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A rendering of Dominion’s Charybdis vessel, currently under construction. Image courtesy of Dominion.
Jun 1, 2021

Dominion vessel to assist in building Northeastern offshore wind farms

Dominion Energy Inc. has reached an agreement with two companies to charter its offshore wind turbine installation vessel to assist with construction of two offshore wind farms in the Northeastern U.S. The partnership with Ørsted and Eversource was announced Tuesday and comes six months after Dominion announced construction had[...]

Jun 1, 2021

Sentara expands Healthier Communities Fund by $40M

Sentara Healthcare is allocating $40 million to expand its Healthier Communities Fund across Virginia and northeast North Carolina, with an aim to address health disparities that have been magnified by the impact of COVID-19 among underserved populations. Today’s announcement follows an initial $10 million the Norfolk-based health care system pledged in January to address health […]

Virginia Lottery logo
May 28, 2021

Virginians bet $236M on sports for April

Virginians bet $236 million on sports during April, the third full month for legal sports wagers in the commonwealth, according to data released Friday by the Virginia Lottery. Bettors made about $217 million between April 1-30. Virginians bet 22% less in April than in March when they wagered heavily on the NCAA Division I men&#[...]

Huntington Ingalls Industries’ REMUS 300 unmanned underwater vehicle. Rendering courtesy HII.
May 27, 2021

HII gets Navy order for new unmanned underwater vehicles

The U.S. Navy has ordered two of Huntington Ingalls Industries’ new unmanned underwater vehicles, the Newport News-based shipbuilding company announced this week. HII says common applications for the REMUS 300 vehicle, which became commercially available in April, include mine countermeasures, marine resource work and sea[...]

May 27, 2021

GDIT snags $219M Homeland Security contract

Falls Church-based General Dynamics Information Technology Inc. (GDIT) has won a five-year, $219 million contract with the contact center for U.S. Citizenship and Immigration Services, G2Xchange FedCiv reported this week. The contact center offers front-line support for people inquiring about immigration case status and related issues. The agency is part of the Department of Homeland Security. […][...]

May 27, 2021

Slovenian manufacturer bringing $2.6M U.S. HQ to Harrisonburg

SIBO Group, a Slovenia-based manufacturer of closure solutions for tubes, containers and other packaging systems, will invest $2.6 million to establish its U.S. corporate headquarters and a new manufacturing operation in Harrisonburg. The subsidiary will operate as SIBO USA LLC and the project will create 24 jobs. Founded in 1967, SIBO Group got its start […]

Milton V. Peterson. Photo courtesy Peterson Cos
May 26, 2021

Fairfax real estate developer Milt Peterson dies

Real estate developer Milton V. Peterson, founder and chairman of the Fairfax-based Peterson Cos., died early Wednesday at his Fairfax County home at the age of 85. Peterson was known for developing major real estate projects across the Washington, D.C., metro area, including National Harbor in Prince George’s County, Mary[...]

May 26, 2021

Aerospace engineering firm announces $2.5M expansion in Fauquier

Missile and rocket propulsion engineering firm SPARC Research is investing $2.5 million to establish a 20,000-square-foot office and manufacturing facility on 4.5 acres near its current location in Warrenton, Virginia Gov. Ralph Northam announced Wednesday. The expansion, which will increase SPARC’s engineering capabilities and establish a manufacturing facility for rocket motor components, will create 16 […][...]

May 26, 2021

Reston-based Qlarion acquired by Maryland contractor

Columbia, Maryland-based government contractor GCOM Software LLC announced Wednesday it has acquired Reston-based Qlarion Inc., a data analytics and business intelligence contractor. The purchase marks GCOM’s fifth acquisition since 2018 and its first acquisition of a data analytics company. “Liberating data will enable governments at all levels to make more informed decisions, creating better outcomes […][...]

Removing politics
May 26, 2021

Va. Finance Secretary Aubrey Layne to join Sentara

Virginia Secretary of Finance Aubrey Layne will join Norfolk-based Sentara Healthcare as the health system’s senior vice president and chief of staff, effective July 1. Layne’s responsibilities will include overseeing Sentara’s legislative affairs and corporate social responsibility teams, as well as the Sentar[...]

May 25, 2021

California manufacturer opening $9.1M facility in Fluvanna

Stewart Tool Co. Inc., a California-based prototype-to-production manufacturer, will invest $9.1 million to establish its first East Coast manufacturing operation in Fluvanna County, creating 22 jobs. The company plans to renovate the former Kloeckner Metals facility in Fluvanna’s Troy area. “We were looking for a location close to the East Coast operations of our major […]

May 25, 2021

Checkered Flag Auto Group acquires Newport News dealership

Virginia Beach-based Checkered Flag Auto Group announced Tuesday that it has purchased the Pomoco Chrysler, Dodge, Jeep, Ram, Alfa Romeo and Fiat dealership in Newport News. The acquisition is the company’s first dealership on the peninsula and its first to include U.S. automotive brands. Checkered Flag Auto Group consists of 10 other dealerships in the […]

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