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DroneUp to deliver meds to Eastern Shore
Virginia Beach-based unmanned flight company DroneUp will launch a project to deliver medications via drone to patients on the Eastern Shore and Tangier Island as part of a collaboration with Riverside Health System and the Virginia Institute for Spaceflight & Autonomy (VISA) at Old Dominion University, among other partners.[...]
ASRC Federal buys Manassas defense contractor
Reston-based ASRC Federal Holding Co. has acquired Manassas-based defense contractor Broadleaf Inc., ASRC announced Monday. Financial details of the transaction were not disclosed. Founded in 2009, Broadleaf is a U.S. Small Business Administration Certified Native Hawaiian Organization. The company provides information technolog[...]
Capital Square names new SVP, product specialist
Stuart Bahnmuller has joined Glen Allen-based real estate company Capital Square as the firm’s senior vice president and registered product specialist to lead a national sales team for wealth managers and registered investment advisers, Capital Square announced Thursday. “For decades, alternative investments have been th[...]
Demo begins on Military Circle Mall with site’s future uncertain
Norfolk started the first phase of demolition of Military Circle Mall Friday, but the future of the property remains unclear. Demolition will continue through late June, according to the city. The first phase will start with separate buildings on the property, including China Garden, Martin’s Café, and The Military Circle[...]
Raytheon wins $308M contract for Navy destroyer work
Arlington-based Raytheon Technologies Corp.’s Missiles & Defense business has received a $308.4 million contract modification for combat systems work on the Navy’s Zumwalt-class guided-missile destroyers, the Pentagon announced Wednesday. Work includes combat system installation, integration, development, testing[...]
Boeing lands $313.4M Super Hornet life extension contract
Arlington-based Boeing Co. has received a $313.4 million contract modification to upgrade and extend the service life of 25 Navy Super Hornet jet fighters, the Pentagon announced Wednesday. The contract includes non-recurring engineering, system engineering program management and Block III avionics upgrades to extend the service[...]
Harvey Lindsay Jr., Norfolk real estate icon, dies at 93
Harvey L. Lindsay Jr., chairman and former president of Harvey Lindsay Commercial Real Estate, died Wednesday at the age of 93, the Norfolk firm announced Thursday. In addition to his nearly 70-year career in real estate, Lindsay was a Korean War veteran and an active volunteer in Hampton Roads civic organizations, as well as an[...]
VCU to open $125M STEM building next week
Virginia Commonwealth University will open its $125 million College of Humanities and Sciences’ 168,000-square-foot STEM building during a ribbon cutting scheduled next week. The six-floor building, located at 817 W. Franklin St. in Richmond, will expand lab, classroom and office space for the college, which is home to 17 depa[...]
Raytheon receives $237M Army contract
Arlington-based Raytheon Technologies Corp. has received a $237 million Army contract to help the service detect and defeat unmanned aircraft with sensors and drones, the company announced Wednesday. The contract includes a combination of fixed-site and mobile systems, including the company’s Ku-band Radio Frequency Sensor[...]
Potomac Yard Metro station opening May 19
Potomac Yard Metro station will open May 19, Alexandria’s mayor and Metro’s CEO announced Wednesday. Metro’s 98th station, it will be located near Virginia Tech’s Innovation Campus and Amazon.com Inc.’s Arlington HQ2 East Coast headquarters. “Our team is working hard to put the finishing touch[...]
BWXT wins potential $45B DOE contract
A joint venture led by BWX Technologies Inc. has won a federal contract worth up to $45 billion — its largest ever — from the U.S. Department of Energy to clean up a decommissioned nuclear production site in southeastern Washington state, the Lynchburg-based nuclear components and fuel supplier announced Monday. The Hanford [...]
Chesapeake industrial building goes for $1.4M
AG Wraps Inc. has purchased a 11,200-square-foot industrial building in Chesapeake for $1.4 million, Cushman & Wakefield | Thalhimer announced Monday. The building, at 913 Business Park Drive, is on 1.05 acres, and it was purchased from Allen V. Alewine. The company installs short- and long-term vinyl graphics for vehicles a[...]
