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Jan 23, 2025

Accenture Federal Services wins $3.5B DOE contract

The Department of Energy awarded Accenture Federal Services, an Arlington County federal contractor, a $3.5 billion, single-award, blanket purchase agreement to provide information technology services to the agency on Friday, just prior to the Trump administration’s return to the White House. The CIO Business Operations Su[...]

Flags fly in front of a multi-story building with a glass facade.
Jan 17, 2025

Press Glass shifts N.C. operations to Henry County

Press Glass, a fabricator of flat glass for the commercial construction industry, is shuttering its Stoneville, North Carolina, operation and moving toward fabricating and delivering all products from its operation in Ridgeway, where the company has produced glass since 2020. Of 178 workers at the North Carolina plant, 110 are t[...]

Jan 16, 2025

Microporous secures $100M federal grant toward $1.3B Pittsylvania plant

Microporous, the Tennessee company planning to invest $1.3 billion to build a battery separator manufacturing facility in Pittsylvania County, has been formally awarded $100 million from the U.S. Department of Energy, part of which will go toward the new plant. The company was among seven businesses chosen in November 2023 to re[...]

Jan 15, 2025

Japanese manufacturer set to close Chesapeake plant

Nitto, a Japanese developer of technology and manufacturer of products for automotive, aerospace and other industries, plans to close its Chesapeake plant by September, laying off 86 workers. The company notified the state of the closure Jan. 8 in compliance with the Worker Adjustment and Retraining Notification Act. The Nitto p[...]

Jan 14, 2025

Fed approves Atlantic Union-Sandy Spring bank acquisition

Richmond-based Atlantic Union Bank is one step closer to completing its $1.6 billion purchase of Maryland’s Sandy Spring Bank. The Federal Reserve Bank of Richmond, acting on delegated authority from the Board of Governors of the Federal Reserve System, has approved the merger, the parent companies of the two banks announc[...]

Richmond Mayor Danny Avula hosts a news conference Jan. 9, 2025, to deliver updates on the city's water outage.
Jan 9, 2025

Richmond starts water testing, but city remains under boil water advisory

On Thursday, Richmond Mayor Danny Avula said that water levels have risen across the city to the point that authorities have started testing samples for contamination and most buildings in the city have at least some running water, four days after the city’s water treatment plant failed following a winter storm. A Jan. 6 p[...]

Jan 7, 2025

ICF acquires tech, advisory services company

Reston-headquartered consulting and tech services provider ICF has acquired New York-based tech and advisory services company Applied Energy Group from Ameresco, it announced Tuesday. Financial details of the transaction were not disclosed. Massachusetts-based energy efficiency and renewable energy company Ameresco acquired Appl[...]

Jan 6, 2025

Booz Allen to pay $15.8M fine to settle fraud allegations

Booz Allen Hamilton, the McLean-based Fortune 500 global management consultant, has agreed to pay a $15.875 million fine to the federal government to settle allegations that one of its subsidiaries violated the False Claims Act, the Department of Justice announced Jan. 3. According to the DOJ’s statement, two former progra[...]

Jan 2, 2025

Buc-ee’s estimates first Va. location to open in June

Leave it to beaver — the behatted mascot of mega-travel center chain Buc-ee’s, that is. Texas-based Buc-ee’s projects it will open its first travel center in Virginia — its 74,000-square-foot Rockingham County location — on June 30, although the opening date is not set in stone, Buc-ee’s Media Coordinator[...]

Two hands hold a phone with a sports betting app on the screen. A laptop keyboard shows in the background.
Jan 2, 2025

Virginians bet almost $761M on sports in Nov. 2024

Virginians bet more than $760.96 million on sports in November 2024, 19.1% more than they bet in November 2023, according to Virginia Lottery data released Tuesday. Virginia bettors won more than $674.6 million in November. About $756.76 million of November’s gross sports gaming revenues came from mobile operators, with th[...]

Jan 1, 2025

Providers, nonprofits, colleges battle health care labor crisis

Many people may be aware by now that the United States is battling a shortage of nurses and physicians, but what’s received significantly less attention is that numerous other health care occupations — from home health aides to medical laboratory technicians to physical therapists — also are facing a short supply of wo[...]

Dec 27, 2024

U.S. Army awards RTX’s Raytheon $946M contract modification

The U.S. Army has awarded Raytheon, a subsidiary of Arlington County Fortune 500 aerospace and defense contractor RTX, a contract modification worth about $946.47 million for production hardware, software and services related to the Patriot air defense system, the U.S. Department of Defense announced Monday. The U.S. Army Contra[...]

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