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Apr 21, 2021

Unison acquires Price Systems

Dulles-based Unison Software Inc. announced Wednesday that it has acquired New Jersey-based Price Systems LLC for an undisclosed amount. Both companies provide software to support governmental missions, acquisition professionals, government contractors and manufacturers. “Our customers’ mission-critical programs continue to grow more complex. Price Systems best practices, thought leadership and unrivaled data-driven software are the[...]

Apr 21, 2021

Leidos awarded $480M contract from U.S. Customs and Border Protection

Reston-based Fortune 500 company Leidos Holdings Inc. announced Tuesday it has been awarded a $480 million contract by U.S. Customs and Border Protection (CBP) to provide multi-energy portal (MEP) systems for nonintrusive inspections of commercial vehicles at land and sea ports of entry. The award for the science and technology company includes a base period […]

Apr 21, 2021

Northrop Grumman lands $2.3B ICBM contract

Falls Church-based Northrop Grumman Corp. has been awarded a U.S. Department of Defense (DOD) contract for up to $2.3 billion to support propulsion subsystems for intercontinental ballistic missiles (ICBM), DOD announced on Tuesday. The 18.5-year contract provides assistance to the government in maintaining the Minuteman III weapon system. The work will be performed primarily in […]

Richmond Raceway aerial view. Photo courtesy NASCAR/Richmond Raceway
Apr 21, 2021

Amazon to create 1,000 jobs with Henrico fulfillment center

Amazon.com Inc. plans to build a multistory, 650,000-square-foot facility robotics fulfillment center at Richmond Raceway in Henrico County, creating 1,000 jobs, Virginia Gov. Ralph Northam announced Wednesday. The center, which will be built on 119 acres of ancillary land used for overflow parking by the raceway, is expected to[...]

Apr 21, 2021

Richmond nixes Bally’s casino proposal

The city of Richmond has cut the $650 million Bally’s casino proposal from consideration, leaving two competitors, the mayor’s office announced Wednesday morning. The Live! Casino & Hotel proposal by Baltimore-based The Cordish Cos. and ONE Casino and Resort, proposed by Silver Spring, Maryland-based Urban One, a[...]

Apr 20, 2021

BWX Technologies lands $2.2B in naval nuclear contracts

Lynchburg-based BWX Technologies Inc. has landed $2.2 billion in U.S. Naval Nuclear Propulsion Program contracts, the nuclear components and fuel supplier announced Tuesday. Approximately half of the contract was awarded in the first quarter of the year, with the rest as options subject to congressional appropriations, according to the company, which employs approximately 6,600 people […]

Apr 20, 2021

$59.6M hydroponic operation coming to Va. Beach

Agriculture startup Sunny Farms LLC plans to build a $59.6 million, 32-acre hydroponic operation in Virginia Beach — creating 155 jobs and one of the largest greenhouses on the East Coast, Virginia Gov. Ralph Northam announced Tuesday. The facility, which will cover 1.2 million square feet when completed in three years, will be located at […]

Apr 20, 2021

Parsons Corp. names new CEO

Centreville-based defense contractor Parsons Corp. announced Tuesday that CEO Charles “Chuck” Harrington is retiring after nearly 40 years and will be replaced by President and Chief Operating Officer Carey Smith effective July 1. A member of Parsons’ board, Smith joined Parsons in 2016 as president of its fede[...]

Apr 20, 2021

3Pillar Global closes third acquisition within year

Fairfax-based product lifecycle management company 3Pillar Global Inc. has completed an acquisition of North Carolina-based software firm Software Development Europe, it announced Tuesday. It’s the third acquisition for 3Pillar during the past year — part of a growth strategy fueled by an investment from New York-based private equity investor CIP Capital, according to 3Pillar. The […]

Stan in his new habitat.
Apr 20, 2021

T-Rextasy: Dino replica finds home at Great Minds’ future Richmond HQ

Call it rex appeal. On Wednesday, Washington, D.C.-based education company Great Minds will install a museum-quality replica of Stan the Tyrannosaurus rex’s skeleton at its future headquarters in Richmond. Measuring 13 feet tall and 40 feet long, the actual Stan’s fossilized skeleton sold for $32 million in a Christi[...]

Apr 20, 2021

Central Va. pharma hub strategic plan released

On Tuesday, the Virginia Commonwealth University College of Engineering announced its strategy to turn Central Virginia into an advanced pharmaceutical manufacturing, research and development hub. The strategic plan aims to foster business and job growth in the Richmond-Petersburg area while also expanding access to medicines. The creation of the plan was funded by a $100,000 […]

Apr 20, 2021

Biotech firm moving to new Richmond location, creating 250 jobs

Grenova Inc., a Richmond-based sustainable biotech company, plans to move to a larger facility in the city, investing $10.6 million and creating 250 jobs over the next three years, Gov. Ralph Northam announced Tuesday. The company is currently located in the Manchester neighborhood but will move to a larger facility across from The Diamond baseball […]

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