Mitre launches data-driven policy center
McLean-based The Mitre Corp., a not-for-profit organization that manages federally funded research and development centers, announced Tuesday it has established the Center for Data-Driven Policy, which will provide evidence-based, objective and nonpartisan insights for government policymaking. “Our team of experts will take what Mitre has learned through research and experimentation and apply those insights to […][...]
Arlington space tech startup receives additional CIT funding
The Herndon-based Center for Innovative Technology (CIT) announced Tuesday that Arlington-based space technology startup NOVI LLC has received a follow-on investment from the state government-backed venture fund CIT GAP Funds. An investment amount was not disclosed. CIT seed- and early-stage investments are made to Virginia-based technology, life sciences and clean tech companies that the center […][...]
CIA launches CIA Labs for R&D
The Central Intelligence Agency, based in McLean, announced Monday it has launched CIA Labs, which will see its officers collaborate with private sector professionals, academic professionals and others to develop mission technology. CIA Labs will be part of the Federal Laboratory Consortium and will conduct research, development, testing and engineering for scientific and technological issues. […][...]
Northam announces higher ed refinancing plan
While higher education institutions have needed to make budget cuts due to the pandemic, Gov. Ralph Northam announced Tuesday a higher education refinancing plan that would save Virginia’s public colleges and universities a total of more than $300 million (among 16 schools) during the next two years. Taking advantage of low interest rates, the state […]
Central Va. sales, use tax rate to increase Oct. 1
Starting Oct. 1, the sales and use tax rate in Central Virginia will go up by 0.7% to a total of 6%, Virginia Tax announced Tuesday. The change approved by the 2020 Virginia General Assembly affects the 4.3% state tax, the 0.7% regional state tax and the 1% local option tax. Affected localities include Richmond […]
Charlottesville launches young professionals group
The Charlottesville Regional Chamber of Commerce announced Monday it has launched Cville Rising Professionals, a business networking group for people under the age of 40. The group is open to Chamber members and nonmembers and will assist young professionals in making connections in the business world. “We’ve needed a group like this in Charlottesville for […]
Mitre lands $463M Air Force contract
The U.S. Air Force awarded McLean-based The Mitre Corp., a nonprofit that conducts research for government agencies, a $463 million contract to continue to serve as administrator of the National Security Engineering Center (NCES), the U.S. Department of Defense announced Monday. NCES is a federally funded research and development center that provides systems engineering support […]
The Hilb Group acquires Ct.-based insurance company
Henrico County-based insurance company The Hilb Group LLC (THG) announced Tuesday it has acquired Shelton, Connecticut-based Ganim Group Inc. (Ganim Benefits) from investment advisory company Ganim Financial Inc. Transaction details were not disclosed. This marks THG’s 11th acquisition within the past year. Ganim Benefits [...]
Huntington Ingalls to establish unmanned systems center in Hampton
Gov. Ralph Northam announced Tuesday that Newport News-based Huntington Ingalls Industries (HII), the nation’s largest military shipbuilding company, will establish an unmanned systems center in Hampton, which will create more than 250 jobs. “Huntington Ingalls Industries is a national leader in advanced manufacturing, and this investment is a powerful testament to Virginia’s workers and business […][...]
Huntington Ingalls lands $355M Navy contract modification
The U.S. Navy awarded Newport News-based contractor Huntington Ingalls Industries (HII) a potential $355 contract modification to help the branch prepare for an engineered overhaul of the USS Boise nuclear-powered submarine, the U.S. Department of Defense announced Monday. Under the contract modification, HII will provide early production efforts including planning, execution services, production and availability […][...]
McLean contractor wins $87M Navy contract
The U.S. Navy awarded McLean-based defense contractor Alion Science and Technology Corp. an $87 million contract to provide special projects and operational training support, the company announced Monday. Under the five-year Department of Defense Information Analysis Center multiple award contract, Alion will perform research, systems engineering, analysis, design, testing, prototyping, technology, validation and integration work [&hell[...]
SAIC wins $752.7M Army task order
The U.S. Army awarded Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) a $752.7 million task order to provide intelligence support services for the branch, according to a Sept. 4 System for Award Management (SAM) notice. The General Services Administration’s Federal Acquisition Service received four offers for the task order, according to the […][...]