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‘Flight to quality’
When Jessica Bronner wants to meet up with friends for a drink or meal, she doesn’t have to move her car from the garage at Ink, the luxury apartment building where she lives in Richmond’s trendy Scott’s Addition neighborhood. Developed by Glen Allen-based Capital Square and completed in January 2022, the 80-unit Ink is one […]
Boeing receives $2.25B Air Force tanker contract
Arlington-based Boeing Co. will help the Air Force expand its fleet of KC-46A Pegasus tanker aircraft under a $2.25 billion contract modification announced by the Pentagon Friday. The award covers the service’s ninth production lot and includes 15 of the tankers as well as data, subscriptions and licenses. To date, 68 KC-46A Pegasus tankers have […]
Nat’l Science Teaching Assoc.’s Arlington HQ sells for $14M
The Arlington headquarters of the National Science Teaching Association has sold for $14 million, CBRE announced Thursday. Washington, D.C.-based The Fortis Cos., a real estate development and investment company, purchased the 48,000-square-foot building at 1840 Wilson Blvd. The transaction also includes two on-site restaurants: Rhodeside Grill at 1836 Wilson Blvd. and Il Radicchio at 1801 [&helli[...]
Richmond apartments sell for $19.3M
Arlington-based Ritz Banc Group has acquired the Forest Ridge Apartments complex in Richmond from Colony Management for $19.3 million, Colliers announced Jan. 4. The apartment community has 135 units and is located in the Stratford Hills neighborhood, at 2665 Granite Hills Circle. Most of the units have townhome-style floorplans. The new owners are planning renovations […]
AWS teaches cloud skills in Arlington
Christie Bibbs already works in the tech industry as a systems engineer, but she wanted to add cloud computing tools to her abilities. Through the Black Women in Tech Facebook group, Bibbs learned about Amazon Web Services Inc.’s new Arlington-based Skills Center and signed up for a three-part cloud practitioner course. During the free, in-person […]
Raytheon contracts include radar surveillance for Taiwan
Arlington County-based Raytheon Technologies Co. was awarded two large contracts this week to help sustain a foreign surveillance radar program and for the continued production and delivery of its AIM-9X Sidewinder missile, the Pentagon announced this week. Under a $412.6 million Air Force contract announced Wednesday, Raytheon will provide continued sustainment to the Taiwan Surveillance [&hellip[...]
Arlington hires new economic development director
Arlington Economic Development‘s new director is Ryan Touhill, Arlington County Manager Mark Schwartz announced Monday. Touhill will assume the role on Nov. 28. He succeeds Shannon Flanagan-Watson, who has been serving as interim director since Telly Tucker announced he was leaving to return to Danville, where he became president of the Institute for Advanced Learning […]
HII leases space in National Landing
Newport News-based Huntington Ingalls Industries Inc. could soon add its name to a building in Arlington‘s National Landing area. The Fortune 500 military shipbuilder has signed an 11.5 year lease with JBG Smith for 36,809 square feet in an 11-story office tower at 2451 Crystal Drive, the Bethesda, Maryland-based real estate firm announced Tuesday. The […]
Accenture Federal Services lands $189M CDC contract
Arlington-based Accenture Federal Services has received a $189 million contract to help speed the Centers for Disease Control and Prevention’s migration to the cloud. According to a news release Thursday, AFS will work with the CDC modernize its portfolio of information technology systems, examine enhancing functionality of those systems, and move systems into a secured […]
Leonardo DRS wins $579M Army contract
Arlington-based Leonardo DRS Inc. has received a five-year, $579 million contract to make the Army’s next-generation thermal weapons sight, the company announced Monday. The company’s electro-optical infrared systems business will produce the device — a stand-alone, clip-on weapon sight that connects wirelessly to helmet-mounted vision systems. Called the Family of Weapons Sights �[...]
Zebox opens U.S. incubator in Arlington
ElectroTempo Inc. CEO and co-founder Ann Xu wants her company’s software to reach 70% of the United States by 2027. Founded in 2020, Electro Tempo provides analytics and tools to help vehicle fleets, utilities and governments optimize the size and location of electric vehicle-charging infrastructure. The company took a step toward accomplishing its goal by […]
Raytheon wins $985M Air Force hypersonic missile contract
Raytheon Technologies Corp.’s missile and defense division has received the go-ahead from the Air Force to move beyond the prototype phase and continue development of a new hypersonic cruise missile weapon under a nearly $1 billion contract announced by the Pentagon Thursday. The Hypersonic Attack Cruise Missile is an air-launched, maneuverable weapon propelled by a […]
