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May 21, 2020

Virginia sees one-day spike of 1,229 new COVID-19 cases

As coronavirus cases topped 5 million worldwide, Virginia saw a one-day jump of 1,229 new coronavirus cases, bringing Thursday’s statewide total of confirmed and probably COVID-19 cases to 34,137, according to the latest figures from the Virginia Department of Health (VDH). There have been 1,099 deaths from coronavirus acr[...]

May 20, 2020

Va. approaches 33,000 COVID-19 cases

The state has 32,908 cases of COVID-19, the Virginia Department of Health reported Wednesday, an increase of 753 confirmed and probable cases since Tuesday. The number of deaths is now 1,074, up 33 in the past 24 hours, and 3,979 people are hospitalized with the virus statewide, VDH said. In Wednesday’s data, 210,965 PCR ([...]

May 19, 2020

Falls Church health IT company acquires Vienna tech firm

Falls Church-based health information technology company Cognosante LLC has acquired Vienna-based tech company Enterprise Information Services LLC (EIS).  Financial terms of the transaction were not disclosed. Cognosante plans to use the acquisition to expand its federal contracting market. “EIS’ proven success in enterprise services, biometrics and cybersecurity provides expanded capabilities to offer to our existing […[...]

May 19, 2020

Goldman Sachs to acquire McLean financial firm

McLean-based online financial services company Folio Financial Inc. announced Tuesday it will be acquired by New York City-based The Goldman Sachs Group Inc. Both companies provide investment management, asset management and brokerage services. Financial terms of the transaction were not disclosed.  Acquisition discussions began in 2019, and the transaction is expected to close by the […]

May 19, 2020

Booz Allen wins $800M AI defense contract

Tysons-based federal contractor Booz Allen Hamilton announced Tuesday it has won an $800 million, five-year contract from the U.S. General Services Administration to create artificial intelligence products for warfighting operations supporting the Department of Defense’s Joint Warfighter National Mission Initiative. Booz Allen will embed AI decision-making and analysis at all tiers of DoD operations. As […][...]

A. Benjamin Spencer. Photo courtesy William & Mary Law School
May 19, 2020

William & Mary Law School names new dean

The William & Mary Law School announced Monday that A. Benjamin Spencer will become its next dean, effective July 1. Spencer will also serve as a Chancellor Professor of Law. Spencer succeeds Davison M. Douglas, who has served as dean for more than 10 years. Douglas will return to the school’s faculty after Spencer tak[...]

May 19, 2020

Port expansion project nears finish line

The Port of Virginia announced Monday that the final group of stacking cranes needed to complete the $375 million crane addition portion of expansions at both the Norfolk International Terminals and Virginia International Gateway arrived May 14. The offloading process began the next day, Friday, May 15, and continued through the[...]

May 19, 2020

Virginia Port Authority CEO retiring next March

John F. Reinhart, CEO and executive director of the Virginia Port Authority, which oversees the Port of Virginia, announced at a board meeting Tuesday that he plans to retire in March 2021. “A lot of thought went into this decision, but when I consider the growth and maturity of this organization and the level of […]

May 19, 2020

Va. Beach military contractor announces $4M expansion

Virginia Beach-based military-industrial contractor SJS Executives LLC announced Tuesday it has received a $125,000 grant from the Virginia Beach Development Authority that will be used toward workspace and workforce expansion, as part of its Economic Development Investment Program (EDIP). As part of its expansion, the company plans to make a total of $4 million in […]

Dr. Eric Edwards
May 19, 2020

Trump administration chooses RVA pharma startup for $354M COVID-19 contract

Richmond-based drug manufacturing company Phlow Corp., which incorporated this year, announced Tuesday that the Trump administration has awarded it a $354 million, four-year contract to manufacture in the U.S. generic medicines and pharmaceutical ingredients needed to treat COVID-19, creating an American supply chain for medical[...]

May 19, 2020

Va. sees 1,005 new COVID-19 cases in last 24 hours

While much of Virginia continues Phase One of Gov. Ralph Northam’s Forward Virginia reopening plan, Virginia reported a spike of 1,005 new COVID-19 cases Tuesday — the second time since Saturday that the commonwealth saw the daily number of confirmed and probable new coronavirus cases rise above 1,000. The state now has [...]

May 18, 2020

McAuliffe joins advisory board of Herndon’s HawkEye 360

Herndon-based satellite company HawkEye 360 Inc. announced Monday that former Virginia Gov. Terry McAuliffe and former National Security Agency Deputy Director Chris Inglis have joined its advisory board. The company also announced earlier this month that David Farnsworth was named its chief financial officer.  “HawkEye 360 i[...]

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