Real Estate 2023: RYAN T. McLAUGHLIN
One of the largest regional Realtor associations in the United States, the Northern Virginia Association of Realtors represents approximately 13,000 real estate professionals transacting more than $18 billion in sales annually in the Washington, D.C., metro area. McLaughlin became its CEO in 2015, after serving as CEO of Greater Lehigh Valley Realtors in Pennsylvania. A […]
8 Va. companies make 2023 Fortune Global 500
Eight Virginia-based companies made Fortune magazine’s 34th Global 500 list, released Tuesday, notably including the newly renamed RTX and Boeing Co. as Virginia’s second and third highest-ranking companies, both of which are also newcomers to the state, having moved their headquarters to Arlington County last year. Freddie Mac remained Virginia’s top-ranked company, at No. 133,[...]
NoVa housing forecast: sellers’ market to continue
Northern Virginia’s housing market will likely remain a sellers’ market for the rest of 2023, according to a Northern Virginia Association of Realtors market forecast released June 6. NVAR and George Mason University’s Center for Regional Analysis predict a continuing housing inventory shortage and pent-up demand from buyers amid positive economic conditions but mounting risks. [[...]
Amazon delays construction on HQ2
Amazon.com Inc. is delaying construction on the second phase of HQ2, its $2.5 billion East Coast headquarters in Arlington County. The news comes as Amazon plans to open HQ2’s first phase, Metropolitan Park, in June, and as the Fortune Global 500 tech company laid off a record 18,000+ workers amid concerns over slowing revenues and […]
Defense and defensibility
When it comes to tech and government contractors, Northern Virginia‘s national profile continued to rise in 2022. Arlington County, where Amazon.com Inc.’s multibillion-dollar HQ2 is continuing to take shape in National Landing, made headlines around the globe in spring 2022. Fortune 500 companies Boeing Co. and Raytheon Technologies Corp. announced within weeks of each other […[...]
Qmulos adds three execs
Chantilly-based tech company Qmulos has added three executives to its leadership team. Nick Jovanovic will serve as chief revenue officer, Theresa Feraren will serve as vice president of marketing and Russ Odom will serve as chief financial officer. Jovanovic comes to Qmulos with 20 years of experience working in enterprise data storage, cybersecurity, compliance and […]
Virginia 500 Spotlight: Mark C. Lowham
BEST ADVICE FOR OTHERS: You never learn anything when you are talking. FIRST JOB: Analyst for Kidder, Peabody & Co. in New York WHAT I WAS LIKE IN HIGH SCHOOL: Mr. Clean and a bit of a nerd, but I still managed to be elected student body president PERSON I ADMIRE: My father. He was […]
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 […]
Google Public Sector taps Booz Allen exec as CEO
Karen Dahut will be the CEO of Google Public Sector, Google LLC’s subsidiary focused on government and educational contracting work. Dahut starts Oct. 31 and will be based out of Google’s Washington, D.C., and Reston offices, according to a news release. She takes the place of Will Grannis, Google Public Sector’s founding CEO, who is […]
FOR THE RECORD
Central Virginia The state’s fiscal 2023-24 budget, approved June 1, contains funding that will benefit future redevelopment of the Central Virginia Training Center site in Madison Heights. Republican Sen. Steve Newman requested $25 million in state money to annul outstanding bonds associated with CVTC, a former state facility for people with intellectual disabilities that closed […[...]
American Diabetes Association appoints new CEO
The American Diabetes Association has appointed Charles D. “Chuck” Henderson as its new CEO, the Arlington-based nonprofit announced Thursday. Henderson served as the association’s interim CEO for the previous six months. Furst Group, an Illinois-based health care executive search firm, selected him for the permanent position. He succeeds Tracey D. Brown, who left in October […]
Clark Construction to expand in NoVa
Bethesda, Maryland-based Clark Construction Group LLC, the general contractor for several phases of Amazon.com Inc.’s HQ2, announced plans Tuesday to expand the company’s footprint in the mid-Atlantic region, including building a 128,000-square-foot office in McLean. The office will be at 7900 Westpark Drive in Fairfax County, and will “provide a modern and collaborative hub for [...]