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McDermott to depart as Mary Washington Healthcare CEO
Dr. Michael McDermott, president and CEO of Fredericksburg-based Mary Washington Healthcare since 2015, will leave to become head of Montage Health in California, the health system announced Monday. Dr. Christopher Newman, MWHC’s chief operating officer and chief medical officer, will succeed McDermott starting in spring 2[...]
Navy awards RTX subsidiary $590.8M contract for electronic attack system
The Navy has awarded Raytheon, a subsidiary of Arlington County Fortune 500 aerospace and defense contractor RTX, a $590.8 million contract to produce nine Next Generation Jammer Mid-Band (NGJ-MB) ship sets for the military branch’s EA-18 Growler electronic warfare aircraft and four more sets for the Royal Australian Air Force[...]
Heard Around Virginia: December 2024
Fixify, an Arlington County-based AI-powered IT help desk solution provider founded in 2023, announced Oct. 23 that it has closed on a $25 million Series A funding round co-led by Costanoa Ventures, Decibel Partners and Paladin Capital Group with participation from Scale Venture Partners. The funds will be used to scale its workforce and accelerate […]
Maximus announces feds have backed off $6.6B contract rebid
Editor’s Note: This story has been updated to correct an error in the original version, which incorrectly stated that the contract, not the rebidding process, had been canceled. Tysons-based Maximus, a government contractor specializing in administrative support for Medicare and Medicaid, announced Tuesday that the U.S. Depart[...]
Talking turkey: Va. is nation’s sixth largest producer
As we prepare to sit down to a turkey dinner on Thanksgiving, let’s consider where those birds come from and where they’re going. Virginia raises 7.1% of all U.S. turkeys, or 15.5 million turkeys a year, according to a new study by Trace One using U.S. Department of Agriculture data. That’s 429 million pounds o[...]
GDIT wins $330M in Army training support contracts
Falls Church federal contractor General Dynamics Information Technology has won two Army contracts totaling $330 million, the General Dynamics subsidiary announced Tuesday. The Army Contracting Command – Orlando awarded the task orders to GDIT in August as part of the $975 million Mission Training Complex Capabilities Supp[...]
Unanet acquires D.C. AI firm
Dulles-based software company Unanet has acquired Washington, D.C.-based GovPro AI, Unanet announced Friday. Unanet did not disclose financial details of the transaction, which it completed in November. Unanet provides project-based enterprise resource planning and customer relationship management software solutions for governme[...]
United begins building $16M training center in Fairfax County
United Airlines has started construction on a $16 million inflight training center in Fairfax County, the county’s economic development authority announced Monday. The 20,000-square-foot facility near the airline’s hub at Washington Dulles International Airport, which straddles the Fairfax and Loudoun county lines, is expect[...]
Carolina Structural Systems to establish Greensville plant
Carolina Structural Systems, a company that manufactures custom wood trusses and other structural products, will invest $5.5 million and create an estimated 58 jobs in Greensville County, Gov. Glenn Youngkin announced Monday. Based in North Carolina, Carolina Structural Systems plans to construct a 40,000-square-foot manufacturi[...]
Va. home sales, inventory rises in October
Housing sales and inventory in Virginia rose in October, with closed sales up 12.5% from October 2023, according to Virginia Realtors data released Nov. 22. Last month, 8,732 homes sold in Virginia — 968 more than sold in October 2023. The influx of closed sales in October resulted from the jump in pending sales — […]
Virginians go for Texan vodka
Virginia is for lovers of vodka distilled from corn in Austin, Texas, apparently. For the seventh straight year, Tito’s Handmade Vodka is Virginia’s most popular spirit at Virginia Alcoholic Beverage Control Authority (ABC) stores, according to a Friday announcement. The spirit generated $75 million in sales at Virginia AB[...]
Defense/public safety tech manufacturer moving to SWVA
Wrap Technologies, an Arizona-based public safety and defense technology company, is locating its manufacturing and distribution base in Norton’s Project Intersection industrial park, Gov. Glenn Youngkin announced Friday. The company will occupy a new, 20,000-square-foot building at Project Intersection, where U.S. Route 2[...]
