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Recent Articles from Sydney Lake
Virginia Values Veterans program hits 67K hires
Gov. Ralph Northam announced Friday that the Virginia Values Veterans (V3) program surpassed its goal to reach 65,000 Virginia military veteran hires by the end of his administration. As of Friday, more than 67,000 Virginia military veterans have been hired through the program since its 2012 inception. Administered by the Department of Veterans Services (DVS), […]
Industrial building in Chesterfield County sells for $1.3M
An industrial building in Chesterfield County sold for $1.3 million, Cushman & Wakefield | Thalhimer announced Wednesday. The 20,000-square-foot property sits on 7 acres at 13600 Permilla Springs Drive, which is approximately 1.5 miles from John Tyler Community College. 13600 Permilla Springs LLC purchased the property from 423 Third Street Associates LP for $1.3 million […]
Former Boy Scouts campground in Middlesex County sells for $3.5M
A former Boy Scouts of America campground in Middlesex County has sold for $3.5 million, Glen Allen-based commercial real estate company Commonwealth Commercial Partners LLC announced Wednesday. The 306-acre Bayport Scout Camp located at 623 Bayport Road was sold by Phoenix Property Holdings LLC to MHC RV LLC in a transaction that closed on Oct. […]
Industrial building in Chesterfield County sells for $2.05M
An industrial building in Midlothian (part of Chesterfield County) sold for $2.05 million, Cushman & Wakefield | Thalhimer announced Monday. Located at 12700 Oak Lake Court, the 20,000-square-foot building sits on 1.84 acres. Conn-One LLC purchased the building from SMW Warehouses LLC for storage use. The property was most recently assessed at $1.12 million in […]
ManTech lands $85M Navy contract
Herndon-based ManTech, a technology contractor for U.S. defense, intelligence and federal civilian agencies, announced Thursday it has been awarded an $85 million contract to manage the Operational Test Program Set (OTPS) used by Naval Surface Warfare Center (NSWC) Crane Division. The OTPS is used by the NSWC to ensure advanced weapon systems’ reliability and maintenance […]
Leidos wins $75M contract to support cloud-based HR system
The Office of the Under Secretary of Defense for Personnel and Readiness awarded Reston-based Fortune 500 federal contractor Leidos Holdings Inc. a $75 million contract to provide services and support for the Defense Civilian Human Resource Management System (DCHRMS), the company announced Thursday. Leidos will provide technical services and support for the cloud-based human resources […]
Northrop Grumman wins $91M contract to produce aircraft tech
Falls Church-based Fortune 100 defense contractor Northrop Grumman Corp. announced Thursday it has won a $91 million contract to produce AN/APR-39D(V)2 digital radar warning receivers (RWR), which protect rotary and fixed-wing aircraft from modern radio frequency (RF) threats, according to the company. RWRs are small, lightweight systems that protect from threats including radar-guided missiles an[...]
Northam introduces $30M workforce training program
For those whose employment has been impacted by the pandemic, Gov. Ralph Northam announced Friday that he is directing $30 million in federal CARES Act funding to workforce training programs in high-demand fields. The Re-Employing Virginians (REV) initiative will provide scholarships for people to enroll in a workforce or community college program in the health […]
SAIC wins $737M Air Force contract
The U.S. Air Force awarded Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) a $737 million contract to implement, integrate and develop modeling and simulation (M&S), training and analysis standards for the Air Force, Department of Defense and other organizations, the company announced Thursday. “The Air Force and DOD rely on M&S for […]
Parsons Corp. to acquire Colo.-based tech firm for $300M
Centreville-based defense contractor Parsons Corp. announced Thursday that it has entered into a definitive agreement to acquire Colorado Springs, Colorado-based Braxton Science & Technology Group LLC (BSTG) and its subsidiaries for $300 million. BSTG provides services for satellite operations, ground system automation, flight dynamics and spacecraft and antenna simulation for the U.S. Depar[...]
