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Leidos wins $7.7B Navy contract
Reston-based defense contractor Leidos has been awarded a $7.7 billion contract by the Naval Information Warfare Systems Command (NAVWAR) to operate and maintain shore-based networks and data management for several departments of the Navy, the company announced last week. NAVWAR is the Navy’s technical authority and acquisition command for its business IT and space systems. […]
Northam proposes $1M investment for future STEM educators at HBCUs
Gov. Ralph Northam on Monday proposed a $1 million investment through the national UTeach program to increase pathways for students at Virginia’s two public historically black colleges and universities (HBCUs) to become science, technology, engineering and mathematics (STEM) educators. Although the UTeach program is present at 45 U.S. colleges and universities, Virginia is the first […][...]
Henrico apartment complex sells for $28.52M
Millspring Commons Apartment Homes in Henrico County sold for $28.52 million, Los Angeles-based real estate company CBRE Group Inc. announced Feb. 4. Built in 1972, the 159-unit, 165,030-square-foot townhome rental community is located at 9318 Tarheel Terrace adjacent to Staples Mill Road. Washington, D.C.-based property managem[...]
Fredericksburg industrial buildings sell for $4.14M
Manassas Park-based Juliad Holdings LLC purchased two warehouse/industrial buildings in Fredericksburg for $4.14 million, Bethesda, Maryland-based commercial real estate firm Finmarc Management Inc. announced Monday. The buildings comprise 51,000 square feet in Juliad Court, approximately one mile from state Route 17 and Interstate 95, and were leased to four tenants at the time of the […]
Va. Tech selects architecture firm for first Innovation Campus building
Virginia Tech has selected Detroit-based architecture and planning firm SmithGroup to design the first academic building for its Innovation Campus in Alexandria, the university announced Friday. SmithGroup responded to a public request for proposals (RFP) issued last summer by Tech after its June announcement that it would build[...]
LGBTQ Groups Celebrate Passage of ‘Historic’ Virginia Values Act
RICHMOND, Va. — Legislators wore rainbow, heart-shaped stickers Thursday as the House and Senate passed the Virginia Values Act. LGBTQ advocacy groups and lawmakers held a press conference in anticipation of what they called, “a historic moment after a years-long battle.” Senate Bill 868, patroned by Sen. Adam Ebbin, D[...]
Senate OKs bill for some online alcohol sales
Virginians will be able to purchase spirits and low alcoholic beverage coolers from the comfort of their homes under a bill that passed the Senate 40-0 Wednesday. SB 824, introduced by Sen. Frank M. Ruff, R-Clarksville, would permit the Virginia Alcoholic Beverage Control Authority to include provisions in agency agreements with licensed distillers, allowing certain […]
Senate committee passes bill to provide workers’ comp to first responders with PTSD
Law-enforcement officers and firefighters suffering from post-traumatic stress disorder will be entitled to workers’ compensation under a bill that is headed to the Senate floor for a vote. The bill, SB 561, will provide that PTSD incurred by first responders is covered by the Virginia Workers’ Compensation Act if a mental health professional diagnoses an […]
SAIC set to acquire Unisys Federal for $1.2B
Science Applications International Corp. (SAIC) will acquire Unisys Federal for $1.2 billion, SAIC announced Thursday. Both companies are Reston-based, publicly traded federal contractors specializing in IT services. The transaction was approved by SAIC’s board of directors and the transaction is expected to close by May 1. Unisys Federal is an operating unit of Blue Bell, […]
Vienna e-commerce delivery company names CEO
Vienna-based e-commerce delivery company LaserShip has appointed Brett Bissell as its CEO, succeeding company co-founder Blake Averill, the company announced Wednesday. Bissell will be based in LaserShip’s Vienna headquarters and Averill will continue to serve on the company’s board of directors. He most recently comes from international supply chain company CEVA Logistics, where he was […][...]
Alabama company buys Little Creek Marketplace in Norfolk
Birmingham, Alabama-based property management company Shannon Waltchack’s retail real estate fund, SWNC I LLC, has purchased the Little Creek Marketplace shopping center in Norfolk, S.L. Nusbaum Realty Co. announced Tuesday. The sale price of the transaction was not disclosed. The 49,000-square-foot retail center was 97% lease[...]
Norfolk office building sells for $2M
A 15,000-square-foot office building in Norfolk sold for $2 million, real estate and investment management company Colliers International announced Feb. 3. Constructed in 2007, the two-story building is located directly off Military Highway at 5665 Lowery Road. The Janaf location of The Therapy Network is currently a tenant an[...]
