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Capital One fined $80M for 2019 data breach
Federal bank regulator the Office of the Comptroller of the Currency announced Thursday it has fined McLean-based Capital One Financial Corp $80 million for what it calls unsafe and unsound information technology practices tied to computing operations in its cloud environment. Capital One is the largest bank in Virginia, according to 2019 deposits. In 2019, […]
GSA awards Reston tech company $11.8M contract
The General Services Administration (GSA) has awarded Reston-based government technology company Octo Consulting Group an $11.8 million contract to provide framework and architecture services for the GSA’s System for Award Management (SAM). Under the GSA’s CIO Modernization and Enterprise Transformation contract, Octo will provide Scaled Agile Framework (SAFe) and business and technical architecture for the […][...]
Northam launches primary care task force
As primary care physicians report that the pandemic has caused financial stress and layoffs at their practices, Gov. Ralph Northam announced Wednesday the creation of a primary care task force in partnership with the Virginia Center for Health Innovation (VCHI) and Secretary of Health and Human Resources Daniel Carey. During the pandemic, 40% of primary […]
Va. hotel revenues slowly improving
Hotel revenues in Virginia slightly improved last week, but still remain at a 46% decrease compared to the same week last year, according to new data from STR Inc., a division of CoStar Group providing market data on the U.S. hospitality industry. The week before last, STR had reported a 50% decrease in hotel revenues […]
Richmond nonprofit wins $2.99M National Science Foundation grant
The National Science Foundation (NSF) has awarded Richmond-based nonprofit CodeVA a four-year, $2.99 million project award to develop a computer science program for teaching history to underserved communities in Virginia. This is CodeVA’s first federal grant award. CodeVA was awarded the Discovery Research PreK-12 (DRK-12) program grant for its proposal “Reaching Across the Hallway: An […][...]
Hampden-Sydney College receives $6M gift
Hampden-Sydney College has received its second-largest gift in its 245-year history — a $6 million gift from Rob (an alum) and Cindy Citrone to support the college’s experiential learning program Compass. “Rob and Cindy have long been devoted champions of the college’s mission and our efforts to strengthen the experience we offer young men,” President […]
Kroger Mid-Atlantic division office to move to Henrico
Kroger Mid-Atlantic announced Tuesday it plans to relocate its division office from Roanoke to Glen Allen by the end of this year, citing population growth in the Richmond and Hampton Roads regions. “The move will establish division operations in a location that is better equipped and positioned to serve and support all markets throughout Kroger […]
Fredericksburg firm lands $55M Navy contract
The U.S. Naval Surface Warfare Center Dahlgren Division (NSWCDD) awarded a $55 million contract to Fredericksburg-based engineering and technology contractor SimVentions Inc. to provide systems engineering and software development services, the company announced Friday. Under the five-year contract, SimVentions will work on the Track Management Engineering Analysis and Support system out of the NSWCDD. The […][...]
Va. tops annual tech business rankings
Virginia topped the charts in many categories of Business Facilities’ 16th Annual State Rankings Report released last week — especially for technology. This year, Virginia was ranked No. 1 for its cybersecurity leaders, digital infrastructure and unmanned aerial systems and No. 2 for its business climate. This was the first year that the national business […]
Reston federal contractor acquires Md. IT company
Reston-based government contractor EverWatch (which operates under private investment firm Enlightenment Capital) announced Monday it has acquired Columbia, Maryland-based information technology contractor BrainTrust Holdings. A transaction amount was not disclosed, but this marks EverWatch’s seventh and largest acquisition, according to a statement from Chevy Chase, Maryland-based Enlightenment Capital, which provides financial[...]
DoD awards Fairfax company $22M Joint Staff contract
The U.S. Department of Defense awarded Fairfax-based software company Salient CRGT Inc. a $22 million contract to provide performance management initiatives and editorial support to the Joint Chiefs of Staff’s senior leadership, the company announced Monday. The five-year contract will support the Joint Staff Actions Division for Program Management, Program Planning and Execution and offer […][...]
Va. saw nation’s second-highest jobless spike last week
Coming on the heels of reports that the U.S. domestic gross product in the second quarter dropped to its lowest point since 1947, the U.S. Department of Labor reported Thursday that Virginia saw the second-highest increase in initial jobless claims in the nation last week. The Department of Labor reported Thursday morning that 46,524 Virginians […]
