Sign In
Free Newsletter
BlueHalo acquires Md. software company
Arlington-based tech contractor BlueHalo announced Tuesday that it had acquired Annapolis Junction, Maryland-based software solutions provider Asymmetrik Ltd. Financial details of the transaction were not disclosed. Founded in 2008, Asymmetrik develops software solutions and technology tools to enable the intelligence community’s programs. It delivers open-source intelligence technologies to enable the collection and analysis of p[...]
Northrop Grumman promotes next president of space systems sector
Tom Wilson will be promoted to corporate vice president and president of space systems for Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. on Jan. 1. “Tom’s leadership experience and achievements in the national security, civil and commercial space markets make him ideally suited for his new role,” Kathy Warden, Northrop Grumman’s […][...]
M.C. Dean secures $250M Washington HQ Services contract
Tysons-based electrical engineering firm M.C. Dean Inc. won a $250 million contract with the Washington Headquarters Services in Arlington, the U.S. Department of Defense announced Thursday. Under the firm-fixed price, indefinite delivery, indefinite quantity Pentagon Force Protection Agency Integrated Security Services Contract, M.C. Dean will provide a total system approach for providing integrated electronic and […][...]
GDIT wins $829M Defense Intelligence Agency contract
Falls Church-based General Dynamics Information Technology Inc. (GDIT) won an $829 million contract with the Defense Intelligence Agency (DIA), the U.S. Department of Defense announced Monday. Under the fixed-price, award-fee task order, the Fortune 500 General Dynamics Corp. subsidiary will provide all IT help desk services for[...]
Former LeClair Ryan execs reach $10M settlement
Former executives at Richmond-based LeClair Ryan PLLC have reached a settlement with the firm’s insurer and bankruptcy trustee over $10 million in pending claims, according to a report from The American Lawyer. The firm’s liability insurer, Columbia Casualty, agreed to pay the firm’s trustee, Lynn Tavenner, $9.425 million to resolve claims including conspiracy and breach […][...]
Roanoke biz to create 30 jobs in Scott County
Roanoke-based VFP Inc. will invest $7.2 million to expand in Scott County, creating 30 jobs, Gov. Ralph Northam announced Monday. The expansion will allow VFP to produce larger concrete shelters. “Great workers live in Southwest Virginia, and companies like VFP recognize that,” Northam said in a statement. “Virginia is adv[...]
Dominion reports increases in diverse hiring over past 5 years
Dominion Energy Inc. released its first public diversity, equity and inclusion report on Friday, reporting increases in gender and racial diversity among employees hired between 2016 and 2020. With a goal of reaching 40% in diverse workforce representation — meaning hires of women and non-white people — by 2026, the Richmond[...]
BWXT to invest $65M in new Campbell County campus
Lynchburg-based nuclear components and fuel supplier BWX Technologies Inc. (BWXT) will build out and upfit a center for manufacturing and research and development adjacent to its Campbell County facility, creating 97 jobs, Gov. Ralph Northam announced Friday. The Fortune 1000 company plans to invest $65 million over the next thr[...]
Springfield office building sells for $29.3M
The Springfield Corporate Center office building sold for $29.3 million, New York-based real estate company Newmark Group Inc. announced Wednesday. Located at 6225 Brandon Ave., the five-story building is 138,830 square feet. The building was constructed in 1988 and renovated in 2014 and 2015 in a $2.7 million program. The prope[...]
Henrico County retail property sells for $31M
A Baltimore-based real estate developer has purchased The Row at GreenGate, a retail property in the Short Pump area of Henrico County, for $31 million, Colliers International announced Thursday. The 100,000-square-foot property at 12151 W. Broad St. was bought by DK Greengate LLC, an entity connected to Klein Enterprises, which[...]
Divaris to be Norfolk’s World Trade Center leasing agent
The new ownership of the World Trade Center in Norfolk selected Divaris Real Estate Inc. (DRE) as its management and leasing agent, the brokerage firm announced Tuesday. “We are both delighted and honored to have been appointed to handle the management and leasing of the World Trade Center building on behalf of the new ownersh[...]
SCC approves Dominion settlement, refunding $330M to customers
The State Corporation Commission approved a settlement with Dominion Energy Virginia in which the Richmond-based utility will refund customers $330 million and reduce rates annually by $50 million, the SCC announced Thursday. For a residential customer using 1,000 kilowatt hours per month, the rate reduction will result in a dec[...]
