Sign In
Free Newsletter
ODU Strome College of Business to host corporate governance conference
Old Dominion University’s Strome College of Business will host its sixth annual Conference of the International Corporate Governance Society from Nov. 13 to Nov. 15, its Department of Management and Entrepreneurship announced Tuesday. The conference will include a forum for international academics, practitioners and doctoral students to showcase and discuss corporate governance research findings. Conference […][...]
Hampton Roads operator of Downtown and Midtown tunnels sold in $2B+ deal
Elizabeth River Crossings HoldCo LLC, the operator of the Downtown and Midtown tunnels that run between Norfolk and Portsmouth, has been sold to Abertis Infraestructuras S.A. and Manulife Investment Management Ltd., on behalf of John Hancock Life Insurance Co., for more than $2 billion. Elizabeth River Crossings operates four tu[...]
Commercial building in Fairfax sells for $1.8M
A three-story mixed-use commercial building in Fairfax sold for $1.8 million, Norfolk-based S.L. Nusbaum Realty Co. announced this week. Located at 3950 Chain Bridge Road, The Moore-McCandlish House is a 6,550-square-foot historical building constructed in 1840. The property, which sits on 0.48 acres, was 96% leased at the tim[...]
Newport News company lands $441.58M Navy contract
The U.S. Navy awarded Newport News-based Airborne Tactical Advantage Co. (ATAC) a potential five-year, $441.58 million contract to provide subsonic and supersonic aircraft for the branch’s fleet training operations, the U.S. Department of Defense announced Wednesday. Under the contract, ATAC will supply Type IV supersonic (which exceed the speed of sound) and Type III high […]
GO Virginia funds $9M in workforce development, economic recovery grants
The Growth and Opportunity for Virginia (GO Virginia) state economic development initiative has allocated grants totaling more than $9 million for workforce development and assisting communities with economic recovery, Virginia Gov. Ralph Northam announced Tuesday. A $7.8 million allocation will support 11 regional projects and two statewide projects aimed at workforce development initiatives. Another allocation […][...]
HII lands $284.2M in contract modifications on USS JFK
The U.S. Navy awarded Newport News-based Huntington Ingalls Industries (HII) $284.2 million in contract modifications to deliver the Ford-class aircraft carrier USS John F. Kennedy (CVN 79) to the branch, the U.S. Department of Defense announced Monday. The delivery will be done in one phase. The Navy decided to change the two-p[...]
Sentara names senior VP, CIO
Norfolk-based Sentara Healthcare announced Monday it has named Tim Skeen as senior vice president and chief information officer, effective Nov. 9. Skeen most recently worked for Anthem Inc., where he was chief operating officer and had also served as enterprise chief information officer, He oversaw Anthem’s technology and [...]
Dominion proposes nine new solar projects
Richmond-based Dominion Energy Inc. proposed a new slate of projects on Monday that would bring nearly 500 megawatts of solar energy to Virginia customers, enough to power around 125,000 homes at peak output. The proposal, which the utility called “its largest slate yet of new solar projects” in a statement, was submitted fo[...]
Former Boy Scouts campground in Middlesex County sells for $3.5M
A former Boy Scouts of America campground in Middlesex County has sold for $3.5 million, Glen Allen-based commercial real estate company Commonwealth Commercial Partners LLC announced Wednesday. The 306-acre Bayport Scout Camp located at 623 Bayport Road was sold by Phoenix Property Holdings LLC to MHC RV LLC in a transaction th[...]
Va. Beach defense contractor wins $229.4M Navy contract
The U.S. Navy awarded Virginia Beach-based QED Systems Inc. a potential three-year, $229.4 million contract to help the branch develop specifications and implement an availability strategy for multiple naval ship classes, the U.S. Department of Defense announced Wednesday. QED Systems will perform support work referred to as “third party planning services” for the Navy’s guided-missile […][...]
The big dig commences
Crews broke ground Thursday on the $3.8 billion Hampton Roads Bridge-Tunnel (HRBT) expansion — the largest project in the Virginia Department of Transportation’s history and one of the largest infrastructure projects in the nation. Virginia Gov. Ralph Northam joined state and local leaders in a groundbreaking ceremony Thur[...]
Va., Md., N.C. governors sign offshore wind collaboration
The governors of Virginia, Maryland and North Carolina on Thursday announced a three-state collaboration to advance offshore wind projects — the Southeast and Mid-Atlantic Regional Transformative Partnership for Offshore Wind Energy Resources. SMART-POWER will work to promote the Southeast and mid-Atlantic regions as a hub for[...]
