Dominion Energy’s Tom Farrell to retire from Altria board
Dominion Energy Inc. Executive Chair Thomas F. Farrell II is retiring from Altria Group Inc.’s board of directors, which he has chaired since April 2020. Farrell has served on the Henrico County-based tobacco product manufacturer’s board of directors since 2008. He will retire from the Altria board when his term ends[...]
Hampton Roads community colleges form workforce cooperative
Three Hampton Roads community colleges are forming the new Community College Workforce Cooperative to create a one-stop shop for industries seeking large-scale job training in the region. Tidewater, Thomas Nelson and Paul D. Camp community colleges, which have 10 locations across Eastern Virginia, announced the collaboration Tuesday. The CCWC, led by Executive Director Todd Estes, […]
Va. to loosen COVID restrictions April 1
Gov. Ralph Northam announced Tuesday he is “slowly and safely” lifting some COVID-19 restrictions statewide beginning April 1, including raising limits of gatherings to 30% capacity at entertainment venues. In most cases, outdoor gatherings will be limited to 100 people and indoor gatherings at 50 people, the governo[...]
BWXT subsidiary chosen to develop microreactor design for DOD
Lynchburg-based BWXT Advanced Technologies LLC is one of two companies chosen to develop a final prototype design for a transportable advanced nuclear microreactor, the U.S. Department of Defense announced Monday. Along with Maryland’s X-energy LLC, BWXT was selected from a preliminary design competition and will continue developing its design under a Strategic Capabilities Office (SCO) […][...]
Manassas IT consultant acquires N.C. tech firm
Manassas IT consulting services provider ARG Inc. has acquired North Carolina-based tech advisory firm NextWave Technology Providers, ARG announced last week. The financial terms of the deal were not disclosed. Adam Carreno, NextWave’s principal and founder, will join ARG as a principal. Before founding NextWave in 2020, Carreno was a cloud and technology specialist at […]
Va. Beach-based ADS wins $91.6M DOD contract
Virginia Beach-based Atlantic Diving Supply won a $91.6 million contract to support weapons system programs for the U.S. Air Force, Army, Marine Corps and Navy, the U.S. Department of Defense announced Friday. The equipment vendor won the contract from the DOD’s Defense Logistics Agency, which awarded ADS a $100 million, five-year contract earlier this month. […]
General Dynamics books $2.4B Navy contract to build 10th submarine
General Dynamics has been awarded a potential $2.4 billion contract option from the Navy to build a 10th Virginia-class submarine, the U.S. Department of Defense announced last week. The Fairfax-based company’s Electric Boat subsidiary in Connecticut will work with Huntington Ingalls Industries’ Newport News Shipbuilding on the project, which was added on to a December […]
COVID roundup: Nearly 25% of Virginians vaccinated; fewer restrictions expected April 1
Nearly a quarter of Virginia’s population has now been vaccinated against COVID-19, according to the Virginia Department of Health’s update Monday, March 22, and counties in the Eastern Shore, Southern Virginia and northern Shenandoah Valley have expanded vaccination to include people in group 1c. So far, 3.1 million[...]
Facebook removes Amanda Chase’s Senate page
Facebook appears to have permanently removed State Sen. Amanda Chase’s official state Senate page, according to email communications provided by the campaign. After multiple unsuccessful attempts by her campaign to get her public page reinstated as recently as last week, Chase, R-Chesterfield, said Sunday that she is consi[...]
Blackfin and GMF buy three apartment complexes for $48M
On Monday, Arlington-based Blackfin Real Estate Investors LLC and New York-based GMF Capital LLC announced they had purchased three Low Income Housing Tax Credit (LIHTC) communities from Virginia Beach’s The Franklin Johnson Group for $48 million. The apartment complexes include: Oaks at Dunlop Farms, 101 Old Oak Lane, Colonial Heights, 23834; Crescent Place, 2804 Turnpike […]
Virginia Tech joins Mid-Atlantic Quantum Alliance
Virginia Tech has joined a group of universities, government agencies and national labs in the Mid-Atlantic Quantum Alliance, the university announced this week. Led by the University of Maryland, the 24 members of MQA “are building a vibrant and diverse ecosystem designed to foster U.S. and regional leadership in the coming quantum technology revolution,” including […]
Central Virginia home lot sales surged 33% in Q4 2020
Henrico-based real estate researcher Integra Realty Resources announced this week that Central Virginia saw a surge of home activity in the fourth quarter of 2020, with lot sales increasing by 33% and permitting activity increasing by 39%. In this time frame, 1,430 building permits were issued for construction and 1,432 vacant lots were sold. Integra […]