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SimpliSafe bringing second facility to Henrico
Home security system manufacturer SimpliSafe will invest more than $3 million to expand its operations in Henrico County, increasing its jobs creation total for the county to more than 800, Gov. Ralph Northam announced Thursday. The company will establish a new customer security monitoring service center at 4840 Cox Road in Glen[...]
Arlington defense contractor wins $105M Army contract
Arlington-based defense contractor Leonardo DRS Inc., a subsidiary of Italian defense contractor Leonardo SpA, has won a $105 million U.S. Army mission command computing systems delivery order contract, it announced Wednesday. The military defense company will complete the delivery order for the Mounted Family of Computer System[...]
Plastics equipment manufacturer to reopen Pulaski facility
Plastics industry equipment manufacturer Xaloy Holdings LLC will move its barrel manufacturing operation from Ohio back to Virginia, reopening its former facility in Pulaski County, Gov. Ralph Northam announced Thursday. Xaloy will invest $1.75 million in its 100,000-square-foot, 30-acre site in Pulaski to produce bimetallic bar[...]
Va. jobless claims continued decline last week
The state’s initial unemployment claims continued to decrease last week, dipping below 6,000 in the filing week ending July 10, the Virginia Employment Commission reported Thursday. Continued claims also decreased last week. For last week, initial claims totaled 5,952, a decrease of 873 claims from the previous week, while[...]
Fed says Fifth District economy growing moderately
[wpdiscuz-feedback id=”z7qx6rb9ba” question=”Why?” opened=”0″]Amid the post-pandemic recovery[/wpdiscuz-feedback], the Federal Reserve’s Fifth District (including Virginia, North Carolina, South Carolina, West Virginia and Maryland) has been seeing moderate economic growth in recent week[...]
Virginia finishes FY21 with record $2.6B surplus
Virginia reached the end of fiscal year 2021 with a $2.6 billion surplus, the largest in the commonwealth’s history, according to a statement released by Virginia Gov. Ralph Northam on Wednesday. Total revenue collections grew 14.5% over fiscal year 2020, ahead of 2.7% growth projections. State collections reached $8.6 billion[...]
Biden will nominate SAIC senior VP as Army under secretary
President Joe Biden announced Tuesday his intent to nominate Gabe Camarillo, a senior vice president at Reston-based Fortune 500 federal contractor Science Applications International Corp., for under secretary of the U.S. Army. Camarillo is SAIC’s senior vice president of its army business unit and previously held other le[...]
SAIC appoints three initial members to new advisory board
Reston-based Fortune 500 government contractor Science Applications International Corp. has formed a new Strategic Advisory Board, the company announced Tuesday, and the first three board members include former U.S. Deputy Secretary of Defense David L. Norquist. Norquist, who served in federal government from 1989 to 2021, serve[...]
Sentara Healthcare hires medical director of health equity
Sentara Healthcare has hired Dr. Keith H. Newby as an independent contractor to serve as the system’s medical director of health equity. He will work on expanding plans and initiatives that improve access to health care in underserved neighborhoods, as well as on plans that promote higher COVID-19 vaccination rates among popul[...]
Octo acquires Volant Associates, creating new division
Reston-based government contractor Octo Consulting Group has acquired Volant Associates, a Chantilly-based defense software development company, it announced Tuesday. Financial details of the transaction were not disclosed. Volant has contracts supporting the Defense Intelligence Agency and other U.S. intelligence community agen[...]
Draper Aden Associates names new CIO
Richmond-based engineering, surveying and environmental firm Draper Aden Associates promoted Lud Eng to chief information officer on July 1. Eng, who is based in Blacksburg, previously served as the firm’s director of information technology. He has been with Draper Aden for more than 25 years. “We are pleased to announce Lud[...]
Northrop Grumman lands $935M contract to build crew quarters for lunar space station
Falls Church-based aerospace and defense contractor Northrop Grumman Corp. has been awarded a $935 million contract from NASA to build the crew quarters for a space station in lunar orbit as part of NASA’s Artemis program, which plans to return astronauts to the moon this decade. The Fortune 500 corporation will complete t[...]
