Williamsburg industrial building sells for $3.47M
The Endeavor Center industrial and distribution building in Williamsburg sold for $3.47 million, Cushman & Wakefield | Thalhimer announced Tuesday. The 70,000-square-foot building, located at 1709 Endeavor Drive in the James River Commerce Center, is a multi-tenant building that sits on 5.61 acres. CTPS LLC bought the buildi[...]
Va. Beach Naval Air Station to allow private development
About 400 acres of underutilized land at Naval Air Station Oceana in Virginia Beach could be leased for private development, according to a new agreement between the Navy and the city of Virginia Beach. The agreement was signed Thursday. The concept, known as Future Base Design, would mean that the land would be leased to [&hell[...]
Northam will require state employees to get vaccinated
State employees will be required to show proof of a COVID-19 vaccine by Sept. 1 or be tested weekly, Virginia Gov. Ralph Northam announced Thursday, as the delta variant has led to rising cases. “Today, I’m taking an important step to protect employees,” Northam said at a news conference, adding that the measur[...]
Richmond mandates vaccinations for city employees
Richmond Mayor Levar Stoney announced Wednesday that all city employees will be required to be vaccinated against COVID-19, becoming the first Virginia locality to mandate vaccination. Fairfax County has taken steps in recent weeks toward a vaccination mandate for its 12,000 employees, but the county executive must make the fina[...]
McLean-based IntelliBridge LLC acquires Arlington’s U. Group
McLean-based tech contractor IntelliBridge LLC has acquired Arlington-based technology solutions firm U.Group, the company announced Tuesday. Financial details of the transaction were not disclosed. “U.Group’s team of creative and innovative technology experts solidifies our position in the digital solutions marketplace,[...]
Arlington’s Sage Management acquired by S.C. firm
Sage Management, an Arlington-based telecommunications software company, has been acquired by Charleston, South Carolina-based SIB Fixed Cost Reduction, SIB parent company O2 Investment Partners announced Tuesday. Financial details of the transaction were not disclosed. “Sage introduces a new adjacency that transforms SIB’s telecom cost-reduction capabilities,” SIB CEO Kevin Flounders said in a statement. “The compan[...]
Mary Baldwin University appoints first chief diversity officer
The Rev. Andrea Cornett-Scott has been named Mary Baldwin University’s first chief diversity officer, effective Aug. 1. Cornett-Scott will be responsible for campuswide diversity, equity and inclusion efforts and resources. Her duties will include assessing the need for training initiatives on cultural competency, racial s[...]
Leidos wins $600M contract to support Army Geospatial Center
Reston-based Fortune 500 government contractor Leidos Holdings Inc. won a U.S. Army contract worth an estimated $600 million if all options are exercised, the company announced Monday. Under the single-award contract, which has a one-year base with three one-year options, Leidos will support the Army Geospatial Center’s (A[...]
Huntington Ingalls Industries lands $346M contract to assist U.S. Africa Command
Newport News-based Huntington Ingalls Industries’ Technical Solutions division won a contract with a potential value of $346 million to provide personnel recovery and casualty evacuation services for the Department of Defense’s U.S. Africa Command (USAFRICOM) and partner nations, it announced Monday. The One Acquisit[...]
Clarabridge to be acquired by Utah firm in $1.13B deal
Reston-based software company Clarabridge Inc. is being acquired by Provo, Utah-based data analytics firm Qualtrics International Inc. in a nearly $1.13 billion all-stock deal, the companies announced Thursday. Clarabridge’s platform uses artificial intelligence to provide conversational analytics — it is able to analyze[...]
Telos Corp. acquires Alabama biometric software company
Ashburn-based cybersecurity firm Telos Corp. has acquired Alabama-based biometric software company Diamond Fortress Technologies Inc., Telos announced Monday. Financial terms of the transaction were not disclosed. The acquisition adds patents to Telos’ biometric and digital identity intellectual property. Telos will integrate DFT’s ONYX software into its platform. ONYX is a touchless fingerprinting software that uses [&helli[...]
Virginians bet $235M on sports in June
Virginians bet $234.9 million on sports in June but nearly broke even, making $212.9 million during the fifth full month for legal sports wagers, according to data released Friday by the Virginia Lottery. Virginia sports betting wagers now total more than $1.3 billion since the state legalized sports betting in mid-January. In M[...]