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Jan 30, 2023

Boeing receives $2.25B Air Force tanker contract

Arlington-based Boeing Co. will help the Air Force expand its fleet of KC-46A Pegasus tanker aircraft under a $2.25 billion contract modification announced by the Pentagon Friday. The award covers the service’s ninth production lot and includes 15 of the tankers as well as data, subscriptions and licenses. To date, 68 KC-4[...]

Jan 27, 2023

Norfolk’s MacArthur Center mall listed for sale

Downtown Norfolk’s struggling mall, MacArthur Center, is officially on the market. A listing from real estate company JLL describes the 23-acre property as “a compelling redevelopment opportunity.” The listing encourages prospective buyers to “reimagine a major asset in the Norfolk [central business distr[...]

Jan 27, 2023

Va. Bar Association installs 2023 president

Benjamin D. Leigh became the 2023 president of the Virginia Bar Association on Jan. 22, the Richmond-based professional association announced Thursday. With a practice focused on real estate, Leigh is a principal at Leesburg-based Troxell Leigh PC, which he co-founded as Mims, Atwill & Leigh PC in 2002. Before that, he worke[...]

Matt Linderman. Photo courtesy Atlantic Union Bank
Jan 27, 2023

Atlantic Union Bank names CIO

Matt Linderman is Atlantic Union Bank’s new chief information officer, the bank’s Richmond-based holding company, Atlantic Union Bankshares Corp., announced Friday. Linderman was previously the chief technology officer of PNC Financial Services Group Inc. Prior to that, he was PNC’s senior vice president of data center and[...]

Jan 26, 2023

Petersburg casino bill moves to Senate committee

A Virginia State Senate bill that would allow Petersburg residents to vote on allowing a casino in their city is still in play, following a 7-2 vote by the Senate gaming subcommittee Thursday. The bill will progress to a General Laws and Technology committee vote Wednesday. The bill from Sen. Joe Morrissey, D-Richmond, adds Pete[...]

eSTOL rendering. Courtesy Electra
Jan 26, 2023

Manassas company to develop short takeoff, landing aircraft for Air Force

Manassas-based aerospace company Electra.aero Inc. has received a Strategic Funding Increase award from the U.S. Air Force’s AFWERX arm that secures up to $85 million for development of a prototype electric short takeoff and landing (eSTOL) aircraft. The award, announced Thursday, secures funding between private investments, g[...]

Jan 26, 2023

Reston contractor lands $235M extension for Iraq base support

A subsidiary of Reston-based federal contractor Acuity International LLC won a $235.6 million U.S. Air Force contract modification to provide base support and security services for the Iraq F-16 program, the Pentagon announced Wednesday. The modification adds 12 months to the previously awarded contract, bringing the cumulative value of the contract to $360.78 million. The […]

Jan 25, 2023

Rocket Lab launches first mission from U.S. soil

After more than a month’s delay, Rocket Lab USA’s first launch from U.S. soil at NASA’s Wallops Flight Facility in Accomack County blasted off Tuesday evening. The mission, “Virginia is for Launch Lovers,” lifted off around 6 p.m. EST from the company’s Launch Complex 2 at Virginia Space’s Mid-A[...]

Jan 25, 2023

HII names new exec VP, CIO

Newport News-based Huntington Ingalls Industries has promoted Chris Soong to executive vice president and chief information officer, the Fortune 500 federal contractor announced Tuesday. Soong’s promotion is effective April 1. He served as CIO at HII’s Mission Technologies division beginning in August 2021 and is rep[...]

Jan 24, 2023

Charlottesville chamber CEO to step down

Charlottesville Regional Chamber of Commerce President and CEO Elizabeth Cromwell will step down in February after four years helming the organization, the chamber said Tuesday. Cromwell’s last day is Feb. 17.  Andrea Copeland, the chamber’s director of committee engagement, has been named interim president to manage the or[...]

Jan 24, 2023

Framatome CEO retiring; CFO to be promoted

Framatome Inc. President and CEO Gary Mignogna will retire July 1, and Chief Financial Officer Katherine Williams will succeed him, the Lynchburg-based nuclear reactor and fuel company announced Tuesday. Mignogna will become chairman of Framatome Inc.’s board upon his retirement. Williams, who will continue to serve as CFO[...]

Jan 24, 2023

Dollar Tree CEO resigning; former Dollar General CEO to replace him

Dollar Tree Inc. CEO Mike Witynski will leave the Chesapeake-based Fortune 500 discount retailer and its board effective Jan. 29, with Executive Chairman Rick Dreiling becoming the next CEO, the company announced Tuesday. Witynski, who joined Dollar Tree in 2010, played a key role in the company’s 2015 acquisition of the F[...]

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