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Petersburg casino bill moves to Senate committee
A Virginia State Senate bill that would allow Petersburg residents to vote on allowing a casino in their city is still in play, following a 7-2 vote by the Senate gaming subcommittee Thursday. The bill will progress to a General Laws and Technology committee vote Wednesday. The bill from Sen. Joe Morrissey, D-Richmond, adds Pete[...]
Manassas company to develop short takeoff, landing aircraft for Air Force
Manassas-based aerospace company Electra.aero Inc. has received a Strategic Funding Increase award from the U.S. Air Force’s AFWERX arm that secures up to $85 million for development of a prototype electric short takeoff and landing (eSTOL) aircraft. The award, announced Thursday, secures funding between private investment[...]
Reston contractor lands $235M extension for Iraq base support
A subsidiary of Reston-based federal contractor Acuity International LLC won a $235.6 million U.S. Air Force contract modification to provide base support and security services for the Iraq F-16 program, the Pentagon announced Wednesday. The modification adds 12 months to the previously awarded contract, bringing the cumulative value of the contract to $360.78 million. The […]
Rocket Lab launches first mission from U.S. soil
After more than a month’s delay, Rocket Lab USA’s first launch from U.S. soil at NASA’s Wallops Flight Facility in Accomack County blasted off Tuesday evening. The mission, “Virginia is for Launch Lovers,” lifted off around 6 p.m. EST from the company’s Launch Complex 2 at Virginia Space’[...]
HII names new exec VP, CIO
Newport News-based Huntington Ingalls Industries has promoted Chris Soong to executive vice president and chief information officer, the Fortune 500 federal contractor announced Tuesday. Soong’s promotion is effective April 1. He served as CIO at HII’s Mission Technologies division beginning in August 2021 and is rep[...]
Framatome CEO retiring; CFO to be promoted
Framatome Inc. President and CEO Gary Mignogna will retire July 1, and Chief Financial Officer Katherine Williams will succeed him, the Lynchburg-based nuclear reactor and fuel company announced Tuesday. Mignogna will become chairman of Framatome Inc.’s board upon his retirement. Williams, who will continue to serve as CFO[...]
Leidos wins $1.5B Social Security Administration contracts
Leidos Inc. won two Social Security Administration IT task orders with a combined potential value of $1.5 billion, the Reston-based Fortune 500 contractor announced Monday. The task orders fall under the SSA’s IT Support Services Contract II. Under the indefinite delivery, indefinite quantity task orders, Leidos will provide software systems and infrastructure support for the […]
Rivers Casino Portsmouth opens to big crowds
When Rivers Casino Portsmouth opened its doors Monday, Christopher Hoffman was among the thousands of patrons attending opening day at the first permanent casino to open in Virginia. A Hampton resident and manager at Rosie’s Gaming Emporium, Hoffman said he wanted to be “part of history” happening in the state.[...]
Navy awards Boeing subsidiary $463M contract
Fairfax-based Argon ST Inc. has received a $463 million Navy contract to procure and produce sensor components for fielding in manned and unmanned aircraft, the Pentagon announced Friday. Argon ST is a wholly owned subsidiary of Arlington-based aerospace contractor Boeing Co. Under the contract, Argon ST will procure various Multi-Intelligence Sensor Development (MISD) Sensor Suite […]
Prism Maritime receives $250M Navy contract
Chesapeake-based Prism Maritime LLC has received a contract valued up to $250.8 million to install, modify and upgrade various combat systems for the Navy, Coast Guard and for foreign militaries, according to the Pentagon. The cost-plus-fixed-fee, cost-type contract, announced Friday, will continue through October 2027 if all options are exercised. Work will be performed on […]
VersAbility Resources lands $140M Air Force contract
Hampton-based VersAbility Resources Inc. has received a $140.7 million contract to support mail and postal service center support at Air Force installations across the U.S., the Pentagon announced Friday. The firm-fixed-price, indefinitely delivery contract was a sole source acquisition and work is expected to be complete by Jan. 17, 20s3. Founded in 1953, VersAbility Resources […]
Petersburg industrial building sells for $4.6M
An industrial building in Petersburg that once served as the tri-cities headquarters for Pepsi has sold for about $4.6 million, One South Commercial announced Wednesday. An entity connected with Waukeshaw Development Inc. in Petersburg sold the 100,492-square-foot building located at 1501 W. Washington St. in Petersburg to 1501 Petersburg LLC, an entity based in McLean. […]
