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DOJ reaches deal with Boeing to avoid prosecution over 737 Max crashes
Boeing reaches $1.1B deal with DOJ to avoid criminal charges over 737 Max crashes that killed 346; victims’ families strongly oppose the agreement.
RTX subsidiary secures $580M Navy contract
Raytheon, a subsidiary of Arlington County-based Fortune 500 aerospace and defense contractor RTX, has received a $580.58 million U.S. Navy contract, the Defense Department announced May 15.
Justice Department says it may drop criminal prosecution of Boeing over Max crashes
The Justice Department may drop its criminal prosecution of Boeing for allegedly misleading U.S. regulators about the 737 Max jetliner before two of the planes crashed and killed 346 people in 2018 and 2019, according to a weekend court filing.
Boeing, trying to emerge from one of company’s most difficult eras, is having a pretty good week
Boeing secures a $96 billion jet order from Qatar and a major deal with Saudi Arabia as Trump visits the Middle East. Boeing stock hits yearly high.
CoStar to purchase Australian property listings platform for $1.9B
Arlington County real estate data firm CoStar Group announced Friday it has signed a deal to acquire Domain, an Australian property listings platform, for 3 billion in Australian dollars, or $1.9 billion in U.S. dollars.
New Arlington hub to boost defense, energy startups
Virtus Innovation Center in Arlington will support 30+ startups in defense and energy, connecting them to talent, capital, and federal customers.
Thousands of machinists union members go on strike at jet engine maker Pratt & Whitney
About 3,000 labor union members went on strike early Monday at jet engine maker Pratt & Whitney in Connecticut, as negotiations over wages, retirement benefits and job security broke down. The manufacturer is a subsidiary of Arlington County-based RTX.
Professional Services Council names ex-Trump official new CEO
The Professional Services Council has named former Trump official Jim Carroll as its new CEO, succeeding David Berteau after nine years of leadership.
Amazon’s HQ2 hiring falls short of 2024 target
Amazon's HQ2 in Arlington has hired 7,232 workers — below its 2024 goal. Since 2018, Amazon has made more than $2.5 billion in capital investment at HQ2.
19 Virginians are finalists for EY Mid-Atlantic Entrepreneur of the Year
Nineteen Virginia entrepreneurs are finalists for EY’s 2025 Mid-Atlantic Entrepreneur of the Year award, with winners to be announced June 18.
Boeing doesn’t expect its recovery to be impacted by trade war with China
Boeing CEO Kelly Ortberg said Wednesday that he doesn't expect the U.S. trade war with China to forestall the Arlington County-based company's financial recovery. Meanwhile, RTX and General Dynamics surpass Wall St. expectations and Northrop Grumman is below forecast.
Arlington entrepreneur prepares for Blue Origin space flight
Arlington entrepreneur and former NASA engineer Aisha Bowe will be a member of the first all-woman crew set to fly to the edge of space next week as passengers on a commercial rocket. Along with singer Katy Perry and CBS Mornings co-host Gayle King, Bowe is scheduled to take an 11-minute flight April 14 on […]
