Sign In
Free Newsletter
Amazon eyes Caroline, Spotsylvania for 11-building data center campus
Amazon is seeking federal and state permits to build an 11-building data center campus in Caroline and Spotsylvania counties. The e-commerce giant’s Amazon Data Services subsidiary sent a joint permit application last week to the U.S. Army Corps of Engineers. Amazon plans to build the campus directly southeast of the Inter[...]
Capital One, Discover shareholders approve $35.3B acquisition
The proposed $35.3 billion blockbuster acquisition of Discover Financial Services by Capital One Financial has been approved by each company’s shareholders, the credit card giants announced Tuesday. Stockholders representing 85.1% of the total number of outstanding shares of Capital One common stock were in favor of the ac[...]
Boeing to lay off about 200 workers in megarocket program
Arlington County-based Fortune Global 500 aerospace and defense giant Boeing plans to lay off about 200 employees working on NASA’s Space Launch System program in anticipation of potential program cuts or cancellation. The company previously expected to eliminate about 400 positions in the program by April, according to Bl[...]
Derivatives exchange to add 33 jobs in Fairfax
Nodal Exchange, a derivatives exchange, will invest $300,000 to expand its Fairfax County operations, adding 33 jobs, Gov. Glenn Youngkin announced Wednesday. “Nodal Exchange’s expansion in Fairfax County demonstrates Virginia’s ability to attract and retain global financial technology leaders,” Youngk[...]
Leidos names new chief growth officer
Reston-headquartered Fortune 500 federal contractor Leidos announced Wednesday that it‘s promoting Jason Albanese to corporate executive vice president and chief growth officer, effective March 3. Currently senior vice president of growth for the company’s National Security sector, Albanese is succeeding Gerry Fasano[...]
Northrop Grumman receives two contracts totaling $1.4B
Northrop Grumman has received two air and missile defense contracts worth a combined $1.4 billion, the Falls Church-based Fortune 500 government contractor announced last week. The contractor received two contracts from the U.S. Army and Poland. Under the $481 million, five-year contract from the Army’s Aviation Missile Te[...]
HII’s CEO doesn’t expect major defense spending cuts under Trump
President Donald Trump’s suggestion last week that he could cut U.S. defense spending in half spooked the stock market — but the CEOs of Virginia’s Huntington Ingalls Industries and Science Applications International Corp. are taking Trump’s statement in stride. Thursday afternoon, Trump said, “One of t[...]
Reports of NoVa housing market’s demise are greatly exaggerated, experts say
“See the rats run,” a Facebook post put up Saturday reads. It‘s illustrated with a map purportedly of Arlington County — a map covered with dozens of ovals indicating where houses are on the market. Many of the ovals are labeled “coming soon” or “new.” In the wake of President Donald Trump and Elon Musk’[...]
Jan. housing inventory, prices increase in NoVa, Hampton Roads
Housing sales last month increased year-over-year in Northern Virginia but dropped in Hampton Roads, although inventory and sales prices rose in both regions. Northern Virginia Home sales, prices and inventory in Northern Virginia rose year-over-year in January, according to Northern Virginia Association of Realtors data release[...]
Status of federal agency’s lawsuit against Capital One unclear
A lot has happened since Jan. 20, as the Trump White House employs “shock and awe” tactics at lightning speed. Among the consequences is the shutdown of the Consumer Financial Protection Bureau, a government watchdog over private industry. Specifically, the CFPB’s pause in work leaves in question a major federa[...]
Peraton taps new senior vice president of talent acquisition
Reston-based federal contractor Peraton has selected Dana Pittman to be its new senior vice president of talent acquisition. Pittman, who has almost three decades of experience in talent management and recruiting, made the announcement in a post on LinkedIn, saying she’s “grateful to friends and family for their unwaveri[...]
Loudoun County advances changes to data center regulations
Loudoun County has 117 data centers in the pipeline, but its Board of Supervisors is considering substantial changes to how the county regulates the booming industry due to growing concerns from residents. A board vote this week moved the issue forward, with a second vote expected in March to deal with expectations for pending d[...]
