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Northrop Grumman raises 2026 forecasts on strong weapons demand
Northrop Grumman raised its 2026 sales and profit forecasts driven by strong weapons demand amid geopolitical conflicts and expanded production capacity.
Capital One defeats lawsuit alleging excessive credit card rates
Capital One defeated a class-action lawsuit in Maryland federal court over alleged excessive credit card interest rates charged in Virginia.
Hepburn and Sons to invest $18.1M in Prince William, creating 80 jobs
Hepburn and Sons will soon invest $18.1 million to establish a new corporate headquarters in Prince William County, creating 80 jobs.
ASRC Federal names new CEO, as Felix steps down
ASRC Federal, the Reston-based federal contractor and subsidiary of Arctic Slope Regional, has a new president and CEO, Mike Manzo.
Arlington Court House-area high rise sells for $216M
Boston-based GID paid about $216 million for The Commodore, a 423-unit Arlington apartment tower now rebranded Windsor Courthouse.
Peraton promotes acting CFO to permanent role
Peraton announced Wednesday that acting Chief Financial Officer Salim Omar has been named the company's permanent CFO, effective June 20.
Boston firm buys Featherstone Industrial Park for $132M
TA Realty has purchased the 734,606-square-foot Featherstone Industrial Park in Woodbridge for $132 million.
Medical Faculty Associates plans to terminate 105 Virginia workers
Medical Faculty Associates plans 105 Virginia layoffs as it transitions most clinical services to Capital Medical Group.
CoStar taps European managing director as next CFO
CoStar Group on Monday announced that it has appointed Robin Rossmann to be its new chief financial officer, effective July 31.
Youngkin takes chairman role at Red Cell Partners
Former Virginia Gov. Glenn Youngkin joined Red Cell Partners as partner and chairman of the technology venture studio.
EY names 7 Virginians Mid-Atlantic Entrepreneurs of the Year
Seven Virginia business leaders have been named winners of Ernst & Young's Mid-Atlantic Entrepreneur of the Year Award for 2026.
Serco CEO is leaving to lead KBR spinoff
Serco CEO Michael LaRouche is leaving the company to lead the planned spinoff of KBR's Mission Technology Solutions business.
