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Hotel revenues down 27% for January
Virginia hotel revenues for January 2021 were down 27% compared with January 2020, continuing the industry’s slow climb back to recovering from the economic impact of the coronavirus pandemic, according to data released Thursday from STR Inc., a CoStar Group division that provides market data on the U.S. hospitality industry. For the same period, rooms […]
Va. GOP to hold May 8 “drive-in” convention, possibly in Lynchburg
After months of discussion and indecision, the Republican Party of Virginia’s State Central Committee elected Tuesday night to hold a May 8 “drive-in” convention — possibly around Liberty University in Lynchburg — to choose its 2021 statewide nominees for governor, attorney general and lieutenant governor. The state GOP committee conducted a three-hour, occasionally contentious public […][...]
MicroStrategy buys $1B+ in bitcoin
Tysons-based business software company MicroStrategy Inc. announced Wednesday that it has purchased $1.026 billion of additional bitcoin, its largest single bitcoin purchase since it began acquiring the cryptocurrency last August. With this latest transaction, MicroStrategy’s total bitcoin holdings are worth approximately [...]
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 advanci[...]
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[...]
