Northrop Grumman to build $5.1 billion Navy aircraft carrier

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Northrop Grumman Shipbuilding in Newport News signed a $5.1 billion contract with the Navy to build the nuclear-powered Gerald R. Ford aircraft carrier. The contract was expected as the company builds all nuclear-powered ships for the Navy. (The Virginian-Pilot)

Virginia’s Commission on Climate Change is still revising its findings and recommendations on global warming, but commission members agree that the rising sea level threatens coastal Virginia, military bases, ecosystems and the state’s oyster and blue crab populations. A report of recommendations is due by Dec. 15. (Richmond Times-Dispatch)

Danville Community College is partnering with Luna Innovations to provide a nanotechnology technician training program. The National Science Foundation is funding the partnerships through a three-year, $638,000 grant. (Danville Register & Bee)

For the Record

Henrico County’s plans to buy a 205-acre tract of land in the western part of the county received a green light from the board of supervisors. The Short Pump site is being eyed for a high school, park, fire station and fueling and water-storage facilities. The $24.2 million price tag is $2.3 million less than what the county previously considered giving. The deal was put on hold for more than a year while county land deals were examined. (Richmond Times-Dispatch)

The Richmond area dropped from 56th to 102nd in a survey of metro areas and their generation of high-tech jobs. The annual survey by the Milken Institute, a California think tank, and Florida asset management firm Greenstreet Real Estate Partners, studies job generation, wage growth and development of the high-tech industry. The index has been published since 2003. From 2002 to 2004 the Richmond region ‘s rank dropped   from 106th to 125th . In 2005 the Richmond region was redefined, adding six more counties, and moved up to 63rd. The loss of 1,000 banking and finance jobs, including some positions lost when Wachovia Securities moved its headquarters to St. Louis, had an affect on this year’s ranking. (Richmond Times-Dispatch)

Landmark Communications Inc., a Norfolk-based communications company, sold its marketing services firm Q Interactive, to Intrepid Investments, a merchant bank based in St. Thomas, Virgin Islands, which invests in technology companies. Q Interactive, based in Chicago, provides marketing services to advertisers and publishers and has about 120 employees. More than half of the nation’s top 100 advertisers use Q Interactive. (The Virginian-Pilot)

Smithfield Foods Inc., a Smithfield-based pork products producer, joined 36 other companies in a federal program to deter employment of undocumented workers. The ICE Mutual Agreement Between Government and Employers, or IMAGE program, is administered by the U.S. Immigration and Customs Enforcement office and provides training to companies which agree to aid deterrents such as a tip line to report the employment of undocumented workers. Smithfield is one of 11 new associate members, which means it has not fulfilled all 10 program requirements. The company was the target of two immigration raids in North Carolina during 2007. (The Virginian-Pilot)


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