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Oct 14, 2020

BAE Systems launches cyberthreat protection suite for military vehicles, systems

Arlington-based defense contractor BAE Systems Inc. (the U.S. subsidiary of United Kingdom-based BAE Systems plc) announced Tuesday it has launched a new cyberthreat detection and mitigation product suite to help military customers protect vehicles and systems from cyberthreats. The Fox Shield suite is designed to help platforms detect, respond to and recover from cyberattacks and […]

Oct 14, 2020

Va. Supreme Court denies Roanoke courts’ plan to resume jury trials

The Virginia Supreme Court has rejected a plan by Roanoke Valley’s courts to resume jury trials during the pandemic. Chief Judge David Carson of the 23rd Judicial Circuit of Virginia, which includes Roanoke, Roanoke County and Salem courts, said during an Oct. 13 Roanoke Bar Association Meeting that the Virginia Supreme Court rejected the proposal […]

Oct 14, 2020

Dulles software company to buy Texas-based firm

Dulles-based software company Unanet announced Wednesday it will acquire Austin, Texas-based customer relationship management software company Cosential. Terms of the transaction were not disclosed.  Unanet provides project management software, timesheet software, expense reporting software and other human resources software to federal government contractors, architects and engineers (A/E). Cosential provides software used for business[...]

Oct 14, 2020

Reston contractor wins $59M USDA task order

The U.S. Department of Agriculture (USDA) awarded Reston-based AceInfo Solutions LLC (AceInfo) a $59 million task order to develop crop insurance software platforms, the company announced Wednesday.  Under the task order from the USDA’s Farm Production and Conservation (FPAC) Risk Management Agency (RMA), AceInfo (a Dovel Technologies subsidiary) will provide software development services to create […][...]

Photo courtesy Loudoun Economic Development
Oct 14, 2020

Loudoun County Farm Fall Tour launches online Oct. 27

Loudoun County’s 25th annual Farm Fall Tour will launch online on Saturday, Oct. 27, to connect farmers with consumers for the harvest season. This year, 25 farms will be featured on the virtual farm tour. “This initiative follows a successful virtual Spring Farm Tour, which connected thousands of people from 16 countries wi[...]

Dominion Energy completed construction on two massive wind turbines 27 miles off the coast of Virginia Beach in June 2020. (Photo by Beth Cooper)
Oct 14, 2020

Dominion offshore wind turbines complete reliability testing

Richmond-based Dominion Energy Inc. announced Wednesday that its two turbine, 12-megawatt, $300 million Coastal Virginia Offshore Wind (CVOW) pilot project, located 27 miles off the Virginia Beach coastline, has successfully completed reliability testing. Dominion, the first U.S. electric utility company to install an offshore w[...]

Oct 13, 2020

Reston-based NII Holdings Inc. to dissolve

Reston-based NII Holdings Inc. announced last week it has filed a petition in a Delaware court to dissolve the company 10 months after it divested its one remaining operating unit, which sold wireless communication services under the Nextel brand to América Móvil. On Dec. 18, 2019, NII Holdings closed the $948.5 million sale of its […]

Photo courtesy Newmark Knight Frank
Oct 13, 2020

Falls Church office building sells for $87.5M

An office building in Falls Church sold for $87.5 million, commercial real estate advisory firm Newmark Knight Frank (NKF) announced Tuesday.  Located at 3170 and 3180 Fairview Park Drive, the 284,333-square-foot property is 98% leased, with tenants including General Dynamics Information Technology, Capital Caring Health, Sheet[...]

Oct 13, 2020

Dominion, Appalachian Power team up to expand energy storage

Virginia electric utility giants Appalachian Power and Dominion Energy Inc. announced Tuesday a public-private partnership with InvestSWVA that aims to expand renewable energy storage technology and attract industry prospects in Southwest Virginia.  “With the greater proliferation of renewables, energy storage expansion will be a vital component in providing stability to our grid and support our […][...]

Oct 13, 2020

The Hilb Group acquires Md.-based insurance company

Henrico County-based insurance company The Hilb Group LLC (THG) announced Tuesday it acquired Annapolis, Maryland-based Insurance Solutions (ISI), effective Oct. 1. Transaction details were not disclosed. This marks THG’s 12th acquisition within the past year. Founded in 1989, ISI is a full-service employee benefits agency spe[...]

Oct 13, 2020

General Dynamics receives $327.8M submarine contract modification

The U.S. Navy last week awarded the Electric Boats subsidiary of Reston-based Fortune 100 defense contractor General Dynamics Corp. a $327.8 million contract modification to continue development studies, design work and lead yard support for the branch’s Virginia-class submarines, the U.S. Department of Defense announced Oct. 9. Electric Boat originally received a $434.4 million contract […][...]

Oct 12, 2020

EY names five Virginians as mid-Atlantic entrepreneurs of the year

Virginia businesspeople took home five of the 12 Entrepreneur of the Year Mid-Atlantic Awards announced last week by multinational professional services company Ernst & Young LLP. The Virginia winners for the 2020 Entrepreneur of the Year Mid-Atlantic Award were: 3Pillar Global Inc. | David DeWolf, Fairfax HUNGRY Marketplace | Jeff Grass and Shy Pahlevani, Arlington […]

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