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Former Siemens exec charged in Dominion bid-rigging case
A retired Siemens Energy executive is facing a felony charge in an alleged conspiracy to steal its competitor’s trade secrets, helping the German energy company prevail in a winning bid to build a gas turbine “peaker” plant in Chesterfield County for Dominion Energy in 2019. John Gibson, of Winter Park, Florida, was charged in U.S. […]
Norfolk warehouse sells for $1.3M
A 10,044-square-foot office and warehouse building in Norfolk sold Tuesday for $1.3 million. The building, on 1.71 acres at 1301 Marsh St., was previously owned by Daughters Trust 3557. Piedmont Land Development bought the property, which is fully leased, as an investment. It is currently leased to Hepaco, an environmental clean[...]
Massive foundation posts arrive for Dominion’s offshore wind farm
The first eight monopiles, the wind-turbine foundation posts for Dominion Energy’s $9.8 billion offshore wind farm, arrived at Portsmouth Marine Terminal on Oct. 19, and state officials and Dominion executives celebrated their arrival from Germany Friday. In a ceremony Friday, Gov. Glenn Youngkin, Dominion Chair, President[...]
John ‘Dubby’ Wynne dies at 78
John O. “Dubby” Wynne only had one setting: giving 110%. He didn’t know how to do any less than that, even after years as a successful media executive who helped launch The Weather Channel, the 24-hour cable weather news channel. Instead of slowing down after his retirement as president and CEO after 27 years working [[...]
NNS funding helps launch ODU engineering program
Newport News Shipbuilding will be the lead industry sponsor of Old Dominion University’s program to graduate more engineers, the two organizations announced Tuesday. NNS, a division of Newport News-based Fortune 500 military shipbuilder Huntington Ingalls Industries, will make a five-year financial commitment to the Monarch Ac[...]
DroneUp promotes chief growth officer
Virginia Beach-based DroneUp has promoted Rishap “Rish” Malhotra to be its growth officer, a newly created position at the autonomous drone delivery company. Malhotra had been DroneUp’s senior vice president of corporate development, and heading up the company’s mergers and acquisitions will be part of his new job, which the company announced Thursday. He will […]
Va. localities crack down on short-term rentals
RICHMOND, Va. — Several Virginia municipalities have recently drafted or passed ordinances to regulate short-term rentals. Scrutiny of short-term rentals mirrors a nationwide trend. Companies like Airbnb and Vrbo have become popular lodging options for tourists, as well as people in need of temporary housing. Municipalities ha[...]
Old Point National Bank hires new CFO
Hampton-based Old Point Financial has named Paul M. Pickett senior vice president and chief financial officer of Old Point National Bank, effective Oct. 24, the bank announced Wednesday. Pickett joins Old Point National Bank from Richlands-based First Sentinel Bank, a subsidiary of First Region Bancshares, where he had also been[...]
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[...]
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 ‘[...]
Nauticus Foundation hires CFO
Amy Owens has been named the chief financial officer of the Nauticus Foundation in Norfolk. Owens joins the Nauticus Foundation, which runs the Nauticus maritime museum in Norfolk, after serving as CFO at RDS of Virginia, a recycling and disposal company, according to her LinkedIn. Before that she was director of finance and non[...]
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[...]
