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Northern Virginia

Jun 12, 2023

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 is pausing construction on its second phase, which includes the 350-foot-tall Helix. Photo courtesy Amazon.com Inc.
Mar 3, 2023

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 […]

Feb 27, 2023

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 […[...]

Jan 18, 2023

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 […]

Photo courtesy TTR Southeby’s International Realty
Sep 29, 2022

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 […]

Sep 23, 2022

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 […]

Sep 22, 2022

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 […]

Jun 28, 2022

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 […[...]

May 12, 2022

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 […]

May 10, 2022

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 [...]

May 10, 2022

Metro announces next general manager, CEO

Washington Metropolitan Area Transit Authority’s new general manager and CEO is Randy Clarke, the current president and CEO of Austin, Texas’ Capital Metro. The board of the authority, which runs Metrorail and Metrobus, announced Tuesday that Clarke will assume the position in late summer. Metro’s current general manager and CEO, Paul J. Wiedefeld, announced in […]

May 9, 2022

McLean-based Intelsat names new execs

McLean-based Intelsat Corp. has named four new executives. Anthony “Toby” O’Brien will become the satellite provider’s next chief financial officer, after having served in the role for five years with Raytheon Co., Intelsat said in a news release May 5. Michael DeMarco will become the company’s new chief commercial officer, after having served as chief […]

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