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Fairfax company wins $484M DOD contract
On Tuesday, Fairfax-based software company Salient CRGT Inc. announced it had been awarded the first of four options on a potential $482 million award supporting the U.S. Department of Defense’s (DOD) specialized information technology systems and warfighter networks. The five-year, single-award contract is named SANDBAR and was initially awarded in September 2019 as a competitive […]
Newport News, Hampton launch Peninsula Cares Act Fund
The cities of Hampton and Newport News opened a new low-interest loan program for COVID-affected businesses on Thursday. Known as the Peninsula Cares Act Fund, it will lend a total of $1.5 million in amounts ranging from $7,500 to $375,000. Eligible businesses can use the funds for purchase and installation of machinery and equipment, building […]
Data center air systems manufacturer announces $36M plant in Botetourt
Munters Group AB, a Sweden-based manufacturer of air treatment and cooling systems for data centers and other industrial applications, will invest $36 million to relocate its Buena Vista operations to Botetourt County, company and county officials announced Thursday. Munters will begin construction in April on a 365,000-square-f[...]
Torc Robotics names chief transformation officer
Blacksburg-based Torc Robotics has hired Eddie Amos, a former Microsoft and GE Digital executive and software developer, as its chief transformation officer, the company announced Thursday. In a statement, Amos said his new job is to “translate the lessons learned in 35 years of software disruption into best practices for [...]
Leonardo DRS pushes pause on IPO
Arlington-based Leonardo DRS Inc., a subsidiary of Italian defense contractor Leonardo SpA, is hitting the brakes on its initial public offering, its parent company announced Wednesday. No future IPO date was announced. The company attributed its decision to “adverse market conditions” that “did not allow an adequate valuation of DRS,” according to a news release. […][...]
Richmond cuts three of six casino proposals
Updated, March 25 The city of Richmond has rejected three of its six casino proposals. The Pamunkey Indian Tribe, Golden Nugget Hotels & Casinos and Wind Creek Hospitality are no longer in the running, the city confirmed Wednesday night. In late February, the city announced that six casino projects had been submitted for con[...]
AT&T inks $231M U.S. Treasury contract
AT&T Inc. announced Tuesday it has been awarded a $231 million contract from the U.S. Department of Treasury to modernize its voice and data networks and provide cybersecurity protections. The contract was landed by AT&T’s Public Sector organization, which is based in Fairfax County’s Oakton area. The 12-year contract was awarded through the General Service […]
SpaceLink establishes HQ in Tysons
Satellite telecommunications company SpaceLink, a subsidiary of Australian aerospace and defense contractor Electro Optic Systems, has established its headquarters in Tysons. SpaceLink is building a space relay network of satellites in medium Earth orbit that will provide secure, continuous, high-bandwidth communications between its clients’ low Earth orbit spacecraft and the ground. Clients could include commercial […][...]
Liberty University hires Alaska GOP chair
Liberty University has hired the Alaska Republican Party’s chairman, the Rev. Glenn Clary, for the newly created position of vice president of strategic partnerships and alliances, the Lynchburg-based Christian university announced Tuesday. Clary became chairman of Alaska’s state GOP in 2018. He also has worked as a [...]
Report: Snyder to purchase full control of Washington Football Team
Daniel Snyder is poised to purchase the remaining 40.5% of the Washington Football Team, which would give him full control of the NFL franchise, according to reporting by The New York Times on Wednesday. The Ashburn-based NFL’s team owners are expected to approve a waiver next week that would allow Snyder to take on an [&h[...]
U.Va.-Va. Tech researchers develop promising coronavirus vaccines
Athletic rivals Virginia Tech and the University of Virginia are working together on two new coronavirus vaccines, and their research has shown early promise in protecting people from existing and future variants of COVID-19, according to the universities. Created by U.Va. Health Professor Steven L. Zeichner and Virginia Tech Di[...]
New Arlington-based tech contractor names chief financial officer
Two Six Technologies Inc., a new national security technology provider based in Arlington, announced Wednesday it has hired Bob Kwaja as chief financial officer. The company was formed in February after an affiliate of global investment firm The Carlyle Group acquired IST Research and Two Six Labs. Among Two Six TechnologiesR[...]
