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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Leadership: The Virginia Power 50 List
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: DAVID LEVY

In October 2023, Levy was tapped to lead Amazon Web Service’s worldwide public sector business, overseeing government contracting activities for Amazon.com’s cloud computing subsidiary, as well as business for educational, nonprofit and health care organizations. In 2023, AWS recorded $90 billion in net sales, up from $80 billion in 2022. Last year, AWS announced it […]

The Power 50
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: PHEBE N. NOVAKOVIC

Novakovic has led General Dynamics, the world’s sixth largest aerospace and defense company, since 2013. During her tenure as CEO, General Dynamics won the Navy’s largest-ever contract, up to $24.2 billion, to build nuclear submarines. The Fortune Global 500 company employs more than 100,000 people and recorded $42.3 billion in revenue for fiscal 2023, a […]

Health Care 2023: ANTHONY ‘TONY’ BAKER
Virginia 500 August 29, 2024

Health Care 2024: ANTHONY ‘TONY’ BAKER

Baker leads Fortune 500 pharma manufacturer Merck’s vaccine operations in Elkton. The company founded a plant in the Rockingham County town in 1941. Early in his career, Baker spent seven years at Pennsylvania-based Biopharm Project Solutions as a senior process specialist. He joined Merck in 2008 as a process engineer and went on to engineering […]

Real Estate 2023: LAURA D. LAFAYETTE
Virginia 500 August 29, 2024

Real Estate 2024: LAURA D. LAFAYETTE

Between her leadership positions with the Richmond Association of Realtors and the Central Virginia Regional Multiple Listing Service, Lafayette serves more than 6,800 Realtors in Central Virginia. This year, she’s become an even more powerful voice in the Richmond real estate community in the wake of a landmark court settlement that’s changing how homeowners buy […]

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Virginia 500 August 29, 2024

Real Estate 2024: JON M. PETERSON

Founded in 1965 by Peterson’s late father, Milt, Peterson Cos. is responsible for some of the most prominent and successful mixed-use retail, residential and office developments in Northern Virginia and Maryland, including Fairfax Corner, Fair Lakes, National Harbor, Burke Centre and Tysons McLean Office Park. Peterson, who became executive committee chairman in 2016 and CEO […]

Retail | Wholesale | Food | Beverage 2023: DREW PARKER
Virginia 500 August 29, 2024

Retail 2024: DREW PARKER

Carter Machinery has deep roots in Virginia, tracing back to 1928, when Robert Hill Carter founded Virginia Tractor in Richmond. The company was the state’s first Caterpillar dealership, and it is still going today as an independent dealer with more than 30 locations. It has more than 2,300 employees in Virginia, West Virginia, Maryland, Delaware […]

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Virginia 500 August 29, 2024

Transportation 2024: RYAN BANAS

Banas oversees the $3.9 billion Hampton Roads Bridge-Tunnel Expansion, the largest highway construction project in Virginia’s history and one of the largest infrastructure projects in the country. Milestones this year included one on April 17 when the tunnel boring machine, nicknamed Mary, completed its much-anticipated journey to North Island, broke through the headwall and created […]

Transportation: ED ALDRIDGE
Virginia 500 August 29, 2024

Transportation 2024: SHEPPARD ‘SHEP’ MILLER III

A former defense contracting executive and Norfolk native, Miller was appointed secretary by Gov. Glenn Youngkin in 2022. He is responsible for Virginia’s rail, roads, transit and ports. As chair of the Commonwealth Transportation Board, Miller has a great deal of say on the state’s transportation funding of major road expansion and improvement projects, as […]

Transportation 2023: JOHN E. ‘JACK’ POTTER
Virginia 500 August 29, 2024

Transportation 2024: JOHN E. ‘JACK’ POTTER

Potter oversees two of the busiest airports in the country — Ronald Reagan Washington National and Washington Dulles International — as well as the Dulles Toll Road. In 2023, 50.6 million passengers came through the two Northern Virginia airports, setting a new travel record. Meanwhile, Reagan National was at the center of controversy when the […]

Transportation 2023: JOSEPH P. ‘JOE’ RUDDY
Virginia 500 August 29, 2024

Transportation 2024: JOSEPH P. ‘JOE’ RUDDY

Ruddy, who has served two terms as COO, from 2011 to 2014, and since 2021, oversees information technology, safety, security, expansion projects and maintenance for the Virginia Port Authority affiliate that runs the Port of Virginia. That’s always a big job, but the past year has added some extra challenges. This spring, the Port of […]

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Top Stories

The NASA flag waving along with the American flag in the background. Taken March 5, 2021, in Washington, D.C. Photo by AdobeStock

NASA Langley could lose 672 jobs under Trump’s proposed budget

Trump’s 2026 budget proposal could slash 672 jobs at NASA Langley Research Center in Hampton.

Photo of four-story building

Owens & Minor ends $1.36B deal to buy home-based care business

Owens & Minor canceled its $1.36B acquisition of Rotech, citing regulatory delays.

President Donald Trump talks to workers as he tours U.S. Steel Corporation's Mon Valley Works-Irvin plant, Friday, May 30, 2025, in West Mifflin, Pa. (AP Photo/Julia Demaree Nikhinson)

Trump’s promised steel and aluminum tariffs go into effect

U.S. President Donald Trump hiked nearly all steel and aluminum tariffs to 50% in a move that’s se[...]

Presenting the 2025 Virginia C-Suite Awards

Presenting the 2025 Virginia C-Suite Awards

Virginia Business is proud to present our inaugural Virginia C-Suite Awards, honoring 33 top executi[...]

Freddie Mac headquarters in McLean. Photo courtesy Freddie Mac

41 Virginia companies made the 2025 Fortune 1000

Forty-one companies headquartered in Virginia made the grade in Fortune magazine’s 71st annual For[...]

Newport News Shipbuilding hits milestone with dual Ford-class carrier builds

Newport News Shipbuilding to furlough 471 workers

Newport News Shipbuilding on Friday announced that it will furlough 471 shipbuilders for up to five [...]

People

Danny Deep. Photo courtesy General Dynamics

General Dynamics promotes EVP to global operations

5/6/2025

Rajeev Rai. Photo courtesy Groundworks

Virginia Beach-based Groundworks hires CTO

30/5/2025

BWX Technologies has appointed Gonzalo Cajade as its new chief human resources officer. Photo courtesy BWX Technologies

Lynchburg-based BWXT taps new CHRO

29/5/2025

Regions

A construction worker made of Lego bricks. Photo by Kira Jenkins/Virginia Business

Lego to build $366M Prince George County warehouse

Lego will invest $366 million in a new warehouse in Prince George County, creating an estimated 305 [...]

Companies sue over Valley medical marijuana permit

Companies sue over Valley medical marijuana permit

Seven businesses are suing Virginia over a disputed medical marijuana permit in the Shenandoah Valle[...]

Heard Around Virginia and the nation

Heard Around Virginia May 2025

A roundup of monthly business news from regions across Virginia including Central Virginia, Northern[...]

New law to reduce Appalachian Power rates

New law to reduce Appalachian Power rates

Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers [...]


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