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Virginia finalizes $200B+ 2026-28 budget
Virginia legislators finalized a $200 billion-plus budget including a new data center electricity tax and a marijuana retail sales framework.
Booz Allen to acquire Texas defense tech company for $720M
Booz Allen Hamilton plans to acquire Austin, Texas-based defense technology company Ultra I&C Mission Solutions for $720 million.
Arlington cyber warfare startup raises $100M, reaches unicorn status
Twenty Technologies announced that it has raised $100 million in a Series B round and reached unicorn status with a $1 billion valuation.
Jefferson Lab breaks ground on $49M data center
Jefferson Lab broke ground on a 30,000-square-foot building on its Newport News campus that will house the High Performance Data Facility.
Virginia Beach City Council voices support for citywide ban on large data centers
Virginia Beach City Council unanimously agreed to direct staff to draft an ordinance prohibiting large-scale data centers within city limits.
Former Virginia Lottery leader returns to post
Kevin Hall returns as Virginia Lottery executive director after leading record sales and expanding gaming oversight from 2018 to 2022.
Boeing awarded $730M in defense contracts
Boeing received nearly $730 million in defense contract awards last week, including a contract supporting military aircraft.
Hanover supervisors reject 430-acre data center campus
The Hanover County Board of Supervisors voted 4-3 Wednesday to reject a proposed 430-acre data center campus.
Arlington County taps new economic development director
Arlington County has named Anna Nissinen of the Fairfax County Economic Development Authority as its new chief economic development officer.
Northrop Grumman wins up to $697M Navy basic ordering agreement
Northrop Grumman received a Navy basic ordering agreement worth up to $697 million to provide engineering and logistics services.
FAA awards $73.6M to support 3 Virginia airport projects
The Federal Aviation Administration has awarded $73.6 million to support three Virginia airport terminal projects.
Northrop Grumman lands more than $900M in U.S. defense contracts
Falls Church-based Fortune 500 government contractor Northrop Grumman won three defense contracts last week totaling more than $900 million.
