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Home>Virginia Business

Virginia Business

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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 Leonardo 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

Government | Politics | Lobbying 2025: LUCAS, SEN. L. LOUISE

FBI raids Sen. Louise Lucas’ office, business in Portsmouth

FBI agents raided Virginia Democratic Sen. Louise Lucas' Portsmouth district office and nearby canna[...]

Private: 2026 Virginia Forty under 40 Awards

2026 Forty Under 40 Awards

Across Virginia, a rising generation of professionals is stepping into leadership roles, shaping ind[...]

Real Estate 2023: BENJAMIN SCHALL

AvalonBay discussing merger with Equity Residential, Bloomberg reports

Arlington-based AvalonBay Communities is in early discussions about a potential merger with Chicago-[...]

A rendering of VCU Health's Pauley Heart Center Pavilion. Image courtesy VCU Health

VCU Health breaks ground on $90M facility in Richmond

VCU Health on Wednesday broke ground on a new $90 million medical facility in Richmond’s Diamond D[...]

H. Garrett Hart III. Photo courtesy Chesterfield County

Chesterfield economic development director to retire in January

Chesterfield economic development leader Garrett Hart will retire after helping secure more than $12[...]

The Jefferson Lab is based in Newport News. Photo by Josh Janney

New details emerge on Jefferson Lab transition in June

New details about the future of the Jefferson Lab have emerged following last month’s announcement[...]

People

Zachary C. Lauer. Photo courtesy Trex

Winchester’s Trex names COO

5/5/2026

BridgeTower Media names Sandy Almendarez vice president of content

BridgeTower Media names Sandy Almendarez vice president of content

4/5/2026

Booz Allen Hamilton's new Chief Financial Officer Troy Lahr. Photo courtesy Sierra Space

Booz Allen hires former Boeing exec as CFO

28/4/2026

Regions

A rendering of the Valley Health Winchester Medical Center Mary Free Bed Rehabilitation Tower Rendering courtesy Valley Health

Valley Health to expand with two new buildings

Valley Health is expanding its Winchester campus with a $20.9 million behavioral health pavilion and[...]

A hydrogen power plant could be located at the Lonesome Pine Regional Business & Technology Park in Wise County. Photo courtesy Wise County Industrial Development Authority

Data center developers seek on-site energy in Wise

Wise County data center developers plan a $1 billion campus powered by hydrogen or natural gas, aimi[...]

Gov. Abigial Spanberger vetoed a bill that would have allowed a casino in the Tysons area. Photo by Adobe Stock

Spanberger says no to Fairfax casino with veto

Gov. Abigail Spanberger vetoed a bill that would have allowed a Fairfax County casino referendum, ci[...]

A rendering prepared by Cox, Kliewer & Co. of the data center rejected by Chesapeake City Council last year Rendering courtesy City of Chesapeake

Chesapeake considers stricter data center regulations

Chesapeake city officials consider new zoning rules to regulate data center development near residen[...]


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