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Fortune 500

Photo of four-story building
Oct 8, 2025

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.

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Oct 7, 2025

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
Oct 3, 2025

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.

On pins and needles
Sep 29, 2025

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
Sep 25, 2025

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.

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Sep 22, 2025

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

Retail | Wholesale
Sep 16, 2025

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.

Bob Ritchie has been promoted to chief growth officer at SAIC. Courtesy SAIC
Sep 12, 2025

SAIC names chief growth officer

SAIC promotes Bob Ritchie to chief growth officer, uniting technology and business development.

Dollar Tree announced that Brent Beebe will be promoted to chief merchandising officer effective April 2026. Photo Courtesy Dollar Tree
Sep 9, 2025

Dollar Tree promotes exec to chief merchandising officer

Dollar Tree announced Tuesday that Brent Beebe will be promoted to chief merchandising officer effective April 2026.

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Sep 9, 2025

$1.64B CACI defense contract paused after Accenture protest

Following a protest by Accenture Federal Services, the Government Accountability Office has paused a $1.64 billion defense contract awarded to Reston-based Fortune 500 government contractor CACI International. On Aug. 11, the Department of Defense — which President Trump recently rebranded as the Department of War by executive order, pending congressional authorization for a formal name [&hellip[...]

Skanska completes offshore wind staging project at Port of Virginia
Sep 2, 2025

Trump administration withdraws $39.27M for Norfolk offshore wind project

The Trump administration withdrew $39.27 million in federal funding that had been awarded for an offshore wind logistics port in Norfolk.

Banking | Finance 2025: ASBURY, JOHN C.
Sep 2, 2025

Banking | Finance 2025: HUTCHINS, MICHAEL T.

It’s musical chairs at Freddie Mac, Virginia’s top-ranked company on Fortune’s U.S. and Global 500 lists. In March, Hutchins became the government-sponsored home mortgage company’s interim CEO for the second time in a year after the Trump administration fired Diana Reid, who’d served as CEO just over six months. It’s a pivotal time for Freddie […]

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