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OBXtek Inc. wins $44.2M State Dept. contract
McLean-based information technology government contractor OBXtek Inc. was awarded a five-year, $44.2 million contract from the Department of State to support the Bureau of Diplomatic Security’s Technical Security Engineering (TSE) Division, OBXtek announced Wednesday. OBXtek will provide program management, operational support and administrative support, as well as developing training analysis and manage training programs. The [&hel[...]
SAIC to raise $400M to finance Unisys Federal acquisition
Reston-based federal contractor Science Applications International Corp. (SAIC) will raise $400 million to finance its $1.2 billion acquisition of Reston-based Unisys Federal, the company announced Wednesday. SAIC will launch an offering of senior notes due in 2028 and will use the proceeds, cash on its balance sheet, borrowings under its credit facility and proceeds from […]
Owens & Minor names new board member
Mechanicsville-based Fortune 500 medical supply distribution company Owens & Minor Inc. has appointed retired U.S. Army Lt. Gen. Gwendolyn “Gwen” Bingham to its board of directors, effective March 5. Bingham is a retired three-star U.S. Army lieutenant general and most recently was the Department of the Army’s assi[...]
MBA Consulting Services names COO
Chantilly-based management consulting firm MBA Consulting Services Inc. on Monday named Mark Colturi as chief operating officer. Colturi was most recently the executive vice president of Sevatec Inc., but served as principal of Booz Allen Hamilton for 25 years until 2012. He has approximately 35 years of experience total having [...]
Former Colortree factory to be taken over by new company
Tulsa, Oklahoma-based marketing conglomerate Moore DM Group will invest $31 million in reopening the Henrico County printing plant formerly operated by Colortree Group Inc., which abruptly went out of business in June, leaving 240 employees out of work. The new plant will be run as Richmond Print Group, a subsidiary of Moore DM [...]
HHHunt names new COO
Blacksburg-based real estate company HHHunt Corp. promoted Stephen Fritz to chief operating officer, the company announced Tuesday. Fritz was most recently senior vice president of HHHunt and president of HHHunt Homes. As COO, he will serve on the company’s executive committee. He will be based in the Richmond and Raleigh offi[...]
VCU College of Humanities and Sciences appoints dean
Jennifer Malat will be dean of the Virginia Commonwealth University College of Humanities and Sciences effective July 1, the university announced Tuesday. Malat is currently the divisional dean for social sciences at the University of Cincinnati (UC) College of Arts and Sciences and oversees academic affairs, faculty affairs and[...]
Park West office building in Va. Beach sells for $6.75M
A three-story office building in Virginia Beach sold for $6.75 million, real estate company Colliers International announced Tuesday. The 66,062-square-foot building developed in 1989 is located at 2877 Guardian Lane was sold by Park West Owner LLC to Guardian Lane West LLC. The property is located less than a mile from Intersta[...]
Roanoke office park sells for $3.2M
The Northpark Business Center in Roanoke County sold for $3.2 million on Feb. 17, Roanoke-based Waldvogel Commercial Properties Inc. announced this week. The 34,318-square-foot office park is located at 6701-6711 Peters Creek Road and was sold by Mechanical Development Co. Inc. The property consists of two single-story buildings that were more than 50% occupied at […]
VCU Honors College names new dean
Virginia Commonwealth University has tapped Scott C. Breuninger as dean of its honors college, VCU announced Friday. Breuninger starts on July 1. Breuninger currently works with the University of South Dakota (USD) as the director of its honors program and as an associate professor of history. He has been with USD since 2011 and[...]
Bedford shopping center sells for $8.4M
A shopping center in Bedford has sold for $8.4 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Monday. Bedford Plaza is a 112,649-square-foot retail center that has tenants including Dollar Tree, Goodwill, Tractor Supply, Virginia ABC, the Virginia Department of Motor Vehicles, among restaurants [...]
Dominion, Savion close solar power purchase deal
Kansas City-based solar and energy storage development company Savion LLC has finalized a 20-megawatt (MW) power purchase agreement with Richmond-based Dominion Energy Virginia Inc. for the $30 million Westmoreland County Solar project, the company announced Thursday. Construction is expected to begin this spring and commercial operation is targeted to begin at the end of 2020. […]
