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HII secures $244M software integration contract
A McLean-based division of Huntington Ingalls Industries received a $244 million contract integrating software for the Navy, Marine Corps and Coast Guard, the Newport News-based Fortune 500 military shipbuilder announced Tuesday. Under the five-year, Naval Air Systems Command task order, HII’s Mission Technologies division wil[...]
Amentum wins $327M Army contract
Chantilly-based federal contractor Amentum Services has won a U.S. Army contract worth up to $326.9 million, the company announced Monday. Under the five-year contract, Amentum will engineer, integrate and test prototype technologies for the Army’s command, control, communication, computers, cyber, intelligence, surveillance a[...]
CNU poll shows tight race for GA control
A poll of 800 likely Virginia voters shows a tight race for party control of the General Assembly, which is currently split between Democrats controlling the state Senate and a Republican majority in the House of Delegates. According to results released Tuesday by Christopher Newport University’s Wason Center for Civic Lea[...]
Jefferson Lab to lead $300M data hub
The Thomas Jefferson National Accelerator Facility will lead a $300 million to $500 million data science computing hub that will make scientific data more accessible to sciences nationwide, the U.S. Department of Energy announced Monday. Known as the High Performance Data Facility hub (HPDF), the project will be based at the N[...]
LL Flooring receives $194M acquisition proposal
Las Vegas-based holding company Live Ventures has submitted a proposal to acquire Henrico County-based hard-surface flooring retailer LL Flooring Holdings for approximately $194.4 million in cash. Live Ventures, which specializes in the retail and flooring industries, published Thursday the letter sent by its president and CEO, [...]
HII, General Dynamics sued by marine engineers
A group of naval engineers filed a federal class action lawsuit on Oct. 6 against 20 large government contractors and shipbuilders, including Virginia-based General Dynamics and Huntington Ingalls Industries, claiming that the corporations have for decades “maintained an illegal agreement not to actively recruit, or ‘[...]
HII’s Mission Technologies wins $347M Navy contract
Huntington Ingalls Industries’ McLean-based Mission Technologies will build nine undersea drones for the Navy’s Lionfish System program in a deal that could grow to as many as 200 vehicles during the next five years, with a total value of more than $347 million. Newport News-based HII announced the contract Wednesday[...]
Virginia Tech receives $10M gift for endowed scholarship
Preston White, the founder of Virginia Beach-based concrete contractor Century Concrete, and his wife, Catharine, have donated $10 million to Virginia Tech to create an endowed scholarship, the university announced Tuesday. The Whites’ latest gift to Tech, the Preston and Catharine White Endowed Diversity Scholarship, will eve[...]
Atlantic Union CEO tapped as American Bankers Assoc. chair-elect
Atlantic Union Bankshares CEO John C. Asbury is the 2023-2024 chair-elect for the American Bankers Association. ABA announced its new board officers and directors on Tuesday, following its annual convention in Nashville, Tennessee. Asbury was the ABA’s 2022-2023 vice chair. He’s a past chairman of the Virginia Bankers Associ[...]
Colonial Williamsburg, W&M launch leadership institute
The Colonial Williamsburg Foundation and William & Mary have partnered to form a leadership development institute in Williamsburg, the two entities announced Monday. Former Hewlett-Packard CEO and onetime GOP presidential hopeful Carly Fiorina will chair the Williamsburg Institute, which will have Walt Disney veteran Christo[...]
Envelope maker to expand in Bedford County
Forest-based Parkland Direct, a lithographic print and custom envelope manufacturer, will invest $10 million to expand in Bedford County, creating 41 jobs, Gov. Glenn Youngkin announced Tuesday. The company will add 50,000 square feet to its current 60,000-square-foot facility to increase production capacity with the addition of two converters and press machines. The family-owned business […][...]
Bon Secours taps president of Petersburg, Emporia hospitals
Brenda Woodcock assumed her new role as president of two Bon Secours hospitals in Petersburg and Emporia on Monday. She is the first female president of the of the Bon Secours Southside Medical Center and the Southern Virginia Medical Center, and succeeds John Emery, who Bon Secours named to lead Memorial Regional Medical Center[...]
