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Virginia snags “Best Business Climate” state ranking
Virginia is the state with the “Best Business Climate” in the nation, according to Business Facilities magazine’s 17th annual State Ranking Report, released Wednesday. Last year, Texas held the No. 1 spot, with Virginia taking second. After falling off Business Facilities’ top 10 list in 2014 and 2015, Virginia placed ninth in 2016, fourth in […]
Arlington federal contractor acquires Alexandria tech firm
Arlington-based IT services federal contractor Planned Systems International Inc. acquired Alexandria-based technology company ProSphere Tek Inc., it announced Thursday. Financial details of the transaction were not disclosed. Founded in 2006, federal contractor ProSphere designs and maintains mission-critical systems, supports data center operations and migrates business services to public clouds[...]
Shield AI acquires Alexandria-based defense contractor
Alexandria-based defense contractor Heron Systems Inc. was acquired by San Diego-based technology company Shield AI, according to announcement Thursday from Shield AI. Financial details of the transaction were not disclosed. The companies will work on the deployment of artificial intelligent pilots for military aircraft. Shield AI is applying self-driving car technologies to military aircraft, acc[...]
Southern Fairfax retail property sells for $14.2M
A private buyer has purchased a 7.1-acre retail property in southern Fairfax County for $14.2 million, Avison Young Capital Markets Group announced last week. The property at 6001 Kingstowne Village Parkway in the Alexandria area, off Telegraph Road, was sold by The Halle Cos. and is fully leased to an Aldi supermarket, a La-Z-Boy store […]
NoVA CEO to be nominated for U.S. Navy secretary
Carlos Del Toro, president and CEO of Alexandria-based defense contractor SBG Technology Solutions, will be nominated to become secretary of the U.S. Navy, President Joe Biden announced Friday. If confirmed by the U.S. Senate, Del Toro will be the second Latino man to serve as head of the U.S. Department of the Navy, after Edward […]
Kongsberg wins Army contract extension worth $499M
The U.S. Army has awarded a $499.17 million contract modification to weapon stations provider Kongsberg Defence & Aerospace AS, a Norwegian company with its U.S. headquarters based in Alexandria. Work locations and funding will be determined with each order, the U.S. Department of Defense announced, estimating completion in September 2023. The contract for production, system […]
Boeing makes record $50M gift to Va. Tech Innovation Campus
Aerospace and defense contractor Boeing made a record $50 million, multiyear commitment to foster diversity at the Virginia Tech Innovation Campus under development in Alexandria, Virginia Tech announced Tuesday. The largest corporate donation ever made to Virginia Tech, the commitment from Chicago-based Boeing also ties the largest private donation the university has received, the $50 […]
Cuisine Solutions Inc. announces new chief marketing officer
Alexandria-based Cuisine Solutions Inc. announced Wednesday that it has hired Thomas Donohoe as its chief marketing officer. Donohoe served for the last 11 years as the CEO of Level Agency, a Pittsburgh-based performance marketing and advertising agency. He sold the agency to his colleagues in March. “I am thrilled to be starting my next chapter […]
Saving the day
Running from police, an unremarkable bad guy with sandy hair suddenly grabs a little girl and dangles the young hostage from the third floor of a mall atrium. As a gaggle of nonplused bad guys decked out in ’80s pastels and John Oates mustaches look on, the skylight above shatters. It’s Wonder Woman, swooping into […]
Tuition-free program for eligible community college students becomes law
Legislation creating a tuition-free community college program in Virginia became law Monday, as Gov. Ralph Northam held a bill signing ceremony at Northern Virginia Community College for the “Get Skilled, Get a Job, Give Back” program, one of his signature initiatives. Known as G3, the program provides funding for tuition, fees and books and other […]
Virginia Tech names new Innovation Campus leaders
Virginia Tech announced Monday that two current employees will take leadership roles in the university’s Alexandria-based Innovation Campus. Robin Jones has been named assistant vice president for Innovation Campus student services, after serving as assistant provost for planning and resource management at Tech. Dannette Gomez Beane has been named assistant vice provost for enrollment manage[...]
MWAA sells facial recognition system to Pangiam
VeriScan, a facial-recognition system developed by the Metropolitan Washington Airports Authority, has been sold to Alexandria-based Pangiam, a security and travel services provider, the company announced Friday. Terms of the transaction were not disclosed. More than 40 airlines use veriScan’s traveler verification system, which is an integrated biometric facial recognition program that debu[...]
