Virginians bet $182 million on sports in August
Virginians bet $182 million in August, a 13% increase from July, according to data released Friday by the Virginia Lottery. Virginian sports bettors won $171 million in August. Virginia sports betting wagers total more than $1.48 billion since the state legalized sports betting in mid-January. In July, the state reaped about $16[...]
Newport News data analysis co. wins $100M GSA contract
Newport News-based professional services and data analysis company ITA International LLC won a $100 million contract from the U.S. General Services Administration to help defense agencies use data driven tools, it announced Thursday. Under the five-year Small Business Innovation Research phase III indefinite delivery, indefinite quantity contract, ITA will provide customized data visualization and analysis […][...]
Arlington joint venture secures $100M Army Corps of Engineers contract
An Arlington-based joint venture between Dallas-based Jacobs Engineering Group Inc. and Kansas-based Black & Veatch Holding Co. won a $100 million contract with the U.S. Army Corps of Engineers for work in Fort Meade, Maryland, the Department of Defense reported Wednesday. Under the firm-fixed-price contract, Jacobs/B&V will provide design and construction services for the completion […][...]
Pat Robertson steps down as 700 Club host, effective immediately
Pat Robertson, founder of the Virginia Beach-based Christian Broadcasting Network, announced Friday that it was his last day as daily host of “The 700 Club,” on the show’s 60th anniversary broadcast. His son, Gordon P. Robertson, will take over as full-time host, the 91-year-old TV evangelist said. Robertson, o[...]
NoVa office space market improves after pandemic disruption
The Northern Virginia office real estate market showed improvement in leasing activity and occupancy loss in the third quarter, following four quarters of disrupted activity, according to a report released by commercial real estate services and investment firm CBRE Group Inc. this week. Gross leasing activity held steady from th[...]
U.Va. to offer $50M more in scholarships
The University of Virginia will invest another $50 million in matching funds through the Bicentennial Scholarship Fund, U.Va. President Jim Ryan said last week. Established in 2016 with an initial $100 million investment, the fund matches philanthropic commitments toward scholarships, both need- and merit-based. Donors have comm[...]
Peduzzi Associates Ltd. names next president
Retired U.S. Air Force Maj. Gen. Garry Dean will become the president of Alexandria-based consulting company Peduzzi Associates Ltd. on Friday. Dean has served on the company’s board of advisers for the last four years. He has been an international airline captain for Delta Air Lines since he retired from the Air Force in [...]
Va. new jobless claims settle down after last week’s surge
After a 300% surge in new unemployment claims the previous week, the state saw numbers return to relatively normal levels in the filing week ending Sept. 25, the Virginia Employment Commission reported Thursday. Last week, 8,717 people filed initial claims, a decrease of 7,245 from the week before. Continued claims, however, ros[...]
Italian meat company bringing 150 jobs to Rockingham County
Italian cured meats manufacturer Veronesi Holding S.p.A., a Gruppo Veronesi company, will invest approximately $100 million to establish its first U.S. production facility in Rockingham County, creating an estimated 150 jobs over the next four years, Gov. Ralph Northam announced Thursday. The facility will be located on 75.8 acres in the Innovation Village @ Rockingham […]
Enter the candidates
With early voting starting the next day, Virginia gubernatorial candidates Terry McAuliffe and Glenn Youngkin came out swinging in their Sept. 16 first debate, sniping over issues ranging from coronavirus vaccine mandates to abortion in what The Washington Post described as a “bare-knuckled” sparring match at the Appalachian School of Law. Democratic former Gov. McAuliffe […]
Peraton awarded $109M cyberspace contract
Herndon-based federal Peraton Inc. announced this week it has been awarded a contract worth up to $109 million by the U.S. Cyber Command, a project that will deliver full-spectrum cyberspace operations for the Department of Defense. The indefinite-delivery, indefinite-quantity Cyberspace Operations Support Services task order could last four years, the company said in a news […]
Fluence files plans for IPO
Fluence Energy Inc., an Arlington-based energy storage and digital application company owned by Siemens and AES Corp., announced this week it has filed paperwork with the U.S. Securities and Exchange Commission for an initial public offering of its Class A common stock. The number of shares and price range for the proposed offer[...]