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Inova Fairfax Hospital retains No.1 state ranking
For the second year in a row, Inova Fairfax Hospital in Falls Church has been named the best hospital in Virginia on U.S. News and World Report’s annual list of the best hospitals in the nation, which was released Tuesday. The Inova Health System’s hospital also ranked as the top hospital in the Washington, D.C., [&h[...]
Bowman Consulting acquires California firm
Reston-based engineering services firm Bowman Consulting Group has acquired San Diego-based Project Design Consultants, the company recently announced. Founded in 1976, PDC has 65 employees and provides civil engineering, surveying, planning and landscape architecture to clients in Southern California. “PDC presents a compelling opportunity for Bowman to advance our market expansion and service diversification initiatives,” [&hellip[...]
Acuity International receives $127M Air Force contract
Reston-based Acuity International LLC has received a $127 million Air Force contract to provide base operational and security support for Iraq’s F-16 program, the Department of Defense announced Friday. Under the contract, work will be performed at Iraq’s Martyr Brigadier General Ali Flaih Air Base and is expected to be completed by Jan. 30, 2023. […]
Arko Corp. buys Quarles Petroleum
Richmond-based Fortune 500 convenience retail holding company Arko Corp. has acquired Fredericksburg-based Quarles Petroleum for $170 million, Arko announced Monday. Arko Corp. debuted this year on the Fortune 500 list at No. 498 and is the parent company of Richmond-based GPM Investments LLC, one of the nation’s largest convenience store chains. Quarles Petroleum is one […]
Lumos plans Hampton Roads fiber internet expansion
Lumos announced last week an $83 million ultra-high-speed fiber internet expansion that is expected to extend 100-gigabyte capacity over 760 miles in Hampton Roads, affecting as many as 85,000 residents and businesses across Virginia Beach, Chesapeake and Portsmouth by 2025. According to a news release, construction is expected [...]
PAE aviation division receives $136.5M Air Force contract
Arlington-based PAE Aviation and Technical Services LLC has received a $136.5 million contract to provide aerial target operations and maintenance for the Air Force, the Pentagon announced Thursday. Under the contract, PAE will conduct lethality testing of major weapons systems and munitions programs at Tyndall Air Force Base in[...]
Va. housing market sees sharp drop in sales
The housing market is cooling off, compared to a year ago. Home sales in Virginia dropped by nearly 19% in June, compared to sales in June 2021, the sharpest drop in the housing market since the beginning of the pandemic, Virginia Realtors reported Friday. In June, 13,324 homes were sold in Virginia, which is 3,208 fewer [&hell[...]
HawkEye 360 opens satellite manufacturing center
Herndon-based HawkEye 360 Inc. has opened a new facility to boost production of its satellites. The 19,000-square-foot center will also allow the company to streamline satellite integration, accelerate introduction of new capabilities and provide stronger security, allowing it to meet defense and intelligence customer requiremen[...]
Alexandria bank buys building, brings employees together
Burke & Herbert Bank & Trust Co. has acquired a $22 million office building in Alexandria to bring many of its employees together under one roof. The Alexandria-based bank announced July 11 that it had bought the 110,047-square-foot office building at 5680 King Centre Drive. The seller was not disclosed. The bank will br[...]
Capital Square acquires The Trails at Short Pump
Henrico County-based real estate investment firm Capital Square has acquired The Trails at Short Pump, a 350-unit apartment community in western Henrico, the company announced Tuesday. Located at 3900 Acadia Lane, the nearly 32-acre property offers one-, two- and three-bedroom units averaging 878 square feet each. The acquisitio[...]
Youngkin names director of rail, public transit agency
Gov. Glenn Youngkin has appointed Jennifer DeBruhl to lead the Virginia Department of Rail and Public Transportation permanently. She has been leading the agency on an interim basis since March. DeBruhl, who succeeds former DRPT director Jennifer Mitchell, is on the Commonwealth Transportation Board, serves as chair of the Virgi[...]
Dollar Tree names new CIO amid C-suite shift
Chesapeake-based Fortune 500 discount retailer Dollar Tree on Thursday announced that it has hired Bobby Aflatooni, executive vice president and chief information officer for real estate developer The Howard Hughes Corp., as its CIO. The hire comes less than a month after Dollar Tree Stores, Inc., which also owns the Family Doll[...]
