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Emory & Henry names dean for upcoming business school
Emory & Henry College announced Monday that Emmett Tracy has been appointed as dean of its new School of Business, which will be built on the former site of Carriger Hall at the college in Washington County. Until the business school opens at an unannounced date, McGlothlin Street Hall will be home for the business […[...]
Center for Innovative Technology names president, CEO
The Herndon-based Center for Innovative Technology (CIT) announced Friday it has promoted former state Secretary of Commerce and Trade Robert J. “Bob” Stolle as its new president and CEO, replacing Ed Albrigo. A not-for-profit corporation created in 1985 by the Virginia General Assembly, CIT functions as the state go[...]
26 Va. schools make U.S. News and World Report’s 2021 list
Of more than 500 schools recognized on the U.S. News and World Report’s 2021 lists of the best universities and liberal arts colleges in the country released Monday, 26 Virginia schools snagged spots. The University of Virginia was ranked as the fourth-best public school in the country and had the highest graduation rate of any […]
Va. Small Business Financing Authority didn’t loan out $28M
The Virginia Small Business Financing Authority (VSBFA) disbursed only 8% of its available funds in 2018 and just 10% in 2019 for loans, grants and bonds to help small businesses — holding on to $28 million, according to a study released Monday by the Joint Legislative Audit & Review Commission (JLARC). A division of the […]
Hampton Roads sees record drop in available homes for sale
Hampton Roads housing inventory was down by nearly 47% in August, compared to August 2019, Real Estate Information Network Inc. (REIN) reported Tuesday. The region’s supply of inventory stood at just 1.97 months in August, which is the lowest recording since REIN began tracking this metric in September 2008. “Simply [...]
JetBlue to offer daily West Coast flights from Richmond International Airport
JetBlue Airways announced Thursday that it will offer daily flights from Richmond International Airport (RIC) to Los Angeles (LAX), Las Vegas (LAS) and Tampa (TPA) starting in November and December. Once-a-day service to TPA will start Nov. 19 and service to LAX and LAS will start Dec. 18. Daily service to Tampa begins on Nov. [[...]
Don’t expect hotel revenue improvement to continue, industry says
UPDATED SEPT. 11, 2 P.M. Virginia hotel revenues saw some improvement last week, according to data released Thursday, but hotel industry representatives say it’s nowhere near enough to offset the “economically devastating” losses that the lodging sector has suffered this year due to the pandemic. For the week of Aug. 30 through Sept. 5, hotel […]
Reston contractor buys Md.-based software, systems engineering company
Reston-based government contractor Acclaim Technical Services Inc. announced Sept. 1 it has acquired Rockville, Maryland-based software and systems engineering company Global Consulting Services Inc. Terms of the transaction were not disclosed. Founded in 2015, Global Consulting Services’ 30 employees support multiple contracts working on development, engineering and testing of mission critical systems for Intelligence Community[...]
Arlington cybersecurity firm buys Tysons software company
Arlington-based cybersecurity company ThreatConnect Inc. announced Thursday it has acquired Tysons-based software company Nehemiah Security, which quantifies cybersecurity risks for customers. ThreatConnect did not disclose a transaction price, but through its purchaser entity, NS Holdings LLC, it “acquired substantially all of the assets and assumed selected liabilities of Nehemiah,” according to a company statement. The [&hellip[...]
McLean firm wins $7.3M DARPA 5G security contract
McLean-based computer and network security company Kryptowire LLC won a four-year, $7.3 million contract to help the Defense Advanced Research Projects Agency (DARPA) conduct research and development services for 5G mobile network security, according to a Department of Defense statement released Tuesday. Under the contract, Kryptowire will work under DARPA’s Open, Programmable, Secure 5G (OPS-5G) […][...]
Accenture Federal Services wins $89.5M Air Force contract
The U.S. Air Force awarded Accenture Federal Services (AFS), an Arlington-based subsidiary of Irish Fortune Global 500 company Accenture, a potential five-year, $89.5 million contract to establish a cloud-based common infrastructure for the branch’s enterprise resource planning (ERP) systems, the company announced Wednesday. Under the contract, AFS will manage the existing information technology infrastructure and […][...]
12 Va. companies join VEDP’s export trade program
The Virginia Economic Development Partnership (VEDP) announced Wednesday that 12 companies were accepted into its two-year Virginia Leaders in Export Trade (VALET) program, which helps companies work on international exporting growth strategies. The VALET program helps Virginia companies to establish domestic operations for exports and encourages using international exporting as a growth strategy. During the […][...]
