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Mark Eschle helped Wize Solutions establish its grant-supported two-person apprentice program. Photo by Earl Neikirk
Nov 29, 2021

Grant program helps fund rural IT apprenticeships

Jonathon Evans graduated in May with a computer science degree and a desire to stay in his hometown, Abingdon. Fortunately for him, information technology company Wize Solutions LLC was seeking apprentices through a targeted state program that alleviates the cost of hiring and training employees new to the technology field. “I[...]

River Roads Jet Boats Co. co-owner Mason Basten wants to remain in Amherst County but his business needs room to grow. Photo by Meridith De Avila Khan
Nov 29, 2021

Industrial space gets boost in Amherst

Amherst County has received a $3 million federal grant to attract manufacturing firms with a new 45,000-square-foot, $4.6 million industrial facility. In September, the U.S. Department of Commerce announced that it awarded a $3 million grant to the county Economic Development Authority to build a new county-owned facility, with [...]

A new Pentagon City master plan aims to increase density through new requirements on property owners. Photo by Will Schermerhorn
Nov 29, 2021

Pentagon City plan aims for higher density

A major study that will shape the future of Pentagon City is entering  its final stages. The Arlington County urban village has grown from empty fields and warehouses in the 1950s to become one of the Washington, D.C., area’s busiest neighborhoods. With construction plans now under community review for Amazon.com Inc.R[...]

England-based Radical Sportscars plans to build race cars in Martinsville. Photo courtesy Radical Sportscars
Nov 29, 2021

UK race car maker taps into Martinsville talent

College students in Martinsville can get on the fast track to careers with British race car manufacturer Radical Sportscars. In May, the Peterborough, England-based company opened its first U.S.-based sales office at Patrick & Henry Community College’s Manufacturing and Engineering Technology Complex, close to the scho[...]

Mitre elects next chairman
Nov 29, 2021

Mitre elects next chairman

The Mitre Corp.’s Board of Trustees elected Mike Rogers as chairman, the McLean- and Bedford, Massachusetts-based nonprofit announced Nov. 16. Rogers joined Mitre’s board in 2016 and has served as vice chairman since 2018. “Mike’s vast national security expertise and experience help strengthen MITRE’[...]

University of Virginia Darden School of Business Photo by Sam Levitan
Nov 29, 2021

U.Va. Darden takes 9th in Bloomberg MBA program ranking

The University of Virginia’s Darden School of Business tied for No. 9 out of 84 U.S. schools in the 2021-2022 Bloomberg Businessweek Best B-Schools MBA list, released this week. The Darden School dropped from the No. 4 slot that it earned in 2019 and tied with The Wharton School of the University of Pennsylvania this [&hel[...]

Richmond pharma company Kaléo acquired
Nov 29, 2021

Richmond pharma company Kaléo acquired

New York-based Marathon Asset Management LP announced Monday it has entered into a definitive agreement to acquire Richmond-based privately held pharmaceutical company Kaléo Inc., which is known for making injectors to treat allergic anaphylaxis and opioids overdoses. The total base purchase price is approximately $310 million [...]

SAIC wins $126M Army task order
Nov 29, 2021

SAIC wins potential $1.11B Navy contract

Reston-based Fortune 500 government contractor Science Applications International Corp. (SAIC) won an up to $1.11 billion contract with the U.S. Navy, the U.S. Department of Defense announced last week. Under the fixed-price incentive, firm-fixed-price and cost-plus-fixed-fee $123.68 million contract, SAIC will provide MK 48 Mod[...]

The Who's Roger Daltrey and Pete Townshend
Nov 24, 2021

The kids are getting better

Richmond-based health care company StageZero Life Sciences Ltd. has teamed up with a nonprofit started by legendary The Who frontman Roger Daltrey to improve diagnosis and survival rates of teens and young adults with cancer. StageZero developed Aristotle, an mRNA multicancer panel that screens for several types of cancer in a s[...]

Nov 23, 2021

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[...]

Nov 23, 2021

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 […][...]

Nov 23, 2021

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 […][...]

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