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Defense contractor Leidos raises 2026 forecast on strong demand
Leidos Holdings raises its 2026 profit and revenue forecast, driven by strong demand for its military intelligence and IT services amid Pentagon stockpile efforts.
Milestone Technologies to lay off 51 in Henrico
Milestone Technologies announced last week that it plans to lay off 51 employees at White Oak Technology Park in Henrico County.
![“We have seen ... a big decline in Virginia [bar exam] test takers between 2012 and 2024, with larger declines than are consistent with the declines in enrollment,” says University of Richmond School of Law Dean Wendy Collins Perdue. Photo courtesy University of Richmond](https://virginiabusiness.com/files/1/2026/04/Perdue_Wendy-200x131.png)
Law firms, schools hope new bar exam stems Virginia talent drain
Virginia law schools face a decline in graduates taking the Virginia Bar Exam, linked to the state's delay in adopting the Uniform Bar Exam until 2028.
Charlottesville, Albemarle region prepare for biotech boost
AstraZeneca’s $4.5 billion investment in Albemarle County is set to create 600 jobs and strengthen Charlottesville’s biotech industry cluster.
Luminoah receives FDA clearance for feeding system
Charlottesville-based Luminoah has received clearance from the U.S. Food and Drug Administration for an enteral feeding system.
Loudoun eyed for $750M battery energy storage facility
Omaha-based energy company Tenaska plans to build a proposed $750 million, 425-megawatt battery energy storage project in Loudoun County.
Fortreum acquires Reston-based cybersecurity firm
Fortreum has acquired Reston-based AI compliance startup Kovr.ai, less than a year after the company emerged from stealth.
Spotsylvania Regional Medical Center invests $37M across two ERs
Spotsylvania Regional Medical Center will invest $37 million to expand emergency services with a new freestanding ER in Stafford and upgrades to its main ER.
Virginia Tech-backed energy tech hub opens in Newport News
The Secure Energy Future Center opened its first dedicated space Wednesday at Tech Center Research Park in Newport News.
BWXT to acquire heavy manufacturer for nuclear production
BWXT is acquiring Precision Components Group to boost its commercial nuclear manufacturing capacity, adding 500,000 square feet.
Raytheon wins $904.6M Army contract modification
Raytheon has been awarded a $904.6 million U.S. Army contract modification to support Lower Tier Air and Missile Defense Sensor production.
Central Garden & Pet to close Henrico facility, laying off 94
Central Garden & Pet will soon close its eastern Henrico County dog treat manufacturing facility and lay off 94 employees as it consolidates operations.
