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‘Inferiority complex’ no more
As recently as 30 years ago, few people would have imagined that Fairfax County would grow to contain one of the most robust technology ecosystems in the nation, with thousands of tech-fueled firms, fed with workers trained by some of the state’s top universities. Bruce Caswell, president and CEO of McLean-based federal tech c[...]
Oransi launches U.S.-made air purifiers from Radford
By the end of 2023, portable air purifier maker Oransi hopes to have products on the market designed and manufactured in its new Radford facility. It’s the second attempt by CEO Peter Mann to build an American-made HEPA (high energy particulate air) air purifier since founding Oransi in 2009. After initially selling China-made[...]
U.Va. leads Pentagon hypersonic project
Like a “Top Gun” fighter pilot, Christopher Goyne feels the need for speed. Goyne directs the University of Virginia’s Aerospace Research Laboratory and leads a new team developing hypersonic engines that will enable more maneuverable missiles, jets and — eventually — spacecraft via a $4.5 million Department of Defense[...]
Wholesome Foods to expand in Shenandoah County
Wholesome Foods Inc. will expand its meat processing operation in Shenandoah County by adding a new, USDA-inspected slaughter facility with a $1.2 million investment, creating 12 jobs, Gov. Glenn Youngkin announced Thursday. Nearly all the livestock used at the new facility will be sourced from Virginia farms, according to Youngkin’s office. “We are excited to […]
State industrial fund awards $24.7M to projects
The governor announced more than $24.7 million in Industrial Revitalization Fund grants going to construction projects across Virginia on Tuesday, including Danville’s White Mill, South Boston’s John Randolph Hotel and other historic properties. “The transformation of older, vacant or blighted structures into produ[...]
General Dynamics’ Electric Boat lands $5.1B submarine contract
General Dynamics Corp.’s Groton, Connecticut-based Electric Boat Corp. has received a $5.1 billion contract modification for the Columbia-class ballistic-missile submarine program, the Pentagon announced Wednesday. The contract includes missile long-lead material and missile tube manufacturing, advance procurement and cons[...]
Raytheon contracts include radar surveillance for Taiwan
Arlington County-based Raytheon Technologies Co. was awarded two large contracts this week to help sustain a foreign surveillance radar program and for the continued production and delivery of its AIM-9X Sidewinder missile, the Pentagon announced this week. Under a $412.6 million Air Force contract announced Wednesday, Raytheon will provide continued sustainment to the Taiwan Surveillance […][...]
Perspecta receives $342M TSA contract
Perspecta Enterprise Solutions LLC, a subsidiary of Herndon-based government contractor Peraton, has received a contract worth up to $342.7 million to operate, maintain and improve the Transportation Security Administration’s IT equipment, services and processes, the company announced Wednesday. Chantilly-based Perspecta will support as many as 85,000 employees, contractors and support personnel at domestic and international [&hel[...]
Sentara invests $11M in Newport News revitalization
Sentara Healthcare invested $11 million in Newport News’ Marshall-Ridley Choice Neighborhood revitalization initiative, the Norfolk-based health system announced Wednesday. Sentara is providing $11 million in loan financing support for the project’s second phase, which focuses on the former Ridley Place neighborhood. The pro[...]
Richmond receives 5 proposals for City Center project
Five groups of developers sent in proposals to redevelop Richmond’s newly rebranded City Center Innovation District, a 9.4-acre downtown area that includes the closed Richmond Coliseum, the Richmond Economic Development Authority and the Greater Richmond Convention Center Authority announced Wednesday. An evaluation panel [...]
Hilb Group acquires Ga. insurance agency
Henrico County-based insurance company The Hilb Group LLC announced Tuesday it had acquired Georgia-based Gillman Insurance Problem Solvers. Financial terms of the acquisition, which became effective Dec. 1, were not disclosed. “Joining The Hilb Group allows us to build further upon our long-standing, dedicated focus on ou[...]
SWVA child care initiative receives $1.24M grant
The New River/Mount Rogers Workforce Development Board will receive $1.24 million in grant funding for Ready SWVA, a child care initiative launched by United Way of Southwest Virginia, Gov. Glenn Youngkin announced Monday. The United Way chapter launched Ready SWVA in December 2021 to expand access to affordable child care, stre[...]
