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Lawmakers OK recreational marijuana, cultivation
RICHMOND, Va. — Virginia lawmakers signed off on amendments that make the possession of small amounts of recreational marijuana and homegrown plants legal in the state in July as opposed to 2024. “On July 1, 2021 dreams come true,” Marijuana Justice stated in a tweet. The group has worked to legalize the use and posses[...]
Leesburg anti-phishing tech company Cofense buys Israeli firm
Leesburg-based tech firm Cofense, which specializes in phishing detecting and response solutions, announced Wednesday that it has acquired Israel-based Cyberfish, a company that provides artificial intelligence-based technology to battle phishing emails and websites. Financial details of the transaction were not disclosed. According to a news release, Cofense plans to use the data it has gathered […][...]
Gainwell Technologies acquires health care tech company for $3.4B
Reston-based Gainwell Technologies, a six-month-old spinoff company of DXC Technology, has completed its approximately $3.4 billion acquisition of HMS Holdings, a Texas-based health care technology company, Gainwell announced April 1. The all-cash deal, announced in December 2020, was made for $37 per share. Gainwell, which has more than 7,500 employees, was created in October as […]
N.C. air purifier manufacturer will build $5.6M plant in Radford
Oransi, a Raleigh, North Carolina-based manufacturer of air purifiers, will invest $5.6 million to establish a manufacturing facility in Radford, creating 101 jobs, according to an announcement Wednesday from Virginia Gov. Ralph Northam. “Oransi is very pleased to establish its first manufacturing facility in the city of R[...]
Caliburn International will separate into two companies
Calling it a “natural progression,” Reston-based professional services company Caliburn International announced Wednesday that it will split into two companies to focus on different capabilities. The federal contractor, which has about 8,500 employees, says it expects to complete the separation by Sept. 30. It also announced shifts in leadership to oversee the new companies, Acuity […]
McLean-based DISYS to acquire Florida staffing company
McLean-based global managed services and staffing firm Digital Intelligence Systems LLC (DISYS) has signed an agreement to acquire Signature Consultants LLC, an IT staffing, consulting and managed solutions company headquartered in Fort Lauderdale, Florida, DISYS announced Wednesday. Exact financial details of the transaction were not disclosed, but the deal creates a company with 8,500 employees […][...]
Reston-based SAIC lands $4.4B in defense contracts
On the heels of an $830 million U.S. Army contract won in February, Reston-based Science Applications International Corp. (SAIC) has landed two more Army contracts worth a combined $4.4 billion, it announced today. The Fortune 500 defense contractor says both contracts will provide systems engineering services to support the U.S. Army Combat Capabilities Development Command, […]
Genworth kills long-delayed $2.7B acquisition
Henrico County-based Fortune 500 insurer Genworth Financial Inc. announced Tuesday that it has formally terminated its long-delayed $2.7 billion acquisition by China-based Oceanwide Holdings Group Co. Ltd. The news follows a Jan. 5 announcement by Genworth that it was putting a hold on the deal, first announced in 2016. At the same time, the company […]
Lynchburg’s BWXT wins $690M contract extension
The U.S. Department of Energy has awarded a contract extension to Lynchburg-based nuclear components and fuel supplier BWX Technologies Inc. (BWXT) worth up to $690 million, the company announced today. BWXT has worked with Irving, Texas-based engineering and construction firm Fluor Corp. on the project, an effort to decontaminate and decommission the former Portsmouth Gaseous […]
Carvana proceeds with $25M Chesterfield facility
After putting its plans in neutral, online used car retailer Carvana announced Tuesday that it plans to break ground this quarter on a $25 million, 191,000-square-foot vehicle inspection and reconditioning facility in Chesterfield County. The project could bring more than 400 jobs to the county, economic development officials sa[...]
Va. restaurant, hospitality industry seeks $270M+ in relief funding
Hard hit by the pandemic, Virginia’s restaurant and hospitality industry is asking the General Assembly to dedicate more than $270 million from the state’s share of federal American Rescue Plan dollars to assist hotels, restaurants and other hospitality-related industries. In a letter sent Tuesday to members of the state legislature’s money committees, the Virginia Restaurant, […][...]
Teresa Carlson leaves Amazon Web Services
Teresa Carlson, the Herndon-based executive who founded Amazon Web Services’ public sector business, is leaving Amazon.com Inc.’s cloud computing subsidiary to become president and chief growth officer of Splunk Inc., the San Francisco tech company announced today. Carlson was an influential and visible presence in t[...]
