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REI Systems secures $400M FDA contract
Sterling-based IT company REI Systems secured a five-year, $400 million contract from the U.S. Food and Drug Administration, the company announced Tuesday. Under the single-award Criminal Investigations, Imports and Systems Inspection Regulatory Compliance and Enforcement contract, REI will support the FDA’s Office of Regulatory Affairs in the development and operations of mission-critical systems that help […][...]
Virginia snags “Best Business Climate” state ranking
Virginia is the state with the “Best Business Climate” in the nation, according to Business Facilities magazine’s 17th annual State Ranking Report, released Wednesday. Last year, Texas held the No. 1 spot, with Virginia taking second. After falling off Business Facilities’ top 10 list in 2014 and 2015, Virginia placed ninth in 2016, fourth in […]
LMI acquires Falls Church solutions consulting company
Tysons-based government and defense contractor LMI acquired Falls Church-based Suntiva, it announced Tuesday. Suntiva is a technology-enabled solutions company focused in the public health and defense markets. The acquisition provides LMI with new customer access, particularly the U.S. Food and Drug Administration, the National [...]
The Hilb Group acquires Medicare-focused firm, six Va. companies
Henrico-County based insurance company The Hilb Group LLC finalized its acquisition of Health Quote of Rhode Island Inc. on July 1, it announced Tuesday. Financial terms of the transaction were not disclosed. Health Quote specializes in Medicare offerings, and its clientele will join THG’s Medicare practice. THG CEO Ricky Spiro said in a statement, “Our […]
Bechtel promotes exec to president of nuclear, security, environmental unit
Reston-based global engineering and construction company Bechtel Corp. has promoted John Howanitz to president of Bechtel Nuclear, Security & Environmental Inc. He will begin Sept. 1. Craig Albert, Bechtel president and chief operating officer, said in a statement, “John’s experience in delivery of energy, environmental,[...]
Inova Fairfax Medical Campus captures No.1 state ranking
Inova Fairfax Medical Campus unseated University of Virginia Medical Center as the best hospital in Virginia in U.S. News and World Report’s annual list of the best hospitals in the nation, which was released Tuesday. The Inova facility was also ranked as the top hospital in the Washington, D.C. area. “We are extraordinarily[...]
Arlington supply chain tech company joins unicorn club
Following its $100 million Series C financing round, Arlington-based supply chain management technology company Interos Inc. has been valued at $1 billion, reaching coveted unicorn status. Led by CEO Jennifer Bisceglie, Interos is one of 74 female-led unicorns, according to Crunchbase. Worldwide, there are more than 770 unicorn [...]
Virginia Beach office buildings sell for $15.8M
Three buildings in the Pembroke Office Park in Virginia Beach sold for $15.77 million, S.L. Nusbaum Realty Co. announced Monday. Pembroke Buildings Four, Five and Six total 167,660 square feet. Pembroke Office Park is a 300,000-square-foot park with five multitenant office buildings. Seminole Trails Properties LLC bought the bui[...]
Roanoke construction firm to renovate Homestead’s Warm Springs Pools
Roanoke-based Lionberger Construction Co. has been selected as the general contractor to renovate The Omni Homestead Resort’s historic Warm Springs Pools, Omni Hotels & Resorts announced Monday. The contractor will restore the men’s and ladies’ bath houses at the formerly named Jefferson Pools and the reception house o[...]
PAE wins $74.2M contract to support Marine base in Japan
Falls Church-based defense and government services contractor Pacific Architects and Engineers Inc. (PAE) was awarded a potential $74.2 million contact to run base operating support services at U.S. Marine Corps Air Station Iwakuni, Japan, providing maintenance and repair services for base facilities, grounds and family housing, including custodial services and wastewater operations. The contract from […][...]
Arlington federal contractor acquires Alexandria tech firm
Arlington-based IT services federal contractor Planned Systems International Inc. acquired Alexandria-based technology company ProSphere Tek Inc., it announced Thursday. Financial details of the transaction were not disclosed. Founded in 2006, federal contractor ProSphere designs and maintains mission-critical systems, supports [...]
Va. Beach apartment complex where Pharrell lived sells for $24.5M
The Virginia Beach apartment complex where music superstar Pharrell Williams lived until he was 7 has been sold for $24.5 million to Fairstead, a New York-based real estate company focused on sustainable development and affordable housing. The company announced Thursday that it plans a $15 million overhaul of the Atlantis Apartm[...]
