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Fortreum acquires Reston-based cybersecurity firm
Fortreum has acquired Reston-based AI compliance startup Kovr.ai, less than a year after the company emerged from stealth.
Spotsylvania Regional Medical Center invests $37M across two ERs
Spotsylvania Regional Medical Center will invest $37 million to expand emergency services with a new freestanding ER in Stafford and upgrades to its main ER.
Virginia Tech-backed energy tech hub opens in Newport News
The Secure Energy Future Center opened its first dedicated space Wednesday at Tech Center Research Park in Newport News.
BWXT to acquire heavy manufacturer for nuclear production
BWXT is acquiring Precision Components Group to boost its commercial nuclear manufacturing capacity, adding 500,000 square feet.
Raytheon wins $904.6M Army contract modification
Raytheon has been awarded a $904.6 million U.S. Army contract modification to support Lower Tier Air and Missile Defense Sensor production.
Central Garden & Pet to close Henrico facility, laying off 94
Central Garden & Pet will soon close its eastern Henrico County dog treat manufacturing facility and lay off 94 employees as it consolidates operations.
Harrisonburg aerospace startup plans to add 51 jobs
Harrisonburg-based AeroNimble will invest more than $2.5 million to expand its operations and create 51 jobs.
CarMax posts quarterly loss on goodwill charge, weak used-car demand
CarMax posted a quarterly loss due to a $141.3 million goodwill charge and declining used-car margins amid soft demand and rising gasoline prices.
Former General Motors CEO to be VCU’s commencement speaker
Former General Motors CEO and Chairman Rick Wagoner will be the keynote speaker at VCU’s commencement ceremony.
CACI International lands $287M Army contract
Reston-based government contractor CACI International won a seven-year U.S. Army technology contract valued at up to $287 million.
LMI secures $100M Space Force contract
LMI has been awarded a $100 million contract by the U.S. Space Force to help it better manage and support its equipment.
Northrop Grumman requests environmental permit for Waynesboro facility
Northrop Grumman submitted an environmental permit application for its new Waynesboro manufacturing facility, aiming to comply with Virginia DEQ air quality regulations.
