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Booz Allen acquires Pa. cybersecurity company
McLean-based government contractor Booz Allen Hamilton on Tuesday announced it had acquired Pennsylvania cybersecurity company Defy Security.
Packaging Corp. of America to lay off 110 tied to Richmond facility
Packaging Corp. of America plans to close its Richmond facility, resulting in 110 layoffs.
Federal judge finds Nexus Services owners in contempt over sale
Federal judge Elizabeth K. Dillon finds Nexus Services owners in contempt for violating injunction with business sale in Virginia following $811 million judgment.
In DuPont Aramids unit sale, 975 jobs in Chesterfield shift employers
DuPont completed the $1.8 billion sale of its Aramids business to Arclin, transferring about 1,000 jobs at the Chesterfield Spruance facility.
More data centers equal more electricity demand
Virginia's data centers, the largest concentration globally, are causing a surge in electricity demand, challenging Dominion Energy's supply capabilities.
Virginia’s private colleges seek increased state tuition aid
Virginia private colleges increase donor scholarships and state grants to support students facing federal Pell grant and loan funding cuts in 2024.
Accounting firms increasingly embrace AI tools
Accounting firms in Virginia have quadrupled AI adoption to 41% in 2025, with plans to increase investments as they balance efficiency and data security.
Cavallo to return as Martin Agency CEO
Kristen Cavallo is returning as the CEO of prominent Richmond-based ad agency The Martin Agency, according to a Thursday LinkedIn post from the agency.
Korean Air plans 103 Boeing plane purchases valued at $36.2B until 2039
Korean Air plans to acquire 103 Boeing planes valued at $36.2 billion by 2039, according to a regulatory filing.
Pentagon says it will ramp up war supplies with BAE Systems, other govcons
The Pentagon has reached agreements with BAE, Lockheed Martin, and Honeywell to increase production of defense munitions and systems amid wartime efforts.
Vienna roadside tech firm to be acquired by Mass. competitor
Vienna-based roadside assistance tech company Urgent.ly will soon be acquired by Massachusetts-based competitor Agero and taken private.
Aclara opens rare earth pilot plant at Virginia Tech
Aclara is launching a rare earth pilot plant at Virginia Tech to boost the U.S. supply chain and reduce reliance on China.
