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McLean-based Appian wins $2B verdict in trade secrets lawsuit
Appian Corp., a cloud computing firm based in McLean, won $2.03 billion — an amount estimated to be the largest award in Virginia state court history — in a trade secrets verdict against a competitor Monday in Fairfax County Circuit Court. Appian sued Massachusetts-based Pegasystems Inc. and an individual, Youyong Zou, in Ma[...]
Metro announces next general manager, CEO
Washington Metropolitan Area Transit Authority’s new general manager and CEO is Randy Clarke, the current president and CEO of Austin, Texas’ Capital Metro. The board of the authority, which runs Metrorail and Metrobus, announced Tuesday that Clarke will assume the position in late summer. Metro’s current general manager a[...]
Peraton named a U.S. Best Managed Company
Peraton Inc. has been named a U.S. Best Managed Company for 2022 by Deloitte Private and The Wall Street Journal, the Herndon-based government contractor announced Monday. It’s among 51 private companies honored and the only one based in Virginia. “Peraton is honored to be recognized as a Best Managed Company in the U.S.[...]
Skanska to construct $69M Va. Tech building
Virginia Tech’s $69.5 million Undergraduate Science Laboratory Building will be constructed by Skanska and completed by April 2024, the Swedish builder announced Monday. Virginia Tech announced plans for the building in late March, and construction started in April. The 102,000-square-foot building will provide teaching an[...]
Golden Nugget pulls out of Va. after DraftKings acquisition
DraftKings Inc. closed its acquisition of Golden Nugget Online Gaming Inc., the Boston-based company announced last week, and Golden Nugget will therefore no longer operate in Virginia. Golden Nugget Online Sportsbook in Virginia said it stopped accepting registrations, wagers and deposits in early May and would no longer offer [...]
Metronet names Va. market leader
Fiber optic company Metronet hired Andrew Brummette in April to be its Virginia market leader, the company announced Monday. Evansville, Indiana-based Metronet is expanding to Norfolk, its first foray into Virginia, where it will build a fiber optic network and offer internet service to city residents. Brummette is based in Norf[...]
McLean-based Intelsat names new execs
McLean-based Intelsat Corp. has named four new executives. Anthony “Toby” O’Brien will become the satellite provider’s next chief financial officer, after having served in the role for five years with Raytheon Co., Intelsat said in a news release May 5. Michael DeMarco will become the company’s new chief co[...]
Globalinx to add new subsea cable landing site in Va. Beach
Virginia Beach will have four more subsea bore pipes in Sandbridge by the third quarter of 2023, infrastructure that will allow more high-speed subsea cables connecting Virginia to Europe, Asia, the Caribbean and the Americas, the city announced Friday. Virginia Beach-based Globalinx Subsea Colocation provides colocation space f[...]
Lynchburg-based BWXT elects new chair
Lynchburg-based nuclear components and fuel supplier BWX Technologies Inc. announced May 3 that Jan A. Bertsch assumed the role of chair of the board of directors. Bertsch succeeded retiring chairman John A. Fees. “We are extremely fortunate to have someone of Jan’s caliber assume this important leadership position for our c[...]
Two Richmond properties change hands
Two properties in Richmond — an office building in Scott’s Addition and an apartment building in The Fan — have been sold, brokerage firm Marcus & Millichap announced Wednesday. An 11,130-square-foot building in Scott’s Addition at 3412 W. Leigh St. has sold for $1.8 million, according to Marcus & Millich[...]
Dulles adds United direct flights to Amman, Jordan
United Airlines has added three weekly nonstop flights from Washington Dulles International Airport to Jordan’s capital city, Amman. The Metropolitan Washington Airports Authority announced the addition Friday, though the inaugural flight occurred a day earlier. “Amman, Jordan, is the 39th global capital city to be direc[...]
Boeing plans global HQ move to Arlington
Boeing Co., the world’s third-largest defense contractor, is planning to move its global headquarters from Chicago to Arlington, the company announced Thursday. The aerospace and defense company, which employs more than 141,500 people worldwide, has operations in more than 65 countries and will be the largest defense contr[...]
