Sign In
Free Newsletter
LMI acquires Falls Church solutions consulting company
Tysons-based government and defense contractor LMI acquired Falls Church-based Suntiva, it announced Tuesday. Suntiva is a technology-enabled solutions company focused in the public health and defense markets. The acquisition provides LMI with new customer access, particularly the U.S. Food and Drug Administration, the National [...]
The Hilb Group acquires Medicare-focused firm, six Va. companies
Henrico-County based insurance company The Hilb Group LLC finalized its acquisition of Health Quote of Rhode Island Inc. on July 1, it announced Tuesday. Financial terms of the transaction were not disclosed. Health Quote specializes in Medicare offerings, and its clientele will join THG’s Medicare practice. THG CEO Ricky Spiro said in a statement, “Our […]
Bechtel promotes exec to president of nuclear, security, environmental unit
Reston-based global engineering and construction company Bechtel Corp. has promoted John Howanitz to president of Bechtel Nuclear, Security & Environmental Inc. He will begin Sept. 1. Craig Albert, Bechtel president and chief operating officer, said in a statement, “John’s experience in delivery of energy, environmen[...]
Arlington supply chain tech company joins unicorn club
Following its $100 million Series C financing round, Arlington-based supply chain management technology company Interos Inc. has been valued at $1 billion, reaching coveted unicorn status. Led by CEO Jennifer Bisceglie, Interos is one of 74 female-led unicorns, according to Crunchbase. Worldwide, there are more than 770 unicorn [...]
Roanoke construction firm to renovate Homestead’s Warm Springs Pools
Roanoke-based Lionberger Construction Co. has been selected as the general contractor to renovate The Omni Homestead Resort’s historic Warm Springs Pools, Omni Hotels & Resorts announced Monday. The contractor will restore the men’s and ladies’ bath houses at the formerly named Jefferson Pools and the recep[...]
PAE wins $74.2M contract to support Marine base in Japan
Falls Church-based defense and government services contractor Pacific Architects and Engineers Inc. (PAE) was awarded a potential $74.2 million contact to run base operating support services at U.S. Marine Corps Air Station Iwakuni, Japan, providing maintenance and repair services for base facilities, grounds and family housing, including custodial services and wastewater operations. The contract from […][...]
Central Virginia BBB CEO announces retirement
Barry N. Moore, president and CEO of the Glen Allen-based Better Business Bureau Serving Central Virginia, has announced his retirement after four years heading the nonprofit organization that rates and accredits businesses based on their market practices and trustworthiness. Richard Johnstone, chairman of the BBB-CV Board of Di[...]
Arlington federal contractor acquires Alexandria tech firm
Arlington-based IT services federal contractor Planned Systems International Inc. acquired Alexandria-based technology company ProSphere Tek Inc., it announced Thursday. Financial details of the transaction were not disclosed. Founded in 2006, federal contractor ProSphere designs and maintains mission-critical systems, supports [...]
Va. Beach apartment complex where Pharrell lived sells for $24.5M
The Virginia Beach apartment complex where music superstar Pharrell Williams lived until he was 7 has been sold for $24.5 million to Fairstead, a New York-based real estate company focused on sustainable development and affordable housing. The company announced Thursday that it plans a $15 million overhaul of the Atlantis Apartm[...]
Yorktown’s Duke of York Hotel sells for $3M
The Duke of York Hotel in Yorktown sold for $3 million, M.A. Bowry & Co. announced July 2. Built in 1965, the 57-room, 26,084-square-foot, limited-service hotel is located on the York River. It will remain open as the company renovates it. Crockett Enterprises LLC sold the hotel to a limited liability company connected to M.[...]
James City County industrial building sells for $2.67M
The Design Masters building in James City County sold for $2.67 million, Cushman & Wakefield | Thalhimer announced Wednesday. Tetreault Holdings Inc. bought the 40,000 square-foot-building from Friendship Partner as an investment for their contracting business, The Drying Co./ThermalTec, according to the news release. The in[...]
DISYS names CFO and treasurer
McLean-based staffing firm Digital Intelligence Systems LLC named Philip Monti as its chief financial officer and treasurer of the combined enterprise of DISYS and Signature Consultants, DISYS announced Wednesday. He will oversee financial operations and management of the enterprise, building on his former position at Signature [...]
