39 Virginia companies make 2021 Fortune 1000 list
Thirty-nine Virginia-based companies made Fortune magazine’s 67th annual Fortune 1000 list, which was released Wednesday. The list ranks the 1,000 largest United States corporations by total revenue. Twenty-two companies made the elite Fortune 500 list, including Fortune 500 newcomer CACI International Inc., which was ranked at No. 473 this year. It was ranked No. 549 […]
Accenture Federal Services to acquire Novetta
Arlington-based Accenture Federal Services (AFS) has entered into an agreement to acquire Novetta, a McLean-based federal contractor specializing in advanced analytics, machine learning, cyber services and cloud engineering. Terms of the transaction, which is subject to regulatory review, were not disclosed in the announcement released Tuesday by AFS. With 1,300 employees, Novetta is a subsidiary of […][...]
Leidos’ Dynetics scores $90M NASA contract
Dynetics Inc., a wholly owned subsidiary of Reston-based Fortune 500 government contractor Leidos Holdings Inc., has received a potential $90 million contract from NASA to produce a laser air monitoring system (LAMS) for the agency’s Orion spacecraft, beginning with the Artemis III mission, which plans to return astronauts to the lunar surface for the first […]
Sentara expands Healthier Communities Fund by $40M
Sentara Healthcare is allocating $40 million to expand its Healthier Communities Fund across Virginia and northeast North Carolina, with an aim to address health disparities that have been magnified by the impact of COVID-19 among underserved populations. Today’s announcement follows an initial $10 million the Norfolk-based health care system pledged in January to address health […]
VMI report released; calls school ‘traditionally run by white men, for white men’
A long-awaited state report on an alleged culture of racism at Virginia Military Institute was released Tuesday afternoon, concluding that “VMI has … traditionally been run by white men, for white men,” although the state-funded military institution in Lexington has made “incremental steps towards a more [...]
Innovative development planned along Silver Line
Big plans are in place for a 103-acre plot on the Loudoun-Fairfax county line, property originally pitched by the two counties as a potential location for Amazon.com Inc.’s HQ2 East Coast headquarters. Rivana at Innovation Station, the first phase of the 4.4 million-square-foot Innovation Station mixed-use development project [...]
(Solar) powering the economy
A 700-acre solar farm on a former surface mine outside of Hurley will be more than it appears, according to Adam Edelen. “Buchanan County and the entire region of Southwestern Virginia intends to benefit from the digital economy rather than be a victim of it,” says Edelen, CEO of Edelen Renewables. Based in Lexington, Kentu[...]
Botetourt wind project hits resistance
Apex Clean Energy Inc. continues working toward a day when wind turbines standing atop Botetourt County’s North Mountain might generate enough energy to power up to 21,000 homes each year. Dubbed Rocky Forge Wind, the proposed wind farm north of Eagle Rock would be Virginia’s first onshore wind project in operation. However,[...]
Martinsville moves forward on reversion
Exactly when it happens remains up in the air, but the city of Martinsville is set on downsizing to town status. It’s been about a year and a half since Martinsville City Council set in motion the complicated process of dropping the locality’s status as one of Virginia’s 38 independent cities and morphing it into […[...]
Petersburg grows pharma manufacturing hub
A cluster of recent investments by pharmaceutical companies in Petersburg could set the city up to rebuild its manufacturing sector as a major player in U.S. efforts to create and secure a domestic supply chain for producing essential medicines at risk of shortages. The development centers around the AMPAC Fine Chemicals plant[...]
Summit Pointe continues growth
Chesapeake Mayor Rick West lives in the city’s Greenbrier section, so he frequently drives past Summit Pointe, the rapidly expanding mixed-use development centered around the corporate headquarters of Fortune 500 discount retailer Dollar Tree Inc. And West likes what he sees at Summit Pointe, which is aiming to be a new pedest[...]
Mary Baldwin to launch nursing practice doctorate
You could say Christina Feggans-Langston was destined to become a nurse. “I was named Christina after one of the nurses that my mom had when she was delivering me,” says Feggans-Langston, who works for UVA Health, the same health system where she was born. “Now that I’m a nurse, I want to just keep giving […]