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Oct 14, 2020

BAE Systems launches cyberthreat protection suite for military vehicles, systems

Arlington-based defense contractor BAE Systems Inc. (the U.S. subsidiary of United Kingdom-based BAE Systems plc) announced Tuesday it has launched a new cyberthreat detection and mitigation product suite to help military customers protect vehicles and systems from cyberthreats. The Fox Shield suite is designed to help platforms detect, respond to and recover from cyberattacks and […]

Oct 14, 2020

Va. hotel revenues continue to suffer

Virginia hotels continue to see significant revenue declines compared to pre-pandemic times, according to data from STR Inc., a CoStar Group division that provides weekly market data on the U.S. hospitality industry. For the week of Oct. 4 through Oct. 10, hotel revenues in Virginia were down 46% and rooms sold were down 29% compared […]

Oct 14, 2020

Va. Supreme Court denies Roanoke courts’ plan to resume jury trials

The Virginia Supreme Court has rejected a plan by Roanoke Valley’s courts to resume jury trials during the pandemic. Chief Judge David Carson of the 23rd Judicial Circuit of Virginia, which includes Roanoke, Roanoke County and Salem courts, said during an Oct. 13 Roanoke Bar Association Meeting that the Virginia Supreme Court rejected the proposal […]

Oct 14, 2020

Dulles software company to buy Texas-based firm

Dulles-based software company Unanet announced Wednesday it will acquire Austin, Texas-based customer relationship management software company Cosential. Terms of the transaction were not disclosed.  Unanet provides project management software, timesheet software, expense reporting software and other human resources software to federal government contractors, architects and engineers (A/E). Cosential provides software used for business[...]

Oct 14, 2020

Reston contractor wins $59M USDA task order

The U.S. Department of Agriculture (USDA) awarded Reston-based AceInfo Solutions LLC (AceInfo) a $59 million task order to develop crop insurance software platforms, the company announced Wednesday.  Under the task order from the USDA’s Farm Production and Conservation (FPAC) Risk Management Agency (RMA), AceInfo (a Dovel Technologies subsidiary) will provide software development services to create […][...]

Photo courtesy Loudoun Economic Development
Oct 14, 2020

Loudoun County Farm Fall Tour launches online Oct. 27

Loudoun County’s 25th annual Farm Fall Tour will launch online on Saturday, Oct. 27, to connect farmers with consumers for the harvest season. This year, 25 farms will be featured on the virtual farm tour. “This initiative follows a successful virtual Spring Farm Tour, which connected thousands of people from 16 countries wi[...]

Dominion Energy completed construction on two massive wind turbines 27 miles off the coast of Virginia Beach in June 2020. (Photo by Beth Cooper)
Oct 14, 2020

Dominion offshore wind turbines complete reliability testing

Richmond-based Dominion Energy Inc. announced Wednesday that its two turbine, 12-megawatt, $300 million Coastal Virginia Offshore Wind (CVOW) pilot project, located 27 miles off the Virginia Beach coastline, has successfully completed reliability testing. Dominion, the first U.S. electric utility company to install an offshore w[...]

Oct 13, 2020

Reston-based NII Holdings Inc. to dissolve

Reston-based NII Holdings Inc. announced last week it has filed a petition in a Delaware court to dissolve the company 10 months after it divested its one remaining operating unit, which sold wireless communication services under the Nextel brand to América Móvil. On Dec. 18, 2019, NII Holdings closed the $948.5 million sale of its […]

Virginia State Capitol. Courtesy Virginia Department of Historic Resources.
Oct 13, 2020

Delegate plans to reintroduce quarantine pay bill next session

RICHMOND, Va. — Del. Elizabeth Guzmán, D-Woodbridge, said she is no stranger to the struggles of low-paying jobs. Guzmán said she immigrated to the United States from Peru as a single mother and worked multiple minimum wage jobs just to be able to pay rent and care for her daughter. Guzmán has a mission to […]

Photo courtesy Newmark Knight Frank
Oct 13, 2020

Falls Church office building sells for $87.5M

An office building in Falls Church sold for $87.5 million, commercial real estate advisory firm Newmark Knight Frank (NKF) announced Tuesday.  Located at 3170 and 3180 Fairview Park Drive, the 284,333-square-foot property is 98% leased, with tenants including General Dynamics Information Technology, Capital Caring Health, Sheet[...]

Oct 13, 2020

VCU study: Labor market continues slow recovery

The labor market continued to recover during the week ending Oct. 3, but at a slower pace than the start of the recovery, according to a report released Tuesday from economists at Virginia Commonwealth University and Arizona State University. “The latest results show that, since April, employment has recovered two-thirds of the way back to […]

Oct 13, 2020

Dominion, Appalachian Power team up to expand energy storage

Virginia electric utility giants Appalachian Power and Dominion Energy Inc. announced Tuesday a public-private partnership with InvestSWVA that aims to expand renewable energy storage technology and attract industry prospects in Southwest Virginia.  “With the greater proliferation of renewables, energy storage expansion will be a vital component in providing stability to our grid and support our […][...]

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