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BAE Systems lands $111.6M Navy contract
The U.S. Department of Defense awarded Arlington-based defense contractor BAE Systems Inc. (the U.S. subsidiary of United Kingdom-based BAE Systems plc) a $111.6 million contract to manufacture and deliver Archerfish mine neutralizers to the U.S. Navy during the next seven years, the company announced Monday. This is the fourth [...]
VHHA partners with new Va.-based company for medical-grade masks
The Virginia Hospital & Healthcare Association and its Shared Services Corp. subsidiary have partnered with a newly founded Richmond-area business to obtain domestically produced medical-grade face masks for hospitals and other health care providers in Virginia, VHHA announced Monday. Olivian’s masks are not N95 but ar[...]
Va. COVID-19 positivity rate falls to 5.7%
The Virginia Department of Health reported 6,567 new COVID-19 cases last week and an increase of 278 deaths from the virus — a larger number than most weeks because of a backlog of death data that was entered since last Tuesday, VDH said. The state now has 141,138 cases and 3,021 fatalities, as of Sept. […]
JBG Smith purchases broadband spectrum from FCC
JBG Smith announced Monday it has purchased seven blocks of Citizens Broadband Radio Service (CBRS) spectrum in Arlington County and Alexandria from the Federal Communications Commission, an acquisition that will allow the Bethesda, Maryland-based developer to build a 5G network in the National Landing area, where Amazon.com Inc. is building its HQ2 East Coast headquarters. […]
Sterling affordable housing complex sells for $27.15M
An affordable housing complex in Sterling sold for $27.15 million, commercial real estate investment firm Greysteel announced last week. Located at 46565 Harry Byrd Hwy., the 150-unit Cascades Village Senior Apartments sold to Irvine, California-based Avanath Capital Management LLC, which focuses on acquiring existing affordable[...]
Remembering RBG
RICHMOND, Va. — Justice Ruth Bader Ginsburg’s death is being mourned by the country, and in Virginia, female lawyers and legislators are reflecting on her legacy. Some called her a role model, others called her a trailblazer, but they all admired the impact she left. Ginsburg died Friday at age 87 from complications from[...]
Christiansburg shopping center sells for $3.25M
A shopping center in Christiansburg has sold for $3.25 million, Cushman & Wakefield | Thalhimer announced last week. Located at 290 Peppers Ferry Road, the 9,525-square-foot retail center sold to Collegiate Investment 290 LLC as an investment. Pepper’s Ferry Plaza was owned by Family Peppers Ferry LLC and its tenants inclu[...]
Tech Innovation Campus announces advisory board
Amid its inaugural virtual semester, the Virginia Tech Innovation Campus in Alexandria is already kickstarting its future tech talent production through the creation of an advisory board, for which top Virginia executives will provide guidance to the campus on business partnerships and projects. Top executives from Qualcomm, B[...]
U.S. employment rate slowly inches up in September
A survey released Friday by Virginia Commonwealth University and Arizona State University economists indicates that the U.S. employment rate slightly increased during the week ending Sept. 12 to 64.5%, a 2.1% increase from two weeks prior. Although an improvement, the employment rate currently remains well below its February level of 73.8%, according to the Real-Time […]
Hampton Roads to deploy first electric buses in Va.
Gov. Ralph Northam on Friday signed legislation that will bring zero-emission electric buses to Virginia as part of an initiative to change public transportation in Hampton Roads. Legislation sponsored by state Sen. Louise Lucas and Del. Alex Askew creates the first-ever dedicated Hampton Roads Regional Transit Program and Fund, which will be managed by the […]
Leidos lands $89M Air Force task order
The U.S. Air Force awarded Reston-based Fortune 500 federal contractor Leidos Holdings Inc. a five-year, $89 million task order to support energetics research and development for the Office of the Secretary of Defense (OUSD) and the Combat Capability Development Command, Armament Center (CCDC-AC), the company announced Friday. Under the task order awarded by the U.S. […]
VDH reports first child COVID-19 death in Va.
The Virginia Department of Health on Friday announced the first COVID-19 death of a child under the age of 19 in the commonwealth. The adolescent was a resident in the Southside Health District, which covers Brunswick, Halifax and Mecklenburg counties, but VDH said it would not disclose further information about the teenager due to privacy […]
