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Recent Articles from Sydney Lake
Newport News Shipbuilding taps in-service aircraft carrier programs VP
Newport News-based Huntington Ingalls Industries announced Tuesday that Todd West has been promoted to vice president of in-service aircraft carrier programs for the company’s Newport News Shipbuilding division, succeeding Chris Miner, who will retire Dec. 1 after more than 37 years with America’s largest military shipbuilder. “Chris’ passion and commitment have been defining[...]
Va. makes $12M extra CARES funding available for rent, mortgage relief
An additional $12 million in federal CARES Act funding will be directed to Virginia’s Rent and Mortgage Relief Program (RMRP) due to high demand for financial assistance with mortgages and rent payments. First launched in June with $50 million in federal CARES Act funding, the program provides financial assistance through a one-time payment with the […]
Va. allocates $30M to improve broadband access
Virginia is making $30 million in federal CARES Act funding to improve broadband access in underserved localities. Eligible projects must be completed by the end of the year, which is within the time constraints for spending the federal funding. This would mean more Virginians could get access to high-speed, broadband service before 2020 ends, according […]
Plasser American Corp. announces $52.6M Chesapeake expansion
Railway equipment manufacturer Plasser American Corp. will invest $52.6 million to expand its operations in the city of Chesapeake, creating 98 jobs, Gov. Ralph Northam announced Wednesday. Plasser American Corp., which manufactures railway construction and maintenance equipment, will add a 45,000-square-foot, three-story office building and an 82,000-square-foot manufacturing facility. The comp[...]
Danish company to establish $1.35M manufacturing facility in Henrico
Gov. Ralph Northam announced Wednesday that Danish manufacturer Rose Holm will invest $1.35 million to establish its first U.S. facility in Henrico County, creating 10 jobs. Rose Holm produces threaded bolts for the food and beverage, wind power and heat exchange industries in Northern Europe. The new operation will allow the company to further its […]
Va. to expand networking program to new regions
During the next two years Virginia will invest $1.7 million to expand the Network2Work workforce development initiative, Gov. Ralph Northam announced Tuesday. The commonwealth will partner with the Virginia Community College System to pilot the Network2Work model in the Shenandoah Valley, Hampton Roads and greater Richmond regions. Network2Work was established by Piedmont Virginia Community Colleg[...]
Reston cyber intelligence business acquired by Baltimore cybersecurity firm
Cyber intelligence company Cyveillance, a Reston-based business unit of LookingGlass Cyber Solutions Inc., has been acquired by Baltimore-based cybersecurity firm ZeroFOX, the companies announced Tuesday. Terms of the acquisition were not released. Under the acquisition, ZeroFOX will absorb Cyveillance’s more than 130 employees and more than 100 customers. “Our merger with the Cyveillanc[...]
Richmond extends deadline for small business, nonprofit relief program
The city of Richmond has extended the deadline for its Richmond Recovers Grant Program, giving small businesses and nonprofits until Oct. 19 to apply for grants ranging from $10,000 to $15,000, Richmond Mayor Levar Stoney’s office announced Tuesday. The city allocated $3 million of its federal CARES Act funding to the program, which has $1.68 […]
Reston-based defense contractors win spots on $800M Army contract
Three Reston-based companies won spots on a potential three-year, $800 million U.S. Army contract to support the branch’s Information Systems Engineering Command (USAISEC), the Department of Defense announced Monday. Fortune 100 defense contractor General Dynamics Corp., NCI Information Systems Inc. and Fortune 500 defense contractor Science Applications International Corp. (SAIC) will compe[...]
McLean defense contractor wins $71M Air Force space task order
The U.S. Air Force awarded McLean-based defense contractor Alion Science and Technology Corp. a $71 million task order to help the branch’s research laboratory (AFRL) develop space, electromagnetic and information technologies for potential national security use, the company announced Monday. Under the task order, Alion will provide research, development, test and evaluation services to the [...]
