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Leidos wins $600M contract to support Army Geospatial Center
Jul 30, 2024

Leidos wins $823M task order

The U.S. Defense Information Systems Agency (DISA) has awarded Leidos an $823 million task order to provide operations and sustainment for the Department of Defense Network program (DoDNet), the Reston-based Fortune 500 federal contractor announced Monday. In 2022, DISA, which provides information technology and communications s[...]

A man wears a blazer and tie.
Jul 30, 2024

Leidos names first chief AI officer

Leidos has named Ron Keesing its first chief AI officer, the Reston Fortune 500 contractor announced Tuesday.  Keesing, who joined Leidos in 2004, has more than two decades of experience in artificial intelligence, machine learning and advanced analytics. His roles have included serving as founding director of the Leidos AI Acc[...]

Photo of a mansion and pool.
Jul 30, 2024

Former Northrop Grumman CEO’s mansion sells for $9.95M

Former Northrop Grumman Chairman and CEO Wes Bush and his wife, Natalie, sold their McLean mansion June 28 for $9.95 million, according to Fairfax County records. Steven A. Sigsbury, an attorney with the Cochran Law Group in Tysons, is listed as the buyer of 903 Turkey Run Road and Baldy’s Bait and Tackle Trust is [&hellip[...]

Jul 29, 2024

Raytheon gets $325M boost to StormBreaker contract

The U.S. Department of Defense has increased the ceiling of an existing U.S. Air Force contract held by Arlington County’s Raytheon, a subsidiary of Fortune 500 defense contractor RTX, by $325 million, the Department of Defense announced Friday.  The contract, under which Raytheon is producing StormBreaker Increment II small-diameter glide bombs for fighter jets, has been […]

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Jul 29, 2024

Herndon’s Akima wins $480M Space Force contract

The U.S. Department of Defense has awarded Five Rivers Analytics, a subsidiary of Herndon-based government contractor Akima, an indefinite-delivery, indefinite-quantity contract worth up to $480 million over 10 years, Akima announced last week. Based in Colorado, Five Rivers Analytics provides classified IT and mission support s[...]

Education
Jul 26, 2024

Liberty, Falwell Jr. reach global settlement

Liberty University and Jerry Falwell Jr. have reached a global resolution agreement that settles all three lawsuits between the Lynchburg private Christian university and Falwell, Liberty’s former president and chancellor who was forced to resign in 2020 in disgrace. In a joint statement released Friday afternoon, Liberty [...]

Va. gets initial approval for $1.48B to increase broadband
Jul 26, 2024

Va. gets initial approval for $1.48B to increase broadband

The U.S. Department of Commerce’s National Telecommunications and Information Administration (NTIA) has approved Virginia’s initial proposal for the Broadband Equity, Access, and Deployment (BEAD) program, according to a NTIA dashboard that tracks proposals.  This approval means Virginia can now request access to $1[...]

Catch a wave
Jul 26, 2024

Virginia Beach economic development director resigns

Charles E. “Chuck” Rigney resigned Wednesday from his post as Virginia Beach’s economic development director, city spokesperson Ali Weatherton-Shook confirmed Friday, following a report by The Virginian-Pilot.  Rigney had held the position officially for six months after serving as interim director for about eight mon[...]

Diamond District rendering. Courtesy City of Richmond
Jul 24, 2024

Connecticut firm sues former Diamond District partners for $40M

A Connecticut-based developer, Republic Projects, has filed a $40 million lawsuit against its former partners in Richmond’s $2.44 billion Diamond District project, a city-backed mixed-use development that includes a replacement for the 40-year-old Diamond baseball stadium. Republic Projects, the plaintiff in the lawsuit fi[...]

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Jul 24, 2024

Batten donates $100M to expand W&M marine, coastal research

Jane Batten, the matriarch of a Hampton Roads family known for its philanthropy, has pledged $100 million to William & Mary to boost coastal and marine science research towards finding global solutions for flooding and sea-level rise, the Williamsburg university announced Wednesday. The newly named Batten School of Coastal &[...]

A man wearing a blue blazer smiles at the camera.
Jul 23, 2024

Accenture Federal taps next CEO, as Goodman steps down

Starting Sept. 1, Ron Ash will take the wheel as CEO at Arlington County’s Accenture Federal Services, the federal contractor offering IT services announced Tuesday. He will also become chair of AFS’ board of managers.  Ash will succeed John Goodman, who is stepping down as CEO and chair at the end of August and wil[...]

Aerial view of property noting U.S. 29 and a building site.
Jul 19, 2024

Campbell County moves forward on spec industrial building

Campbell County is moving forward with plans to build a $11 million, 100,000-square-foot spec industrial building at Seneca Commerce Park in Rustburg, the county announced on Tuesday. It’s the largest project the county’s economic development department has tackled in a decade, according to a news release. The work w[...]

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