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Kuhn buys industrial park in Manassas for $90M
JK Land Holdings purchased the 240,000-square-foot Redstone Industrial Park in Manassas from Dogwood Industrial, expanding its industrial real estate portfolio.
Alaska contractor to lay off 108 in Arlington
Alaska-based government contractor Bering Global Solutions will lay off 108 employees in Arlington County on June 30.
BAE Systems to lay off 119 employees in Vienna
BAE Systems is laying off 119 employees in Vienna after the company said its contract with the FBI was awarded to another contractor.
Stafford planners recommend approval for Buc-ee’s location
The Stafford County Planning Commission voted 7-3 to recommend approving a rezoning and conditional use permit for Buc-ee's.
Korean Air plans 103 Boeing plane purchases valued at $36.2B until 2039
Korean Air plans to acquire 103 Boeing planes valued at $36.2 billion by 2039, according to a regulatory filing.
Strategy buys $1.6B+ in bitcoin in two weeks
Tysons-based Strategy bought more than $1.6 billion worth of bitcoin over the last two weeks, sticking with its crypto strategy.
Pentagon says it will ramp up war supplies with BAE Systems, other govcons
The Pentagon has reached agreements with BAE, Lockheed Martin, and Honeywell to increase production of defense munitions and systems amid wartime efforts.
NASA cancels Northrop Grumman, Lanteris space station in multibillion-dollar expansion
NASA cancels lunar orbit station to build a $20 billion moon base and plans a nuclear-powered spacecraft for Mars by 2028 under Artemis program changes.
Vienna roadside tech firm to be acquired by Mass. competitor
Vienna-based roadside assistance tech company Urgent.ly will soon be acquired by Massachusetts-based competitor Agero and taken private.
General Dynamics subsidiary lands $15.4B submarine modification
General Dynamics Electric Boat has received a $15.38 billion Navy contract modification for work on Columbia-class submarines.
AIA exec named Construction Industry Round Table president
Robert Corey Clayborne will become president of the McLean-based Construction Industry Round Table (CIRT) April 1.
FCC approves $3.5B sale of Tegna to Nexstar despite state objections
The FCC approved Nexstar's $3.54 billion acquisition of Tegna, expanding its reach to 80% of U.S. TV households despite objections from Democratic-led states and lawsuits.
