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Four Va. businesses to receive flood solutions funding
Four Virginia-based small businesses focused on coastal resiliency and flooding will receive funding to develop their products, Norfolk-based nonprofit RISE Resilience Innovations announced Thursday. Divided between rural and urban projects, there were eight winning projects, with the other four based in North Carolina. More tha[...]
Tegna shareholders approve $5.4B sale to hedge fund
Tysons-based broadcast and digital media giant Tegna Inc.’s shareholders approved an agreement at a special meeting Tuesday for the sale of the company to an affiliate of New York hedge fund Standard General. On Feb. 22, Tegna announced it would be acquired in a $5.4 billion cash deal by an affiliate of Standard General LP[...]
Va. Tech names 2 engineering department heads
Two departments in Virginia Tech’s College of Engineering will have new leaders beginning this summer, the university announced this week. Suneel Kodambaka has been named head of the Department of Materials Science and Engineering and will start July 1, and Ella Atkins will be head of the Kevin T. Crofton Department of Aer[...]
Metro CEO, COO resign, effective immediately
Paul J. Wiedefeld, general manager and CEO of the Washington Metropolitan Area Transit Authority, is stepping aside, effective immediately instead of June 30, as he had planned, according to a statement he released Monday night. “I have decided to make my retirement effective today to provide a more timely transition to Interi[...]
Va. restaurant, travel association names new VP
Richmond-based Virginia Restaurant Lodging & Travel Association has promoted Brittany Wojdyla to vice president of membership and business development, the organization announced Thursday. In her new role, Wojdyla will be responsible for leading the association’s membership efforts throughout the state, developing part[...]
Falls Church-based GDIT names VP for client engagement
Falls Church-based General Dynamics Information Technology Inc. has named Kristin Seaver as its vice president of strategic client engagement, the company announced Monday. Seaver spent more than three decades working for the U.S. Postal Service, including as chief retail and delivery officer, chief information officer and COVID[...]
Carlyle Group to acquire ManTech for $4.2B
Herndon-based ManTech International Corp. has entered into a definitive agreement to be acquired by The Carlyle Group for approximately $4.2 billion, the tech contractor announced Monday. In the all-cash transaction, ManTech shareholders will receive $96 per share in cash, a 32% premium to ManTech’s closing share price of $72.[...]
Chesapeake office park sells for $5.7M
Poplar Hill Medical Center, a four-building medical office park in Chesapeake, has sold for $5.7 million, Divaris Real Estate Inc. announced Thursday. Texas-based real estate fund manager Woodside purchased the park in December 2020 and sold it to Charlottesville-based Seminole Trail Properties in a deal that closed May 6. When [...]
Va. Beach’s Frank Lloyd Wright house is for sale
A Virginia Beach house designed by famed architect Frank Lloyd Wright is back on the market for just under $3 million. The 3,020-square-foot home at the city’s North End, on Crystal Lake, was designed in 1953 for Andrew and Maude Cooke and completed in 1959. Maude Cooke wrote a letter to Wright seeking a design […]
Arlington national security tech firm hires CIA vet
Arlington-based Two Six Technologies has hired Elizabeth “Beth” Kimber, who formerly oversaw the Central Intelligence Agency’s network of spies, as vice president of intelligence community strategy, the national security tech firm announced this week. Kimber spent 37 years in the CIA and was the first woman to [...]
Va. ABC telework plan diverges from Youngkin mandate
Employees at the Virginia Alcohol Beverage Control Authority’s Mechanicsville headquarters will be returning to in-person work three days a week, not the four or five days a week that will be required of many state workers beginning July 5, following Gov. Glenn Youngkin’s telework order earlier this month. Virginia A[...]
Publix to open first South Hampton Roads store
Publix Super Markets Inc. will open its first grocery store in South Hampton Roads in Suffolk, the company announced Thursday. The 45,000-square-foot Publix will be on the southwest corner of Godwin Boulevard and Kings Fork Road, according to a news release. Publix has not given a timeline for the store’s opening. It will [...]
