Recent Articles from Sydney Lake
General Dynamics CEO joins JPMorgan Chase board
New York City-based JPMorgan Chase & Co. announced Wednesday that Phebe N. Novakovic, chairman and CEO of Reston-based aerospace and defense contractor General Dynamics Corp., has been elected to join the company’s board of directors, effective Dec. 7. Novakovic has served as chairman and CEO of General Dynamics since 2013. She joined the company in […]
Va. hotel revenues stay at steady decline
As the pandemic surges on, Virginia hotel revenues remain at a steady decline when compared to last year, according to data from STR Inc., a CoStar Group division that provides weekly market data on the U.S. hospitality industry. For the week of Oct. 18 through Oct. 24, hotel revenues in Virginia decreased by 50% and […]
Volkswagen Group of America deepens its Fairfax roots
Automobile manufacturing giant Volkswagen Group of America Inc. (a wholly owned subsidiary of Volkswagen AG) announced Tuesday it has chosen to keep its headquarters in Fairfax County — signing a 20-year lease agreement in Reston Town Center. Volkswagen’s North American headquarters has been located in Fairfax County since 2007. It will be the anchor tenant in […]
Dominion launches electric school bus program
Earlier this week, Richmond-based Dominion Energy Inc. and Evington-based bus dealer Sonny Merryman Inc. rolled out the first Jouley electric school buses as part of the Dominion Energy Electric School Bus Program. “Once again, Virginia is leading the way in promoting electric vehicle technology and improving our environment,” Gov. Ralph Northam said in a statement. […]
Biden holds 12-point advantage with Va. voters
With less than a week until the election, Democratic presidential challenger and former Vice President Joe Biden continues to lead incumbent President Donald Trump by 12 points in Virginia, according to a poll released Wednesday by the Wason Center for Public Policy at Christopher Newport University. “Biden’s lead continues to illustrate Virginia’s solid shift left […]
McLean staffing firm opens first Canadian office
McLean-based staffing company Digital Intelligence Systems LLC (DISYS) announced Tuesday it has opened its first Canadian office in Ontario. DISYS has been doing business in Canada since 2014, but this will be the company’s first physical office in the Great White North. “Having a physical location in a prestigious area of downtown Toronto will give […]
Reston defense contractor lands two GSA contracts
Reston-based defense and government contractor SOS International LLC (SOSi) announced Monday it has secured contracts in two pools under the General Services Administration’s potential $50 billion One Acquisition Solution for Integrated Services (OASIS) contract vehicle for professional services. SOSi was one of 21 companies to receive more than one service pool under the contract. Under [&helli[...]
Va. Chamber Foundation, SCHEV launch work-based learning program
The Virginia Chamber Foundation and the State Council of Higher Education for Virginia (SCHEV) on Tuesday launched the Virginia Talent and Opportunity Partnership (Virginia TOP), an initiative aimed at better connecting students, higher education institutions and employers through paid and credit-bearing internships and other work-based learning opportunities. “Access to a talented, well-educate[...]
McLean defense contractor announces brand name change
McLean-based defense contractor E3/Sentinel LLC announced Monday it will operate under a new brand name, Avantus Federal. “This is a significant milestone for our organization and highlights our capabilities, our growth and our commitment to both our clients and our employees,” Avantus Federal CEO Andy Maner said in a statement. “Our unification to Avantus Federal […]
Kaine introduces legislation to establish HBCU business centers
U.S. Sens. Tim Kaine (D-Virginia) and Roger Wicker (R-Mississippi) announced Tuesday they have introduced the Reaching America’s Rural Minority Businesses Act, which would establish up to 10 minority business centers at historically Black colleges and universities (HBCUs) to serve rural and underserved communities. The legislation would authorize the Minority Business Development Agency (MBDA) i[...]