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Aug 3, 2021

Leidos wins $600M contract to support Army Geospatial Center

Reston-based Fortune 500 government contractor Leidos Holdings Inc. won a U.S. Army contract worth an estimated $600 million if all options are exercised, the company announced Monday. Under the single-award contract, which has a one-year base with three one-year options, Leidos will support the Army Geospatial Center’s (AGC) [...]

Aug 3, 2021

Huntington Ingalls Industries lands $346M contract to assist U.S. Africa Command

Newport News-based Huntington Ingalls Industries’ Technical Solutions division won a contract with a potential value of $346 million to provide personnel recovery and casualty evacuation services for the Department of Defense’s U.S. Africa Command (USAFRICOM) and partner nations, it announced Monday. The One Acquisition [...]

Aug 2, 2021

Clarabridge to be acquired by Utah firm in $1.13B deal

Reston-based software company Clarabridge Inc. is being acquired by Provo, Utah-based data analytics firm Qualtrics International Inc. in a nearly $1.13 billion all-stock deal, the companies announced Thursday. Clarabridge’s platform uses artificial intelligence to provide conversational analytics — it is able to analyze cus[...]

Aug 2, 2021

Telos Corp. acquires Alabama biometric software company

Ashburn-based cybersecurity firm Telos Corp. has acquired Alabama-based biometric software company Diamond Fortress Technologies Inc., Telos announced Monday. Financial terms of the transaction were not disclosed. The acquisition adds patents to Telos’ biometric and digital identity intellectual property. Telos will integrate DFT’s ONYX software into its platform. ONYX is a touchless fingerprinting software that uses […][...]

Jul 30, 2021

Two Hampton Roads car washes sell for $1.6M

Two Solar Wash Inc. car wash locations in Hampton Roads sold for $1.6 million, S.L. Nusbaum Realty Co. announced Wednesday. Located at 910 W. Washington St., the Suffolk property has five self-service bays, seven vacuum bays and a fully automatic, soft touch station. The Franklin location, found at 1021 Armory Drive, has seven v[...]

Jul 30, 2021

Chesterfield EDA eyes mixed-use project at Spring Rock Green

The Chesterfield County Economic Development Authority has proposed purchasing Spring Rock Green — a 42-acre property on the northwest corner of Midlothian Turnpike, near Chippenham Parkway — for $16 million to create a mixed-use development. The property is located between the Stonebridge Shopping Center and The Boulder’s[...]

Delays in Silver Line Phase 2 could see the 23-mile Metro extension postponing its early 2022 launch target. Photo by Will Schermerhorn
Jul 30, 2021

Silver Line will miss Labor Day target

Problems plugging Silver Line Phase 2 into the rest of the Washington transit system are delaying the project’s transfer from the Metropolitan Washington Airports Authority to the Washington Metropolitan Area Transit Authority (WMATA). The transfer’s target date was Labor Day, but it’s not clear how long the transfer will [...]

Mike McGalliard is executive director of Yellow, Pharrell Williams’ educational nonprofit, which is launching a STEM “micro-school” in Norfolk. Photo by Mark Rhodes
Jul 30, 2021

Norfolk ‘micro-school’ will prep kids for future work

Music superstar Pharrell Williams’ educational nonprofit, Yellow, will be opening a new, independent “micro-school” with a focus on STEM and workforce preparation this fall in Norfolk’s Ghent neighborhood. The school, Yellowhab, is intended to be the first of a network of small schools. “We want to add more schools in [...]

Shentel Chief Operating Officer Ed McKay assisted with the company’s transition out of the wireless business this year. Photo courtesy Shenandoah Telecommunications Co.
Jul 30, 2021

Now shed of wireless assets, Shentel embraces broadband

Shenandoah Telecommunications Co., or Shentel, sold its wireless assets in July to T-Mobile USA Inc. for $1.94 billion, leaving the Edinburg-based company with approximately $1.25 billion in proceeds after paying off outstanding loans and ending contracts. The sale is an outgrowth of Shentel’s former wireless affiliate contrac[...]

“If you don’t have broadband, it’s going to be hard to drive technology jobs,” says Sonu Singh, CEO of Reston-based 1901 Group. Photo by Stephen Gosling
Jul 30, 2021

State pushes broadband expansion into overdrive

Early in his administration, Gov. Ralph Northam proposed an ambitious goal: achieving universal broadband connectivity statewide by 2028. In May and July, Northam and General Assembly leaders announced plans to speed up that timeline; instead, they aim to deliver broadband to most of Virginia in 18 months using $700 million from[...]

The White Mill, which formerly housed Dan River Mills operations, is now set for a mixed-use commercial and residential project. Photo by Hannah King
Jul 30, 2021

Danville’s White Mill gets second chance

The $62.5 million, first-phase redevelopment of Danville’s White Mill into a mixed-use commercial and residential project on the Dan River marks a new beginning for the former textiles factory that was the most visible symbol of the city’s economic decline. “It has become an eyesore and a reminder of the loss of our major [...]

As work on the East Coast’s largest wind farm progresses, Virginia leaders hope the state will become a supply chain hub. Photo by Mark Rhodes
Jul 30, 2021

Richmond to host North American offshore wind conference

The Business Network for Offshore Wind’s International Partnering Forum (IPF) — North America’s largest offshore wind conference — will be held in Richmond Aug. 24-26. The forum will connect global industry leaders to businesses in Virginia and beyond that support the construction and operation of offshore wind farms. Wi[...]

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