Posted on 4/26/21
Old Point Trust Begins Search for New Chief
Old Point Trust & Financial Services President, Chairman and CEO Eugene M. Jordan II will become general counsel and corporate secretary for the Hampton-based wealth management . . .
Posted on 4/26/21
Hollins University Appoints Laura A. McLary as Provost
Hollins University has named Laura A. McLary as its new provost effective July 1, the Roanoke-based university announced this week.McLary arrives from the University of Portland . . .
Posted on 4/26/21
Navy Federal Credit Union Names New Executive
Retired U.S. Navy Capt. Keith Hoskins was named executive vice president of branch operations for Vienna-based Navy Federal Credit Union in February, the member-owned nonprofit announced . . .
Posted on 4/26/21
The Hilb Group Announces Four Acquisitions
Henrico County-based insurance company The Hilb Group LLC (THG) announced a series of acquisitions in the last three weeks, bringing its total offices to more than . . .
Posted on 4/26/21
Dollar Tree Launches Digital Media Network
Chesapeake-based Fortune 500 discount retailer Dollar Tree has launched a digital media arm that aims to connect advertisers with potential customers via its Family Dollar retail . . .
Posted on 4/26/21
U.Va. Names New Engineering School Dean
The School of Engineering and Applied Science at the University of Virginia announced Friday the appointment of its first female dean, Jennifer L. West. She will . . .
Posted on 4/21/21
United Methodist Family Services Appoints Nancy Toscano as CEO
Nancy Toscano has become president and CEO of United Methodist Family Services (UMFS), a 121-year-old nonprofit statewide provider of social services programs for high-risk children and . . .
Posted on 4/21/21
BWX Technologies Lands $2.2B in Naval Nuclear Contracts
Lynchburg-based BWX Technologies Inc. has landed $2.2 billion in U.S. Naval Nuclear Propulsion Program contracts, the nuclear components and fuel supplier announced Tuesday.Approximately half of the . . .
Posted on 4/21/21
$59.6M Hydroponic Operation Coming to Va. Beach
Agriculture startup Sunny Farms LLC plans to build a $59.6 million, 32-acre hydroponic operation in Virginia Beach — creating 155 jobs and one of the largest . . .
Posted on 4/15/21
Fed Says Fifth District Economy Shows Moderate Growth
The economy has grown “moderately” in recent weeks, with strong production increases, employment rising and consumer spending up in the Federal Reserve’s Fifth District, which includes . . .
Posted on 4/15/21
Mary Baldwin University Announces $5 Million Gift
William H. “Bill” Goodwin Jr. and his wife, Alice, have made a $5 million gift to Mary Baldwin University to fund the launch of a new . . .
Posted on 4/9/21
Aging OIffice Parks Embrace Multifamily
A weekday lunch hour is relatively quiet on the grounds of the Boulders office park, south of Richmond, except for a few people chatting during a . . .
Posted on 4/8/21
Hunton Andrews Kurth Hires Hampton Roads Government Relations Director
Former Norfolk Commissioner of Revenue C. Evans Poston Jr. has been hired by Hunton Andrews Kurth LLP to expand its public affairs and strategies consultancy to . . .
Posted on 4/8/21
MCV Foundation Appoints Eric Peters as Director of Marketing and Communications
Medical College of Virginia Foundation has tapped Eric Peters as director of marketing and communications, promoting him from other marketing communications roles he’s held there since . . .
Posted on 4/8/21
Reston-Based SAIC Lands $4.4B in Defense Contracts
On the heels of an $830 million U.S. Army contract won in February, Reston-based Science Applications International Corp. (SAIC) has landed two more Army contracts worth . . .
Posted on 4/8/21
Gainwell Technologies Acquires HMS Holdings for $3.4B
Reston-based Gainwell Technologies, a six-month-old spinoff company of DXC Technology, has completed its approximately $3.4 billion acquisition of HMS Holdings
Posted on 4/7/21
Lynchburg’s BWXT Wins $690M Contract Extension
The U.S. Department of Energy has awarded a contract extension to Lynchburg-based nuclear components and fuel supplier BWX Technologies Inc. (BWXT) worth up to $690 million, . . .
Posted on 4/7/21
Carvana Proceeds With $25M Chesterfield Facility
After putting its plans in neutral, online used car retailer Carvana announced Tuesday that it plans to break ground this quarter on a $25 million, 191,000-square-foot . . .
Posted on 4/6/21
Urban Land Institute Va. Chapter Elects Daniel Cohen as Chair
Chesterfield County’s director of community enhancement, Daniel Cohen, has been elected chair of the Urban Land Institute’s Virginia District Council and will begin chairing the district . . .
Posted on 4/6/21
SolutionWorx Acquired by WingSwept
A year shy of its 30th anniversary, Chantilly-based IT services provider SolutionWorx has been acquired by WingSwept, a B2B tech services company based in Garner, North . . .
Posted on 4/6/21
Teresa Carlson Leaves Amazon Web Services
Teresa Carlson, the Herndon-based executive who founded Amazon Web Services’ public sector business, is leaving Amazon.com Inc.’s cloud computing subsidiary to become
Posted on 4/6/21
Va., Md., Del. Electric Coops Association Leader Retires
Richard G. Johnstone Jr. handed over the reins of the Virginia, Maryland & Delaware Association of Electric
Posted on 4/2/21
Shenandoah Growers Appoints Cameron Geiger as COO
Shenandoah Growers Inc. has hired former Walmart executive Cameron Geiger as the company’s chief operating officer, it announced this week.The Rockingham County-based agricultural products company says . . .
Posted on 4/2/21
Maximus Appoints Terry Weipert as General Manager
Government services company Maximus Inc. has named IBM executive Teresa “Terry” Weipert as general manager of its U.S. Federal Services Segment, the Reston-based company announced this . . .
Posted on 4/2/21
PPP Loans Deadline Extended to May 31
Businesses and banks received a two-month extension to apply for Paycheck Protection Program loans this week, as President Joe Biden signed legislation delaying the deadline for . . .
Posted on 4/1/21
Telos Corp. Appoints Troy M. Bertram as VP
Ashburn-based cybersecurity firm Telos Corp. has hired Troy M. Bertram as vice president to lead its global enterprise sales teams across state and local governments, education,
Posted on 4/1/21
Southern National Bancorp of Virginia is now Primis Financial Corp.
A new vision for the company prompted Sonabank to rebrand itself as Primis Bank, company president and CEO Dennis J. Zember Jr. said Wednesday in a . . .
Posted on 4/1/21
TMEIC Corp. in Roanoke Consolidates with Texas Operation
The parent of Roanoke-based TMEIC Corp. is merging its two United States operations effective April 1, the company announced this week, naming Manmeet S. Bhatia president . . .
Posted on 3/31/21
Richmond Supports Restaurants with ‘Picnic in a Parklet’
Two Richmond restaurants will see their on-street parking lanes become outdoor dining areas this week to serve customers, spark business and encourage safer and socially distanced . . .
Posted on 3/31/21
Dark Fiber Optic Network Coming to NoVa
A new 680-mile, regional fiber optic network will begin to take shape in Northern Virginia during the second half of 2021. The project is a joint . . .
Posted on 3/31/21
Volkswagen Group of America Pulls ‘Shocking’ April Fools’ Gag
Calling it a “public declaration” of its priority on electric vehicles, Herndon-based Volkswagen Group of America Inc. unveiled a new company name, Voltswagen of America, accompanied . . .
Posted on 3/31/21
Va. Finalizes $3.7B Rail Expansion Agreement
Virginia will have more train service in the next decade, as Gov. Ralph Northam announced Tuesday the formalization of a $3.7 billion rail expansion package in . . .
Posted on 3/30/21
BAE Systems Appoints Kirk Johnson as General Manager
Arlington-based defense contractor BAE Systems Inc. has hired Kirk Johnson as general manager of the Radford Army Ammunition Plant, effective March 29.
Posted on 3/30/21
IFS Acquires Axios Systems
Global enterprise software company IFS announced last week that it had agreed to buy Axios Systems PLC, a Scottish IT company whose North American headquarters is . . .
Posted on 3/30/21
Pittsylvania Truck Sales Company Plans $5.2M Expansion
Chatham-based J&J Truck Sales Inc. will build a 45,000-square-foot facility off U.S. Highway 29 in Pittsylvania County, Gov. Ralph Northam announced Monday.The $5.2 million project, adjacent . . .
Posted on 3/30/21
Accenture Federal Services Lands $453M VA Contract
Arlington-based Accenture Federal Services has won a $453 million contract from the U.S. Department of Veterans Affairs to modernize and improve G.I. Bill claims processing for . . .
Posted on 3/30/21
Super Radiator Coils Announces $9M Expansion in Chesterfield
Super Radiator Coils will hold a shovel ceremony April 12 to mark the third expansion of its manufacturing facility in northern Chesterfield County — a $9 . . .
Posted on 3/4/21
Shooting for The Moon
Heading into 2020, plenty of signs pointed to sunny skies ahead for Leidos Holdings Inc.A few years earlier, the Reston-based science, engineering and technology company had . . .
Posted on 2/8/21
A Taxing Year
After a turbulent business year, accountants are bracing for a tax season filled with increased uncertainty, complexity and the looming reality that, eventually, 2020 taxes will . . .
Posted on 3/9/20
Maximum Impact
When President Donald Trump stepped onstage at a General Dynamics Corp.-run factory last spring, an American flag and four M1 Abrams battle tanks served as his . . .
