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Northrop Grumman to sell IT, mission support biz for $3.4B
Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. announced late Monday that it will sell its federal IT and mission support services business for $3.4 billion in cash to Herndon-based national security contractor Peraton, a Veritas Capital affiliate. This year, the Northrop Grumman business unit is expected to generate approximately $2.3 billion […]
FDA authorizes sale of Altria’s IQOS 3 device
The third generation of Altria Group Inc.’s IQOS tobacco heating system device has been authorized for sale in the United States by the U.S. Food and Drug Administration, the Henrico County-based company announced Monday. After receiving an application from Philip Morris International, the FDA ruled that IQOS 3 can be sold[...]
Two Va. companies win spots on $211M Navy contract
The U.S. Navy awarded Arlington-based defense contractor Leonardo DRS Inc. and Virginia Beach-based VT Group positions on a five-year, $211.6 million contract to help the branch sustain its technical insertion equipment, the Department of Defense announced Friday. Under the contract, the two companies will produce, assemble and test Technical Insertion 2016 spare equipment, perform technical […][...]
Dewberry to provide advanced mapping of Alaska
Fairfax-based engineering consulting firm Dewberry announced Friday it has won a U.S. Geological Survey (USGS) task order to complete updated hydrography (maps of bodies of water) for the National Hydrography Dataset (NHD) for approximately 9,880 square miles in northern Alaska. An amount for the task order was not disclosed. From 2010 to 2020, Dewberry mapped […]
Accenture Federal Services secures blanket purchase agreement with U.S. courts
The Administrative Office of the United States Courts (AOUSC) awarded Arlington-based Accenture Federal Services (AFS) a five-year blanket purchase agreement to modernize the client case-management system of the U.S. Probation and Pretrial Services (PPS) system, the company announced Monday. PPS works to carry out probation and pretrial service functions in U.S. district courts. Under the […][...]
The Martin Agency wins Adweek’s U.S. agency of the year
Richmond-based advertising firm The Martin Agency was named Adweek’s 2020 U.S. agency of the year, the publication announced Monday. The firm won the Old Navy ad account in February, adding the clothing retailer to a roster of clients that includes GEICO, UPS, Ritz, Oreo and Buffalo Wild Wings. In 2020, Martin posted $22 m[...]
Ten Va. companies make 2021 Forbes list of top tax, accounting firms
Ten Virginia-based companies made Forbes’ top tax and accounting firms list for 2021. Of 450 companies across the nation, 250 companies were awarded the America’s Best Tax Firm 2021 title and 200 companies were awarded the America’s Best Accounting Firm 2021 title. Tax and account professionals and their clients were surveyed between August and September. […]
Shenandoah University announces partnership with esports league
Shenandoah University announced Monday that it has entered into a partnership with the Washington Justice, a professional Overwatch League, for internships and learning opportunities for students. This marks the first partnership between a university and a professional Overwatch League team (esports). The Washington Justice re[...]
Va. COVID-19 rate now exceeds 10%
Virginia’s coronavirus rates continue to rise, with 21,035 new cases and 146 deaths in the past week, according to the Virginia Department of Health’s Dec. 7 update. As of Dec. 3, the state’s seven-day positivity rate was at 10.8%, a jump of more than 3% over the previous week. In parts of Southwest Virginia, p[...]
Auto component supplier announces $4.6M Strasburg expansion
Automotive components and systems supplier International Automotive Components Group (IAC Group) will invest $4.6 million to expand its Strasburg operations and add auto component lines and products to its existing facility, creating 47 jobs, Gov. Ralph Northam announced Monday. Headquartered in Luxembourg, IAC Group is a supplier of instrument panels, console systems, door panels, headliners […][...]
Chesterfield industrial building sells for $2.77M
An industrial building in Chesterfield County sold for $2.77 million, Cushman & Wakefield | Thalhimer announced last week. Located at 8801-8899 Whitepine Road, the 28,600-square-foot Adbel Business Village sits on 4.1 acres. SMW Warehouses LLC purchased the property from Harrison & Hine LLC as an investment. Constructe[...]
Va. expects 480,000 COVID vaccine doses by end of December
Virginia expects to receive 480,000 COVID-19 vaccine doses from Pfizer and Moderna by the end of December through the federal government’s Operation Warp Speed program, the Virginia Department of Health announced Friday, based on new information available. Gov. Ralph Northam said Wednesday that the state expected only 70,0[...]
