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Feb 16, 2021

Va. joint venture lands $1B Dept. of Energy contract

The Office of Environmental Management (EM) awarded Herndon-based joint venture SRS Critical Infrastructure Security LLC (SCIS) a 10-year, potential $1 billion contract to provide security services, the Department of Energy announced Friday. The goal of the contract is to provide security for special nuclear materials under the Safeguards and Security (S&S) program. SCIS includes Securitas […][...]

Feb 16, 2021

Serco. Inc. to acquire Reston contractor for $295M

Herndon-based tech company Serco Inc. (a subsidiary of United Kingdom-based Serco Group plc) announced Tuesday it will acquire Reston-based H.I.G. Capital affiliate Whitney, Bradley & Brown for $295 million. The acquisition, which is expected to close during the second quarter of 2021,will increase Serco’s program management services for the Department of Defense, according to a […]

Feb 15, 2021

Northam announces $730.2M state revenue forecast increase

Gov. Ralph Northam’s revised budget released Monday shows that the commonwealth expects a $730.2 million increase in this year’s revenues forecast over December 2020, from $46 billion to more than $46.7 billion during the next two years. “These revised budget numbers tell us that Virginia’s economy continues to thrive, in spite of the pandemic,” Northam […]

Feb 15, 2021

Appalachian Power issues RFP for solar, wind projects

Appalachian Power Co. on Monday issued a request for proposals (RFPs) for up to 300 megawatts of solar and/or wind generation resources.  This is the first in a string of RFPs that the company will issue this year to comply with the Virginia Clean Economy Act, which requires that the company achieve 100% carbon-free energy […]

Feb 15, 2021

Va. State Senate seeks dismissal of Chase civil rights suit

In a response to state Sen. Amanda Chase’s lawsuit claiming her civil rights were violated by her political censure last month, attorneys representing the Virginia State Senate and its clerk filed documents Monday seeking the suit’s dismissal under sovereign and legislative immunity protection of the defendants. Chase’s attorney, Tim Anderson of Virginia Beach, filed suit […][...]

Rendering of JW Marriott hotel courtesy Comstock
Feb 11, 2021

Virginia’s first JW Marriott hotel coming to Reston

Virginia’s first JW Marriott hotel is coming to Reston, Comstock Holdings Cos. Inc. said Thursday in an announcement about the forthcoming $250 million luxury hotel.  CRS Hotel LC, one of Comstock’s managed companies, has entered a franchise agreement with Marriott International for the project, which will be part of Re[...]

Feb 11, 2021

Leidos lands $162M FTC contract

The Federal Trade Commission (FTC) awarded Reston-based Fortune 500 government contractor Leidos Holdings Inc. a $162 million contract to work on the commission’s Sentinel Network Services (SNS) program. Under the contract, Leidos will work on gathering complaints and providing information for consumers while offering protection services. The work is being done for the commission’s Bureau […][...]

Feb 11, 2021

Va. General Fund revenue dropped 2.4% in January

Virginia’s General Fund revenue for January 2021 decreased 2.4% compared with January 2020, Gov. Ralph Northam announced Thursday. Total revenue collections rose 6% through January on a fiscal year-to-date basis, which was well ahead of the 1.2% growth forecast.  “As we work to put this pandemic behind us, we must stay focused on positioning our […]

Feb 11, 2021

NYC-based software company acquires Arlington Salesforce developer

New York City-based software company Togetherwork announced Wednesday it has acquired Arlington-based Salesforce developer Fonteva. Financial terms of the transaction were not disclosed.  Under the acquisition, Fonteva will operate as a business unit within Togetherwork and be led by Fonteva Chief Revenue Officer Pat McGlynn, who has been named president of Fonteva. The majority of […]

Feb 11, 2021

Bon Secours, Sentara join 12 health care organizations forming data company

Bon Secours and Sentara Healthcare announced Thursday they have joined a group of 12 additional health care providers to form a new company, Truveta, which will offer data insights for patient care. Spurred by the rapid research needed to combat the COVID-19 pandemic, Truveta will create a new data platform using artificial intelligence and machine […]

Feb 11, 2021

Chesapeake Economic Development offers extra $1M for small businesses

Through the Chesapeake Economic Development department’s latest $1 million round of COVID-19 grants, small businesses can receive up to $10,000 for reimbursable business expenses related to the pandemic, such as rent, payroll and operating costs. This marks the department’s third round of Small Business COVID-19 Recovery Grant program funding. So far, the department has disbursed […]

Sentara Princess Anne Hospital. Photo courtesy Sentara
Feb 11, 2021

12 Va. hospitals rank among top in the nation

Healthgrades released its 2021 list recognizing the top 250 hospitals in the United States, and 12 Virginia hospitals made the cut — with two breaking the top 100. The 12 Virginia hospitals are among the top 5% of the nation’s hospitals in terms of rankings. The only Virginia hospitals to earn a spot in the top […]

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