Sign In
Free Newsletter
BAE Systems appoints Gina Haspel, Air Force Gen. Stephen W. Wilson to board
Former CIA director Gina Haspel and retired U.S. Air Force Gen. Stephen W. Wilson have been appointed to Arlington-based defense contractor BAE Systems Inc.’s board of directors, the company announced Friday. Their terms will run through April 2024. “We are extremely fortunate to have Stephen and Gina join our board,” [...]
M.C. Dean wins $158M contract from U.S. Army Corps of Engineers
Tysons-based electrical engineering firm M.C. Dean Inc. won a $158.77 million contract from the U.S. Army Corps of Engineers to upgrade a controls system at Buckley Air Force Base in Colorado, the Department of Defense announced Friday. Under the fixed-price contract, M.C. Dean will upgrade and refurbish the power-generation plant and supervisory control and data […]
Peraton company wins $2B Defense Health Agency contract
Chantilly-based federal IT contractor Perspecta Enterprise Solutions LLC won a blanket purchase agreement (BPA) with a ceiling of $2 billion from the Defense Health Agency on Friday. Perspecta, which Herndon-based national security contractor Peraton Inc. acquired in May, will coordinate, integrate and manage the Defense Health Agency’s IT update and standardization for the Military Health […][...]
Prism Maritime LLC to build two Chesapeake facilities
Chesapeake-based government contractor Prism Maritime LLC will invest $4 million to construct two 12,000-square-foot facilities in Chesapeake, creating 166 jobs, Gov. Ralph Northam announced Friday. The facilities will be used for manufacturing, lab and storage space and will be located in the Greenbrier North Commerce Park. Founded in 2006, Prism Maritime provides engineering, research, development […][...]
Hampton Roads universities ink deal to establish public health school
The presidents of Old Dominion University, Norfolk State University and Eastern Virginia Medical School signed a memorandum of understanding Thursday to establish Virginia’s first school of public health. The MOU solidifies the plan announced in January to develop a regional school of public health and address health inequ[...]
Suffolk retail property sells for $4.5M
A Suffolk retail property leased to Goodwill of Central and Coastal Virginia sold for $4.5 million, Cushman & Wakefield | Thalhimer announced Thursday. Located at 2901 Godwin Blvd., the single tenant, net-leased property is 15,477 square feet. Stablewood Properties LLC purchased the property from Good Partners LLC. Clark Sim[...]
Richmond hostel sells for $1.8M
The former HI Richmond Hostel sold for $1.8 million, S.L. Nusbaum Realty Co. announced. Located at 7 N 2nd St., the 13,704-square-foot building is expected to remain a hostel. Potomac Area Hostels Inc. bought the building from American Youth Hostels Inc. Thomas Langston and David T. Kalman with S. L. Nusbaum represented the buyer.
Tyson Foods to open $300M Pittsylvania County facility
Tyson Foods Inc. will open a 325,000-square-foot, $300 million manufacturing facility in the Cane Creek Centre industrial park, creating 376 jobs, Gov. Ralph Northam announced Thursday. The new facility will primarily be used for the production of cooked foods such as Any’Tizer Snacks and chicken nuggets made by Tyson Food[...]
Trane distribution facility in Midlothian sells for $14.15M
Fairfax-based Peterson Cos., known for developing National Harbor in Maryland, closed Thursday on its $14.15 million purchase of an off-market distribution facility in Midlothian. The 83,025-square-foot facility, located at 14000 Justice Road, sits on a nine-acre parcel. It was constructed for Ingersoll Rand dba Trane Technologi[...]
Va. new jobless claims dropped 28% last week
Virginia’s initial unemployment claims fell 28% last week since the previous week and totaled almost 500 more than the claims in the same week last year, the Virginia Employment Commission reported Thursday. For the filing week ending Aug. 21, the state recorded 11,923 new jobless claims, down 4,670 from the previous week[...]
CNU poll: McAuliffe leads Youngkin by 9 points
Former Virginia Gov. Terry McAuliffe and down-ballot Democratic candidates have significant leads over GOP gubernatorial candidate Glenn Youngkin, former co-CEO of The Carlyle Group, and the state Republican ticket, according to a survey of 800 likely voters released Thursday by Christopher Newport University’s The Wason C[...]
Arlington Capital Partners acquires McLean program management company
Maryland-based private equity firm Arlington Capital Partners has signed a definitive agreement to acquire McLean-based program management company MCR LLC, it announced Tuesday. Financial details of the transaction were not disclosed. MCR’s senior management team has invested alongside Arlington Capital, according to a news release. “MCR has established itself as a preeminent provider of differentiated […][...]
