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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

Government Contractors | Technology 2025: SMITH, CAREY A. 
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: SMITH, CAREY A. 

A seven-time winner of Executive Mosaic’s Wash100 Award recognizing leading government contracting executives, Smith joined Fortune 1000 defense contractor Parsons in 2016 and quickly rose through its ranks. Smith helped take Parsons public in 2019 and led its acquisition and integration of many companies, including its $89 million acquisition of Chesapeake Technology International in July, [...]

Energy 2025: BLUE, ROBERT M. ‘BOB’
Energy 25 September 1, 2025

Energy 2025: BLUE, ROBERT M. ‘BOB’

Blue oversees Fortune 500 utility Dominion, which has 14,700 employees and provides regulated electricity service to 3.6 million customers in Virginia, North Carolina and South Carolina, and regulated natural gas service to 500,000 customers in South Carolina. Blue began his career with Dominion as managing director of state affairs and corporate policy in 2005. After […]

Energy 2025: SABEL, MIKE
Energy 25 September 1, 2025

Energy 2025: SABEL, MIKE

Sabel, a billionaire former investment banker, co-founded Venture Global in 2013 with finance lawyer Robert Pender, exporting U.S.-produced liquefied natural gas. In January the company went public, and shares opened nearly 4% below its $25 IPO price, earning a valuation of $58.2 billion, and its stock fell to a low of $7 in April, although […]

Government Contractors | Technology 2025: BRADY, CHRIS
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: BRADY, CHRIS

Brady has led General Dynamics Missions Systems, a business unit of the Reston-based Fortune 100 aerospace and defense contractor General Dynamics, since 2019, after serving as vice president of engineering. He oversees more than 12,000 workers across more than 75 facilities worldwide. GDMS manufactures and integrates intelligence, surveillance and reconnaissance systems, communications systems an[...]

Government Contractors | Technology 2025: TOWNES-WHITLEY, TONI
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: TOWNES-WHITLEY, TONI

In 2023, Townes-Whitley took the reins of federal contractor SAIC, becoming one of only two Black women who currently lead Fortune 500 companies as CEOs. SAIC, which has about 24,000 employees, reported fiscal 2025 revenue of $7.48 billion, an increase from $7.44 billion from fiscal 2023. In June, SAIC received a $928 million U.S. Air […]

Government Contractors | Technology 2025: WILKINSON, KARI
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: WILKINSON, KARI

In January, Wilkinson took over leadership of Newport News Shipbuilding, a division of HII and the state’s largest industrial employer, with more than 26,000 workers. She succeeds Jennifer Boykin, who retired. Wilkinson spent three decades at HII’s Mississippi-based Ingalls Shipbuilding, becoming its president in 2021. She oversaw 11,000 workers who design, build and maintain amphibiou[...]

Health Care 2025: PESICKA, EDWARD A.
Health Care | Biotech | Pharmaceuticals 25 September 1, 2025

Health Care 2025: PESICKA, EDWARD A.

Pesicka became CEO of Fortune 500 health care logistics and supply company Owens & Minor in 2019. In 2023, he announced a five-year strategic plan for the company to increase profits and reduce costs. Owens & Minor reported $10.7 billion in fiscal 2024 revenue, up from $10.3 billion in 2023. The company has been engaged […]

Government Contractors | Technology 2025: LYNN III, WILLIAM J. ‘BILL’
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: LYNN III, WILLIAM J. ‘BILL’

Following the completion of an all-stock merger in 2022 with Israel-based radar company Rada Electronic Industries, defense contractor Leonardo DRS went public, with Lynn ringing the closing bell at the Nasdaq. Leonardo DRS’ parent company, Italian defense contractor Leonardo SpA, retains 80.5% ownership of the company. Lynn has led Leonard DRS since 2012. He served […]

Government Contractors | Technology 2025: WARDEN, KATHY
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: WARDEN, KATHY

After previously serving as its president and chief operating officer, in 2019 Warden was named CEO of Northrop Grumman, one of the world’s largest aerospace and defense companies. No. 68 on Fortune’s 2025 list of the world’s 100 Most Powerful Women, Warden worked for General Dynamics and Veridian before joining Northrop Grumman in 2008. Ranked […]

Education 2025: COSTIN, MAJ. GEN. DONDI E. (U.S. AIR FORCE, RET.)
Education 25 September 1, 2025

Education 2025: COSTIN, MAJ. GEN. DONDI E. (U.S. AIR FORCE, RET.)

Costin, a retired 32-year Air Force veteran who went on to serve five years as president of Charleston Southern University, became president of Liberty in 2023 during a time of turmoil. The private evangelical university was rocked by the 2020 ouster of former President and Chancellor Jerry Falwell Jr., the late founder’s son, and in […]

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Top Stories

Eli Lilly Chair and CEO Dave Ricks speaks at a news conference in Richmond on Sept. 16, 2025, announcing the pharmaceutical company's $5 billion investment in a new manufacturing plant in Goochland County. Photo by Katherine Schulte

Eli Lilly to invest $5B in Goochland plant, creating 650 jobs

Pharmaceutical giant Eli Lilly & Co. plans to invest $5 billion in a manufacturing facility in Gooch[...]

Four cards and a stack of chips on a green felt table

Virginia casinos report $84.8M in August revenue

August gaming revenues from Virginia’s three casinos totaled $84.8 million, up $90,000 from July a[...]

Norfolk Airport cancels development contract for 165-room hotel

Norfolk Airport cancels development contract for 165-room hotel

The Norfolk Airport Authority recently canceled a contract to develop a 165-room hotel due to an all[...]

Systems Planning & Analysis will expand its Alexandria headquarters, the government contractor announced Sept. 11, 2025. Photo courtesy SPA

Government contractor to add 1,200 jobs in Alexandria and Fairfax

Systems Planning & Analysis (SPA) announced Thursday it plans to expand its headquarters, increase i[...]

Nightingale Ice Cream Sandwiches co-founder, CEO and President Hannah Pollack

Nightingale Ice Cream cancels expansion plans

Nightingale Ice Cream Sandwiches has canceled plans for a $5.8 million expansion into a new Richmond[...]

Youngkin, Senate Dems continue fight over university boards

Youngkin, Senate Dems continue fight over university boards

Virginia State Senate Democratic leaders are calling for George Mason University's rector to recuse [...]

People

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ODU hires new VP for national security initiatives

15/9/2025

Bob Ritchie has been promoted to chief growth officer at SAIC. Courtesy SAIC

SAIC names chief growth officer

12/9/2025

BWXT announces new chief strategy officer

BWXT announces new chief strategy officer

11/9/2025

Regions

Nostalgia-fueled Colony House reopens

Nostalgia-fueled Colony House reopens

Thanks to $10 million in 21st-century improvements, Roanoke’s Colony House Motor Lodge will on[...]

Chesterfield zoning update moves forward

Chesterfield zoning update moves forward

Chesterfield County advances ZOMod, its zoning overhaul aligning rules with growth goals. Final vote[...]

Peninsula businesses to get capital boost

Peninsula businesses to get capital boost

Small and midsize businesses in distressed and underserved areas of Hampton and Newport News will be[...]

Marion museum aims to ‘Do the Dew’

Marion museum aims to ‘Do the Dew’

The Birthplace of Modern Mountain Dew museum is expected to draw thousands of tourists with a thirst[...]


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