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Moderna, J&J booster shots now available in Va.
Moderna and Johnson & Johnson COVID-19 booster shots are now available in Virginia, the Virginia Department of Health announced Friday. Dr. Danny Avula, the state’s vaccination liaison, said in a statement that pharmacies, doctors’ offices, hospitals and other providers are prepared for the rollout of the booster[...]
Norfolk cruise terminal begins work on $2.6M cruise ship gangway
Nauticus began construction on its $2.6 million cruise ship gangway in Norfolk this week, it announced Wednesday. The new boarding system will accommodate larger cruise ships, like the Carnival Magic, which is set to sail from Norfolk in 2022. Nauticus expects to have more than 180,000 cruise ship passengers in 2022. Swedish com[...]
Langley Federal Credit Union to merge with Va. Beach Schools Credit Union
Newport News-based Langley Federal Credit Union and the Virginia Beach Schools Federal Credit Union have received regulatory approval for a Nov. 1 merger that will create a $4.1 billion institution, the credit unions announced Thursday. Langley CEO Tom Ryan will serve as CEO of the combined entity, which is expected to be fully [...]
Fed says Fifth District economy sees moderate growth
The Federal Reserve’s Fifth District (including Virginia, North Carolina, South Carolina, West Virginia and Maryland) saw modest growth in recent weeks, according to the latest edition of the Federal Reserve’s Beige Book, released Wednesday. The Beige Book is published eight times per year and is based on anecdotal informati[...]
Mac Curtis joins Blue Delta Capital Partners as venture fellow
Mac Curtis, the former chairman, president and CEO of Perspecta Inc., has joined McLean-based government services equity firm Blue Delta Capital Partners as a venture fellow. Herndon-based national security contractor Peraton Inc. acquired Chantilly-based federal IT contractor Perspecta in May for $7.1 billion. Curtis took Persp[...]
Mary Baldwin alum makes $12.5M gift
A 1965 alumna of Mary Baldwin University has given her alma mater $12.5 million, which will mainly go toward unrestricted support of the private university in Staunton, MBU announced Wednesday. Paula Stephens Lambert, a Dallas resident who founded Mozzarella Co. in 1982 and introduced many European handmade cheeses to the United[...]
Va. hotel revenues remain below 2019 levels
Virginia hotel revenues for September decreased by 21% compared with pre-pandemic levels in September 2019, according to newly released data from STR Inc., a CoStar Group division that provides market data on the U.S. hospitality industry. During the same period, hotel rooms sold decreased by 6%. The average daily rate (ADR) paid for hotel rooms […]
Va. on track to achieve universal broadband by 2024
The state government expects to achieve universal broadband access in Virginia by 2024, Gov. Ralph Northam announced Tuesday, with more than $2 billion in public and private-sector funding going toward the effort. Northam’s original pledge in 2018 was to provide broadband access to the whole state by 2028, but with federal[...]
Airbus U.S. Space & Defense promotes COO to CEO
Robert Geckle has been promoted to be the CEO of Arlington-based aerospace and aviation contractor Airbus U.S. Space & Defense Inc., moving up from serving as the chief operating officer and head of operations and corporate functions, the company announced Thursday. Geckle has worked with Airbus across its major business lin[...]
Virginia wins $5M DOD grant to train shipbuilding workers
Virginia won a $5 million U.S. Department of Defense grant to train workers in defense manufacturing industries, particularly shipbuilding, in Danville and Hampton Roads, Gov. Ralph Northam announced Friday. The grant will go to the Virginia Defense Manufacturing Community, which brings together the Institute for Advanced Learning and Research in Southern Virginia and Old Dominion […]
Insurance startup to create 70 jobs with Henrico HQ
Startup specialty property and casualty insurance holding company Richmond National Insurance Co. (RNIC) will create about 70 jobs over the next three years as it establishes its headquarters in Henrico County, Gov. Ralph Northam announced Friday. “The commonwealth is always looking to create an environment that supports startups and businesses of all sizes,” Northam said […]
U.S. Senate Federal Credit Union opens new Alexandria HQ
United States Senate Federal Credit Union (USSFCU) held a grand opening for its Braddock Station corporate headquarters and retail branch in Alexandria on Wednesday. USSFCU selected 1310 Braddock Place, previously home to the National Industries for the Blind, in 2018. The new Bowman Branch on the first floor replaces the credit[...]
