Va. Tech Innovation Campus building opening delayed
The opening of the first academic building on Virginia Tech’s Innovation Campus has been delayed to spring 2025, the university announced Thursday. Virginia Tech started construction on the first academic building of the $1 billion campus in Alexandria in September 2021 and had planned to open the $302 million building this August. The delay on […]
Wizards, Capitals plan Alexandria move in $2B deal
The Washington Capitals and Washington Wizards are planning a move to a new home in Alexandria in a $2 billion deal that would see the professional sports franchises exit Washington, D.C., by 2028, Virginia Gov. Glenn Youngkin announced Dec. 13, 2023. The nonbinding agreement to build a new arena for the Capitals and Wizards is […]
Visit Alexandria CEO announces retirement
Visit Alexandria President and CEO Patricia Washington will retire at the end of June 2024, the tourism organization announced Friday. Washington has led Visit Alexandria since 2012. She led two rebranding efforts and four brand campaigns and helped Alexandria become a national tourism destination, according to a news release announcing her retirement. The City of […]
Wizards, Capitals plan move to Alexandria in $2B deal
The Washington Capitals and Washington Wizards are planning a move across the Potomac River to a new home in Alexandria in a $2 billion deal that would see the professional sports franchises exit Washington, D.C., by 2028, Virginia Gov. Glenn Youngkin announced early Wednesday. The nonbinding agreement to build a new arena for the Capitals […]
Scout Space founder has out-of-this-world goals
Eric Ingram wanted two things as a kid: blue hair and to travel to space. As CEO of Alexandria-based aerospace startup Scout Space, Ingram found the freedom to establish his now-trademark electric-blue hair. And it might provide the boost to reach that other goal. Ingram co-founded Scout Space in 2019 while he was furloughed from […]
Two NoVa companies receive $1.5B DOD tech contract
Two Northern Virginia-based federal contractors have received a five-year contract valued up to $1.5 billion to provide analytic and technical support services to the Department of Defense’s administrative and management organization. Falls Church-based Analytic Services, known as ANSER, and Alexandria-based Systems Planning & Analysis, known as SPA, will provide acquisition and sustain[...]
Alexandria’s SPA acquires aerospace co.
Alexandria-based Systems Planning & Analysis, a portfolio company of investment firm Arlington Capital Partners, has acquired Florida aerospace engineering company PRKK. Terms of the deal, which was announced Wednesday, were not disclosed. Founded in 2006 with primary work locations in Virginia and Colorado, PRKK has about 125 employees who will become part of SPA’s space […]
Federal Contractors | Technology 2023: TIMOTHY J. McBRIDE
Named president of ST Engineering North America in October 2021, McBride brings 30-plus years of experience at multinational public companies and government agencies to the role. Singapore Technologies Engineering, or ST Engineering, is a $9 billion global technology and engineering group with businesses across the aerospace, smart city, defense and public security industries. Its U.S. […]
Economic Development 2023: STEPHANIE LANDRUM
Economic growth in Northern Virginia continues surging with the ongoing construction of the $1 billion Virginia Tech Innovation Campus in Potomac Yard. In February, development reached a milestone when officials raised a steel beam to the 11th floor of the campus’s anchor building. The 300,000-square-foot structure is expected to open by the fall 2024 semester […]
Finance | Insurance 2023: NIGEL MORRIS
Morris plans to be “extremely disciplined” in coming months after a tough year for venture capital, he told TechCrunch in May. But his fintech investment company “remains intensely focused on building lasting, durable businesses.” Morris co-founded Capital One Financial in the early 1990s with Richard Fairbank, who remains the credit card giant’s chairman and CEO. […]
Education 2023: LANCE R. COLLINS
Collins came to Virginia from Cornell University in 2020 to build Virginia Tech’s Innovation Campus in Alexandria, a $1 billion development that will educate computer science and engineering students within a stone’s throw of Amazon’s $2.5 billion-plus HQ2 East Coast headquarters in Arlington. Slated to open in 2024, the Innovation Campus was a key part […]
Transportation 2023: JOHN CUOMO
In 2019, Cuomo took the helm of VSE, which provides aftermarket distribution and maintenance, repair and overhaul services for government and commercial customers in land, sea and air transportation. This year, VSE made some significant strategic moves, including acquiring Desser Aerospace’s distribution and maintenance, repair and operations sectors in July for $124 million. It also […]