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Hampden-Sydney College receives three donations totaling $12.25M
Hampden-Sydney College has received donations of $11 million, $1 million and $250,000 in support of its science programs and science center under construction, the college announced Thursday. “While the college has emphasized the sciences since its founding, the need for a state-of-the-art science facility and for all Hampden-Sydney students to graduate with a high degree […]
ManTech to acquire D.C. tech firm for $350M
Herndon-based tech contractor ManTech International Corp. announced Monday that it has signed a definitive agreement to acquire Washington, D.C.-based Gryphon Technologies from Boca Raton, Florida-based AE Industrial Partners for $350 million. Gryphon Technologies provides digital and systems engineering capabilities for U.S. Department of Defense agencies, including predictive analytics, data science and cloud engineering. “This acqu[...]
George Mason University launches Race, Politics, and Policy Center
George Mason University‘s Race, Politics, and Policy Center launched Monday. American philosopher, author and political activist Cornel West will be its inaugural spring lecturer on April 14. GMU’s Schar School of Policy and Government professor Michael Fauntroy founded the center after returning to GMU from Howard U[...]
Joint venture with BWXT subsidiary wins potential $21B DOE contract
A team including a subsidiary of Lynchburg-based nuclear components and fuel supplier BWX Technologies Inc. (BWXT) won a U.S. Department of Energy contract with an estimated ceiling of $21 billion, the supplier announced Thursday. The DOE’s Office of Environmental Management awarded the 10-year Savannah River Site Integrated Mission Completion Contract to Savannah River Mission Completion […][...]
BAE Systems makes splash with potential $478M Navy contract
Arlington-based defense contractor BAE Systems Inc. has won a U.S. Navy contract worth up to $478 million if all options are exercised, the company announced Oct. 27. Under the five-year Systems Engineering and Integration Support Services contract, BAE Systems will continue supporting the U.S. Navy Strategic Systems Programs (SSP) office. The SSP oversees the Strategic […]
Richmond apartment building sells for $27M
A 157-unit apartment building in Richmond sold for $27.25 million, Minneapolis, Minnesota-based real estate broker NorthMarq announced Wednesday. Located at 308 N. Nansemond St., the three-story property known as The Gallery Midtown was built in 1938. The previous seller, Richmond-based Spy Rock Real Estate Group, renovated the [...]
Shenandoah Community Capital Fund to get $1M as part of federal program
The Shenandoah Community Capital Fund (SCCF) will receive $1 million in American Rescue Plan funding as part of the Community Navigator Pilot Program, the U.S. Small Business Administration announced Thursday. The program is an initiative meant to reduce barriers that small businesses, especially those owned by veterans, women, people from rural communities and communities of […]
Amazon HQ2 budget, square footage are growing
Nearly three years after Amazon.com Inc. tapped Arlington as the home for its multibillion-dollar East Coast headquarters, construction is well underway, with the global e-tailer already hiring more than 3,000 Amazon HQ2 employees. Since the project was announced, three numbers have stood out: 25,000 jobs, 4 million square feet [...]
Va. Tech complex to house biz programs
Fall visitors to Virginia Tech are likely to spot laborers hard at work on the university‘s Data and Decision Sciences building, the first of four buildings that will make up the university’s Global Business and Analytics Complex (GBAC) — classroom and living spaces centered around using data to address problems fa[...]
Breeze Airways takes off in Norfolk
Breeze Airways has been flying out of Norfolk International Airport less than six months, but the startup is steadily attracting passengers eager to satisfy their pent-up wanderlust. Founded by aviation entrepreneur David Neeleman, the Salt Lake City-based airline began offering nonstop, low-cost flights out of 16 cities last sp[...]
Inspiration strikes in coworking space
It’s ironic that the Staunton Innovation Hub, a coworking center, opened its largest phase amid a global pandemic that sent many workers home, away from shared workspaces. “The pandemic certainly created its own set of challenges in terms of opening a coworking space,” says Peter Denbigh, who founded the hub with his e[...]
Program aims to boost Latino entrepreneurship
Arlene Guzman had a small restaurant in Puerto Rico, but “I never felt like I had the training” to be an entrepreneur, she says through a bilingual interpreter. “This is why I sought this opportunity.” A mother of two and grandmother of two, the 52-year-old Richmond-area resident is in the inaugural class of RichmondR[...]
