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Hampton Roads leverages regional economic assets
Hampton Roads drives growth with $1.5 billion in investments across defense, energy, aerospace, and logistics sectors in 2025, boosting jobs and infrastructure.
Avio USA picks Pittsylvania for $500M solid rocket motor plant
Avio USA will build a $500 million rocket motor plant in Pittsylvania County, creating 1,000+ jobs in defense and space manufacturing.
American Systems wins $173M Navy contract
American Systems announced that it has received a $172.7 million Navy contract to continue testing and evaluating new military technologies.
Amentum wins French contracts worth $730M
Amentum announced on Tuesday it has won a suite of new contracts from Électricité de France worth up to $730 million
Amentum subsidiary secures potential $656M Navy contract
Amentum Mitie Pacific has been awarded a potential $656.36 million contract to provide support services at Navy Support Facility.
Wall Street ends mixed as tech dips, defense stocks rally
Jan 8 (Reuters) – Wall Street ended mixed on Thursday, as Nvidia and other technology stocks dipped, while defense companies advanced after President Donald Trump called for an enlarged $1.5 trillion military budget. Nvidia, Broadcom and Microsoft declined. A drop in the S&P 500 technology index left it down about 1% so far in 2026, as investors grew […]
Booz Allen triples venture capital fund
Booz Allen Hamilton, a Fortune 500 government contractor based in McLean, has tripled its venture capital commitment with the intent to invest in more defense tech companies. Booz Allen announced in 2022 its first commitment of $100 million to 17 companies, including Vienna-based Corsha and Rosslyn-based Shift5. The company’s first VC round focused on deep […]
Avio USA picks Virginia for $500M solid rocket motor factory
Avio USA plans a Virginia solid rocket motor facility, committing up to $500 million to expand U.S. aerospace and defense production.
HII wins up to $471.97M Navy contract
Huntington Ingalls Industries has won a Navy contract worth up to $471.97 million to provide engineering support for aircraft carriers.
Electra launches defense business unit
Manassas-based aviation startup Electra.aero on Wednesday announced that it has launched a new defense business unit.
100 people to meet in 2026: Contractors
Federal funding is the fuel that primes Virginia’s economic engine, and these government contracting executives are the drivers directing major projects for civilian, defense and intelligence agencies.
