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Recent Articles from Virginia Business

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 […]

Education 2025: KRESS, ANNE M.
Education 25 September 1, 2025

Education 2025: KRESS, ANNE M.

After starting her post-secondary education career as a faculty member teaching English, Kress now presides over Virginia’s largest community college — and one of the nation’s largest — with more than 70,000 students across six campuses, including NOVA’s Medical Education Campus in Springfield. This year, NOVA opened its new data center operations training center in […[...]

Government Contractors | Technology 2025: RHYU, JAMES J.
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: RHYU, JAMES J.

Rhyu joined for-profit education tech company Stride in 2013 and has served as its CEO since 2021. Founded in 2000 as K12, Stride offers career-learning services for middle and high school curricula, programs for businesses and the military, and professional skills training in health care and technology for adult learners. Stride reported just over $2 […]

Education 2025: MCDONNELL, KARL
Education 25 September 1, 2025

Education 2025: MCDONNELL, KARL

Focused primarily on online learning for working adults, Strategic Education was formed in 2018 through the $2 billion merger of Strayer Education and Capella Education. Year-over-year revenue for Strategic Education increased nearly 5% in the first quarter of this year. McDonnell previously served as president and CEO of Strayer, which he joined in 2006. He […]

Government Contractors | Technology 2025: FERNANDEZ, RAUL
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: FERNANDEZ, RAUL

A Maryland native, Fernandez was named president and CEO of Fortune 500 IT services and consulting company DXC Technology in 2024 after serving as interim head. He succeeded former CEO Mike Salvino following three years of declining revenues. In May, the company’s board extended Fernandez’s contract through 2028. Headquartered in Ashburn, DXC has roughly 130,000 […]

Government Contractors | Technology 2025: HAYES, ROBIN
Federal Contractors | Technology | Aerospace 25 September 1, 2025

Government Contractors | Technology 2025: HAYES, ROBIN

Hayes began his career in aviation by delivering duty-free items to passengers at Boston’s Logan International Airport. In 2024, he 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 was previously JetBlue’s CEO. Hayes took on [...]

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Top Stories

What to watch for in the Virginia governor’s race debate between Spanberger and Earle-Sears

Candidates in Virginia governor’s debate clash over shutdown and violent rhetoric

RICHMOND, Va. (AP) — Republican Winsome Earle-Sears and Democrat Abigail Spanberger faced off [...]

AstraZeneca plans multibillion-dollar pharma factory in Virginia

AstraZeneca to invest $4.5B in Albemarle manufacturing plants

AstraZeneca will invest $4.5 billion to establish two new manufacturing facilities in Albemarle Coun[...]

What to watch for in the Virginia governor’s race debate between Spanberger and Earle-Sears

What to watch for in the Virginia governor’s race debate between Spanberger and Earle-Sears

Virginia governor hopefuls Abigail Spanberger and Winsome Earle-Sears debate at Norfolk State in a k[...]

Photo of four-story building

Owens & Minor to sell largest business segment for $375M

Fortune 500 company Owens & Minor, based in Henrico County, announced Wednesday that it plans to sel[...]

Image by AdobeStock

Hampton Roads too reliant on federal dollars, economists warn

Economists warn that the Hampton Roads region is overly reliant on federal spending and is at risk i[...]

Trump administration threatens no back pay for federal workers in shutdown

Trump administration threatens no back pay for federal workers in shutdown

The Trump administration says furloughed workers aren’t guaranteed back pay during the shutdown, r[...]

People

William Streilein. Photo courtesy Noblis

Noblis names new CTO

9/10/2025

Anne Smith. Photo courtesy Hooker Furnishings.

Hooker Furnishings CAO to depart in cost-cutting plan

8/10/2025

Dale Wagoner plans to retire as CEO at the end of the year. Photo courtesy LMI

LMI CEO transitions to chairman

6/10/2025

Regions

Digital Gateway opponents score legal win

Digital Gateway opponents score legal win

A Virginia judge voided the rezoning for the $500M Prince William Digital Gateway project, siding wi[...]

Federal funding repeals could halt rural broadband expansion

Federal funding repeals could halt rural broadband expansion

The much-heralded broadband expansion efforts in Southwest Virginia may not come to fruition after a[...]

Danville invests $3 million to prep Coleman site

Danville invests $3 million to prep Coleman site

In July, Danville City Council members OK’d an infusion of funding for 158 acres on Gypsum Roa[...]

Data centers stir debate in Frederick

Data centers stir debate in Frederick

After rejecting two major data centers, Frederick County supervisors back a fact sheet to study impa[...]


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