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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

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Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: ROBIN HAYES

Hayes began his career in aviation by delivering duty-free items to passengers at Boston’s Logan International Airport. In June, Hayes became chairman and CEO of Airbus Americas, leading European corporation Airbus SE’s commercial aircraft business and coordinating among its helicopter, space and defense businesses in North America. Hayes oversees 10,000 Airbus employees across all 50 [&hellip[...]

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Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: JOHN HELLER

2023 was quite a year for Heller and his team. Having joined the federal contractor as its CEO the previous year, Heller led Amentum as it integrated three major acquisitions, executed a strategy to become a mission modernization partner for customers and announced an agreement to merge with Jacobs’ Critical Mission Solutions and Cyber and […]

Federal Contractors | Technology 2023: DELBERT PARKS
Virginia 500 August 29, 2024

Federal Contractors | Technology 2024: DELBERT PARKS

As vice president and site executive of Micron Technology Virginia, Micron’s high-tech semiconductor manufacturing facility for computer memory chips, Parks oversees more than 1,600 employees at one of Virginia’s largest exporters. And an upcoming, federally subsidized expansion will see the plant’s workforce nearly double in size, as Micron plans to move its existing DRAM manufacturing [&he[...]

Law 2023: MONICA T. MONDAY
Virginia 500 August 29, 2024

Law 2024: MONICA T. MONDAY

As chair of Gentry Locke’s executive board, which was formed in 2023, Monday leads the board’s work and oversees efforts to recruit, develop and retain legal and staff talent. Monday was named managing partner of the state’s eighth largest firm in 2013 — making her one of the first women to lead a large law […]

Virginia 500 August 29, 2024

2024 Virginia 500: Real Estate

PATRICK BAIN PRESIDENT AND CEO, THE LONG & FOSTER COS., CHANTILLY     STEPHEN BALLARD PRESIDENT AND CEO, S.B. BALLARD CONSTRUCTION, VIRGINIA BEACH     BRENDAN BECHTEL CHAIRMAN AND CEO, BECHTEL CORP., RESTON     BRIAN F. BORTELL PRESIDENT, CHAIRMAN AND CEO, TIMMONS GROUP, RICHMOND     BYRON L. BOSTON CO-CEO AND CHAIRMAN, DYNEX CAPITAL, […]

Real Estate 2023: RONALD J. LAUSTER JR.
Virginia 500 August 29, 2024

Real Estate 2024: RONALD J. LAUSTER JR.

President of the firm since 2018, Lauster manages a wide array of innovative projects. One such project is the Virginia Living Museum’s 23-acre campus: the Wild Care Center. Opening in early fall, the 5,000-square-foot facility, which includes numerous sustainable and energy-conserving design features, is creating a window into the world of veterinary and preventative animal […]

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Virginia 500 August 29, 2024

Education 2024: TRACY FITZSIMMONS

Shenandoah’s president since 2008, Fitzsimmons joined the private liberal arts school in 2001 as dean of the College of Arts & Sciences. This year has been a big one for Shenandoah, with a record-breaking $20 million donation in May from SU alumnus Wilbur Dove and his wife, Clare, toward building a performing and visual arts […]

Manufacturing 2023: BRYAN FAIRBANKS
Virginia 500 August 29, 2024

Manufacturing 2024: BRYAN FAIRBANKS

Fairbanks was named Trex’s president and CEO after the retirement of James Cline in April 2020. He had been executive vice president and chief financial officer before stepping into the top role. Fairbanks joined the publicly traded composite decking and railing manufacturer in 2004. Before Trex, he served in several senior finance roles at Ford […]

Manufacturing 2023: FREDRIK HÖGBERG
Virginia 500 August 29, 2024

Manufacturing 2024: FREDRIK HÖGBERG

A native of Sweden, Högberg became president of Volvo Penta North America in 2022. He joined Volvo Group in 1994 and has held a variety of positions, including in digital services, retail development and aftermarket sales. He previously was the senior vice president for digital and IT services for Mack and Volvo Trucks North America. […]

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Virginia 500 August 29, 2024

Banking | Finance 2024: LAWRENCE ‘LARRY’ DI RITA

Di Rita has led the greater Washington D.C., market for Bank of America since 2019. He’s also the bank’s head of global public policy.  Di Rita joined the bank as an external affairs executive in 2006 after previously making a name for himself in the U.S. Navy and the federal government.  From 1980 until 1993, […]

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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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