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Home>Sydney Lake

Sydney Lake

Recent Articles from Sydney Lake

News March 5, 2021

General Dynamics wins $99M FAA contract

The Federal Aviation Administration (FAA) has awarded Reston-based Fortune 100 defense contractor General Dynamics Corp. a $99 million contract to provide URC-300E transceivers as part of its Emergency Transceiver Replacement (ETR) program, the company announced Thursday. The program replaces current legacy radios with very high frequency (VHF) and ultra high frequency (UHF) radios for civil [&hel[...]

News March 5, 2021

Northrop Grumman wins $84.5M NASA contract

NASA announced Thursday it has awarded an $84.5 million contract to Falls Church-based Fortune 500 defense contractor Northrop Grumman Corp. to provide propulsion support and products for spaceflight missions. Under the Mars Ascent Propulsion System (MAPS) contract, Northrop Grumman will provide support and products at the agency’s Marshall Space Flight Center in Huntsville, Alabama. The [&h[...]

News March 5, 2021

U.Va. gets $5M gift to establish scholarship for PVCC students

An anonymous $5 million gift to the University of Virginia will be used to provide scholarships to Piedmont Virginia Community College students who wish to transfer to the university, U.Va. President Jim Ryan announced Friday. The endowed fund will provide scholarships to PVCC students who have been selected as U.Va. University Achievement Award recipients. The […]

Laura Freeman. Photo courtesy Virginia Tech
News March 5, 2021

Virginia Tech to lead DoD’s new Acquisition Innovation and Research Center

The U.S. Department of Defense has selected Virginia Tech as one of three schools to lead its new Acquisition Innovation and Research Center (AIRC). The AIRC is funded by the DoD and directed by the Office of the Undersecretary of Defense for Acquisition and Sustainment. The goal of the center (which also includes the New […]

Kari Wilkinson (left) and Brian Cuccias
News March 5, 2021

Huntington Ingalls names new executive VP

Newport News-based Huntington Ingalls Industries announced Friday its board of directors has elected Kari Wilkinson to serve as executive vice president of HII and president of HII’s Ingalls Shipbuilding division, effective April 1. She will succeed Brian Cuccias, who announced his April 1 retirement. Cuccias took on his role in 2014, and before that had […]

News March 4, 2021

Germany-based workforce tech developer buys Vienna AR developer

TeamViewer, a German workforce technology developer, announced Tuesday it has acquired Vienna-based augmented reality software developer Upskill. Financial terms of the transaction were not disclosed.  Founded in 2010, Upskill provides technology that uses smart glasses and handheld devices to help manufacturing, inspection and auditing workers for customers including The Boeing Co. and Merck &am[...]

News March 4, 2021

Tempur Sealy to invest $16.7M in Scott County manufacturing facility

Bedding product designer, manufacturer and distributor Tempur Sealy International Inc. will invest $16.7 million to expand its Scott County operation, creating 25 jobs, Gov. Ralph Northam announced Thursday. “Southwest Virginia has been an ideal base of operations for Tempur Sealy for nearly 20 years because of the region’s proximity to major interstates and access to […]

University of Richmond names new president
News March 4, 2021

University of Richmond names new president

The University of Richmond announced Thursday its next president will be Kevin F. Hallock, who currently serves as dean and professor of strategy and business economics at Cornell University’s SC Johnson College of Business.  He will succeed Ronald A. Crutcher, who in September 2020 asked the board of trustees to begin a search for his […]

News March 4, 2021

Jobless claims stayed flat last week in Va.

As the state approaches the one-year anniversary of the COVID-19 pandemic’s presence here, initial jobless claims remained essentially unchanged from the previous week, according to figures released Thursday by the Virginia Employment Commission. Continued claims fell slightly. During the week ending Feb. 27, 12,155 Virginians filed initial unemployment claims, compared to 11,944 from the we[...]

Lynn Dugle. Photo courtesy Avantus Federal
People March 3, 2021

Avantus Federal names new board member

Avantus Federal, a McLean-based IT defense contractor, announced Tuesday it has appointed former Engility CEO Lynn Dugle to its board of directors.  Dugle was chairman and CEO of Chantilly-based Engility before its 2019 acquisition by Reston-based Science Applications International Corp. During her career, she also served in several executive leadership positions with Raytheon. Dugle earned [&hel[...]

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Top Stories

On Dec. 7, 2025, the $36 billion Mars-Kellanova acquisition was approved by the EU Commission.

EU approves $36B Mars-Kellanova buy; deal to close this week

McLean-based candy and pet care giant Mars has received the European Union's blessing to acquire Kel[...]

Boeing completes $4.7B Spirit AeroSystems purchase

Boeing completes $4.7B Spirit AeroSystems purchase

Boeing has finalized its $4.7B acquisition of Spirit AeroSystems, bringing 737 Max fuselage producti[...]

Philanthropist Joan Brock, left, and her late husband, Dollar Tree co-founder Macon Brock. Photo Courtesy Old Dominion University

ODU gets $15M gift from Brock to launch nutrition institute

Old Dominion University has received a $15 million gift to establish a nutrition and lifestyle medic[...]

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Virginia lawmakers outline new retail marijuana plans

Lawmakers who in coming months will contribute to shaping the bills that launch Virginia’s lon[...]

A Radford native, John Asbury traveled all over the country for his banking career but returned to Virginia in 2016 to lead Atlantic Union Bank. Photo courtesy Atlantic Union Bank

2025 Virginia Business Person of the Year: John Asbury | Atlantic Union Bank

Atlantic Union CEO John Asbury is Virginia Business’ 2025 Business Person of the Year, recognized [...]

The University of Virginia Rotunda. Photo by Jay Paul

U.Va. continues presidential search, despite Spanberger’s call for pause

The University of Virginia's presidential search committee has continued its work in hiring a succes[...]

People

Greg Weatherford. Photo courtesy Virginia State Corporation Commission

SCC names new comms director

8/12/2025

Christiansburg-based financial institution Appalachian Community Capital has named Daniel Wallace its next president and CEO. Photo Courtesy Appalachian Community Capital

Appalachian Community Capital announces new CEO

5/12/2025

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CBRE taps new leader for Richmond, Norfolk

3/12/2025

Regions

The Hard Rock Hotel & Casino Bristol produced $13.18 million in gaming tax revenue for 14 localities. Photo courtesy Hard Rock Hotel & Casino Bristol

Bristol hopes for bigger share of casino tax

The Hard Rock Hotel & Casino Bristol this November marked its first year in its permanent facili[...]

June 2025 for the record

FOR THE RECORD December 2025

Central Virginia  Pharmaceutical giants AstraZeneca, Eli Lilly & Co. and Merck & Co. have c[...]

Four cards and a stack of chips on a green felt table

Virginia casinos report $82M in October revenue

October gaming revenues for Virginia’s three casinos totaled $82.1 million, according to data the [...]

Virginia Intermont College campus owner modifies plans

Virginia Intermont College campus owner modifies plans

The owner of the former Virginia Intermont College in Bristol plans a new four-year school and mixed[...]


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