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Two Henrico County buildings sell for $12.35M
Two commercial buildings in Henrico County were sold to Maryland-based Feldman Bergin Properties, Colliers International announced last week. According to county property records, Deep Run Business Centre I and II sold for $12.35 million. The 88,118-square-foot, two-building portfolio at 3955-3991 Deep Rock Road is 100% occupied[...]
NoVA CEO to be nominated for U.S. Navy secretary
Carlos Del Toro, president and CEO of Alexandria-based defense contractor SBG Technology Solutions, will be nominated to become secretary of the U.S. Navy, President Joe Biden announced Friday. If confirmed by the U.S. Senate, Del Toro will be the second Latino man to serve as head of the U.S. Department of the Navy, after Edwar[...]
CarLotz expanding HQ in Richmond, adding 192 jobs
CarLotz, the nation’s largest consignment-to-retail used vehicle business, plans to expand its headquarters in the city of Richmond, creating 192 jobs, Gov. Ralph Northam announced Friday. To accommodate recent growth, the company will relocate from the city’s Manchester neighborhood to Scott’s Addition. CarLot[...]
Parsons to purchase BlackHorse Solutions for $203M
Centreville-based Parsons Corp. announced Thursday it has entered into a definitive agreement to acquire Herndon-headquartered BlackHorse Solutions Inc. for $203 million. The transaction is expected to close in July. BlackHorse, founded in 2018, works in the areas of cyber, digital operations, artificial intelligence, machine learning and full-spectrum operations, and Parsons plans to integrate the company […][...]
SAIC wins $126M Army task order
Reston-based Fortune 500 government contractor Science Applications International Corp. (SAIC) was awarded a $126 million, single-award task order to research and develop modeling and simulation enhancements for the U.S. Army Combat Capabilities Development Command Ground Vehicle Systems Center in Michigan, the company announced[...]
Sorry, Pittsburgh! StarKist Co. relocating HQ to Reston in 2022
StarKist Co. is moving its corporate and administrative headquarters from Pittsburgh to Fairfax County, Gov. Ralph Northam announced Thursday. The seafood and chicken company, a subsidiary of Dongwon Industries Co. Ltd., plans to occupy space in a Reston office building, creating 83 jobs by spring 2022. “Virginia is home to a [...]
Lyon Shipyard plans $24.4M expansion, adding 119 jobs
Norfolk’s Lyon Shipyard plans to expand its operation, investing $24.4 million and creating 119 jobs, Gov. Ralph Northam announced Wednesday. The 93-year-old ship repair and industrial service provider plans to build a new marine travel lift and a larger waterfront dry dock on the Elizabeth River. Virginia competed for the project with North Carolina, according […]
U.Va. names new medical school dean
The University of Virginia has named Dr. Melina R. Kibbe the next dean of its medical school and chief health affairs officer for UVA Health, the university announced in a news release Wednesday. Kibbe, who starts her new position Sept. 15, is the Colin G. Thomas Jr. Distinguished Professor and chair of the Department of [&helli[...]
UK manufacturer to build $6.4M facility in Danville
MEP Ltd., a manufacturer of complex plastic and metal components for the aerospace and defense sectors, will invest $6.4 million to establish its first U.S. operation in Danville, creating 45 jobs, Virginia Gov. Ralph Northam announced Monday. The company, which will operate in the U.S. as Making Everything Possible LLC, will locate in the Cyber […]
Leidos lands $470M TSA contract
Reston-based Fortune 500 government contractor Leidos has landed a potential five-year, $470.7 million contract from the Department of Homeland Security, according to a contract award notice published June 3. The work is in support of checkpoint screening equipment deployment services for the Transportation Security Administration. The scope of the work is outlined by the request […]
AT&T wins $725M task order from Veterans Affairs
AT&T’s Oakton-based Public Sector organization secured a $725 million, 12-year task order to modernize the U.S. Department of Veterans Affairs’ data network, the company will announce Wednesday. The contract is to deliver a modernized data communications platform that will serve as a foundation for innovative Veterans Affairs (VA) technology capabilities, according to the announcement. The […][...]
Wytheville’s Two-Way Radio acquired by S.C. company
Two-Way Radio Inc., a Wytheville-based provider of communications systems and devices for public safety and industrial clients, has been acquired by Spartanburg, South Carolina-based Mobile Communications America Inc. (MCA). Financial terms of the deal were not disclosed. Both companies are Motorola dealers. Founded in 1948, Two-Way serves clients in Southwest Virginia, West Virginia, Tennessee, North […][...]
