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Jan 14, 2021

Northam warns extremists with “ill intent” to avoid Richmond

Speaking at a news conference Thursday, Virginia Gov. Ralph Northam issued a warning to anyone “with ill intent in your heart” to abandon their plans to come to Richmond as part of an armed protest of the state legislature. The governor said the state government is prepared for security concerns around the General Assembly’s annual […]

Initial unemployment insurance claimants by county and city weeks ending Jan. 9 over Jan. 2 change. Green shows a decrease, yellow shows an increase of 0 to 50 claimants and red shows an increase of 51 to 691 claimants. Graphic courtesy Virginia Employment Commission
Jan 14, 2021

Va. sees highest number of initial jobless claims since July 2020

Last week, more than 28,000 Virginians filed initial unemployment claims — a 44.5% jump from the previous week. This is the greatest number of initial claims reported since July 2020. During the week ending Jan. 9, 28,227 Virginians filed initial claims, which was an increase of 8,697 from the previous week. This could in part[...]

Jan 14, 2021

Two Va. contractors win spots on $150M Navy BPA

Arlington-based Leonardo DRS’ Laurel Technologies business and Data Link Solutions, a joint venture between Falls Church-based BAE Systems Inc. and Charlotte, North Carolina-based Collins Aerospace, earned spots on a $150 million Navy blanket purchase agreement. The companies will each manufacture up to 150 electronic equipment cabinets for the Navy and provide logistics, test and program […][...]

Jan 14, 2021

Prince George County contractor lands $807M GSA task order

The General Services Administration awarded Prince George County-based tech contractor NCI Information Systems Inc. an $807 million task order to work on the administration’s IT strategy, the company announced Thursday. This marks NCI’s largest award in its 31-year history. Under the task order awarded by the GSA’s Federal Systems Integration and Management Center (FEDSIM), NCI […][...]

Jan 13, 2021

CareerGig buys Charlottesville SaaS company

Arlington-based CareerGig announced Wednesday it has acquired Charlottesville-based software-as-a-service (SaaS) platform Moonlighting. Financial terms of the acquisition were not disclosed.  CareerGig is also an SaaS platform that matches freelance and contract workers with employers and offers an insurance marketplace for health, life and disability insurance. Users also have access to education and training opportunities, financial [...]

Jan 13, 2021

The Hilb Group acquires N.C.-based insurance agency

Henrico County-based insurance company The Hilb Group LLC announced Tuesday it has acquired Maiden, North Carolina-based insurance agency Dwayne Wilson Insurance & Financial Services Inc., effective Dec. 31. Financial details of the acquisition were not disclosed. Founded in 1985, DWI is a full-service life and health agency. It provides insurance products to employer groups and […]

Jan 13, 2021

10 Va. companies join VEDP’s export trade program

The Virginia Economic Development Partnership (VEDP) announced Wednesday that 10 new companies have been accepted into its two-year Virginia Leaders in Export Trade (VALET) program, which helps companies work on international exporting growth strategies. The VALET program helps Virginia companies to establish domestic operations for exports and encourages using international exporting as a growth strategy. […][...]

Jan 13, 2021

Va. General Fund revenue increased 15.1% in December 2020

Virginia’s General Fund revenue for December 2020 increased 15.1% compared with December 2019, Gov. Ralph Northam announced Wednesday. Total revenue collections rose 7.8% through December on a fiscal year-to-date basis, which was well ahead of the 1.2% growth forecast. The increase was driven by growth in payroll withholding, corporate income tax, sales and use taxes, […]

Jan 13, 2021

Northrop Grumman wins $325M Air Force contract

The U.S. Air Force awarded Falls Church-based Northrop Grumman Corp. a $325 million contract to support the Joint Surveillance Target Attack Radar System (Joint STARS). The contract goes toward work on the Total System Support Responsibility (TSSR) program, which will provide program management, engineering technical support, aircrew and maintenance training, supply chain and spares management, […][...]

Jan 13, 2021

Accenture Federal Services wins $50M U.S. Patent, Trademark Office contract

Arlington-based Accenture Federal Services (AFS) announced Wednesday it has been awarded a $50 million U.S. Patent and Trademark Office (USPTO) contract to work on the agency’s financial management systems for the Office of the Chief Financial Officer (OCFO). Under the five-year contract, AFS will provide program management, operations and maintenance services to modernize USPTO’s Information […][...]

Rendering of first Innovation Campus academic building, where the center will be located. Courtesy Virginia Tech
Jan 13, 2021

Virginia Tech receives $10M gift for AI center, other programs

With a $10 million gift from Mehul Sanghani, CEO of Reston-based Octo Consulting Group, and his wife, Hema, Virginia Tech has renamed its Center for Artificial Intelligence and Data Analytics in the couple’s honor. The Sanghani Center will move its headquarters to Virginia Tech’s $1 billion Innovation Campus, which w[...]

Jan 12, 2021

Md. tech company acquires Fairfax analytics firm

Maryland-based tech company Smartronix LLC announced Monday it has acquired Fairfax-based analytics company Datastrong. Financial terms of the acquisition were not disclosed. Smartronix LLC provides cloud, C5ISR, advanced engineering and IT services, while Datastrong specializes in data architecture, design and business analytics for government and commercial clients. “Our acquisition of Datastrong represents an important step [&helli[...]

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