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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 […][...]
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 […]
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 […]
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 […]
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 […]
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 […]
Initial jobless claims dropped 21.9% last week, but remain elevated
Initial jobless claims filed last week dropped 21.9% from the previous week, but still remain high compared with pre-pandemic levels, according to figures released Thursday by the Virginia Employment Commission. During the week ending Feb. 6, 14,203 Virginians filed initial unemployment claims, compared to 18,177 from the week p[...]
Sentara Norfolk General Hospital names new president
Norfolk-based Sentara Healthcare announced Wednesday it has hired Liisa Ortegon as the new president of Sentara Norfolk General Hospital, one of the state’s largest hospitals. She replaces Carolyn Carpenter, who left to join Johns Hopkins Health System as its capital region president. Ortegon most recently served as senior vic[...]
Startup PPE manufacturer settles in Harrisonburg
Startup manufacturing company Valley Guard Supply LLC will invest $1 million to establish a personal protective equipment manufacturing facility in Harrisonburg, creating 45 jobs, Gov. Ralph Northam announced Wednesday. The service-disabled, veteran-owned company produces three-ply disposable masks and plans to produce other safety and security gear, according to Northam’s statement. “Domestic manufacturers of personal protective [&[...]
Perspecta wins $201.5M defense contract
The Defense Information Systems Agency awarded Chantilly-based federal contractor Perspecta Inc. a $201.5 million contract to provide content delivery services, the Department of Defense announced Tuesday. Under the contract, Perspecta will perform work at government data centers both in the United States and worldwide. The Defense Information Technology Contracting Organization received four offers for the […][...]
Va. bank is first to allow customers to buy, redeem bitcoin at ATMs
With cryptocurrency use on the rise, customers of Charlottesville-based Blue Ridge Bankshares Inc., the parent holding company of Blue Ridge Bank, will now be able to purchase and redeem bitcoin at its ATMs, making them the nation’s first commercial bank to do so, the company announced Wednesday. Blue Ridge Bank cardholde[...]
Four community banks launch $1M minority business fund
The Bank of Clarke County announced Tuesday the launch of the Banking on Diversity initiative, a minority business funding program backed by Bank of Clarke County, BCT-Bank of Charles Town, The Fauquier Bank and First Bank. The four community banks have collectively committed up to $1 million in interest-free loans to help start[...]
