Mount-It! to invest $7.45M in Prince George operation
Gov. Ralph Northam announced Thursday that mounting solutions distributor Mount-It! will invest $7.45 million to establish its first East Coast warehouse and distribution facility in Prince George County, creating 85 jobs. Mount-It!, which provides more than 500 types of mounting products, will be located in the former Quality Way building in Prince George County. Virginia […]
GSA awards Northrop Grumman $690M task order
The U.S. General Services Administration (GSA) has awarded Falls Church-based Fortune 100 defense contractor Northrop Grumman Corp. a $690 million task order to develop a suite of data systems for the Defense Intelligence Agency (DIA). Under the contract awarded by the GSA’s Federal Systems Integration and Management Center (F[...]
General Dynamics lands $1.22B Army air defense contract
The U.S. Army awarded Reston-based Fortune 100 defense contractor General Dynamics Corp.’s land systems division a potential five-year, $1.22 billion contract to manufacture and test systems that are designed to destroy, neutralize or deter low-altitude aerial threats, the Department of Defense announced Wednesday. Under the c[...]
Virginia National, Fauquier banks to merge
The parent holding companies of Virginia National Bank and The Fauquier Bank will merge under the Virginia National brand into a combined bank with $1.6 billion in total assets. Charlottesville-based Virginia National Bankshares Corp. and Warrenton-based Fauquier Bankshares Inc. have signed a definitive merger agreement, the banks announced Thursday. The combined company will have approximately $1.4 […][...]
Fairfax peanut butter maker will open manufacturing facility
OmMade Peanut Butter, an all-natural peanut butter brand created by a Fairfax County woman, will build a manufacturing operation in the county, investing $300,000 and creating five jobs, Gov. Ralph Northam announced Wednesday. Owner Radhika Murari, who sells her products online and at area Whole Foods grocery stores, plans to source 30,000 pounds of peanuts […]
Arlington tech firm launches ransomware negotiation service
Arlington-based threat intelligence company GroupSense on Tuesday launched a new service to help companies dealing with ransomware attacks. The ransomware negotiation service will allow GroupSense to help during the negotiation process with hackers. During ransomware attacks, rogue software can block access to programs and data until a payment is made to hackers. “Enterprises need to […][...]
Ex-WMATA official sentenced in federal fraud case
A former assistant superintendent of Washington Metropolitan Area Transit Authority (WMATA) was sentenced Tuesday to 14 days of incarceration and two years of supervised release after conspiring with a former pro football player to defraud the transit authority of more than $300,000. In January, Kirby Smith pleaded guilty to violating federal law by supplementing his […]
This burg has grown
Three-term incumbent Fredericksburg Mayor Mary Katherine Greenlaw recalls when her city moved at a slower pace, as did surrounding Spotsylvania and Stafford counties. All that has changed, profoundly. Fredericksburg’s population has jumped by more than 50% during the past 20 years, from 19,279 in 2000 to an estimated 29,036 in[...]
The mother of innovation
Don’t try to be something you’re not. That’s one way to sum up the approach that Troy Paino has taken to guiding the University of Mary Washington in Fredericksburg since assuming the school’s presidency in July 2016. “I knew as an outsider that Virginia had a crowded and competitive marketplace for higher education,�[...]
Driverless shuttle starts tests in Fairfax County
Fairfax County and Dominion Energy Inc. began testing a 13-foot autonomous, electric shuttle this summer, a first step toward driverless public transit between Metro stations. The EZ10 shuttle nicknamed “Relay,” built by French manufacturer EasyMile and owned by Dominion, is expected to hit the road this fall between the Dun[...]
DXC Technology announces leadership overhaul
Only one year after CEO Mike Salvino took the reins, Tysons-based Fortune 500 IT company DXC Technology on Monday announced a major leadership overhaul, including naming new heads of its Americas, Asian Pacific and Europe, Middle East and Africa business segments, among others. Salvino announced the following appointments and [...]
Centreville defense contractor wins $50.6M contract
Centreville-based Parsons Corp. has received a $50.6 million, six-year contract contract from the U.S. Air Force for 13 ground vehicles that clear mines and unexploded ammunition, the company announced Oct. 1. The military branch awarded Parsons the contract Sept. 23, with a completion date of Sept. 2023. The vehicles are known as RADBO, or Recovery […]