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Nov 26, 2024

Maximus announces feds have backed off $6.6B contract rebid

Editor’s Note: This story has been updated to correct an error in the original version, which incorrectly stated that the contract, not the rebidding process, had been canceled. Tysons-based Maximus, a government contractor specializing in administrative support for Medicare and Medicaid, announced Tuesday that the U.S. Depart[...]

Nov 26, 2024

Talking turkey: Va. is nation’s sixth largest producer

As we prepare to sit down to a turkey dinner on Thanksgiving, let’s consider where those birds come from and where they’re going. Virginia raises 7.1% of all U.S. turkeys, or 15.5 million turkeys a year, according to a new study by Trace One using U.S. Department of Agriculture data. That’s 429 million pounds o[...]

GDIT received two contracts worth a combined $330 million to provide training support services to the Army.
Nov 26, 2024

GDIT wins $330M in Army training support contracts

Falls Church federal contractor General Dynamics Information Technology has won two Army contracts totaling $330 million, the General Dynamics subsidiary announced Tuesday. The Army Contracting Command – Orlando awarded the task orders to GDIT in August as part of the $975 million Mission Training Complex Capabilities Supp[...]

Lines of code on a screen
Nov 26, 2024

Unanet acquires D.C. AI firm

Dulles-based software company Unanet has acquired Washington, D.C.-based GovPro AI, Unanet announced Friday. Unanet did not disclose financial details of the transaction, which it completed in November. Unanet provides project-based enterprise resource planning and customer relationship management software solutions for governme[...]

A United Airlines Airbus A321neo. The plane is in flight, pictured against a clear sky, and bearing the United logo. Photo courtesy United Airlines
Nov 25, 2024

United begins building $16M training center in Fairfax County

United Airlines has started construction on a $16 million inflight training center in Fairfax County, the county’s economic development authority announced Monday. The 20,000-square-foot facility near the airline’s hub at Washington Dulles International Airport, which straddles the Fairfax and Loudoun county lines, is expect[...]

Nov 25, 2024

Carolina Structural Systems to establish Greensville plant

Carolina Structural Systems, a company that manufactures custom wood trusses and other structural products, will invest $5.5 million and create an estimated 58 jobs in Greensville County, Gov. Glenn Youngkin announced Monday. Based in North Carolina, Carolina Structural Systems plans to construct a 40,000-square-foot manufacturi[...]

Active listings by locality at the end of October. Image courtesy Virginia Realtors
Nov 25, 2024

Va. home sales, inventory rises in October

Housing sales and inventory in Virginia rose in October, with closed sales up 12.5% from October 2023, according to Virginia Realtors data released Nov. 22. Last month, 8,732 homes sold in Virginia — 968 more than sold in October 2023. The influx of closed sales in October resulted from the jump in pending sales — […]

Photo of a bottle of Tito's Handmade Vodka
Nov 22, 2024

Virginians go for Texan vodka

Virginia is for lovers of vodka distilled from corn in Austin, Texas, apparently.  For the seventh straight year, Tito’s Handmade Vodka is Virginia’s most popular spirit at Virginia Alcoholic Beverage Control Authority (ABC) stores, according to a Friday announcement. The spirit generated $75 million in sales at Virginia AB[...]

Nov 22, 2024

Defense/public safety tech manufacturer moving to SWVA

Wrap Technologies, an Arizona-based public safety and defense technology company, is locating its manufacturing and distribution base in Norton’s Project Intersection industrial park, Gov. Glenn Youngkin announced Friday. The company will occupy a new, 20,000-square-foot building at Project Intersection, where U.S. Route 2[...]

The post office at 1801 Brook Road in Richmond. Photo by Brodie Greene/VCU Capital News Service
Nov 22, 2024

Virginia mail service improves; second Trump push to privatize USPS ‘unlikely’

U.S. Postal Service operations have continued to improve, but a bipartisan coalition of state leaders say more work is needed to get the service to a level Virginians deserve. Virginia was ranked at the bottom for on-time mail delivery in October 2023, at the start of the federal government’s fiscal year. Just over 66% of [&he[...]

Nov 22, 2024

VACUL to merge with regional credit union group Jan. 1

Members of the Virginia Credit Union League and the League of Southeastern Credit Unions & Affiliates voted Thursday to approve the Virginia league’s consolidation with the regional organization. The merger will be in effect Jan. 1, 2025, the two organizations announced Friday. “Thanks to the support of the membershi[...]

Closeup of a young man in a furniture factory who puts together one part of the sofa with a stapler. AdobeStock photo
Nov 22, 2024

Bassett Furniture reduces workforce by 40

Bassett Furniture has announced a series of layoffs and retirements in a bid to better match its cost structure to the current rate of business, the home furniture manufacturer and retailer said in a news release Wednesday. This round of reductions, which included layoffs, early retirements and attrition, impacted 40 workers. Si[...]

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