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Owens & Minor rebrands after $375M sale of largest division
Owens & Minor completed the sale of its Products & Healthcare Services segment to Platinum Equity for $375 million.
CACI to buy Arka Group for $2.6B
CACI International announced Monday that it has entered an agreement to acquire aerospace and defense company Arka Group for $2.6 billion.
Dominion wind farm among 5 projects paused by Trump
Trump administration orders 90-day pause on five East Coast offshore wind projects, including Dominion Energy's $10.9 billion Coastal Virginia Offshore Wind.
Owens & Minor to change name on Dec. 31
Fortune 500 company Owens & Minor announced Thursday that it plans to change its name to Accendra Health, effective. Dec. 31.
Performance Food Group announces Jan. 1 CEO transition
Performance Food Group names Scott McPherson CEO effective Jan. 1, 2026, as George Holm transitions to executive chair.
GDIT wins $285M state cybersecurity contract
General Dynamics Information Technology has been awarded $285 million to strengthen the Virginia government’s cybersecurity infrastructure.
Peraton executive returns to SAIC as chief growth officer
Science Applications International Corp. announced that it has tapped Ravi Dankanikote to be chief growth officer, effective immediately.
Altria CEO Billy Gifford to retire in 2026
Altria Group announced Thursday that its CEO, Billy Gifford, has decided to retire, effective May 14, 2026.
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.
Raytheon joint venture wins $1.25B Israeli Iron Dome contract
Raytheon-Rafael Protection Systems has been awarded a $1.25 billion contract to supply Israel with Tamir surface-to-air missiles.
Performance Food Group and US Foods terminate merger talks
Goochland County-based Fortune Global 500 company Performance Food Group and US Foods have scrapped discussions of a merger.
Booz Allen Hamilton to relocate global HQ to Reston
Booz Allen Hamilton announced Monday that it is relocating its global headquarters from McLean to a newly constructed facility in Reston.
