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BAE Systems to lay off 119 employees in Vienna
BAE Systems is laying off 119 employees in Vienna after the company said its contract with the FBI was awarded to another contractor.
Korean Air plans 103 Boeing plane purchases valued at $36.2B until 2039
Korean Air plans to acquire 103 Boeing planes valued at $36.2 billion by 2039, according to a regulatory filing.
General Dynamics subsidiary lands $15.4B submarine modification
General Dynamics Electric Boat has received a $15.38 billion Navy contract modification for work on Columbia-class submarines.
AeroVironment acquires California aerospace firm for $200M
AeroVironment has acquired California engineering design and manufacturing company Empirical Systems Aerospace for $200 million.
Boeing wins $2.4B in E-7A aircraft contract modifications
Arlington-based Fortune 500 aerospace and defense contractor Boeing has won two Air Force E-7A contract modifications totaling $2.4 billion.
Leidos wins $455M Air Force contract
Leidos announced Wednesday that it has won a $454.9 million contract to modernize the U.S. Air Force's Cloud One platform.
CACI International completes $2.6B acquisition of Arka Group
CACI International announced Monday that it has completed its $2.6 billion acquisition of Connecticut-based contractor Arka Group.
Virginia’s publicly traded companies defy economic slowdown
Virginia’s top publicly traded companies like Freddie Mac, Boeing, and RTX posted significant revenue gains in 2025 despite the state’s slow economic growth.
Northern Virginia focuses on strengths amid federal cuts
Northern Virginia's economy adapts to federal job cuts in 2025 by expanding defense tech, aerospace, AI, and data centers across Alexandria, Arlington, Fairfax, Loudoun, and Prince William.
Hampton Roads leverages regional economic assets
Hampton Roads drives growth with $1.5 billion in investments across defense, energy, aerospace, and logistics sectors in 2025, boosting jobs and infrastructure.
2026 Virginia Power 50 List: CHRISTOPHER T. CALIO
PRESIDENT, CEO AND CHAIRMAN RTX ARLINGTON COUNTY
