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Mar 2, 2021

Alion wins $89M Air Force task order

The U.S. Air Force awarded McLean-based defense contractor Alion Science and Technology Corp. an $89 million task order to provide engineering, research and development and test and evaluation services, the company announced Friday. Under the task order, Alion will focus on software and data integration, coordination, knowledge management and information sharing of systems and subsystems […][...]

Mar 2, 2021

Atlantic Diving Supply awarded $100M federal contract

Virginia Beach-based equipment vendor Atlantic Diving Supply (ADS) been awarded a five-year, $100 million contract from the Defense Logistics Agency (DLA) to deliver patient monitoring technology, associated accessories and training support to military and federal civilian customers. DLA selected ADS from 54 bids the agency received for the firm-fixed-price, indefinite-delivery/indefinite-quantity contract, the U.S. Department of [&hell[...]

Mar 2, 2021

Kansas engineering firm acquires Va. Beach geotech company

On Tuesday, Kansas-based consulting engineering firm Terracon Consultants Inc. announced that it had purchased GET Solutions Inc. for an undisclosed amount. GET is a geotechnical, environmental and materials testing firm serving public- and private-sector clients throughout the mid-Atlantic. In addition to its Virginia Beach headquarters, GET has another Virginia office in Williamsburg and North Carolina […][...]

Mar 2, 2021

Alexandria-based VSE Corp. buys biz unit from N.C. company

Alexandria distribution and maintenance provider VSE Corp. has purchased North Carolina-based HAECO Americas’ special services business, which provides maintenance, repair and overhaul support for government and military aircraft platforms The financial terms of the deal were not disclosed. HAECO Special Services helps maintain the U.S. Air Force’s KC-10 aircraft as a subcontractor under a U.S. […][...]

Mar 2, 2021

Vienna, Arlington government contractors merge

Vienna-based government contractor The Ambit Group and Arlington-based IT company GreenZone Solutions Inc. have merged. Financial terms of the transaction were not disclosed. The combined company will operate under the Ambit brand. Founded in 2004, Ambit provides mission-driven services for government customers, while GreenZone specializes in data management, operations, science and analytics. Under the merger, […][...]

Mar 2, 2021

San Francisco space data firm to merge with Reston SPAC to go public

San Francisco-based space-based data and analytics firm Spire Global Inc. announced Monday it will merge with Reston-based special purpose acquisition company NavSight Holdings Inc. to become a public company. Financial terms of the transaction were not disclosed, but it values the combined company at $1.6 billion and is expected to produce $475 million in gross […]

Mar 2, 2021

Tysons analytics firm Qomplx plans to go public

Tysons-based risk analytics firm Qomplx Inc. announced Monday its plan to go public through a merger agreement with Tailwind Acquisition Corp., a special purpose acquisition company backed by Philip Krim, co-founder and CEO of online mattress retailer Casper Sleep Inc.  The deal values Qomplx, which will be listed on the New York Stock Exchange under […]

Will Payne, director of InvestSWVA and managing partner of Coalfield Strategie, says Southwest Virginia’s solar and geothermal assets make it a good fit for data centers.
Mar 2, 2021

SW Va. aims to attract data centers via regional tax pact

As part of an effort to entice data centers to locate in the region, Southwest Virginia leaders announced Tuesday a joint agreement to set what will be Virginia’s lowest regional property tax rate on data center equipment. The localities comprising the Lonesome Pine Regional Industrial Facilities Authority — Dickenson, Lee, [...]

Rendering of the proposed VCU Health Systems complex in Richmond's Navy Hill area
Mar 1, 2021

Richmond council clears way for $325M VCU Health project

Richmond City Council approved the sale of the city’s Public Safety Building on Monday, clearing the way for a $325 million VCU Health System medical office tower and multi-use project downtown. Council members unanimously approved the 3-acre property’s $3.5 million sale to Capital City Partners LLC, a collaboration [...]

Compostable takeout containers are one of many options food vendors have to put their food in. House Bill 1902 bans food vendors from using plastic foam containers. Photo by David Tran
Mar 1, 2021

Virginia restaurants grapple with plastic foam container ban

RICHMOND, Va. — From vermicelli bowls to crispy chicken, Pho Luca’s, a Vietnamese-owned Richmond restaurant, uses plastic foam containers to package takeout meals. That may soon change after the General Assembly recently passed a bill banning such packaging. After negotiations on a Senate amendment, the House agreed in a[...]

Mar 1, 2021

Lawmakers pass COVID-19 workers’ comp bills

RICHMOND, Va. — The Virginia General Assembly passed multiple bills allowing health care workers and first responders to receive workers’ compensation benefits if they are disabled or die due to COVID-19. “We did it!” Del. Chris Hurst, D-Blacksburg, said in a Twitter post. “Health care heroes who got COVID on the job will get the […]

Mar 1, 2021

Huntington Ingalls wins $213.9M Navy contract

The U.S. Navy awarded Newport News-based Huntington Ingalls Industries a $213.9 million follow-on contract to perform engineering services for San Antonio-class amphibious transport docks, the U.S. Department of Defense announced Friday. Under the contract, HII’s Ingalls Shipbuilding division in Pascagoula, Mississippi, will help the Navy manage engineering changes, integrate systems and provide shipboard technology training. [&hellip[...]

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