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Harrisonburg aerospace startup plans to add 51 jobs
Harrisonburg-based AeroNimble will invest more than $2.5 million to expand its operations and create 51 jobs.
CarMax posts quarterly loss on goodwill charge, weak used-car demand
CarMax posted a quarterly loss due to a $141.3 million goodwill charge and declining used-car margins amid soft demand and rising gasoline prices.
Former General Motors CEO to be VCU’s commencement speaker
Former General Motors CEO and Chairman Rick Wagoner will be the keynote speaker at VCU’s commencement ceremony.
CACI International lands $287M Army contract
Reston-based government contractor CACI International won a seven-year U.S. Army technology contract valued at up to $287 million.
LMI secures $100M Space Force contract
LMI has been awarded a $100 million contract by the U.S. Space Force to help it better manage and support its equipment.
Northrop Grumman requests environmental permit for Waynesboro facility
Northrop Grumman submitted an environmental permit application for its new Waynesboro manufacturing facility, aiming to comply with Virginia DEQ air quality regulations.
Booz Allen acquires Pa. cybersecurity company
McLean-based government contractor Booz Allen Hamilton on Tuesday announced it had acquired Pennsylvania cybersecurity company Defy Security.
Packaging Corp. of America to lay off 110 tied to Richmond facility
Packaging Corp. of America plans to close its Richmond facility, resulting in 110 layoffs.
Federal judge finds Nexus Services owners in contempt over sale
Federal judge Elizabeth K. Dillon finds Nexus Services owners in contempt for violating injunction with business sale in Virginia following $811 million judgment.
In DuPont Aramids unit sale, 975 jobs in Chesterfield shift employers
DuPont completed the $1.8 billion sale of its Aramids business to Arclin, transferring about 1,000 jobs at the Chesterfield Spruance facility.
More data centers equal more electricity demand
Virginia's data centers, the largest concentration globally, are causing a surge in electricity demand, challenging Dominion Energy's supply capabilities.
Virginia’s private colleges seek increased state tuition aid
Virginia private colleges increase donor scholarships and state grants to support students facing federal Pell grant and loan funding cuts in 2024.
