Sign In
Free Newsletter
McLean satellite operator to buy in-flight broadband biz for $400M
McLean-based communications satellite services provider Intelsat Corp. announced Monday it will acquire in-flight broadband connectivity provider Gogo Inc.’s commercial aviation business for $400 million. Under the acquisition, Intelsat plans to pair its satellite and ground network to Gogo’s base of more than 3,000 commercial aircraft, according to a company statement. The transaction is expected to […][...]
Newport News federal contractor acquires Vienna firm
Newport News-based federal contractor and professional services company ITA International announced Tuesday it has acquired Vienna-based management consulting firm Innovative Decisions Inc. (IDI). A transaction amount was not disclosed. IDI provides decision and risk analysis, operations research and systems engineering services for business and government customers, while ITA International provides analysis, planning, training, exercis[...]
SAIC wins $79M Air Force contract
The U.S. Air Force awarded Reston-based Fortune 500 federal contractor Science Applications International Corp. (SAIC) a five-year, $79 million contract to deliver mission engineering services to one of the branch’s missile systems, the company announced Tuesday. Under the contract, SAIC will work on the 414th Supply Chain Management Squadron’s Intercontinental Ballistic Missile (ICBM) LGM-30 Minuteman […][...]
Eastern Va. restrictions to remain through Labor Day weekend
Gov. Ralph Northam said Tuesday during a news conference that he would not roll back COVID-19-related restrictions in Eastern Virginia prior to Labor Day. On Friday, Virginia Beach Mayor Bobby Dyer sent a letter to Northam asking the governor to allow alcohol sales until 11 p.m. and requesting that the state eliminate the 50% oc[...]
Augusta County expands business relief fund
The Augusta County Economic Development Authority (EDA) announced Tuesday it has expanded its Disaster Recovery Grant Fund to allow businesses that have previously received Paycheck Protection Program loans (PPP) or Economic Injury Disaster Loans (EIDL) to apply for grants of up to $15,000. “The expansion of our grant fund will allow additional Augusta County businesses […]
New hotel chain to open first nationwide location in NoVa
A new hotel chain, stayAPT Suites, is set to open its first location nationwide in southern Fairfax County in early October, near Fort Belvoir on U.S. Route 1. The hotel will have 73 rooms, and each suite will include a living room and full kitchens. The Matthews, North Carolina-based chain announced the brand in January, […]
Calabash Seafood ordered closed by court
Updated 2:45 p.m. A Hanover County seafood restaurant was ordered closed by a Hanover County Circuit Court judge Tuesday after the restaurant continued to operate with a suspended license due to COVID-19 safety violations. Judge Patricia Kelly issued a temporary restraining order effective as of 10 a.m. Tuesday, temporarily shutting down Mechanicsville’s Calabash Seafood, which […]
Genworth to move forward on $2.7B acquisition by Chinese company
Henrico County-based Genworth Financial Inc. announced Monday that it does not intend to exercise its right to terminate the $2.7 billion merger agreement with China-based Oceanwide Holdings Group Co. Ltd. as of Aug. 31. According to a statement from Genworth, the insurance company’s board of directors and management team determined that Oceanwide provided satisfactory information […]
NFL takes charge of Washington Football Team investigation
The National Football League is taking charge of the investigation into allegations of sexual harassment and verbal abuse within the Ashburn-based Washington Football Team organization, according to a statement from team owner Dan Snyder. According to reports from the NFL, on Monday Commissioner Roger Goodell spoke with Snyder, who was “supportive of the step.” Washington […]
BREAKING: Liberty board says outside firm will investigate university’s finances
The Liberty University Board of Trustees announced a “leading forensic firm” will conduct an investigation into the university’s operations during Jerry Falwell Jr.’s 13-year tenure as president. The firm, which is not named in the statement, will investigate financial, real estate and legal matters from [...]
VA awards $152M contract to Arlington firm
The U.S. Department of Veterans Affairs awarded Arlington-based federal technology contractor CACI International Inc. a six-year, $152 million contract to provide support for the department’s Financial Management Business Transformation program (FMBT), the company announced Monday. Under the contract, CACI software engineers will cleanse and convert the VA’s historical data onto the department’s new Integrated Financial […][...]
SCC names head of Va. Health Benefit Exchange
The State Corporation Commission (SCC) announced Monday it has appointed Victoria I. Savoy to direct the Virginia Health Benefit Exchange — a new state-based health insurance exchange for individuals and small businesses set to start later this year. The Virginia Health Benefit Exchange was established by the 2020 Virginia [...]
