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Oct 1, 2020

Fairfax tech firm to develop immigration identify verification platform

U.S. Citizenship and Immigration Services (USCIS) has awarded Fairfax-based tech company Sevatec Inc. a $22.5 million task order to develop a modern authentication and identity proofing platform for mission delivery, the company announced Thursday. Under the Unrestricted GSA Alliant 2 task order, Sevatec will support mission delivery through a single platform that will provide secure […]

Oct 1, 2020

CACI wins $59M DOD comptroller task order

The Office of Under Secretary of Defense (Comptroller) awarded Arlington-based federal technology contractor CACI International Inc. a $59 million task order to support the Defense Finance and Accounting Service’s comptroller critical mission systems, the company announced Tuesday. The comptroller handles all budgetary and fiscal matters for the Department of Defense. Under the task order, CACI […][...]

Oct 1, 2020

LMI lands $50M DOD contract

The Department of Defense awarded Tysons-based government and defense consultancy LMI a $50 million contract to help manage various elements of logistics operation associated with both commercial and federal supply chains. LMI will support the transportation, maintenance, supply chain and contingency management aspects of DOD logistics for the assistant secretary of defense for sustainment, the […][...]

Oct 1, 2020

ODU launches School of Cybersecurity

Old Dominion University on Thursday became the first research university in the country to launch a cybersecurity school offering interdisciplinary degree programs for both undergraduate and graduate students. The university is expanding its existing Center for Cybersecurity Education and Research (CCSER) into the ODU School of Cybersecurity. The school will operate under ODU’s Office of […][...]

Oct 1, 2020

Mount-It! to invest $7.45M in Prince George operation

Gov. Ralph Northam announced Thursday that mounting solutions distributor Mount-It! will invest $7.45 million to establish its first East Coast warehouse and distribution facility in Prince George County, creating 85 jobs. Mount-It!, which provides more than 500 types of mounting products, will be located in the former Quality Way building in Prince George County. Virginia […]

Continued claims map for the week ending Sept. 26 courtesy Virginia Employment Commission. Green areas have 500 or fewer claims, yellow areas have between 501 and 6,000 claims and red areas have between 6,001 and 20,634 claims.
Oct 1, 2020

Va. jobless claims drop slightly last week

Virginia saw a small decrease in the number of initial jobless claims last week, the Virginia Employment Commission reported Thursday, but the number of initial claims filed from mid-March through the Sept. 26 filing week totaled 1.167 million, or 28.4% of pre-pandemic payroll employment. For the week ending Sept. 26, 9,377 Virg[...]

Oct 1, 2020

Genworth’s $2.7B acquisition by Chinese company faces new hurdle

Henrico County-based Genworth Financial Inc. announced Thursday that China-based Oceanwide Holdings Group Co. Ltd. has reached an agreement with Hony Capital on the commercial terms and conditions of its $1.8 billion offshore financing plan to complete its acquisition of Genworth. However, Oceanwide has not reached a final agreement on all terms and conditions due to […]

Photo courtesy Northrop Grumman
Oct 1, 2020

GSA awards Northrop Grumman $690M task order

The U.S. General Services Administration (GSA) has awarded Falls Church-based Fortune 100 defense contractor Northrop Grumman Corp. a $690 million task order to develop a suite of data systems for the Defense Intelligence Agency (DIA). Under the contract awarded by the GSA’s Federal Systems Integration and Management Center (F[...]

Stryker A1 IM-SHORAD vehicle. Photo courtesy General Dynamics
Oct 1, 2020

General Dynamics lands $1.22B Army air defense contract

The U.S. Army awarded Reston-based Fortune 100 defense contractor General Dynamics Corp.’s land systems division a potential five-year, $1.22 billion contract to manufacture and test systems that are designed to destroy, neutralize or deter low-altitude aerial threats, the Department of Defense announced Wednesday. Under the c[...]

Oct 1, 2020

Virginia National, Fauquier banks to merge

The parent holding companies of Virginia National Bank and The Fauquier Bank will merge under the Virginia National brand into a combined bank with $1.6 billion in total assets. Charlottesville-based Virginia National Bankshares Corp. and Warrenton-based Fauquier Bankshares Inc. have signed a definitive merger agreement, the banks announced Thursday. The combined company will have approximately $1.4 […][...]

Sep 30, 2020

ODU will build tool for wind energy site planning

Old Dominion University will develop an online tool for the placement of wind-energy projects so they don’t interfere with military installations, with a Department of Defense grant of $775,000. The DoD’s Office of Economic Adjustment awarded the Military Installation Sustainability program grant to the state, according to a news release from Gov. Ralph Northam’s office […][...]

Dr. Thomas Kayrouz. Photo courtesy Riverside Medical Group
Sep 30, 2020

Riverside Medical Group names president, chief medical officer

Riverside Medical Group (RMG), the medical group for Newport News-based Riverside Health System, announced Wednesday Dr. Thomas Kayrouz has been named as president and chief medical officer, overseeing more than 600 providers and 100 practice sites.  With a career in pediatric critical care medicine and physician-led health car[...]

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