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CVP acquires D.C. healthcare consulting company
Fairfax-based Customer Value Partners Inc. (CVP), a business and technology consulting company, acquired federal health contractor Atlas Research LLC, it announced Tuesday. Financial details of the transactions were not disclosed. “Atlas’ experience as the trusted transformation partner of clients across the Veteran Affairs and Health and Human Services provide the advisory and consulting capabilities to […][...]
Dominion Energy and Port of Va. reach lease agreement for offshore wind project
Dominion Energy Inc. and the Port of Virginia reached an agreement allowing Dominion to lease 72 acres of the Portsmouth Marine Terminal, Gov. Ralph Northam announced Wednesday. Dominion Energy will use its portion of the 287-acre terminal, one of the Port of Virginia’s two multiuse terminals in the Norfolk Harbor, as a stagin[...]
Dominion Business Center in Chesapeake sells for $5M
The two-building Dominion Business Center in Chesapeake sold for $5 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Aug. 16. Located at 1001, 1005 and 1009 Scenic Parkway, Dominion Business Center sits on about 21 acres within the 325-acre Dominion Commerce Park. The center is 90% leased to a gro[...]
Arlington tech contractor acquires Herndon software company
Arlington-based national security technology contractor Two Six Technologies announced Tuesday its first acquisition, of Herndon-based software and analytics company Trusted Concepts Inc. Financial details of the transaction were not disclosed. “I’m absolutely thrilled to welcome Trusted Concepts into the Two Six team,” Two Six Technologies CEO Joe Logue said in a statement. “Trusted Concepts’ co-founders […][...]
DXC Technology shifts CIO to COO
Tysons-based Fortune 500 IT company DXC Technology promoted Chris Drumgoole to executive vice president and chief operating officer, it announced Thursday, when Drumgoole assumed the role. “Going forward as COO, my focus will be to further enhance the productivity of our workforce, simplify and streamline operations and proces[...]
Arlington tech contractor names VP architect
Arlington-based national security technology contractor Two Six Technologies named Daniel J. “Rags” Ragsdale its vice president – architect on Aug. 4. “I’m beyond excited to have the opportunity to work closely with the deeply passionate and well-respected experts who comprise the Two Six Technologies team,” Ragsdale[...]
Hanover Harley Davidson building sells for $2.9M
A Hanover property that will become the new Peebles Golf Cars headquarters sold for $2.9 million, Colliers | Virginia announced Monday. Located at 10441 Washington Highway, the facility sits on 5.3 acres. Peebles Golf Cars will move its headquarters from Glen Allen to the 31,815-square-foot property. Old Washington Highway LLC b[...]
Lockheed Martin Manassas office wins modification to $190.27M Navy contract
The Manassas office of Lockheed Martin Corp.’s Rotary and Mission Systems sector will add work on a contract the company previously won. The modification is to a $190.27 million Naval Sea Systems Command, Washington, D.C., cost-plus-incentive-fee contract. It is to exercise an option for engineering design development and supporting material procurement, the Department of Defense […]
Two Va. companies among group that won $950M Navy contract
Two Virginia federal contracting companies were part of a group of companies that won a maximum $950 million construction contract from Naval Facilities Engineering Systems Command (NAVFAC) Mid-Atlantic, Norfolk. Along with six other contractors, they can compete for task orders under the terms of the contract, the Department of Defense announced Friday. Virginia Beach-based S.B. […]
Capital Square buys Chesterfield apartment complex for $86M
Henrico County-based Capital Square 1031 purchased the Livingston Apartment Flats in Chesterfield County from Cosby Village Residences LLC for $86 million earlier this month. Whitson Huffman, Capital Square’s chief strategy and investment officer, noted that Chesterfield’s population grew 11% between 2010 and 2019 an[...]
Developer plans 800K-square-foot industrial building in Suffolk
A Kansas-based industrial developer has purchased 72 acres in Suffolk for $4.1 million, with plans to construct an 813,721-square-foot logistics center by September 2022. Cushman & Wakefield | Thalhimer announced the sale Friday, in which Geoff Poston and Ellis Colthorpe handled negotiations on behalf of the seller, Equus Ca[...]
VCU poll shows McAuliffe, Youngkin in dead heat
The Republican and Democratic candidates for Virginia governor are in a virtual tie, a new poll by the L. Douglas Wilder School of Government and Public Affairs at Virginia Commonwealth University reported Friday. Democratic former Gov. Terry McAuliffe is polling ahead at 40%, while Republican Glenn Youngkin, former co-CEO of Th[...]
