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Manassas company to develop short takeoff, landing aircraft for Air Force
Manassas-based aerospace company Electra.aero Inc. has received a Strategic Funding Increase award from the U.S. Air Force’s AFWERX arm that secures up to $85 million for development of a prototype electric short takeoff and landing (eSTOL) aircraft. The award, announced Thursday, secures funding between private investments, government funding and matching Small Business Innovation Research [...]
Granules India announces $12.5M pharma facility
Indian pharmaceutical company Granules India Ltd. will invest $12.5 million to establish a pharmaceutical packaging operation in Prince William County, creating 57 jobs, Gov. Glenn Youngkin announced Wednesday. Headquartered in Hyderabad, India, Granules India manufactures active pharmaceutical ingredients and other related products, including acetaminophen, ibuprofen and guaifenesin, the main ing[...]
RapidFlight to add 119 jobs at Manassas HQ
RapidFlight LLC, a designer and manufacturer of unmanned aircraft will invest $5.5 million to establish operations in Manassas, creating 119 jobs over the next three years, Gov. Glenn Youngkin announced Friday. RapidFlight is an integrated, end-to-end provider of airborne drones. Founded in 2021 by RapidFlight President Jay Gundlach, the company works for national security and […]
Bioscience firm to create 70 jobs in Prince William
Manassas-based Virongy Biosciences Inc. will invest $471,000 to expand in Prince William County, creating 70 jobs, Gov. Glenn Youngkin announced Tuesday. The company relocated within Prince William County in February, moving from a roughly 600-square-foot space to about 2,000 square feet in the Northern Virginia Bioscience Center. It plans to develop diagnostic technologies to monitor […]
Penn. logistics firm building cross-dock centers in Va.
Pennsylvania-based warehousing and logistics company A. Duie Pyle Inc. will invest about $20 million to establish three cross-dock service centers in Manassas, Richmond and Roanoke, an expansion expected to create 75 jobs, Pyle and Gov. Glenn Youngkin announced Tuesday. It‘s the company’s first entry into Virginia. “Global supply chains are experiencing unprecedented pressure and we [...]
Manassas bio research supplier wins $5.5M in federal grants
Manassas-based biological materials management nonprofit American Type Culture Collection (ATCC) announced Tuesday that it won three Defense Threat Reduction Agency grants valued at more than $5.5 million to identify new therapeutic approaches to viruses. “ATCC is committed to supporting this global health initiative by providing the novel scientific research and development solutions needed[...]
Six-building portfolio in Manassas sells for $45M
A six-building portfolio, comprising 212,000 square feet of warehouse and flex space in Manassas, has been sold by Bethesda, Maryland-based Finmarc Management to The Davis Companies and David Holdings JV for $45.58 million, Finmarc Management Inc. announced Jan. 5. The buildings are located at 7345, 7663 and 7795 Coppermine Drive and 7201, 7301 and 7401 […]
Virginia Beach, Manassas apartment complexes sell for $77.6M
An apartment complex in Virginia Beach sold for $52.1 million, and an apartment building in Manassas for $25.5 million, Alexandria-based real estate company Bonaventure announced Monday. Sitting on 19.83 acres, Magnolia Run is a 200-unit, 421,272-square-foot apartment complex in Virginia Beach with two- and three-bedroom units, a pool, 24-hour fitness center, playground and clubhouse. Bonaventure [...]
Manassas shopping center sells for $19.45M
The Portsmouth Station Shopping Center in Manassas has sold for $19.45 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Monday. The 147,305-square-foot shopping center is 78% leased to 20 tenants and anchored by Regency Furniture and Aldi. The property has two multitenant buildings and a corporately leased 7-Eleven outparcel. Falls Church-based Petroleum Marketi[...]
Manassas direct mail company to cut ribbon on new headquarters
Prince William County and direct mail production company Planet Direct Mail will hold a ribbon-cutting ceremony Wednesday afternoon Planet Direct’s new headquarters in Manassas. The county announced the company’s expansion into its new 115,000-square-foot headquarters, located at 11050 Challenger Court in Innovation Park, on Aug. 25. The expansion retained 130 jobs and is estimated t[...]
Lockheed Martin Manassas office wins modification to $190.27M Navy contract
The Manassas office of Lockheed Martin Corp.’s Rotary and Mission Systems sector will add work on a contract the company previously won. The modification is to a $190.27 million Naval Sea Systems Command, Washington, D.C., cost-plus-incentive-fee contract. It is to exercise an option for engineering design development and supporting material procurement, the Department of Defense […]
Manassas bio research supplier promotes VP to SVP
Manassas-based biological materials management nonprofit ATCC has promoted Joseph Leonelli to senior vice president of ATCC Federal Solutions, it announced Tuesday. Leonelli has been a member of AFS’s executive leadership team since 2015. “Joe’s well-deserved promotion reflects the success he has achieved for our business,” ATCC Chairman and CEO Raymond H. Cypess said in a [&he[...]
