Northrop Grumman Shipbuilding Newport News received a $49 million contract modification for the midlife overhaul now under way of the aircraft carrier USS Theodore Roosevelt. The work is expected to be finished in 2013. (Daily Press)
Sentara Healthcare, a Norfolk-based health-care services provider, was listed atop the list of most integrated health-care systems in the country for the second year in a row. Sentara is the only system to rank in the top 10 all 14 years of the survey by Modern Healthcare magazine. (News release)
TowneBank, a Portsmouth financial institution, bought W.T. Chapin Inc., a Newport News insurance company. Chapin will become an affiliate of Towne Insurance Agency, a subsidiary of TowneBank.
(Daily Press)
TRG Customer Solutions, a Jacksonville, Fla., provider of customer management solutions, will invest, along with its partner First Potomac Management LLC, $900,000 to expand its Hampton operations. The investment will save 300 jobs and create 120 more. (News release)
Vandeventer Black LLP, a Norfolk law firm, opened an office in Pasadena, Calif. The move will enhance services to its clients in a variety of areas, including insurance, workers comp, labor and employment. It is the firm’s first West Coast office. (News release)
A Virginia Beach-commissioned study found that massive flooding near a proposed uranium mine in south-central Virginia could temporarily contaminate the city’s water supply. City officials oppose mining a Pittsylvania County hilltop rich in uranium, fearing a hurricane or tropical storm could destroy landfill-like containers holding radioactive waste and flush contaminants into Lake Gaston, a main source of city water. (The Virginian-Pilot)
VSD LLC of Virginia Beach received a $15 million contract from the Navy to develop, construct and provide training for a team of contractors in the development of four simulators to train Iraqi naval personnel in the operation of offshore support vessels. (News release)
The Obama administration could begin leasing sites off the coasts of Virginia and three other states for wind energy development by the end of the year. Energy Secretary Steven Chu and Secretary of the Interior Ken Salazar announced that the federal government would spend $50.5 million over the next five years to fund research and development to support offshore wind energy. (The Virginian-Pilot)
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