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Recent Articles from Sydney Lake
PAE names readiness, sustainment VP
Falls Church-based defense and government services contractor Pacific Architects and Engineers (PAE) announced last week it has named Cristal Rice as the vice president of its readiness and sustainment group. Rice comes from The Boeing Co., where she had worked since 2013. She was most recently the subdivision leader and senior program manager for U.S. […]
Loudoun County allocates additional small business funding
The Loudoun County Board of Supervisors has allocated an additional $145,000 to fund 29 more businesses with $5,000 COVID-19 Business Interruption Fund grants, Loudoun Economic Development announced Wednesday. The additional allocation will allow the fund to cover all 660 certified eligible businesses that applied for the county’s fifth round of COVID-19 small business relief funding. [&hell[...]
Hotel industry recovery ‘a long way off’
Virginia hotel revenues continue at a steady decline 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. 11 through Oct. 17, hotel revenues in Virginia decreased by 50% and rooms sold declined by 31%, compared […]
VCU received record $335M in research funding for 2020
Virginia Commonwealth University received a record $335 million in sponsored funding for research during fiscal year 2020 — an 8% increase from 2019, the university announced Wednesday. “VCU’s ongoing commitment to its faculty, interdisciplinary research and investment in research infrastructure have translated into these record levels — which have grown by a third — over […]
Reston contractor wins $135M DHS task order
Reston-based AceInfo Solutions LLC announced Tuesday it had been awarded a potential five-year, $135 million task order from the Federal Emergency Management Agency’s (FEMA) National Flood Insurance Program (NFIP). Under the task order, AceInfo (a subsidiary of McLean-based Dovel Technologies) will provide services to support the development, maintenance and modernization of NFIP’s w[...]
Virginia extended individual tax filing deadline is Nov. 2
The six-month filing extension deadline for individual income taxes in Virginia is Monday, Nov. 2, Virginia Tax reminded taxpayers Wednesday. “Last year, more than 488,000 taxpayers took advantage of the automatic, six-month filing extension in Virginia, and the majority of those returns came in electronically,” Virginia Tax Commissioner Craig M. Burns said in a statement. […]
Alexandria distribution, maintenance provider names senior VP, CFO
Alexandria-based defense contractor VSE Corp., a provider of distribution and maintenance, repair and overhaul services focused on transportation assets, announced last week it has named Stephen D. Griffin as senior vice president and chief financial officer, effective Nov. 9. Griffin will succeed Thomas Loftus, who is retiring and will remain at the company until Dec. […]
VCU College of Engineering receives $1M anonymous gift
An anonymous donor has made a $1 million gift to the Virginia Commonwealth University College of Engineering to provide funds for programming and support for international students, VCU announced Tuesday. Part of the gift will establish a global education and international student support fund (to be administered through VCU’s Global Education Office) and additional funding […]
Va. saw jobs recovery drop in September
After recovering a total of 68,000 jobs in August, Virginia saw its labor force fall by 71,954, or 1.7%, in September, according to employment statistics released Tuesday by the Virginia Employment Commission. Between September 2019 and September 2020, the VEC estimates that Virginia has lost 207,100 jobs a 5.1% decrease. The commonwealth also saw a […]
Smithfield Foods CEO to retire
Smithfield Foods Inc., the world’s largest pork processor and hog producer, announced Monday that President and CEO Kenneth M. Sullivan will retire in early 2021 after nearly 20 years with the company. Chief Operating Officer Dennis Organ will succeed Sullivan as president and CEO following his retirement. Organ joined the company in 2010 and for […]
