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Construction continues to struggle during pandemic
The nonresidential construction industry lost 4,000 jobs in July, as compared to June, the Associated Builders and Contractors (ABC) announced Friday. The construction industry as a whole, however, has added 639,000 jobs during the past three months — recovering approximately 59% of the jobs lost during the pandemic. “For several weeks, contractors have noted an […]
Falwell agrees to immediate indefinite leave of absence from Liberty
UPDATE: Board of Trustees Chairman Jerry Prevo has been appointed acting president during Falwell’s absence. Liberty University President and Chancellor Jerry Falwell Jr. has agreed to immediately take an indefinite leave of absence from both leadership roles at the private Christian institution in Lynchburg, at the reque[...]
Va. Supreme Court grants eviction moratorium through Sept. 7
The Supreme Court of Virginia granted a temporary statewide eviction moratorium to begin Aug. 10 and remain in effect through Sept. 7, Gov. Ralph Northam announced Friday. The moratorium halts all eviction proceedings related to rent payment failures due to the pandemic. Northam requested the moratorium in a letter to the state’s highest court on […]
Perspecta wins $112M Homeland Security contract
The U.S. Department of Homeland Security awarded a contract worth up to $112 million to Perspecta Inc. to provide managed information technology services to the department’s data centers, the Chantilly-based federal contractor announced Thursday. “This award reinforces our standing as a premier provider of end-to-end next generation managed IT services,” Rocky Thurston, senior vice president […][...]
SAIC lands $40M TSA contract
The Transportation Security Administration (TSA) awarded a $40 million contract to Reston-based defense contractor Science Applications International Corp. (SAIC) to provide operational test and evaluation services, according to a System for Award Management (SAM) notice. Under the contract, SAIC will help the TSA plan, implement, analyze and report airport operations. Work on the contract will […][...]
Strategic Education Inc. to raise $191.5M through public stock offering
Herndon-based education company Strategic Education Inc. announced Thursday that it plans to raise $191.5 million through a public stock offering. The company, through Aug. 10, will offer for sale 1.9 million shares of its common stock at a public offering price of $105 per share. Strategic Education intends to use some of the proceeds to […]
Va. first state to launch COVID-19 tracking app
Virginia on Wednesday became the first state in the nation to launch an app that offers alerts to people who have been in close contact with someone who has tested positive for COVID-19. The app, Covidwise, is available for Apple and Android devices. It uses Bluetooth Low Energy technology (which does not drain phone batteries[...]
Capital One fined $80M for 2019 data breach
Federal bank regulator the Office of the Comptroller of the Currency announced Thursday it has fined McLean-based Capital One Financial Corp $80 million for what it calls unsafe and unsound information technology practices tied to computing operations in its cloud environment. Capital One is the largest bank in Virginia, according to 2019 deposits. In 2019, […]
Ferrum College receives $100K gift
Ferrum College alumnus Michael Christian donated $100,000 to his alma mater, which will establish the Michael T. Christian ’63 Center for First-Year Experience at the school. The center — intended to connect incoming first-year students to professors, mentors and classmates — will be located in the college’s library and [...]
McLean-based wireless provider announces new leadership
McLean-based wireless technology company Kajeet announced Wednesday it has hired Melissa Blanken as vice president of marketing and Bill Stribrny as vice president of sales. For 25 years, Blanken has worked in marketing and was most recently the chief marketing officer with McLean-based internet company ID.me. She has also previ[...]
GSA awards Reston tech company $11.8M contract
The General Services Administration (GSA) has awarded Reston-based government technology company Octo Consulting Group an $11.8 million contract to provide framework and architecture services for the GSA’s System for Award Management (SAM). Under the GSA’s CIO Modernization and Enterprise Transformation contract, Octo will provide Scaled Agile Framework (SAFe) and business and technical architecture for the […][...]
Northam launches primary care task force
As primary care physicians report that the pandemic has caused financial stress and layoffs at their practices, Gov. Ralph Northam announced Wednesday the creation of a primary care task force in partnership with the Virginia Center for Health Innovation (VCHI) and Secretary of Health and Human Resources Daniel Carey. During the pandemic, 40% of primary […]
