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Leidos secures $149.2M Navy contract
The U.S. Navy awarded Reston-based Fortune 500 federal contractor Leidos Holdings Inc. a $149.2 million contract to provide services and supplies for the Naval Array Technical Support Center facility’s operations, the Department of Defense announced Thursday. The majority of the work on the contract will be performed in Newport, Rhode Island; Reston and Virginia Beach. […]
ManTech lands $260M Navy task order
The U.S. Department of Defense awarded Herndon-based ManTech, a technology contractor for U.S. defense, intelligence and federal civilian agencies, a four-year, $260 million task order to update the U.S. Navy’s mission systems for its maritime patrol and reconnaissance aircraft. Under the task order, ManTech will work to moder[...]
Northam directs $22M to future COVID vaccine program
While COVID-19 vaccines have yet to be approved in the United States, Gov. Ralph Northam announced Friday that the state government has earmarked $22 million in federal CARES Act to establish a statewide program to distribute vaccines once they’re ready. The commonwealth submitted its draft vaccination plan to the Centers for Disease Control and Prevention […]
U.Va. launches Sands Institute for Lifelong Learning
Using its largest-ever gift — a $68 million donation last year from Frank M. Sands Sr., founder of Sands Investment Group Inc. — the University of Virginia’s Darden School of Business announced Friday it has launched the Marjorie R. and Frank M. Sands Sr. Institute for Lifelong Learning. The Sands Institute for Lifelon[...]
U.Va. researcher: COVID-19 drug appears to not work well for diabetics
A University of Virginia physicist researching a drug that can save severely ill COVID-19 patients’ lives has discovered that it may not work well on diabetics, the U.Va. Health System announced this week. As a result, physicians may need to change the drug regimen for some of their sickest patients. Dexamethasone, a corti[...]
Lara Fritts resigns from Greater Richmond Partnership
Lara Fritts has resigned as president and CEO of the Greater Richmond Partnership, according to an email sent to the public-private economic development organization’s investors this week. Her resignation is effective as of Nov. 30, and she will be serving actively in the role until that time, according to a spokesperson. [...]
BAE Systems lands $400M Air Force contract
The U.S. Air Force awarded Arlington-based defense contractor BAE Systems Inc. a $400 million contract to develop an air vehicle system for the Skyborg program, a team of unmanned aerial vehicles (UAV) that use artificial intelligence to adapt to battlefield conditions. “The need to generate combat power faster than our advers[...]
Va. initial jobless claims jumped nearly 25% last week
The number of initial jobless claims in Virginia rose by 24.75% last week, the Virginia Employment Commission reported Thursday. For the week ending Oct. 17, 11,365 Virginians filed initial claims for unemployment, an increase of 2,255 from the previous week, according to the VEC. And the number of initial claims filed during the week ending […]
CarLotz plans to go public on Nasdaq
Chesterfield County-based CarLotz Inc., a consignment dealer of used cars, announced Thursday it plans to go public and expand nationwide. CarLotz, which is valued at $827 million, will combine with Miami-based Acamar Partners Acquisition Corp., a publicly traded special purpose acquisition company, to make it a public company[...]
Accenture Security managing director leaving
Anup Ghosh is leaving his position as managing director and global platforms lead for Arlington-based Accenture Security to become the CEO of Bethesda, Maryland-based Fidelis Cybersecurity. Hired in 2018, Ghosh directed the U.S. security division of Ireland-based Accenture plc, a global professional services provider that posted[...]
Northam signs bills on COVID-19, criminal justice
Gov. Ralph Northam signed 16 bills from the General Assembly’s fall special session into law on Wednesday, many of which were related to the COVID-19 pandemic and criminal justice reforms. Northam also proposed changes to five bills. “I am proud to sign new laws that strengthen our COVID-19 response efforts and make our [...]
Northam announces $65.8M to increase child care access
Virginia Gov. Ralph Northam and first lady of Virginia Pamela Northam announced $65.8 million in new funding on Wednesday to increase access to child care and support child care providers amid the ongoing COVID-19 pandemic. This new investment is supported by $58.3 million in Coronavirus Relief Fund dollars as well as a realloca[...]
