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Kongsberg wins Army contract extension worth $499M
The U.S. Army has awarded a $499.17 million contract modification to weapon stations provider Kongsberg Defence & Aerospace AS, a Norwegian company with its U.S. headquarters based in Alexandria. Work locations and funding will be determined with each order, the U.S. Department of Defense announced, estimating completion in September 2023. The contract for production, system […]
Reston-based Bowman Consulting Group raises $51.7M in IPO
Reston-based civil engineering company Bowman Consulting Group Ltd. has raised $51.73 million in its initial public offering that closed Tuesday, selling 3.69 million shares at $14 a share since Friday. Sold under the symbol BWMN on the Nasdaq Global Market, shares traded between $12.60 and $14.90 as of Tuesday afternoon. After closing its sale of […]
AT&T Public Sector wins $175M transportation contract
AT&T Inc. announced Tuesday it has been awarded a $175 million contract from the U.S. Department of Transportation (DOT) to modernize its voice and data networks. AT&T’s Public Sector organization, which is based in Oakton, landed the deal. The 12-year contract was awarded through the General Service Administration’s Enterprise Infrastructure Solutions technology procurement program. Dallas-based […][...]
Northam declares state of emergency related to gas pipeline shutdown
Gov. Ralph Northam declared a state of emergency Tuesday, five days after the Colonial Pipeline was shut down due to a cyber-attack. The Texas pipeline is the primary source of gasoline for many retailers in Virginia and elsewhere on the East Coast, so its prolonged closure would interrupt distribution of gas to the state, the [[...]
Youngkin wins GOP gubernatorial nomination
After a long day and night of counting ranked ballots, the Virginia Republicans emerged with a gubernatorial nominee Monday night: Fairfax County resident Glenn Youngkin, the former CEO of The Carlyle Group, who received 54.71% of the vote in Saturday’s nominating convention. On Tuesday night, former Norfolk delegate Winso[...]
Washington Football Team names chief creative, digital officer
The Washington Football Team, in the middle of a major rebranding effort, has hired the organization’s first chief creative and digital officer, it announced Tuesday. Will Misselbrook will oversee the team’s brand marketing strategy and develop content for fans and sponsors, and he will report directly to team Presid[...]
Virginia awaiting CDC approval before vaccinating kids ages 12-15
Although the U.S. Food and Drug Administration on Monday expanded its emergency use authorization of the Pfizer Inc. COVID-19 vaccine to include children ages 12 and older, Virginia will wait for action from the Centers for Disease Control and Prevention before administering shots to adolescents, state vaccination coordinator Dr[...]
Guidehouse taps Fairfax for global HQ, creating 900 jobs
Guidehouse, a management consulting company with clients around the world, will establish its global headquarters in Fairfax County, producing more than 900 jobs, Gov. Ralph Northam announced Monday. The company will invest $12.7 million in a campus at 1676 International Drive in McLean, where 1,550 people will work at full capacity. Virginia competed with Maryland […]
Danville’s White Mill to be redeveloped into mixed-use project
Danville’s Industrial Development Authority and The Alexander Co. are teaming up to redevelop the city’s White Mill on the Dan River as a mixed-use commercial and residential project, with $62.5 million invested in the first phase, city officials announced Monday. Local officials have long been seeking developers for[...]
Atlantic Broadband announces $7.2 million partnership
Atlantic Broadband has announced a $7.2 million partnership to deliver broadband to more than 1,200 homes and businesses in Caroline, Mathews, Lancaster and Middlesex counties. A $4.2 million grant from the Virginia Telecommunication Initiative pays for the bulk of the project, with $1.5 million coming from Atlantic Broadband and the remaining $1.5 contributed by the […]
Cushman & Wakefield | Thalhimer names HR senior manager
Ryan Murchison has been promoted to senior human resources manager, Cushman & Wakefield | Thalhimer announced Friday. Murchison joined the Richmond-based real estate firm in 2015 and will oversee human resources for all the company’s business lines and offices, which are in Richmond, Newport News, Virginia Beach, Frede[...]
Norfolk Family Dollar store sold for $2.47M
A Family Dollar store in Norfolk has been sold for $2.47 million, Cushman & Wakefield | Thalhimer announced this week. The building at 2328 E. Princess Anne Road was sold on April 30 by Twin Rivers Capital to 527 Kings Hwy LLC, with sale negotiations handled by Catharine Spangler with Thalhimer’s Capital Markets Group [...]
