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Aerial shot of manufacturing facility
Apr 17, 2025

Lynchburg transformer manufacturer to add 300 jobs, invest $35M

Delta Star, a manufacturer of power transformers and mobile transformer substations for the electrical grid, is investing $35 million to expand its Lynchburg operation and expects to create 300 jobs, Gov. Glenn Youngkin announced Thursday. The Lynchburg facility is set to expand by 80,000 square feet. Most of the jobs created wi[...]

An aerial shot of two buildings.
Apr 14, 2025

Chesterfield’s Atlantic Constructors Inc. acquired by Texas co.

One of the U.S.’s largest providers of mechanical services, Texas-based TriplePoint MEP, has acquired Chesterfield County-based Atlantic Constructors Inc. (ACI), according to a Monday announcement. ACI, which provides mechanical, electrical, plumbing and fire protection products and services, also has locations in Roanoke,[...]

Apr 13, 2025

Virginia Business sales manager named sales professional of year

Virginia Business won 12 awards in the Virginia Press Association‘s 2024 News & Advertising Contest, and Sales Manager Toni McCracken was named Outstanding Sales Professional of the Year, the state organization announced during an awards banquet held Saturday at the Omni Richmond Hotel. “Toni’s career in Virgi[...]

Photo courtesy CarMax
Apr 10, 2025

CarMax leaves Martin Agency, transfers ad account to L.A. firm

Fortune 500 used car retailer CarMax, headquartered in Goochland County, has chosen a new creative agency of record, leaving Richmond-based marketing and ad firm The Martin Agency, which held the account since 2019. The nation’s largest used car retailer announced Wednesday it has appointed 72andSunny’s Los Angeles o[...]

Apr 8, 2025

Guidehouse wins $250M hybrid Army contract

McLean-based consultancy Guidehouse has been awarded a $250 million hybrid contract from the U.S. Army for financial support services. The Department of Defense said bids for the hybrid firm-fixed-price and time-and-materials contract were solicited through the internet, and that two bids were received. Work locations and fundi[...]

Apr 7, 2025

Bechtel wins $242M contract modification for chemical weapons destruction

Reston-based Bechtel National has been awarded a $242.28 million contract modification from the U.S. Army to address past contract overruns associated with the Pueblo Chemical Agent-Destruction Pilot Plant in Colorado. The plant is a chemical weapons destruction facility that destroyed the chemical weapons stockpile previously s[...]

A worker pins blue upholstery to a chair
Apr 4, 2025

Vaughan-Bassett touts made-in-America inventory, vows no immediate price increases in wake of tariffs

Made-in-America bedroom and dining furniture manufacturer Vaughan-Bassett, which is headquartered in Galax, sent a letter to dealers and sales reps Thursday morning announcing no price increases for 120 days and discounts on certain items in wake of the tariffs announced Wednesday. “Given the great uncertainty created in the h[...]

HII's Mission Technologies division won a $133 million U.S. Air National Guard contract. Photo courtesy HII.
Apr 3, 2025

HII division awarded $133M Air National Guard contract

Huntington Ingalls Industries’ McLean-based Mission Technologies division won a $133 million contract by the U.S. Air National Guard to support and provide training for flying units. HII, which made the announcement Wednesday, said this will be accomplished through live, virtual and constructive training in a 10-year task [...]

A photo of a Leidos sign and a glass covered building.
Apr 2, 2025

Va. reports close to 300 layoffs across 3 bizs

A Fortune 500 federal contractor, a global aluminum company and a private school notified Virginia on March 31 of job cuts in compliance with the Worker Adjustment and Retraining Notification (WARN) Act. Leidos, which has its headquarters in Reston and provides technology, engineering and science services to defense, intelligenc[...]

a multi-beam, multi-band ground terminal on a production floor
Apr 2, 2025

AeroVironment stockholders approve $4B acquisition of BlueHalo

AeroVironment, an Arlington County-based defense contractor, announced Tuesday that its stockholders have approved the $4.1 billion purchase of Arlington aerospace and defense tech firm BlueHalo. The deal is expected to close in May. In November 2024, the company announced it was purchasing BlueHalo for approximately $4.1 billio[...]

Mar 31, 2025

Lawmakers grapple with Virginia’s increasing energy demand

Virginia faces a dilemma. Data center developers are clamoring to build in Virginia with the sort of zeal typically reserved for hipsters attempting to win admittance into secret speakeasies. Residents of some Virginia localities have fought mightily against data center growth, citing environmental concerns and increased demand [...]

Closeup of a young man in a furniture factory who puts together one part of the sofa with a stapler. AdobeStock photo
Mar 28, 2025

Hooker exits Georgia warehouse as part of consolidation effort

Martinsville-based Hooker Furnishings announced this week that it will end operations at its Savannah, Georgia, warehouse as part of a consolidation effort. “Our decision to exit our Savannah distribution facility was not taken lightly,” Hooker Furnishings CEO Jeremy Hoff said in a statement. “We deeply appreciate the hosp[...]

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