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BWXT promotes chief strategy officer to CFO
Robb A. LeMasters will be promoted to senior vice president and chief financial officer of Lynchburg-based nuclear components and fuel supplier BWX Technologies Inc. (BWXT) on Nov. 15. “We are extremely fortunate to have someone internal to BWXT who is fully prepared to assume the role of CFO,” BWXT President and CEO Rex Gev[...]
Rush Street Gaming announces Portsmouth casino general manager
Chicago-based developer and gaming operator Rush Street Gaming announced Monday that it has named Roy Corby as the general manager for the upcoming $300 million Rivers Casino Portsmouth. “We’re excited to expand our Rivers Casino family of market-leading destination casinos and to help launch Virginia’s new casino industry[...]
Operation Next expands to Hampton Roads
Operation Next, a federally backed advanced manufacturing workforce development program for military veterans and their spouses, has expanded to Hampton Roads. The Maritime Base Industrial Ecosystem (MIBE) will recruit service members and their spouses to enroll in the program and will guide them to attain portable and nationall[...]
Huntington Ingalls Industries names president of cyber warfare group
Newport News-based Fortune 500 military shipbuilder Huntington Ingalls Industries (HII) named Grant Hagen president of its technical solutions division’s Cyber and Electronic Warfare business group, it announced Monday. “I’m confident in Grant’s vision to successfully lead our Cyber and EW team. With his exceptional expe[...]
Northam, state officials make European trade trip
Before handing over the keys to the Executive Mansion to Gov.-elect Glenn Youngkin, Virginia Gov. Ralph Northam is skipping town for one last overseas business trip. Northam is leading an international trade and marketing mission to Belgium, Spain and Germany this week with a delegation including Chief of Staff Clark Mercer, Sec[...]
Falwell revives Liberty defamation suit, wants personal items returned
Former Liberty University President and Chancellor Jerry Falwell Jr. has revived his defamation lawsuit against the Lynchburg-based private Christian university that is suing him for $10 million, according to court documents filed in late October. Falwell also seeks the return of personal property he says is being held by the un[...]
Accenture Federal Services wins Greater Washington Government Contractor of the Year
The Northern Virginia Chamber of Commerce and Professional Services Council named Arlington-based Accenture Federal Services (AFS) the 2021 Greater Washington Government Contractor of the Year in the over $300 million category during their award ceremony last week. “I accept this honor on behalf of the 12,500 people who every [...]
MicroStrategy bought $420M more bitcoin in Q3
MicroStrategy Inc. purchased nearly 9,000 additional bitcoins in the third quarter for almost $420 million, according to a quarterly report the Tysons-based business software company filed with the U.S. Securities and Exchange Commission on Oct. 28. As of Sept. 30, MicroStrategy’s holds a total of 114,042 bitcoins, valued at $7.5 billion based on a price […]
Norfolk’s World Trade Center trades hands
The World Trade Center in Norfolk has sold for an undisclosed sum, Colliers announced Monday. On July 1, the property’s assessed value was nearly $51.27 million. Norfolk-based real estate investment and management firm Harbor Group International LLC, which acquired the property in 2008 for $54 million, has sold it to a private[...]
Great Outdoor Provision Co. to expand flagship store in C-ville
Raleigh, North Carolina-based retailer Great Outdoor Provision Co. is opening an expanded flagship store in August 2022 in Charlottesville. The independently owned retailer, which sells outdoor clothing and recreational gear such as camping equipment and kayaks, will more than double that space of its Barracks Road location, growing from 9,641 square feet to 20,358 square […]
Va. Beach flex buildings sell for $7.3M
Two multitenant flex buildings in Virginia Beach sold for $7.3 million, Colliers announced Friday. Parkway 3 and 4, at 2679 International Parkway in Lynnhaven, were built in 1984 on a 4.39-acre site and have a total of 64,109 square feet of space. Pat Mugler, Ricky Anderson and Michael Ettel with Colliers Virginia represented th[...]
GTT Communications files for Chapter 11 bankruptcy
McLean-based telecommunications company GTT Communications Inc. announced this week that the company and some subsidiaries had filed prepackaged Chapter 11 cases. The close of GTT’s estimated $2.15 billion sale of its infrastructure division to Miami-based I Squared Capital on Sept. 16 allowed GTT to move forward on its bankruptcy cases, which it and some subsidiaries […]
