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Leidos receives $1.5B DOD task order
Reston-based Fortune 500 government contractor Leidos has received a task order valued up to $1.5 billion to support the Department of Defense with technology to enhance its Command, Control, Computers, Communications, Cyber, Intelligence, Surveillance and Reconnaissance (C5ISR) missions, the company announced Wednesday. Under the contract, Leidos will focus on the rapid insertion of technologies across […][...]
Trader Interactive hires new CFO
Norfolk-based Trader Interactive has named David McMinn its chief financial officer, the company announced Wednesday. The appointment of McMinn comes as Carsales.com Ltd. prepares to close its acquisition of Trader Interactive, an online marketplace for specialty vehicles, this month. Carsales.com Ltd. bought 49% of Trader Inter[...]
Hitachi Energy plans $37M expansion in Halifax County
Hitachi Energy Ltd. will invest $37 million to expand its operation in Halifax County, creating 165 jobs, Gov. Glenn Youngkin announced Wednesday. The technology company will add 26,000 square feet to its existing facility in the county to make space for a new production line of large transformers to support the utility and rene[...]
Forvis promotes exec to Richmond market leader
Forvis, the new top 10 accounting firm formed by the merger this year of Charlotte, North Carolina-based Dixon Hughes Goodman LLP and Springfield, Missouri-based BKD CPAs & Advisor, has promoted Fran Randall to Richmond market leader. Randall will represent the company in the Richmond business community and report to Tom Haz[...]
Hampton Roads Retail Alliance CEO to retire
Hampton Roads Retail Alliance President and CEO Raymond J. Mattes III will retire in February, the organization’s board of directors announced Tuesday. Mattes has served as president and CEO for a dozen years, after rising through the ranks from his start as a manager trainee in 1984. Under his leadership, the organization[...]
Fortis Solutions Group hires chief commercial officer
Virginia Beach-based packaging manufacturer Fortis Solutions Group LLC has named Steve Powers its chief commercial officer, the company announced Monday. Powers joins Fortis from HP Inc. and has been in the printing industry for 30 years, working on the manufacturing and supplier sides of the business. Most recently, he served a[...]
Leonardo DRS wins $579M Army contract
Arlington-based Leonardo DRS Inc. has received a five-year, $579 million contract to make the Army’s next-generation thermal weapons sight, the company announced Monday. The company’s electro-optical infrared systems business will produce the device — a stand-alone, clip-on weapon sight that connects wirelessly to [...]
Sentara Healthcare announces leadership promotions
Norfolk-based Sentara Healthcare Inc. announced a slate of executive leadership promotions Friday, effective immediately. Melinda Hancock, Aubrey Layne and Tim Skeen have all been promoted to executive vice presidents. Hancock was senior corporate vice president and chief administrative officer, and will stay chief administration officer but also become an EVP overseeing internal audit, compliance, legal […][...]
ASGN acquires D.C. cybersecurity firm
ASGN Inc., a Glen Allen-based Fortune 1000 provider of information technology and professional staffing services, has acquired Washington, D.C.-based Iron Vine Security LLC, a cybersecurity company that works with federal clients, ASGN announced Oct. 3. Financial details have not been publicly disclosed. Iron Vine and its team o[...]
DXC in talks with Asian buyout firm
DXC Technology Co. and Baring Private Equity Asia Ltd. are in talks after the Asian buyout firm approached the Ashburn-based Fortune 500 information technology services firm with a potential takeover, Bloomberg reported Tuesday. DXC has been working with advisers after receiving interest from a private equity firm in late Septe[...]
U.S. Navy to open training center in Danville
The Navy on Wednesday launched an additive manufacturing “center of excellence” to train students in defense manufacturing at Danville’s Institute for Advanced Learning and Research, as well as announcing a larger training facility to be built nearby. The center of excellence is part of the 16-week Accelerated [...]
ManTech names new CEO, board after Carlyle buy
Now under the ownership of The Carlyle Group Inc., Herndon-based ManTech International Corp. has a new CEO and a new board of directors, the company announced Monday. Kevin Phillips will retire as CEO and president of the tech contractor and transition to chairman of the board of directors, and Chief Operating Officer Matt Tait [...]
