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Catholic Diocese of Arlington announces new virtual school principal
The Catholic Diocese of Arlington’s Office of Catholic Schools announced Monday that Kristie Meyers has been hired as the principal of St. Isidore of Seville Catholic Virtual School, a new virtual K-8 school that opened this fall. She will start her position on Jan. 4. With more than 20 years of educational experience, M[...]
Labor market continued slow recovery in early November
The labor market continued its slow recovery during the week of Nov. 8, according to Virginia Commonwealth University and Arizona State University economists. Early November saw 69.9% of working age adults employed, which is still far below the 73.8% employment rate from February right before the pandemic, according to the Real-Time Population Survey conducted by […]
PAE completes $208M acquisition, receives $98M Air Force contract
Falls Church-based defense and government services contractor Pacific Architects and Engineers (PAE) announced Friday it has completed its $208 million cash acquisition of Burlington, Massachusetts-based Centra Technology Inc. The acquisition was first announced in late October. “The acquisition of Centra expands PAE’s addressable market into new, attractive mission-critical business areas, opening up important higher growth [&h[...]
Herndon telecom company rebrands
Herndon-based government and military communications company Klas Telecom announced Friday it is rebranding as Klas Government. Founded in 1991, Klas Government was established to connect students in remote areas using satellite technology, and later evolved to include services for government, public safety and transportation cu[...]
Virginia sees significant uptick in COVID-19 cases, deaths
As the coronavirus spreads dramatically across the nation, Virginia recorded 16,401 new COVID-19 cases and 136 deaths last week, a significant increase in both statistics compared with recent weeks. The previous week brought 11,160 new cases and 93 deaths, according to the Virginia Department of Health (VDH). Due to increased testing, though, the seven-day positivity […]
Liberty raises $2M during inaugural Giving Day campaign
Liberty University raised more than $2 million on Nov. 17 during its inaugural Giving Day, an all-day fundraising campaign for academic departments, athletics programs and student scholarships, the university announced Friday. The university raised $2.003 million from more than 6,000 donors. Funding will go toward more than 100 [...]
Georgia senator made controversial investment in Lynchburg’s BWX Technologies
U.S. Sen. David Perdue, one of Georgia’s two incumbent Republican senators who are facing a Jan. 5 election runoff that will determine the balance of power in the Senate, made profitable purchases of shares in Lynchburg-based nuclear fuel supplier BWX Technologies Inc. — the Navy‘s sole nuclear fuel provider — ju[...]
Va. Council of CEOs to expand statewide
It‘s about to get a little less lonely at the top. After 20 years of bringing together CEOs and other executive leaders from the Central Virginia region (particularly in the Richmond and Charlottesville areas), the Virginia Council of CEOs (VACEOs), a membership organization for CEOs in Virginia, recently announced plans t[...]
Calif.-based company buys Sterling apartment complex for $27.15M
An affordable housing complex for seniors in Sterling has sold for $27.15 million, Irvine, California-based Avanath Capital Management announced late last week. Avanath acquired the 150-unit Cascades Village located at 46565 Harry Byrd Highway from Community Village at Sterling LP, according to Loudoun County property records. �[...]
Vinton, Warsaw, Wytheville receive industrial revitalization funding
The towns of Vinton, Warsaw and Wytheville will receive a total of more than $1.4 million in state industrial revitalization fund (IRF) grants, Gov. Ralph Northam announced Friday. IRF funding provides gap financing for redevelopment projects that can lead to long-term employment opportunities. “This funding will not only help transform deteriorating or unused structures, it […]
Virginia Natural Gas donates $500K to Hampton University
Virginia Beach-based Virginia Natural Gas and its parent company, Southern Co., announced Thursday that the companies are donating $500,000 to Hampton University to support information technology infrastructure upgrades in light of new remote learning needs brought on by the pandemic. The funds, which are part of the Southern Co. Foundation’s $50 million HBCU (historically Black […]
Va. unemployment rate fell less than 1% between September and October
Virginia’s seasonally adjusted unemployment rate fell by less than 1% between September and October to 5.3%, according to employment statistics released Friday by the Virginia Employment Commission — but unemployment still remains 2.6% higher than the same time last year. The labor force fell by 0.4% to 4.27 million while the number of employed Virginians increased […]
