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Hampton Roads shipyards receive nearly $1B in Navy contracts
The Pentagon has announced nearly $1 billion in Navy contracts for work on vessels in Hampton Roads. Under one contract, valued at $847 million, Reston-based General Dynamics Corp.’s Norfolk-based shipyards will support emergent work, continuous maintenance, pre-refueling complex overhaul availabilities, ship terminal offload program availability and scheduled work on aircraft carriers in the mid-Atlantic through […][...]
Carilion announces chair for new neurosurgery department
Dr. John A. Jane Jr. will be the first chair of Carilion Clinic’s newly formed neurosurgery department beginning June 19, the Roanoke-based health system announced Tuesday. “Dr. Jane will join a strong neurosurgical team at Carilion,” Dr. Daniel Harrington, Carilion’s interim chief medical officer, said in a stat[...]
Richmond baseball stadium agreement reached — with year delay
The city of Richmond has reached an agreement with developers RVA Diamond Partners on the $2.44 billion Diamond District development and a new baseball stadium expected to open in spring 2026 — a year later than Major League Baseball’s April 2025 deadline. Now it’s up to MLB to decide whether to grant the city an [[...]
Va. tourism pitch hits Saks Fifth Ave. windows
New Yorkers and Manhattan visitors will spot an intriguing sight at the Saks Fifth Avenue flagship department store — two windows featuring a Virginia tourism campaign. Virginia Tourism Corp., United Airlines and Saks partnered to highlight three high-end resorts in Virginia — the Historic Cavalier Hotel and Beach Club in Vi[...]
DroneUp to deliver meds to Eastern Shore
Virginia Beach-based unmanned flight company DroneUp will launch a project to deliver medications via drone to patients on the Eastern Shore and Tangier Island as part of a collaboration with Riverside Health System and the Virginia Institute for Spaceflight & Autonomy (VISA) at Old Dominion University, among other partners.[...]
Va. to establish trade office in Taiwan
Virginia will establish a trade office in Taipei, Taiwan’s capital, Gov. Glenn Youngkin announced Monday morning after meeting with that country’s president, Tsai Ing-wen. Youngkin’s meeting with Taiwan’s president came during the governor’s first international trade mission, during which he will al[...]
ASRC Federal buys Manassas defense contractor
Reston-based ASRC Federal Holding Co. has acquired Manassas-based defense contractor Broadleaf Inc., ASRC announced Monday. Financial details of the transaction were not disclosed. Founded in 2009, Broadleaf is a U.S. Small Business Administration Certified Native Hawaiian Organization. The company provides information technolog[...]
Va. launching semiconductor workforce initiative
The commonwealth is launching a Virginia Alliance for Semiconductor Technology to foster a semiconductor industry workforce, funding its establishment with a $3.3 million Growth and Opportunity for Virginia (GO Virginia) grant. Gov. Glenn Youngkin announced the initiative Friday. In March, GO Virginia announced the $3.3 million [...]
Va. spring housing market has slow start
Virginia’s residential real estate market is off to a slow start this spring. Virginia home sales in March dropped 24% from March 2022, marking the 16th consecutive month of declining sales, and the median sales price dropped year-over-year for the first time in seven years, according to a Virginia Realtors report released Thu[...]
Capital Square names new SVP, product specialist
Stuart Bahnmuller has joined Glen Allen-based real estate company Capital Square as the firm’s senior vice president and registered product specialist to lead a national sales team for wealth managers and registered investment advisers, Capital Square announced Thursday. “For decades, alternative investments have been th[...]
Demo begins on Military Circle Mall with site’s future uncertain
Norfolk started the first phase of demolition of Military Circle Mall Friday, but the future of the property remains unclear. Demolition will continue through late June, according to the city. The first phase will start with separate buildings on the property, including China Garden, Martin’s Café, and The Military Circle[...]
Raytheon wins $308M contract for Navy destroyer work
Arlington-based Raytheon Technologies Corp.’s Missiles & Defense business has received a $308.4 million contract modification for combat systems work on the Navy’s Zumwalt-class guided-missile destroyers, the Pentagon announced Wednesday. Work includes combat system installation, integration, development, testing[...]
