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Boeing makes record $50M gift to Va. Tech Innovation Campus
Aerospace and defense contractor Boeing made a record $50 million, multiyear commitment to foster diversity at the Virginia Tech Innovation Campus under development in Alexandria, Virginia Tech announced Tuesday. The largest corporate donation ever made to Virginia Tech, the commitment from Chicago-based Boeing also ties the lar[...]
SCC approves nine solar farms to provide power for Dominion
On April 30, the Virginia State Corporation Commission approved nine major solar farms, which have the potential to generate nearly 500 megawatts and power 125,000 homes for Virginia customers of Richmond-based Fortune 500 utility Dominion Energy Inc. “This is another major step forward in building a clean energy economy in Virginia,” said Ed Baine, president of Dominion […]
Raytheon Intelligence & Space receives $318M TSA contract
Arlington-based Raytheon Intelligence & Space will expand its deployment of checked baggage screening equipment to all federally managed airports nationwide under a five-year, $318 million contract with the Transportation Security Administration. A subsidiary of Massachusetts-based Raytheon Technologies Corp., Raytheon Intelligence & Space previously had a contract to install and/or upgrade checked baggage screening equipment i[...]
Reston-based Maximus gets $951M contract for national COVID hotline
Reston-based government services company Maximus has received a potential $951 million contract to support the Centers for Disease Control and Prevention’s COVID-19 national surge support and vaccine assistance hotline. In the early months of the pandemic, Maximus staffed a 500-person CDC call center to respond to call and emails from health care providers and the […]
Northrop Grumman receives $959M defense contract
Falls Church-based aerospace and defense contractor Northrop Grumman Corp. was awarded a $959.1 million contract Friday from the U.S. Army for production of infrared countermeasures, which protect aircraft from heat-seeking missiles. The work is to be completed by April 29, 2026. The contract comes on the heels of a $2.3 billion defense contract Northrop Grumman […]
Noblis acquires McKean Defense
Reston-based not-for-profit federal contractor Noblis announced Monday that it has acquired Philadelphia-based McKean Defense and its affiliates, Mikros Systems and Cabrillo Technologies. The amount of the acquisition was not disclosed. Formerly an employee-owned defense contractor specializing in surface ship readiness for the U.S. Navy, McKean Defense is now a wholly owned subsidiary of Noblis. Glenn […][...]
Aditxt to produce 300 jobs in Richmond
A biotech company is setting up shop in Richmond and is expected to produce 300 jobs, Gov. Ralph Northam announced Monday. California-based Aditx Therapeutics Inc. (Aditxt) has pledged to invest $31.5 million over the next three years in its first AditxtScore Center, a facility that will monitor patients’ immune systems. The company plans to open […]
Virginia public colleges can mandate COVID vaccines, Va. AG says
RICHMOND, Va. — Virginia colleges are beginning to announce mandatory fall COVID-19 vaccine policies following the state attorney general’s opinion that higher education institutes can require the vaccine. Virginia public colleges and universities can mandate the COVID-19 vaccine for faculty and students returning to[...]
Valve manufacturer announces $1.9M expansion in Norfolk
Norfolk-based Dante Valve Co. will expand its operations with a $1.9 million investment, Virginia Gov. Ralph Northam announced today. The family-owned business, which marked its 60th anniversary last year, is an international manufacturer and distributor of pressure-relief valves and related products — primarily for submarines, aircraft carriers and other naval vessels. The U.S. Navy is […][...]
Two Virginia companies make 2021 LinkedIn Top Companies list
Virginia-based Fortune 500 companies Northrop Grumman Corp. and Capital One Financial Corp. are among the 50 best workplaces to grow your career, according to LinkedIn’s Top Companies List, released this week. Falls Church-based Northrop Grumman, which ranks No. 32 on the LinkedIn Top Companies list, was cited for a variety of mentorship programs for women. […]
Fairfax County tech company adding 162 jobs
A fast-growing technology solutions company will invest $1.75 million to expand in Fairfax County, creating 162 jobs, Virginia Gov. Ralph Northam announced today. The company, Ridgeline International Inc., offers technology solutions for the federal government, commercial and nonprofit sectors. It said the expansion aims to increase its ability to provide security solutions. Founded in 2015, […][...]
Q1 sees stronger industrial, mixed office space demand
Cushman & Wakefield | Thalhimer has released Q1 highlights in commercial real estate for several Virginia regions, including Roanoke, Fredericksburg, Hampton Roads, Richmond and Charlottesville. Here are some of the regions’ “fast facts” for the first quarter of 2021: Roanoke’s unemployment rate reached 5.1%, an increase from the fourth quarter but still below the national […][...]
