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Codan to acquire Herndon-based Domo Tactical Communications
Codan Ltd., an Australian manufacturer with its U.S. headquarters in Ashburn, has entered into an agreement to acquire 100% of the shares in Herndon-based Domo Tactical Communications from a private equity company. Subject to regulatory conditions typical of transactions of this nature, the acquisition is expected to be completed by April 30, Codan announced Tuesday. […]
Leidos to buy Arlington-based Gibbs & Cox for $380M
Reston-based Fortune 500 government contractor Leidos Holdings Inc. has agreed to acquire Arlington engineering and design firm Gibbs & Cox Inc. in a $380 million cash transaction as part of its efforts to expand into the maritime market and add engineering talent to its team. Leidos expects the deal to be completed in the second […]
COVID restrictions to be loosened Monday; more vaccine sites coming soon
As more pharmacies across the state receive vaccine doses from the federal government and the number of COVID-19 cases declines, Gov. Ralph Northam said Wednesday he will roll back certain restrictions beginning Monday. Starting March 1, alcohol sales will be allowed in restaurants up to midnight instead of 10 p.m. Curfews will [...]
UPDATED: Golden Nugget, Wind Creek enter proposals to build Richmond casino
Updated 3 p.m., Feb. 24 Joining at least four other groups competing to be chosen as Richmond’s choice for a casino operator, bids from two other casino companies were made public Wednesday. Houston-based Golden Nugget Hotels & Casinos has proposed a $400 million casino project about six miles from downtown, and Wind C[...]
CGI Inc. awarded $137M contract to overhaul Va. procurement system
Global IT company CGI Inc., which has its U.S. headquarters in Fairfax, announced Tuesday it has been awarded a $137.8 million contract by the Virginia Department of General Services (DGS) to support “transformational enhancements” to the state government’s eVA online procurement system. eVA provides a centralized, online purchasing hub for state and local agencies to […]
HRBT tunnel boring machine’s name will be ‘Mary’
Chosen from several entries submitted by Hampton Roads area middle school students, the massive underwater tunnel boring machine (TBM) that arrives later this year to dig new tunnels for the $3.8 billion Hampton Roads Bridge-Tunnel expansion project will be named Mary, in honor of Mary Winston Jackson, a NASA scientist depicted [...]
Parsons wins $600M USPS contract
Centreville-based Parsons Corp. has secured a potential seven-year, $600 million contract for nationwide program management services for the U.S. Postal Service. The contract is Parsons’ third consecutive award from USPS and extends a 17-year business relationship between the two entities. Previously, Parsons helped the agency install self-service kiosks, renovate parking structures and manage leased spaces […][...]
ManTech names VP of mission/enterprise IT
Herndon-based technology contractor ManTech announced Monday it has recruited Steven Oh as vice president of mission/enterprise IT for the company’s newly formed Innovation and Capabilities Office. An IT, information security and project management professional, Oh will lead the technical focus area responsible for advancing M[...]
Mary Baldwin names interim provost/chief academic officer
Tynisha Willingham, dean of Mary Baldwin University’s College of Education, has been named the Staunton school’s interim provost and chief academic officer. She replaces Ty Buckman, who joined the Foundation of the Institute for Advanced Studies in Culture as its executive vice president this month. “I am delighted[...]
Arlington-based Leonardo DRS considering IPO
The Italian federal defense contractor Leonardo, the parent company of Arlington-based Leonardo DRS, is considering holding an initial public offering (IPO) of the U.S. subsidiary. In a Feb. 19 statement the company said it “is evaluating the possibility of proceeding with the listing of Leonardo DRS,” but that a formal decision has not yet been […]
Textiles startup opening Buchanan County sewing factory
Local textiles manufacturing startup Maine Five is opening a sewing factory at Buchanan County’s Council Industrial Park building. Investing $350,000 in the 17,211-square-foot factory space, the company is immediately hiring 12 workers and has plans to employ to 100 total workers by 2026. Founded in 2020, Maine Five manufa[...]
UPDATED: Richmond now has six major casino proposals
Updated Feb. 26 The city of Richmond is now considering six casino proposals, the mayor’s office announced Friday. Monday afternoon was the city’s deadline for its request for proposals, and all six submitted were deemed eligible. Starting next month, Richmond will hold public meetings with opportunities for citizen [...]
