PNC names new Greater Washington regional president
Pittsburgh-based PNC Financial Services Group Inc. announced Tuesday that Jermaine Johnson will succeed Richard K. Bynum as Greater Washington regional president as of Aug. 1, overseeing the bank’s operations in the greater Washington, D.C., area, including Northern Virginia and surrounding Maryland counties. Currently t[...]
300+ Alexandria small businesses receive COVID-19 funding
More than 300 small businesses in Alexandria were funded by the Alexandria Back to Business (ALX B2B) grants program in the wake of the COVID-19 crisis, the Alexandria Economic Development Partnership (AEDP) announced Thursday. In May, Alexandria City Council committed $2.4 million from its federal CARES Act appropriations, and allocated an additional $2 million from […]
McLean-based MorganFranklin Consulting public practice acquired by BDO
Accounting and advisory firm BDO USA purchased the public sector practice at McLean-based MorganFranklin Consulting, BDO announced this week. The sale, terms of which were not disclosed, will close July 16, according to a news release. MorganFranklin’s public sector practice works with several federal agencies, including the Department of Defense, the Army, the Marine Corps, […]
With late start, Loudoun United shifts its goals
This was supposed to be a big year for soccer in Loudoun County, but like other businesses, Loudoun United FC has needed to adjust its expectations. In late May, the minor league team’s parent company asked the county’s board for deferrals on rent payments for its $25.6 million Segra Field stadium and training center[...]
Firing up Fairfax
By the numbers, Fairfax County should be the envy of every locality. As the headquarters for 11 Fortune 500 companies, the county is home to a large concentration of educated, high-income earners and boasts one of the biggest suburban office markets in the country, second only to Los Angeles. Two years ago, data from the [&helli[...]
Making a difference
As health care systems raced to locate new sources of personal protective equipment during the first months of the COVID-19 pandemic, Virginia’s engineering schools stepped up with innovative plans for manufacturing in-demand PPE. In Roanoke, where the number of COVID-19 cases has remained much lower than Northern, Eastern[...]
The mentor
Gregory Washington, the new president of George Mason, “embodies our university,” says Thomas M. Davis, rector of the school’s governing Board of Visitors. How? In just about every way possible, both personally and professionally, say Davis and others. Mason’s stated mission is to provide “equal opportunity and[...]
Richmond Airport CEO named secretary, treasurer of American Assoc. of Airport Executives
The Alexandria-based American Association of Airport Executives (AAAE) announced Friday its 2020-21 leadership board, which includes Richmond International Airport President and CEO Perry Miller, who was tapped as the organization’s secretary and treasurer. Kelly Campbell, executive director of aviation at the Lubbock Pr[...]
Loudoun County funds 400 additional small businesses
Loudoun County Economic Development on Tuesday randomly selected 400 local small businesses to each receive $5,000 COVID-19 Business Interruption Fund grants, totaling $2 million. The funding was allocated from the $36.1 million in federal funding to Loudoun County from the Coronavirus Aid, Relief and Economic Security (CARES) A[...]
Reston security firm acquired by French company
Reston-based managed security firm Paladion will be acquired by Bezons, France-based information technology company Atos. A transaction amount was not disclosed. “We found with Paladion a mature team and advanced technology built to deliver outcomes and reduce customers risks,” Pierre Barnabé, Atos senior executive vice president and head of big data and cybersecurity, said in […]
Arlington stock media company acquired by Boston firm
Arlington-based stock media company Storyblocks will be acquired by Boston-based private equity firm Great Hill Partners, the companies announced Thursday. A transaction amount was not disclosed. “We have seen dramatic changes to workflows for customers ranging from freelancers to small businesses to major production studios in recent years as they adapt to an ever-increasing demand […][...]
McLean company to send six satellites into orbit
Los Angeles-based aerospace manufacturer Relativity Space announced Wednesday that McLean-based Iridium Communications Inc. has signed a contract to deliver up to six of Irdium’s satellites into orbit. Iridium currently operates a network of 66 satellites used for mobile voice and data communications. A contract amount was[...]