BWXT subsidiary chosen to develop microreactor design for DOD
Lynchburg-based BWXT Advanced Technologies LLC is one of two companies chosen to develop a final prototype design for a transportable advanced nuclear microreactor, the U.S. Department of Defense announced Monday. Along with Maryland’s X-energy LLC, BWXT was selected from a preliminary design competition and will continue developing its design under a Strategic Capabilities Office (SCO) [&he[...]
Thalhimer announces new associate
Cushman & Wakefield | Thalhimer announced Tuesday that Thacher Jennings has joined its Lynchburg office as an associate in their commercial brokerage group. Prior to joining Thalhimer, Jennings was with CORE Real Estate & Development in Charlottesville, focusing on sales of both commercial and residential properties. Subscribe to Virginia Business. Get our daily e-newsletter.
Framatome launches government solutions subsidiary
Lynchburg-based Framatome Inc. announced Monday the launch of an independent subsidiary, Framatome U.S. Government Solutions LLC, which will focus on nuclear energy initiatives and projects for federal agencies. “Our Framatome team has been delivering solutions to the commercial nuclear industry for more than 60 years and Framatome U.S. Government Solutions consolidates our diverse areas of [&he[...]
Lynchburg software firm names federal biz VP
Lynchburg-based CloudFit Software LLC in February hired Tom Sampson as its vice president for federal and regulated industries. Sampson previously served as the chief information officer of the U.S. Navy’s F-35 Joint Program Office (JPO). He has 22 years of leadership experience in Navy active and reserve service and 15 years of tech experience. In […]
Va. GOP to hold May 8 “drive-in” convention, possibly in Lynchburg
After months of discussion and indecision, the Republican Party of Virginia’s State Central Committee elected Tuesday night to hold a May 8 “drive-in” convention — possibly around Liberty University in Lynchburg — to choose its 2021 statewide nominees for governor, attorney general and lieutenant governor. The state GOP committee conducted a three-hour, occasionally contentio[...]
Winter frolic at Liberty snowballs into controversy
It’s no Falwell-sized scandal, but interim Liberty University President Jerry Prevo issued an apology Tuesday for a snowball fight that got out of hand on Sunday morning. “This past Sunday morning as I opened the curtains and looked outside, I saw a Liberty University campus covered in deep snow. Having lived in Alaska for the […]
BWXT names president, government operations
Lynchburg-based nuclear fuel supplier BWX Technologies Inc. (BWXT) announced Monday that it has hired Robert F. “Rob” Smith as president of government operations, a newly created position. Smith most recently served as vice president and general manager for Lockheed Martin’s radar and sensors systems market segment. In his new role, he will oversee BWXT’s U.S.-based […]
Liberty University sues state over tuition assistance cut for online students
Liberty University, the large, private nonprofit Christian school in Lynchburg, has filed a lawsuit against Gov. Ralph Northam and the director of the State Council of Higher Education for Virginia (SCHEV), alleging that amendments to the 2020 state budget “wrongly exclude Virginia students who access higher education through online content” from receiving the Virginia Tuition […]
BWXT to work with Department of Energy on microreactor development
The U.S. Department of Energy (DOE) selected Lynchburg-based nuclear fuel supplier BWX Technologies Inc. (BWXT) to lead a $106.6 million microreactor development project, the company announced Wednesday. BWXT will work with two DOE-funded national laboratories to design and develop a small nuclear reactor. The DOE will contribute $85.3 million to the project, and BWXT will […]
Jerry Falwell Jr. drops defamation lawsuit against Liberty University
Jerry Falwell Jr. has dropped his defamation lawsuit against Liberty University, saying in a statement Thursday that he has decided “to take a timeout” from the suit while keeping his options open. Falwell sued his former employer Oct. 28 in Lynchburg Circuit Court, claiming that the university made defamatory statements about him in the wake […]
These 16 Va. companies received $10M PPP loans
The U.S. Small Business Administration on Tuesday released additional information about all approved borrowers from its $659 billion Paycheck Protection Program (PPP) small business relief program, this time including exact company names, loan amounts, addresses and other information. Previously, the government in early July had released an incomplete list of recipients, including only ranges of[...]
Georgia senator made controversial investment in Lynchburg’s BWX Technologies
U.S. Sen. David Perdue, one of Georgia’s two incumbent Republican senators who are facing a Jan. 5 election runoff that will determine the balance of power in the Senate, made profitable purchases of shares in Lynchburg-based nuclear fuel supplier BWX Technologies Inc. — the Navy’s sole nuclear fuel provider — just before Perdue took over […]