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Northrop Grumman taps new CFO
Northrop Grumman has elected former Discover Financial executive John Greene to be its chief financial officer.
CarMax CEO out after nearly a decade
CarMax CEO Bill Nash is stepping down after nearly 10 years. David McCreight will serve as interim CEO starting Dec. 1.
Dominion plans more natural gas, solar in 20-year forecast
Virginia's future could hold more solar and natural gas power generation, according to an integrated resource plan filed by Dominion Energy this month.
Booz Allen Hamilton announces new round of layoffs
Booz Allen Hamilton is initiating another round of layoffs amid declining revenues in its most recent quarter.
Owens & Minor to sell largest business segment for $375M
Fortune 500 company Owens & Minor, based in Henrico County, announced Wednesday that it plans to sell its Products & Healthcare Services segment for $375 million to Platinum Equity.
SAIC to acquire Maryland tech firm for $205M
Science Applications International Corp. has entered into a definitive agreement to acquire SilverEdge Government Solutions for $205 million.
Raytheon wins $5B Army contract
The U.S. Army has awarded Raytheon, a subsidiary of RTX, a roughly $5 billion contract to supply its Coyote Missile System.
Women execs have tougher climb to top rung
We’ve written about glass ceilings and glass cliffs, but to quote the Beatles, let’s look through the glass onion. What’s the glass onion? Well, it’s a metaphor I’m using to describe the multilayered challenges facing women who aspire to be CEOs. The good news is, there are more female CEOs than in years before, including […]
RTX subsidiary lands $578.6M Army contract
Raytheon has been awarded a $578.63 million U.S. Army contract to procure Stinger missiles, ancillary equipment and related support.
RTX subsidiary hit by major cyberattack
A major ransomware against an RTX subsidiary disrupted check-in and boarding systems at several airports across Europe over the weekend
Virginia’s Performance Food Group exploring merger with US Foods
Performance Food Group has entered into an agreement with US Foods to begin sharing information, hinting at a possible merger.
