

The Internal Revenue Service’s Office of the Chief Procurement Officer is forming a research partnership with Fairfax-based Data and Analytic Solutions Inc. The partnership, which also includes a group of academic researchers, will use data science to improve IRS procurement operations. Researchers will examine the length of time it takes to award a government contract. […]

News November 24, 2020

Dallas professional services company acquires Reston firm

Dallas, Texas-based professional services company Jacobs announced Tuesday it has acquired Reston-based cyber solutions company The Buffalo Group LLC. Financial terms of the acquisition were not disclosed. The Buffalo Group provides analysis and technology services to the United States intelligence community across domains including cyber, ground, sea, air and space. Jacobs employs 55,000 people a[...]

An artist depiction of the Columbia-class submarine for the U.S. Navy. Photo courtesy General Dynamics
News November 24, 2020

Newport News Shipbuilding lands $2.2B sub contract modification

Newport News-based Huntington Ingalls Industries (HII)’s Newport News Shipbuilding division received a $2.2 billion contract modification from Reston-based General Dynamics Electric Boat for construction of the first two Columbia-class ballistic missile submarines, the company announced on Monday. The U.S. Navy in early November awarded Electric Boat a $9.474 billion contract modification to[...]

News November 24, 2020

Shenandoah Valley Organic to create 110 jobs in Harrisonburg

Shenandoah Valley Organic, a family-owned organic chicken company, will establish a second, 75,000-square-foot facility in Harrisonburg, increasing production capacity and retail packaging abilities. The expansion will create 110 jobs, Gov. Ralph Northam announced Tuesday. Founded by sixth-generation farmer Corwin Heatwole, Shenandoah Valley Organic mission is to partner with independent family fa[...]

Company News November 24, 2020

Md.-based contractor closes on DynCorp International acquisition

Germantown, Maryland-based government contractor Amentum announced Monday it has acquired McLean-based DynCorp International. Financial terms of the deal, originally announced on Sept. 24, were not disclosed. The acquisition will create a company with more than 34,000 employees and allow the company to expand to new markets, according to Amentum’s statement.  “The addition of DynCorp Inte[...]

Ron Fricker. Photo courtesy Virginia Tech
Education November 24, 2020

Va. Tech College of Science names interim dean

Virginia Tech announced Tuesday that Ron Fricker, senior associate dean of the College of Science, has been named as interim dean, effective Jan. 4. Fricker succeeds Dean Sally C. Morton, who is leaving to become executive vice president of the Knowledge Enterprise at Arizona State University at the end of 2020. She served as dean […]

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Top Stories

Virginia Gov. Abigail Spanberger was sworn in as Virginia’s 75th governor, the first woman to hold the office, on Jan. 17, 2026. Photo by Kira Jenkins/Virginia Business

Spanberger sworn in as Virginia’s first woman governor

Under cloudy skies at the Virginia State Capitol, Abigail Davis Spanberger was sworn in as Virginia'[...]

The University of Virginia Rotunda. Photo by Jay Paul

5 U.Va. board members resign at Spanberger’s request

The New York Times reported Friday evening that three University of Virginia board members have resi[...]

An offshore wind turbine. A boat sits in the background.

Federal court grants Dominion injunction, allowing offshore wind construction to proceed

Dominion Energy won a preliminary injunction Friday in federal court, allowing construction to resum[...]

Depositphotos

Virginia luxury packaging provider plans $34M HQ expansion

Infinity Global plans a $34 million expansion of its Danville headquarters, creating 150 jobs and mo[...]

Photo courtesy CarMax

Fortune 500 retailer CarMax lays off 230 employees, many in Virginia

Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees[...]

Depositphotos

Solstice Advanced Materials to invest $220M in Chesterfield expansion

Solstice Advanced Materials plans to invest $220 million to expand production at its manufacturing f[...]

People

Christen Smith has been named chief revenue officer of LMI. Photo courtesy LMI

LMI names new leaders following CEO change

20/1/2026

Dr. Ameya Kulkarni being named Kaiser's executive director.

Kaiser Permanente names mid-Atlantic medical director

15/1/2026

Dave Wajsgras is Everfox's new chairman and CEO. Photo courtesy Everfox

Former Intelsat CEO to head Herndon cybersecurity company

13/1/2026

Regions

Tourism bet pays off for Danville and Pittsylvania

In 2024, visitor spending across Danville and Pittsylvania County reached $275.2 million, according [...]

Shenandoah University President Tracy Fitzsimmons announced the Shine campaign on Sept. 13, 2025. Photo courtesy Shenandoah University

Shenandoah University launches $100M fundraising campaign

Shenandoah University has launched a $100 million fundraising campaign that aims to add a major new [...]

Developer Jerome Malinay spoke at the Sunny Valley subdivision groundbreaking. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Washington County workforce housing project launches

A residential subdivision composed largely of housing intended for the local workforce is coming to [...]

L to R: Virginia Peninsula Community College officials Bobby Perkins, Towuanna Porter Brannon, Steven Carpenter and Todd Estes at trades center groundbreaking Photo courtesy VPCC

Newport News trades center to power maritime workforce

Virginia Peninsula Community College is building a $9 million trades center in southeast Newport New[...]


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