Leidos to partner with Project HOPE to aid Ukraine
As Russia began its invasion of Ukraine in February, Leidos employees took to an internal blog and emailed senior executives to demonstrate support for the Eastern European nation. CEO Roger Krone remembers one employee who had family in the country and wanted to get them out. Six months later, the Reston-based Fortune 500 defen[...]
Va. hotel revenues up slightly over 2019
Northern Virginia’s hotel market continues to be a drag on the lodging industry’s performance in the commonwealth as a whole, according to recently released data from STR Inc., a division of CoStar Group Inc. that provides market data on the U.S. hospitality industry. The latest data show rooms sold decreased by 4.6%[...]
U.Va. program guarantees job interviews for certificate students
The University of Virginia is partnering with companies to guarantee job interviews for some certificate students. The program comes from an agreement between U.Va’s School of Continuing and Professional Studies, which offers part-time, online programs, and various employers. It is designed to improve the workforce pipelin[...]
Outgoing chamber leaders honored by state association
The Virginia Association of Chamber of Commerce Executives has honored two retiring leaders with lifetime achievement awards. Prince William Chamber of Commerce President and CEO Debbie Jones and Roanoke Regional Chamber of Commerce President and CEO Joyce Waugh received the awards during the VACCE’s 2022 executive leaders[...]
Rolls-Royce wins $1B Navy contract
Reston-based Rolls-Royce North America has received a contract totaling more than $1 billion to support the engines that power the Navy’s fleet of T-45 Goshawk training jets. The Pentagon announced the award Thursday, naming Indianapolis-based Rolls-Royce Corp. as the recipient. Rolls-Royce Corp. falls under the British ae[...]
SAIC receives $319M Air Force contract
Reston-based Fortune 500 contractor Science Applications International Corp. (SAIC) has received a $319 million contract to modernize and maintain the Air Force’s Falconer weapon system, the company announced Wednesday. Under the Falconer Air Operations Center Weapon System Sustainment contract, an SAIC team will work wit[...]
Fluence announces next CEO, president
Julian Nebreda will become Arlington-based energy storage and digital applications company Fluence Energy Inc.’s president and CEO on Sept. 1. Nebrada succeeds Manuel Pérez Dubuc, who will step down on Aug. 31. Nebreda has been a Fluence board member since September 2021 and was most recently executive vice president and pres[...]
July NoVa home sales drop 29% from 2021
As price growth slowed and inventory increased slightly, Northern Virginia housing sales dropped 28.8% in July compared with last year, according to a Northern Virginia Association of Realtors report published Friday. “More options are available to homebuyers now that the market is calming. It remains a seller’s market, but [...]
DISYS hires new CFO
McLean-based staffing firm Digital Intelligence Systems LLC (DISYS) has tapped Mike Leroy as its new chief financial officer, effective Aug. 22. Leroy will oversee financial operations and management for DISYS and Signature Consultants, a Florida-based IT staffing firm that DISYS acquired in April 2021. “When we combined DISYS[...]
NoVa distillery to expand, create 42 jobs
Prince William County-based MurLarkey Distilled Spirits will invest $8.1 million to move and expand its operations, with plans to create 42 new jobs over the next three years, Gov. Glenn Youngkin announced Thursday. MurLarkey will leave Bristow and establish a large new distillery and tasting room on the Manassas campus of Farm Brew Live, a […]
Guidehouse consolidates national security, defense segments
McLean-based Guidehouse is consolidating its national security and defense units, the global management consulting firm announced Monday. Ed Meehan, who has led the company’s defense unit, will become chief growth officer for Guidehouse. Meehan has worked in the public and commercial sectors, and has delivered digital tr[...]
Axios to be sold to Cox Enterprises for $525M
Axios Media Inc., the Arlington-based digital media company and news outlet, announced Monday it will be sold to investor Cox Enterprises Inc. for $525 million in a deal reached Sunday. The company is expected to reach $100 million in revenue this year, it says. According to Axios, its three co-founders — CEO Jim VandeHei, Pre[...]