Embattled GMU president survives board meeting with pay raise
George Mason University President Gregory Washington was not ousted at a board of visitors meeting but instead was given a raise.
Virginia firm to build $200M White House ballroom co-funded by Trump
The White House announced Thursday that it would add a $200 million, 90,000-square-foot ballroom to the people's mansion — with McLean's Clark Construction leading the building team.
Mars to pump $2B into U.S. manufacturing
Mars announced on Tuesday that it plans to invest $2 billion in its U.S. manufacturing operations throughout the country by the end of 2026.
Eight Northern Virginia medical offices sold in joint venture
Remedy Medical Properties and Kayne Anderson Real Estate recently acquired eight Northern Virginia medical office buildings.
Omniplex lays off 199 Chantilly workers
Chantilly-based security firm Omniplex World Services will lay off 199 employees on July 31, following the abrupt termination of a contract.
Strategy’s holdings hit $70B+ as bitcoin breaches $118K
Bitcoin hits $118K+ as Tysons-based Strategy, the largest corporate holder of bitcoin, sees its crypto holdings’ value grow to over $70B.
Amentum completes sale of Rapid Solutions for $360M
Amentum has completed the sale of its hardware and product business, Rapid Solutions, to Lockheed Martin for $360 million.
CIA pays Peterson Cos. $246M for Virginia office building
The CIA recently purchased a massive 10-story office building in Chantilly for $246 million, according to Fairfax County tax records.
22nd Century Technologies adds 880 jobs in Virginia
22nd Century Technologies plans to invest $1 million to expand its headquarters in Fairfax County and offices across Virginia.
SAIC secures $928M Air Force contract
Science Applications International Corp. announced that it has been awarded a $928 million, five-year contract to support the Air Force.
EU opens investigation into $35.9B Mars-Kellanova merger; FTC approves deal
The European Union's antitrust watchdog organization has opened an in-depth investigation into Mars' proposed $35.9 billion acquisition of Kellanova
Tysons company acquired in $5B wireless tech deal
Casa del Fuego Family Office and Trust acquires Digital Global Systems in all stock transaction valued at $5B.