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UPDATED: Ex-associate claims sexual relationship involving Jerry and Becki Falwell
RELATED STORY: Despite saying earlier Monday that reports of his resignation were “completely false,” Jerry Falwell Jr. said in a late-night interview with ABC News that he tendered his resignation as president of Liberty University late Monday night. Updated, 1:30 p.m. Aug 24 A former business associate of Liberty [...]
Liberty board confirms Jerry Falwell Jr.’s indefinite leave
Update, Aug. 24: In a statement, Jerry Falwell Jr. alleges former friend blackmailed his family over affair with Falwell’s wife. At a special meeting Friday, Liberty University’s Board of Trustees affirmed the terms of Jerry Falwell Jr.’s indefinite leave of absence and the terms of employment for the school&[...]
Leidos subsidiary to build NASA spacecraft under $253M contract
Dynetics, a subsidiary of Reston-based federal contractor Leidos, has started developing a spacecraft called the Autonomous Logistics Platform for All-Moon Cargo Access through a potential $253 million contract with NASA to develop human landing systems for the agency’s lunar mission by 2024, CNBC first reported Wednesday. NASA selected Dynetics, along with Blue Origin and SpaceX, […]
Two VCU faculty named senior members of National Academy of Inventors
Virginia Commonwealth University announced Tuesday that two faculty members have been named as senior members of the National Academy of Inventors, an organization for inventors in academia. Srirama Rao, VCU’s vice president for research and innovation, and Everett Carpenter, a chemistry professor in the College of Humanities [...]
Wash.-based telecomm company buys Vienna satellite tech firm
Redmond, Washington-based mobile communications company Kymeta Corp. announced Tuesday it has acquired Vienna-based satellite technology company Lepton Global Solutions LLC. Financial terms of the transaction were not disclosed. Lepton will become a wholly owned subsidiary of Kymeta under the acquisition. Founded in 2013, Lepton provides satellite communication services to intelligence agencies, special operations commands and [&helli[...]
D.C. private equity firm sells Chantilly tech firm for $827M
Washington, D.C.-based private equity firm Arlington Capital Partners announced Wednesday it has agreed to sell Chantilly-based technology contractor Centauri to Houston-based KBR Inc. (a former Halliburton subsidiary) for $827 million. The acquisition will expand KBR’s presence in the military space, defense modernization and cybersecurity sectors, according to the engineering, procurement and construction company. “KBR’s acq[...]
Virginia Tech launches COVID-19 dashboard
Virginia Tech on Wednesday launched an online dashboard that the university will use to keep track of COVID-19 test results and the number of students in on-campus isolation spaces. “Our comprehensive plan to manage the additional cases expected as the Blacksburg campus is repopulated includes close collaboration with our campus experts and community partners,” Virginia […]
11 Va. employers recognized for hiring veterans
Eleven Virginia employers received this year’s Virginia Values Veterans Awards, which were announced Wednesday during the virtual 2020 Virginia Veterans and Military Affairs Conference, which is hosted by the Virginia Chamber of Commerce in partnership with the Virginia Department of Veterans Services (VDVS) and the Virginia Veterans Services Foundation (VVSF). “Virginia is home to a […][...]
Va. hotel revenue inching upward
Hotel revenues in Virginia continued to incrementally improve last week, according to new data from STR Inc., a division of CoStar Group providing market data on the U.S. hospitality industry. During the week of Aug. 9 through Aug. 15, hotel revenues in Virginia decreased by 44% and rooms sold declined by 32%, compared to the […]
Business optimism down among GovCon officials
Business optimism among government contractor (GovCon) officials has dropped 16% during the pandemic, according to the Gauge Report, an annual survey conducted by Dulles-based software company Unanet and New York City-based CohnReznick LLP. “These concerns and sentiments are to be expected given the current economic climate,” Kim Koster, Unanet vice president of GovCon strategy and […]
Montgomery County, Blacksburg, Christiansburg launch small business relief grants
Montgomery County and the towns of Blacksburg and Christiansburg on Wednesday launched a grant fund to support small business recovery in response to COVID-19. Eligible businesses can receive one-time grants of up to $27,500. The Small Business Recovery grant program is funded by the federal Coronavirus Aid, Relief, and Economic[...]
Chantilly company wins $76M Space Force contract modification
The U.S. Space Force has awarded Chantilly-based space systems technology company LinQuest Corp. a $76 million contract modification to support the special capabilities division at the branch’s Space and Missile Systems Center (SMC), the company announced Wednesday. “LinQuest traces its heritage of sophisticated satellite communications back to 1977,” Chris Beres, general manager of LinQuest’s space […][...]
