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Focused Ultrasound Foundation names chief relationship officer
Charlottesville-based Focused Ultrasound Foundation has named Ann Taylor its chief relationship officer, the nonprofit organization announced Wednesday. She will start on March 1. Taylor has more than 27 years of nonprofit leadership experience as executive vice president of the Thomas Jefferson Foundation and as executive direc[...]
Tysons insurance broker Ames & Gough promotes three execs
Ames & Gough Insurance Risk Management Inc. CEO Dan Knise will also serve as the chair of the Tysons-based insurance broker, which announced Tuesday that it was also promoting two senior executives to leadership positions. As chair and CEO, Knise will focus on the firm’s strategy and initiatives and will mentor new employe[...]
Reston IT provider 1901 Group names executive VP
Reston-based IT service provider 1901 Group LLC has named George Batsakis as its executive vice president and chief strategy officer, the company announced Tuesday. Batsakis will lead the company’s overall strategy planning and development, executive management, operations, new business development, emerging technology and par[...]
Norfolk medical device firm receives additional $2.5M from DARPA
The Defense Advanced Research Projects Agency (DARPA) has awarded $2.5 million in non-dilutive funding to Norfolk-based medical device manufacturer Embody Inc. for the second phase of development and clinical assessment for its proprietary Microbrace ACL technology for the repair of anterior cruciate ligament (ACL) injuries, the company announced Tuesday. Embody previously received $11.85 million for […][...]
Harrisonburg retail center sells for $5.275M
A retail center in Harrisonburg adjacent to James Madison University has sold for $5.275 million, Harrisonburg-based commercial real estate brokerage Cottonwood Commercial announced Tuesday. Tenants at the 11,900-square-foot retail strip on University Avenue include Buffalo Wild Wings, BurgerIM, Sports Nutrition and Dunkin’. T[...]
Fairfax-based ICF to acquire cloud services provider for $255M
Fairfax-based consulting and technology services provider ICF International Inc. plans to acquire Arlington-based cloud services provider Incentive Technology Group LLC (ITG) for $255 million, ICF announced Tuesday. The closing of the transaction is subject to approval and is expected to occur in the first quarter. “IT modernization and cloud together is estimated to be approximately […][...]
CoreMedia AG appoints chief revenue officer
Content management systems developer CoreMedia AG has promoted Jim Stirewalt to chief revenue officer, the company announced Monday. Stirewalt most recently was CoreMedia’s senior vice president and general manager of the Americas. He has also held leadership roles at software companies including SAP and IBM. Stirewalt will ma[...]
Samsung Electronics acquires Chantilly tech firm
Samsung Electronics has acquired Chantilly-based network services provider TeleWorld Solutions (TWS), Samsung announced Monday. Financial terms of the deal were not disclosed. TWS, a privately-owned company, will operate as a wholly-owned subsidiary of Samsung Electronics America Inc. Samsung will continue to offer TWS services such as network design, installation, testing and optimization. TWS leadership will […][...]
CoStar plans doubling Richmond workforce as part of Navy Hill development
CoStar Group, the Washington, D.C.-based commercial real estate analysis company, announced Monday it plans to build a 400,000-square-foot building in downtown Richmond, doubling its local workforce, as part of the proposed $1.5 billion Navy Hill development. CoStar would double its number of employees to 2,000 in Richmond, wher[...]
Pamunkey tribe, city sign Norfolk casino agreements
The city of Norfolk and the Pamunkey Indian Tribe announced Monday that the tribe’s proposed $700 million casino along the Elizabeth River is moving closer to reality. According to a tribe press release Monday, the Pamunkey and the city have signed two agreements: an option to purchase 13.4 acres of undeveloped city property a[...]
Henrico office building sells for $6.3M
A Henrico County office building, the Campbell Building, sold for $6.3 million to Atlanta-based B&C CCPB LLC, Canada-based real estate company Colliers International announced Monday. The 55,920-square-foot class B office building is located at 8002 Discovery Drive in the Forest Avenue office corridor. HCA Healthcare’s[...]
SAIC nets $727M Air Force contract
Reston-based information technology company Science Applications International Corp. (SAIC) received a $727 million contract from the U.S. Air Force that will move mission applications for the Air Force and Army to the cloud, SAIC announced Friday. SAIC was founded in 2013 and provides systems engineering, cloud migration, analytics, simulation, training and other IT services to […]
