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Arlington tech company wins $1.5B contract
Arlington-based federal technology contractor CACI International Inc. announced Thursday it has won a $1.5 billion contract to provide networking and cybersecurity services for the National Geospatial-Intelligence Agency (NGA). “This record award demonstrates CACI is delivering on its strategy to win larger, more enduring contracts,” CACI President and CEO John Mengucci said in a statement. “It […][...]
Leidos lands contract worth $401M
Reston-based federal contractor Leidos announced Thursday it has won a contract worth $401 million, if all options are exercised, to provide information technology operations and maintenance support to the Defense Intelligence Agency (DIA). “This award is a true testament to our strong capabilities and proven performance working with the Department of Defense and Intelligence Community,” […][...]
Dominion commits $5M to social justice nonprofits, businesses
As protests over the killing of George Floyd by a police officer in Minneapolis have spread into a nationwide movement against systemic racism and injustice, the Dominion Energy Charitable Foundation announced Thursday that it will donate $5 million to nonprofits and minority-owned and small businesses within Dominion Energy Inc.’s 20-state footprint. Of the $5 million […]
Suburban businesses board up windows amid protest climate
As rumors — some false — circulated on social media that heated racial-justice protests like those seen in Richmond might turn to the suburbs, several businesses in suburban Henrico and Chesterfield counties boarded up store windows out of apparent concern for potential looting and vandalism that didn’t materialize. Fl[...]
Nearly 400K Virginians remain unemployed
Nearly 400,000 Virginians are still unemployed following the economic fallout from the COVID-19 pandemic, though the number of initial jobless claims in the commonwealth continues to decrease. About 31,000 Virginians filed initial claims for unemployment last week, down from roughly 49,000 the prior week, according to the Virgi[...]
PeakLogix to be acquired by Michigan company
Chesterfield County-based PeakLogix, a national material handling systems integrator, has entered into a definitive agreement to be acquired by Michigan-based Alta Equipment Group Inc. Terms of the acquisition were not disclosed. Located in Midlothian, PeakLogix specializes in the design and installation of warehouse automation and storage systems. The company generated approximately $25 million in revenue […][...]
Hotels saw 66% revenue drop in late May compared to 2019
Suffering the economic impacts of the coronavirus pandemic, Virginia hotels saw revenues drop 66% for the last week in May compared to the same time a year ago, according to findings released Wednesday by Old Dominion University’s Dragas Center for Economic Analysis and Policy. Rooms sold were also down by 50% and the average daily […]
Private equity firm to acquire Herndon tech company
Herndon-based tech company Exostar LLC announced Tuesday it will be acquired by private equity firm Thoma Bravo LLC. The transaction amount was not disclosed. Exostar is a cloud-based platform that allows companies to securely share information and operate with security compliance. The platform is used by more than 135,000 aerospace and defense organizations across 150 […]
Governor declares state of emergency over protests
Following nights of heated and violent nationwide protests in response to the police killing of George Floyd in Minneapolis, Gov. Ralph Northam has declared a state of emergency and activated the state National Guard to assist local law enforcement in quelling “escalating violence across the commonwealth.” “Thi[...]
Va. COVID-19 cases pass 42,000 on Friday
Virginia has 42,533 confirmed and probable COVID-19 cases statewide Friday, an increase of 1,132 cases since Thursday. There are 1,358 deaths related to the coronavirus, 20 more than Thursday, and the Virginia Hospital & Healthcare Association reports that 1,524 people with positive and pending test results are currently hos[...]
Mask mandate is a ‘personal responsibility,’ Northam counsel says
As Virginia’s mask mandate goes into effect Friday, both Gov. Ralph Northam and Rita Davis, counsel to the governor, told residents Thursday that it’s their personal responsibility to wear a mask in businesses and other enclosed public places. Davis clarified the enforcement process of Executive Order 63, which re[...]
Nation reaches 100,000 virus deaths; 1,338 in Virginia
As the nation passed 100,000 COVID-19 deaths Wednesday, the Virginia Department of Health recorded 1,338 virus-related deaths in the state Thursday, an increase of 57 over the past 24 hours. VDH also reported 41,401 confirmed and probable COVID-19 cases Thursday, an increase of 1,152 cases since Wednesday. According to the Virgi[...]
