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General Dynamics unit wins $1.25B Army contract
General Dynamics Information Technology announced last week it was awarded a $1.25 billion task order to modernize Army IT infrastructure.
Raytheon wins $5B Army contract
The U.S. Army has awarded Raytheon, a subsidiary of RTX, a roughly $5 billion contract to supply its Coyote Missile System.
White House offers funding deal to U.Va., 8 other universities
WASHINGTON (AP) — The White House is asking nine major universities, including the University of Virginia, to commit to President Donald Trump’s political priorities in exchange for more favorable access to federal money. A document sent to the universities encourages them to adopt the White House’s vision for Am[...]
Virginians wagered $510M on sports in August
Virginians bet about $510.2 million on sports in August, up 22% from 2024. It generated nearly $8.7M in taxes
Genworth subsidiary launches inaugural long-term care insurance
CareScout, a subsidiary of insurance company Genworth Financial, announced that it has launched its first long-term care insurance product.
D.C.-area leaders launch initiative to help laid-off federal workers
Talent Capital, a website launched Wednesday, aims to help laid off federal workers find jobs and keep them in the Greater Washington region.
Virginia CEO compensation continues climbing
Virginia CEOs earned an average $10.17M in 2024, with Capital One’s Richard Fairbank leading the list at nearly $30M.
Whistleblowers amend complaint against Sentara
Whistleblowers last week filed an amended complaint accusing Sentara of improperly inflating 2018–2019 insurance rates.
Reston growth equity firm closes $560M investment fund
Razor’s Edge, a Reston-based growth equity firm focused on the national security tech market, has closed a $560 million investment fund.
General Dynamics Information Technology wins $1.5B contract
General Dynamics Information Technology has been awarded a $1.5 billion contract to modernize U.S. Strategic Command’s enterprise IT systems.
Regional jet overshoots landing at Virginia airport
A commercial regional jet from Dulles overran a runway at Roanoke airport during heavy rain, but no injuries were reported, officials said.
Baldaccis pledge $13M to VCU, Library of Virginia
Virginia author David Baldacci and wife, Michelle, pledged $13M to VCU and the Library of Virginia to launch a civil discourse initiative.
