Fairfax-based Argon ST Inc. has received a $463 million Navy contract to procure and produce sensor components for fielding in manned and unmanned aircraft, the Pentagon announced Friday.
Argon ST is a wholly owned subsidiary of Arlington-based aerospace contractor Boeing Co. Under the contract, Argon ST will procure various Multi-Intelligence Sensor Development (MISD) Sensor Suite components for use in aircraft. The company will also provide engineering support for the Navy, foreign cooperative partners and foreign military sales customers.
According to the Pentagon announcement, 75% of the work will be performed in Fairfax, with the remaining 25% taking place in Germantown, Maryland. Work is expected to be complete in January 2028.
In a February 2021 pre-solicitation notice, Naval Air Systems Command said that Argon ST is “the original designer, developer and manufacturer” of the MISD Low Band Sensor Suites used by the Navy and Army and determined that the company was the only one with the expertise to fulfill its needs.
Founded in 2001, Argon develops command, control communications, computers, intelligence, surveillance and reconnaissance (C4ISR) and combat systems to its clients. Boeing acquired the company, which is a division in the Boeing Defense, Space & Security unit, in August 2010.
Boeing has more than 140,000 employees worldwide. The company reported $62.2 billion in revenue in fiscal 2021.
Chesapeake-based Prism Maritime LLC has received a contract valued up to $250.8 million to install, modify and upgrade various combat systems for the Navy, Coast Guard and for foreign militaries, according to the Pentagon.
The cost-plus-fixed-fee, cost-type contract, announced Friday, will continue through October 2027 if all options are exercised. Work will be performed on shore at land-based test facilities, shipyards and onboard ships in port or at sea for the Navy, Coast Guard and at foreign military sale locations and supports the Alteration Installation Team at Navy Surface Warfare Center Port Hueneme Division in California.
Fiscal 2023 funds totaling $10,000 were obligated at the time of the award. Prism was among three contractors to submit a bid. In 2021, the company announced it would invest $4 million to construct two 12,000-square-foot building for manufacturing, lab and storage space.
Hampton-based VersAbility Resources Inc. has received a $140.7 million contract to support mail and postal service center support at Air Force installations across the U.S., the Pentagon announced Friday.
The firm-fixed-price, indefinitely delivery contract was a sole source acquisition and work is expected to be complete by Jan. 17, 20s3.
Founded in 1953, VersAbility Resources serves more than 1,800 people with disabilities and their families annually with a variety of services, including employment programs and business partnerships that provide staffing solutions.
An industrial building in Petersburg that once served as the tri-cities headquarters for Pepsi has sold for about $4.6 million, One South Commercial announced Wednesday.
An entity connected with Waukeshaw Development Inc. in Petersburg sold the 100,492-square-foot building located at 1501 W. Washington St. in Petersburg to 1501 Petersburg LLC, an entity based in McLean. The industrial building, which includes close to 100,000 square feet of leased warehouse space and 8,500 square feet of office space, is on 8.52 acres, according to One South.
Tom Rosman, Ken Campbell and Ryan Rilee, all of One South Commercial, represented the seller.
A Richmond-based real estate company has purchased three office buildings in western Henrico County for $5.35 million, Commonwealth Commercial Partners LLC announced Monday.
Formerly the headquarters of education research company EAB, the buildings are located at 1910, 1920 and 1950 E. Parham Drive. Marwaha Property Management, doing business as Marwaha Business Park LLC, purchased the buildings from SIR Properties Trust, a Henrico real estate developer. The buildings are 33,900 square feet, 28,800 square feet and 26,190 square feet.
In June 2022, EAB announced it would expand and relocate, consolidating its operations into another space in Henrico.
The buyer plans to rebrand the vacant complex Marwaha Property Management, according to Commonwealth’s announcement. Marwaha manages commercial and residential real estate across Virginia, and it plans to relocate its office into one of the buildings and lease the other two to other tenants.
Tucker Dowdy and Michael Good, both of Commonwealth Commercial, represented the buyer in the transaction.
Colliers will manage nearly 600,000 square feet across nine buildings. City Center, which is 52 acres, serves as sort of a central downtown area for Newport News and is a high-density, mixed-use development zoned for 250,000 square feet of retail, 1 million feet of Class A office space and 600 residences. MPG purchased the portfolio in 2021, and their holdings include nearly 450,000 square feet of Class A office space and more than 100,000 square feet of retail space.
“We have seen a trend where companies are moving to Class A mixed-use submarkets as a way to encourage employees to get back to the office,” Perry Frazer, executive vice president, said in a statement. “Amenity-rich Class A offices are in high demand as recruiting and retention are critical to companies moving forward in 2023. City Center checks all the boxes as a vibrant, active, walkable community filled with best-in-class companies.”
Colliers‘ Frazer, Brian Davidson and Robbie Berndt will handle office leasing. Harrison Hall, Peter Vick, Tyler Brooks and Maddy Spear will handle retail leasing. Todd Willett and Jessica Poyner will lead full-service property management.
This story has been updated to include the House of Delegates Health, Welfare and Institutions committee meeting on Tuesday.
On April 1, 2020, Dr. Lorna Breen returned to work, with COVID but fever-free. It was the first wave of the U.S. pandemic, and New York was on its way to becoming an epicenter. Nearly 1,400 people had already died from COVID in the city in just a few weeks, and as medical director of the emergency department at NewYork-Presbyterian Allen Hospital in Manhattan, Breen was among the front-line doctors treating the growing number of COVID patients.
About eight days after returning to work, Breen hit a breaking point. Her family arranged to bring her back to Virginia and secured psychiatric care for her from the University of Virginia Health System, recalled Corey Feist, Breen’s brother-in-law and the president and co-founder of the Dr. Lorna Breen Heroes’ Foundation.
“Once we obtained that care and she started to improve, she immediately said to us, ‘Now that I have obtained mental health care, this is going to impact my career and my license to practice medicine,'” Feist said. “And it was one of the last things she told us.”
“That is a difference in health care professionals, like doctors and nurses,” Feist said. “They don’t see a different career in their life. This is what they’re about. And so their identity becomes inextricably linked with their profession, and when you take away their ability to serve in that profession, you take everything away from them. It is one and the same. This is exactly what happened to my sister in-law, and sadly, this is exactly what happens to thousands of health care workers across the country.”
Breen’s fear that seeking help meant she could lose her license is a common one among health care professionals, largely a result of questions about seeking mental health treatment on state medical licensing applications, including Virginia’s. This concern contributes to a mental illness stigma and burnout in the field, and ultimately, reduces the public’s access to health care, industry professionals say.
In a move meant to destigmatize seeking mental health help in the health care field, Virginia could change that language in its health care worker licensing applications this year, should new legislation pass.
HB 1573 — approved by a Virginia House of Delegates subcommittee on Jan. 19 — and its companion bill in the state Senate, SB 970, would direct “the Department of Health Professions to amend its licensure, certification and registration applications to remove any existing questions pertaining to mental health conditions and impairment.”
Instead, those applications would ask:
Do you have any reason to believe that you would pose a risk to the safety or well-being of your patients or clients?
Are you able to perform the essential functions of a practitioner in your area of practice with or without reasonable accommodation?
“This is a simple thing we can do to encourage people to get treatment,” said Clark Barrineau, MSV’s assistant vice president of government affairs and public policy.
Del. Wendell S. Walker, R-Lynchburg, who introduced the House bill, said, “Virginia’s current language affirms the beliefs that mental health illness underlines a health care provider’s ability to do their job. … Such questions on this license application may cause physicians to forgo seeking psychological, psychiatric care, when they’re suffering from depression, anxiety, or just professional burnout, for fear of losing … their license.”
The bill also contains an emergency clause that would make the law take effect immediately after Gov. Glenn Youngkin signed it.
On Thursday, the Virginia House’s Health, Welfare and Institutions Subcommittee No. 3 voted unanimously to recommend that the full committee report the bill. On Tuesday, the full committee voted to do so unanimously, sending the bill to the House floor. The Senate companion bill, introduced by Sen. Montgomery “Monty” Mason, D-Williamsburg, was assigned to the Health Professions subcommittee of the Senate Education and Health committee, which voted unanimously on Jan. 20 to recommend reporting it to the full committee.
Neighboring states such as North Carolina have changed or removed mental health questions from similar applications for health care worker licensure and certifications, Walker said.
“If these other states are doing it, and we see the concern out here, I just felt like from the responses and what people shared with me, that this is a time that Virginia needs to come around and do the same thing,” he told Virginia Business.
With a shortage of health care professionals, including in his district, providers are working long hours in addition to handling stress and trauma: “There’s no such thing as a 37-, 40-hour workweek when it comes to these providers,” he told Virginia Business.
Virginia’s state license applications ask, “Do you currently have any mental health condition or impairment that affects or limits your ability to perform any of the obligations and responsibilities of professional practice in a safe and competent manner?” The question explains that “currently” means “recently enough” so that the condition could “reasonably” have an impact on the applicant’s ability to function as a practicing physician.
“By this question existing, we know for absolute fact, from our student members, because we represent medical students, and … medical residents … that they don’t go get treatment out of fear of this reality,” Barrineau said. Students and residents fear that they won’t be able to answer the question truthfully and receive their licenses.
Dr. Lorna Breen. Photo courtesy Dr. Lorna Breen Heroes’ Foundation
Feist was among those speaking in favor of the bill Jan. 19.
“This is a law that we are working to pass today that is going to not only save lives of health care workers, but it will benefit patients, because [providers] will be … able to perform at their best,” he told Virginia Business.
The pandemic exacerbated the existing problem. In late May 2022, U.S. Surgeon General Dr. Vivek Murthy released an advisory titled “Addressing Health Worker Burnout.”
“As the burnout and mental health crisis among health workers worsens,” Murthy wrote, “this will affect the public’s ability to get routine preventive care, emergency care and medical procedures.”
In September 2021, the Virginia Board of Medicine released a brief meant to dispel the misconception that a therapist or colleague would be legally compelled to report a physician seeking help to the state board, telling doctors, “Get help if you need it.”
The American Hospital Association published a study on health care workforce suicide prevention interventions, funded by a Centers for Disease Control and Prevention grant, in fall 2022. The study included a survey that received 158 responses, as well as interviews and focus groups conducted March-April 2022.
The study listed the stigma associated with talking about and seeking behavioral health care as one of three primary drivers of suicide among health care workers. Included in that stigma was a fear from clinicians that seeking care could have “a detrimental effect on their ability to renew or retain their state medical license.”
“This [law] is going to knock down the barriers and create a free and clear pathway and a consistent message to health care workers, which is that they must prioritize own well-being so that they can take the best care of patients,” Feist said.
United Virginians
During the Jan. 19 House subcommittee meeting, representatives from the Medical Society of Virginia, the Virginia College of Emergency Physicians and the Virginia Hospital & Healthcare Association spoke in favor of the bill. Representatives from MSV, VHHA and the National Alliance on Mental Illness (NAMI) advocated for the bill before the Senate subcommittee on Jan. 20.
“I never thought in the 30 years that I’ve been running around here, I would have to spend so much time dealing with suicide and mental health issues, but it is matured ahead of liability issues that we spent a lot of time on over the years,” said Scott Johnson, a partner at Hancock, Daniel & Johnson PC and head of its government relations team who spoke as general counsel to the MSV, on Thursday.
“I think you can ask any physician, throughout the country, we all know somebody who has committed suicide, and a lot of it was during COVID, because we were all overwhelmed,” Dr. Hailey Sparacino, a family care doctor in Lynchburg who also practices advanced surgical obstetrics, told the subcommittee Thursday.
She concluded her remarks by saying, “I think the stigma needs to go away, and I think this bill is a good way to start.”
Along with the Mannings’ gift, U.Va. will contribute $150 million, and the state has allocated $50 million in initial investments for the institute in its 2022-24 budget, according to the announcement.
The Paul and Diane Manning Institute of Biotechnology will focus on translational medical research to produce new medical treatments — such as cellular and gene therapies, nanotechnology and immunotherapy — that are expected to treat many different diseases. Although the new facility is expected to open in about four years at U.Va.’s Fontaine Research Park in Charlottesville, UVA Health has begun recruiting researchers who will work in the system’s existing facilities, UVA Health CEO Dr. Craig Kent said in an interview with Virginia Business this week.
Ultimately, Kent expects to hire about 100 scientists, as well as other employees to run the new institute, which will include a biomanufacturing facility about four times the size of UVA Health’s current biomanufacturing center, which is about 7,500 square feet and has researchers studying treatments for type 1 diabetes and Parkinson’s disease. In the new facility, which would provide between 30,000 and 40,000 square feet of lab space, researchers will be expected to test new therapies that could treat multiple diseases. According to U.Va.’s announcement, the institute will “bring together under one roof … high-tech research facilities, state-of-the-art manufacturing capabilities and welcoming patient care space.”
Additionally, Kent said, “we think this could be an incredible economic engine” for the Charlottesville area and beyond, drawing biotech companies. U.Va. is “very anxious to partner with other universities around the state,” such as medical researchers at Virginia Commonwealth University, Virginia Tech and George Mason University, as well as the existing biotech sectors in Richmond and Petersburg, he added.
Dr. Craig Kent, CEO of UVA Health. Photo courtesy UVA Health
U.Va. also aims to collaborate with multiple hospital systems to provide their patients access to treatments undergoing trials; UVA Health purchased the former Novant Health System in 2021 with three Northern Virginia hospitals, and it has an affiliation agreement with Lynchburg-based Centra Health Inc., which has four hospitals in Bedford, Farmville and Lynchburg. Kent said UVA Health is having “similar conversations with other health care companies in the state [to] not duplicate their offerings but make trials available to their patients.”
Virginia could eventually compete with the biotech industry’s hubs in Boston and North Carolina’s Research Triangle, Kent predicted. Charlottesville probably will grow as a result of the institute, he said, “but also this will affect the whole state. I could see biotech growing in all of these areas,” especially in the Richmond and Northern Virginia regions, which are easily accessible from Charlottesville. “Health care is evolving incredibly rapidly now. Knowledge about health and disease is growing, and treatment has changed a lot over the past 10 years. In the end, it’s about the research and the people.”
Discussions about the institute began between the Mannings and U.Va. officials about a year and a half before Friday’s announcement, Kent said, and Paul Manning, whose investment firm PBM Capital has invested in numerous pharmaceutical and life sciences companies, accompanied UVA Health officials to Richmond during the 2022 General Assembly session.
Virginia Senate Majority Leader Dick Saslaw, a member of the Senate Appropriations Committee, sought $75 million from the state’s general fund last year “for the initial recruitment of researchers to staff the Institute for Biotechnology,” and ultimately the state allocated $50 million in initial funding for the project in the 2022-24 budget, according to Friday’s announcement. Kent said he hopes the state will spend more on the institute in the future.
“Our goal is to have the best possible medicine — next-generation medicine — for the residents of Virginia and people around the globe,” Paul Manning said in a statement. “We’re building a world-class facility that will compete with anybody … in terms of research, manufacturing and treatment.”
Virginia Gov. Glenn Youngkin was set to attend the announcement Friday afternoon at U.Va.’s Rotunda.
“The announcement of the cutting-edge Paul and Diane Manning Institute of Biotechnology represents a critical step in Virginia’s rise in the biotech industry,” Youngkin said in a statement. “This major investment will help attract pharmaceutical companies to the commonwealth and further my administration’s commitment to develop a thriving health care system. I’m grateful for Paul and Diane Manning’s generous commitment, which will ensure more Virginians are able to receive the care and treatment right here in the commonwealth.”
The Mannings’ $100 million gift is among the largest private donations in U.Va.’s history, along with a $120 million gift in 2019 from Jaffray and Merrill Woodriff to start the School of Data Science, and David and Jane Walentas’ $100 million gift in 2019, most of which is used for first-generation student scholarships.
The Mannings have made significant philanthropic gifts to U.Va. and the University of Massachusetts Amherst in recent years, including more than $6 million toward diabetes and COVID-19 research at UVA Health and U.Va. Paul Manning, a UMass alum who founded PBM Capital after selling his infant formula company PBM Holdings Inc. for about $808 million in 2010, has served on the UVA Health Foundation board, the U.Va. Strategic Planning Committee and the U.Va. President’s Advisory Committee.
“We live in an incredibly exciting time of discovery in medicine — and the Manning Institute will ensure U.Va. remains at the forefront of research and patient care,” U.Va. President James E. Ryan said in a statement. “Paul and Diane Manning’s extraordinary gift will mean new treatments and therapies for the patients who need them most, and I’m immensely grateful for their generosity and vision. Importantly, this transformational investment in health care for Virginians was also made possible by critical support from Gov. Youngkin and key leaders in the General Assembly.”
According to a report Friday in Bloomberg, McLean-based Capital One Financial Corp. eliminated more than 1,100 technology positions this week. The McLean-based Fortune 500 banking company confirmed in a statement that it has cut jobs but declined to disclose how many and where.
“These associates are located throughout our footprint,” a spokesperson said by email Friday. The credit card giant’s headquarters is in McLean, but it also has a significant presence in the Richmond area, including at its campus in Goochland County.
On Wednesday, Capital One eliminated so-called “agile” jobs and integrated the responsibilities into existing engineering and product manager roles, the company said in a statement.
“The agile role in our tech organization was critical to our earlier transformation phases, but as our organization matured, the natural next step is to integrate agile delivery processes directly into our core engineering practices,” the statement said. “Instead of having distinct roles focused on agile delivery, engineering teams and product managers will share accountability for agile ceremonies, routines, and practices. By shifting oversight of execution and risk management to the teams already building and delivering software solutions, we further increase team collaboration and delivery speed.”
Capital One says it is offering “extensive career transition support,” and affected employees have been given at least 60 days notice and are able to apply for other jobs within the company. Associates not hired in other roles will be eligible for a severance package including at least 16 weeks of pay, retraining assistance and outplacement services, according to Capital One.
Capital One, which ranked 108 on the Fortune 500 in 2022, reported $317.2 billion in deposits and $444.2 billion in total assets as of Sept. 30, 2022, in its third-quarter earnings report. Its total revenue for 2021 was $30.4 billion, and the company had about 55,000 employees in September 2022.
In September 2021, Capital One laid off 147 remote Virginia workers working for a department based in Goochland County that was shut down.
Deputy editor Kate Andrews contributed to this story.
Amazon Web Services plans to invest $35 billion by 2040 to establish multiple data center campuses across Virginia, creating 1,000 jobs, Gov. Glenn Youngkin announced Friday.
Youngkin’s office said in a news release that “numerous localities in the commonwealth are under consideration” for the campuses, and specific sites “will be decided at a later date.”
AWS established its first data centers and operations facilities in Virginia in 2006. AWS has invested $35 billion in Virginia between 2011 and 2020, according to an economic impact study released by the company. It has 8,800 full-time AWS employees, as of Sept. 2021, the study says, but in total supported 13,500 jobs through data center construction and operation. It built a new corporate office in Fairfax County in 2017 and opened the first office in Amazon.com Inc’s new HQ2 East Coast headquarters, in Arlington, in 2019, according to the study.
AWS added 1,400 new full-time positions in 2021 and more than 1,000 contract-based data center roles in areas including security, facility maintenance, electrical and mechanical contracting, according to the study.
“AWS has a significant presence in Virginia, and we are excited that AWS has chosen to continue their growth and expand their footprint across the commonwealth,” Youngkin said in a statement. “Virginia will continue to encourage the development of this new generation of data center campuses across multiple regions of the commonwealth. These areas offer robust utility infrastructure, lower costs, great livability, and highly educated workforces and will benefit from the associated economic development and increased tax base, assisting the schools and providing services to the community.”
The Virginia Economic Development Partnership worked with the General Assembly‘s Major Employment and Investment (MEI) Project Approval Commission to secure the AWS expansion for Virginia.
Pending General Assembly approval, the commonwealth is developing a new state Mega Data Center Incentive Program, which AWS would be eligible for. The program would include an up to 15-year extension of data center sales and use tax exemptions on qualifying equipment and enabling software. Also subject to General Assembly approval, AWS would be eligible to receive an MEI custom performance grant of up to $140 million, including site and infrastructure improvements, workforce development and other project-related costs.
The issue of data centers and their locations have become a controversial topic in recent years. Legislation proposed by Del. Danica Roem, D-Manassas, seeks to slow or stop the proposed Digital Gateway in Prince William County, while a joint resolution filed by state Sen. Chap Petersen, D-Fairfax, asks the state’s Department of Energy to study the impacts of data centers on the commonwealth, including how they affect the economy, energy and climate change, WTOP reported. In Fauquier County, residents have fought a proposed 220,000-square-foot AWS data center, citing noise concerns. A public hearing and a vote on the matter is set for Feb. 14, according to the Fauquier Times.
In Loudoun County alone, AWS has 65 data centers in operation or in development.
“It’s always great news to see the commonwealth invest in great businesses and in our most important industries. Amazon Web Services has been actively investing in Loudoun for more than a decade and is one of our largest taxpayers,” Buddy Rizer, executive director for Loudoun County’s economic development department, said in a statement. “Importantly, they are also one of our most active corporate citizens, making major investments in our school system, Northern Virginia Community College and in other important social initiatives in the county. We’re proud to say that Northern Virginia is home to more AWS facilities than anywhere in the world, with more than 65 data centers in operation or in development in Loudoun alone. To see their continued growth in our county and throughout Virginia is great for everyone involved.”
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