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Leidos names new chief HR officer
Leidos has named Maureen Waterston as its new chief human resources officer, the Reston-based Fortune 500 federal contractor announced Tuesday. Waterston most recently served in the same position at Pratt & Whitney, a Connecticut-based subsidiary of Raytheon Technologies. At Leidos, Waterston will be responsible for implemen[...]
Reston-based Leidos wins $11B defense contract
Reston-based Leidos Holdings Inc. has won an $11.5 billion contract to consolidate and streamline the Department of Defense’s Fourth Estate information technology into one common network, the Pentagon announced Monday. Under the contract, Leidos is expected to modernize, transform and unify nearly two dozen defense agencie[...]
Fresh Market property in Chesterfield sells for $6.9M
The Fresh Market grocery store property in Chesterfield County near Midlothian has sold for $6.9 million, Colliers announced Monday. The 31,394-square-foot property was acquired from the California-based seller, 1200 Huguenot Road LLC, by California-based 101 North A ST LLC. It is located at the intersection of Midlothian Turnpi[...]
Camping World property in Hanover sells for $19.4M
The property where Camping World is located in Hanover County has been sold for $19.4 million, Colliers announced Monday. Camping World is at 11525 Sunshade Lane on 30.16 acres with 1,650 feet of Interstate 95 frontage, south of the town of Ashland. It serves as the company’s East Coast flagship location. EMAC LLC bought t[...]
PAE lands $111.7M contract from U.S. Army
PAE Applied Technologies LLC has been awarded a contract worth $111.7 million for the operations, maintenance and repair work at the U.S. Army Garrison Rheinland-Pfalz in Germany, the Department of Defense announced Monday. The contract includes maintenance and repair of installed building equipment, equipment-in-place, minor co[...]
Comscore CEO announces retirement
Reston-based media measurement and analytics company Comscore Inc. CEO and Executive Vice Chairman Bill Livek announced his retirement Monday. Livek will stay on until his successor is named and then transition to non-executive vice chairman, according to a news release from Comscore. He will keep his role on the board through m[...]
Rocket Lab USA picks Va. for rocket launch site and manufacturing facility
Rocket Lab USA Inc. has selected Wallops Island as the location for its launch site and a new manufacturing and assembly complex for its new Neutron rocket, Gov. Glenn Youngkin announced Monday. The move is expected to create as many as 250 jobs. Rocket Lab will launch Neutron from a new launch pad owned by […]
McLean satellite operator emerges from bankruptcy
McLean-based satellite operator Intelsat Corp. announced on Feb. 23 that it has emerged from its financial restructuring process nearly two years after filing for Chapter 11 bankruptcy. The company’s debt has been reduced from nearly $16 billion to $7 billion, according to a news release. Intelsat obtained $6.7 billion in new financing. The company has […]
Navy Federal names new chief operating officer
Vienna-based Navy Federal Credit Union has named a retired rear admiral to serve as chief operating officer. Dietrich Kuhlmann took over from former COO Debbie Calder, who has retired, effective Monday. He will oversee the credit union’s operations and its 20,000 workers in service of its members. Kuhlmann joined Navy Fede[...]
Alarm.com to expand Fairfax HQ, create 180 jobs
Alarm.com will expand its technology research and development division at its Fairfax headquarters, investing $2.6 million and creating 180 jobs, Gov. Glenn Youngkin announced Monday. The technology company already has several hundred workers in Virginia and will create additional engineering positions within its research and de[...]
‘Behind the eight ball’
David Manley had a good feeling. The site visit was going well. During their spring 2021 tour of the Progress Park industrial site in Wytheville, the leaders of a manufacturer of nitrile gloves — those blue, disposable pieces of personal protective equipment that have become ubiquitous during the pandemic — seemed intrigue[...]
The big crunch
Although the “Great Resignation” is hitting other industries harder, Virginia law firms are experiencing a tight labor market while also seeing increased demand for services. Alison McKee, a past president of the Virginia Bar Association and an attorney at Kaufman & Canoles PC in Virginia Beach, notes that “2021 was the busiest year in a […]
