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Parsons acquires CTI for $89M
Parsons announced Tuesday that it has acquired Maryland-based Chesapeake Technology International for $89 million.
FBI to stay in D.C., will move from Hoover to Reagan buildings
The FBI will move its headquarters from the J. Edgar Hoover Building to the Ronald Reagan Building, a decision that keeps the law enforcement agency in Washington, D.C.
Youngkin sets veto record as energy, AI fuel gridlock
Few observers of the Virginia General Assembly expected any groundbreaking legislation to emerge from this election year session, and for the most part, they were right. And Gov. Glenn Youngkin certainly did his part to keep that from happening as well. In the last full year of his term, the Republican firmly cemented his record[...]
General Dynamics subsidiary wins $1.85B contract modification
General Dynamics Electric Boat has been awarded an up to $1.85 billion contract modification from the U.S. Navy.
More than 300 job cuts in Virginia, state reports
More than 300 Virginia jobs are being cut in June, including layoffs at CarParts.com, Kroger, and Nakupuna Companies.
Business Facilities ranks Virginia No. 1 again for custom workforce training
The Virginia Talent Accelerator Program has been ranked first in Business Facilities’ ranking of states’ customized workforce training.
Raft acquires N3bula Systems for undisclosed amount
McLean-based defense technology company Raft announced last week it has acquired weapons technology developer N3bula Systems.
General Dynamics wins $987M submarine contract modification
The shipbuilding unit of Reston-based aerospace and defense giant General Dynamics won a $987 million contract modification.
Army official says Chinese mineral shortage could impact military equipment
A growing shortage of rare minerals, magnets and metals from China needed for manufacturing military warfighting equipment could lead to the Department of Defense's accessing and sending out military equipment from a stockpile.
RTX subsidiary wins $646M contract modification
Raytheon has been awarded a $646 million contract modification to continue producing the AN/SPY-6(V) family of radars for the U.S. Navy.
Virginia Congress members press for details on Fort Eustis layoffs
A bipartisan delegation is seeking more transparency regarding the U.S. Army Training and Doctrine Command moving its headquarters .
RTX subsidiary wins $536M Navy contract
Raytheon has won a $536 million U.S. Navy contract for the SPY-6 family of radars.
