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GO Virginia funds $9M in workforce development, economic recovery grants
The Growth and Opportunity for Virginia (GO Virginia) state economic development initiative has allocated grants totaling more than $9 million for workforce development and assisting communities with economic recovery, Virginia Gov. Ralph Northam announced Tuesday. A $7.8 million allocation will support 11 regional projects and two statewide projects aimed at workforce development initiatives. Another allocation […][...]
Reston telemedicine company goes public
Reston-based telemedicine technology provider SOC Telemed on Monday opened at $10 per share on the Nasdaq stock exchange. The company announced its public offering on Friday following its merger with Healthcare Merger Corp. (HCMC), a special purpose acquisition company. Merger transaction details were not disclosed. “Today marks an important milestone for SOC Telemed in our […]
HII lands $284.2M in contract modifications on USS JFK
The U.S. Navy awarded Newport News-based Huntington Ingalls Industries (HII) $284.2 million in contract modifications to deliver the Ford-class aircraft carrier USS John F. Kennedy (CVN 79) to the branch, the U.S. Department of Defense announced Monday. The delivery will be done in one phase. The Navy decided to change the two-p[...]
Securitas Critical Infrastructure Services Inc. rebrands as Paragon
Herndon-based Securitas Critical Infrastructure Services Inc. (SCIS) announced late last week it has rebranded under its subsidiary Paragon Systems Inc.’s (Paragon) name. The rebranding will include a new company image, website and brand implementation. It will become fully effective Jan. 1, 2021. “In working with our board over the past year, we have made significant […]
Six SWVA projects receive ARC funding
More than $3.9 million in funding will go toward recovery health programs, broadband infrastructure expansion, workforce development, natural gas line improvements and rural tourism and job growth efforts in Southwest Virginia, Gov. Ralph Northam announced Monday. The funding will be disbursed through six Appalachian Regional Commission’s (ARC) Partnership for Opportunity and Workforce and Economic Revitalization […][...]
COVID-19 on rise in Va., as nation sees cases surge
Virginia recorded an increase of 9,143 COVID-19 cases and 77 deaths last week, according to Virginia Department of Health statistics reported Monday, Nov. 2. The state’s positivity rate climbed from 5% to 5.8%. Virginia’s case numbers are relatively low compared to other states, which have seen positivity rates zoom far above 10% in recent weeks. […]
Short Pump retail center sells for $10.8M
A strip shopping center next to Short Pump Town Center in Henrico County sold for $10.8 million, Richmond-based Motleys Asset Disposition Group announced last Wednesday. The 82,000-square-foot shopping center is located at 11736 W. Broad St. and is known as Parc Place at Short Pump. Its anchor tenant is PetSmart and other occupa[...]
General Dynamics IT lands $4.4B GSA contract
The U.S. General Services Administration (GSA) and U.S. Department of Defense announced Friday they have re-awarded the approximate $4.4 billion, 10-year Defense Enterprise Office Solutions (DEOS) contract to CSRA Inc., which is now a part of Falls Church-based General Dynamics Information Technology Inc. (CSRA became a part of GDIT in 2018.) Under the DEOS contract, […]
Virginia Values Veterans program hits 67K hires
Gov. Ralph Northam announced Friday that the Virginia Values Veterans (V3) program surpassed its goal to reach 65,000 Virginia military veteran hires by the end of his administration. As of Friday, more than 67,000 Virginia military veterans have been hired through the program since its 2012 inception. Administered by the Department of Veterans Services (DVS), […]
Industrial building in Chesterfield County sells for $1.3M
An industrial building in Chesterfield County sold for $1.3 million, Cushman & Wakefield | Thalhimer announced Wednesday. The 20,000-square-foot property sits on 7 acres at 13600 Permilla Springs Drive, which is approximately 1.5 miles from John Tyler Community College. 13600 Permilla Springs LLC purchased the property fro[...]
Virginia voters, legislators split on redistricting amendment
RICHMOND, Va. — Before Kelly Herring voted in the presidential election, she was undecided on a key vote, and it wasn’t who she was going to elect for president. Herring wasn’t sure how to vote on a Virginia constitutional amendment that will change the process of redrawing congressional and state legislative d[...]
Former Boy Scouts campground in Middlesex County sells for $3.5M
A former Boy Scouts of America campground in Middlesex County has sold for $3.5 million, Glen Allen-based commercial real estate company Commonwealth Commercial Partners LLC announced Wednesday. The 306-acre Bayport Scout Camp located at 623 Bayport Road was sold by Phoenix Property Holdings LLC to MHC RV LLC in a transaction th[...]
