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Leidos shakes up C-suite in restructuring
Months after new Leidos CEO Tom Bell hinted at a “new North Star” for the Reston-based Fortune 500 contractor, the company has announced a shakeup of its C-suite and a reorganization. The company solidified the changes Thursday, two days after releasing its third-quarter report, which included revenues of $3.9 billio[...]
Northrop Grumman awarded up to $732M for satellite contract
Fortune 500 Falls Church defense contractor Northrop Grumman will build 38 data transport satellites for the U.S. Space Force’s Space Development Agency under a contract valued up to $732 million as the agency builds out a space-based communications network. The work, announced Monday by the agency, falls under Tranche 2 T[...]
$900M water park resort breaks ground in Spotsylvania
A massive water park resort has broken ground in Spotsylvania County. The 1.38 million-square-foot Spotsylvania County Kalahari Resort, located between U.S. Route 1 and Interstate 95 in Thornburg, north of Kings Dominion, is expected to offer a 907-room hotel, a 175,000-square-foot indoor waterpark featuring slides, a wave pool [...]
Federal shutdown could have deep impacts in Va.
In late 2018, the last time the federal government shut down for an extended period, Eric Ingram was furloughed from his job at the U.S. Federal Aviation Administration for six weeks. He used that time to co-found a startup focused on space safety, Scout Space. Launched in 2019, the Alexandria-based technology startup now has se[...]
Northrop Grumman lands $705M missile contract
Falls Church-based aerospace contractor Northrop Grumman will develop and test the Air Force’s new air-to-surface missile under a $705 million contract. Under the contract, announced Monday by the Air Force and the Fortune 500 contractor, the company will develop, integrate and complete flight testing and rapid prototyping[...]
Wells Fargo to launch $87M expansion in Roanoke County
San Francisco-based Wells Fargo will spend $87 million to modernize and expand its Roanoke County customer support center, adding 1,100 jobs in a deal that will make the bank the county’s largest employer. The deal is also the largest project employment announcement in the county’s history, as well as its largest commercial office investment, Gov. […]
Two NoVa companies receive $1.5B DOD tech contract
Two Northern Virginia-based federal contractors have received a five-year contract valued up to $1.5 billion to provide analytic and technical support services to the Department of Defense’s administrative and management organization. Falls Church-based Analytic Services, known as ANSER, and Alexandria-based Systems Planning & Analysis, known as SPA, will provide acquisition and sustainment, portfolio management, engineering [...]
Maximus fined by SEC for proxy, reporting violations
Tysons-based federal technology contractor Maximus will pay $500,000 in civil penalties to settle a charge that it failed to disclose it had employed the siblings of one of its executive officers. According to a settlement announced by the U.S. Securities and Exchange Commission Monday, Maximus appointed a business segment leader and longtime employee as an […]
Manufacturing 2023: CHARLES ‘CHARLIE’ LUCK IV
The third generation of Lucks to lead the crushed stone company and its real estate subsidiary, Charlie Luck is currently celebrating the company’s 100th anniversary. Over the years, Luck Cos. has established a footprint that extends throughout Virginia, North Carolina, South Carolina and Georgia, with about 950 employees. In [...]
Federal Contractors | Technology 2023: MAX PETERSON
Peterson, who joined AWS in 2012 and started his current role in 2021, has more than 30 years of public sector experience, with stints at Dell and CDW-G. Now he’s guiding the $80.1 billion Amazon.com cloud subsidiary through a variety of high-tech federal projects. So far, AWS landed a spot (along with Google, Microsoft and [&[...]
September 2023 Out and About
1. Virginia Western Community College Associate Professor Jenifer Kurtz helped situate bee colonies into a new home on campus this spring. In July, VWCC announced it had become an affiliate of conservation program Bee Campus USA. Photo by Amy White. 2. L to R: Frankie Holland, Bob Wilkin, Frank Garrett, Benita Jordan, Ginny Coleman, Ralph […]
2023 Virginia 500: RETAIL | WHOLESALE | FOOD | BEVERAGE
Robert A. “Bob” Archer, CHAIRMAN AND CEO, BLUE RIDGE BEVERAGE, SALEM Elizabeth “Liza” Myers Borches PRESIDENT AND CEO, CARTER MYERS AUTOMOTIVE, CHARLOTTESVILLE Reid A. Brown PRESIDENT, BROWN DISTRIBUTING, RICHMOND William G. “Bill” Crutchfield Jr. FOUNDER AND CEO, CRUTCHFIELD CORP., CHARLOTTESVILLE Rick Dreiling CEO, DOLLAR TREE, CHESAPEAKE Dennis Ellmer CEO, PRIORITY AUTO GROUP, CHESAPEAKE Arthur “Bo” […][...]
