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Amentum to lay off 56 Richmond-area employees
Amentum is laying off 56 Richmond area employees by Aug. 31 due to losing a nearly two-decade old contract with tobacco manufacturer Altria.
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.
Dollar Tree completes $1B Family Dollar sale
Dollar Tree on Monday announced it has completed the sale of its Family Dollar business segment for about $1 billion.
Dominion promotes Baine to EVP of utility operations
Edward H. “Ed” Baine is being promoted to executive vice president of utility operations for Dominion Energy.
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.
RTX subsidiary wins $646M contract modification
Raytheon has been awarded a $646 million contract modification to continue producing the AN/SPY-6(V) family of radars for the U.S. Navy.
RTX subsidiary wins $536M Navy contract
Raytheon has won a $536 million U.S. Navy contract for the SPY-6 family of radars.
CACI wins $638M in intelligence contracts
CACI International announced last week that it was awarded nearly $638 million in intelligence community contracts.
41 Virginia companies made the 2025 Fortune 1000
Forty-one companies headquartered in Virginia made the grade in Fortune magazine’s 71st annual Fortune 1000 list, and 25 Virginia companies are on this year's elite Fortune 500.
Booz Allen lands contracts totaling $1.2B
In the span of a week, McLean-based Fortune 500 management consulting contractor Booz Allen Hamilton won multiple contracts totaling over $1.2 billion.
Tariffs could add $500M to Dominion offshore wind project
Richmond-based Fortune 500 utility Dominion Energy says the cost of its Coastal Virginia Offshore Wind project in Virginia Beach could rise by about $500 million due to tariffs on imported goods imposed by President Donald Trump.
QXO completes $11B purchase of Beacon Roofing Supply
Beacon Roofing Supply, a Herndon Fortune 500 roofing material and building supplies company, is now a subsidiary of Connecticut software and tech business QXO after the closing of its $11 billion purchase Tuesday, QXO announced.
