The kids are getting better
Richmond health care company teams up with nonprofit started by The Who's Roger Daltrey
Richmond-based health care company StageZero Life Sciences Ltd. has teamed up with a nonprofit started by legendary The Who frontman Roger Daltrey to improve diagnosis and survival rates of teens and young adults with cancer. StageZero developed Aristotle, an mRNA multicancer panel that screens for several types of cancer in a single blood sample. The
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Va. had record 328,000 job openings in September
Va. had 8,000 more job openings than record set in July
Published
Virginia had 328,000 job openings in September and 123,000 quits, 4,000 fewer quits than the April 2021 peak, according to U.S. Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS) data released Nov. 19. The September job openings number set a record previously set in July, when there were 320,000 openings. The
BlueHalo acquires Md. software company
Tech contractor continues acquisition streak
Published
Arlington-based tech contractor BlueHalo announced Tuesday that it had acquired Annapolis Junction, Maryland-based software solutions provider Asymmetrik Ltd. Financial details of the transaction were not disclosed. Founded in 2008, Asymmetrik develops software solutions and technology tools to enable the intelligence community’s programs. It delivers open-source intelligence technologies to enable the collection and analysis of publicly
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M.C. Dean secures $250M Washington HQ Services contract
Firm to provide electronic and physical security systems for Pentagon
Published
Tysons-based electrical engineering firm M.C. Dean Inc. won a $250 million contract with the Washington Headquarters Services in Arlington, the U.S. Department of Defense announced Thursday. Under the firm-fixed price, indefinite delivery, indefinite quantity Pentagon Force Protection Agency Integrated Security Services Contract, M.C. Dean will provide a total system approach for providing integrated electronic and
GDIT wins $829M Defense Intelligence Agency contract
General Dynamics Corp. subsidiary will provide IT help desk services
Published
Falls Church-based General Dynamics Information Technology Inc. (GDIT) won an $829 million contract with the Defense Intelligence Agency (DIA), the U.S. Department of Defense announced Monday. Under the fixed-price, award-fee task order, the Fortune 500 General Dynamics Corp. subsidiary will provide all IT help desk services for the DIA. Work will be performed at Joint
Former LeClair Ryan execs reach $10M settlement
Firm founder, CEO, others reached agreement with bankruptcy trustee and insurer
Published
Former executives at Richmond-based LeClair Ryan PLLC have reached a settlement with the firm’s insurer and bankruptcy trustee over $10 million in pending claims, according to a report from The American Lawyer. The firm’s liability insurer, Columbia Casualty, agreed to pay the firm’s trustee, Lynn Tavenner, $9.425 million to resolve claims including conspiracy and breach
VEDP board taps interim president
Jason El Koubi has been with VEDP since 2017
Published
The Virginia Economic Development Partnership Board of Directors’ executive committee voted unanimously on Nov. 17 to name Jason El Koubi interim president and CEO of the partnership, effective Jan. 1. VEDP’s executive vice president, El Koubi has been with the organization since July 2017. “We have succeeded because we have a highly talented, dedicated team,
Roanoke biz to create 30 jobs in Scott County
VFP Inc. will spend $7.2M to expand the ability to produce larger shelters
Published
Roanoke-based VFP Inc. will invest $7.2 million to expand in Scott County, creating 30 jobs, Gov. Ralph Northam announced Monday. The expansion will allow VFP to produce larger concrete shelters. “Great workers live in Southwest Virginia, and companies like VFP recognize that,” Northam said in a statement. “Virginia is advancing manufacturing across the commonwealth, and
Metro to keep reduced service levels through end of year
Much of Metro fleet is still sidelined after October derailment
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Metro customers will see reduced rail service through the end of the year, the Washington Metropolitan Area Transit Authority announced Monday. The transit system authority attributed the disruption to its 7000-series fleet, the newest rail cars, still being out of service. These trains make up much of Metro’s fleet but have been sidelined since October.
Alden Global Capital seeks to buy Lee Enterprises for $144M
Deal would see most Virginia newspapers owned by one company
Published
Alden Global Capital, the hedge fund that owns The Virginian-Pilot and Daily Press in Virginia, has proposed purchasing Lee Enterprises, the Iowa-based owner of the Richmond Times-Dispatch and most other major Virginia newspapers, for approximately $144 million, Alden announced Monday. If accepted, the $24 per share purchase price would consolidate 12 of Virginia’s daily legacy
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Northrop Grumman promotes next president of space systems sector
Tom Wilson will succeed Blake Larson
Published
Tom Wilson will be promoted to corporate vice president and president of space systems for Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. on Jan. 1. “Tom’s leadership experience and achievements in the national security, civil and commercial space markets make him ideally suited for his new role,” Kathy Warden, Northrop Grumman’s
Stafford supervisor elected to head VACo
Meg Bohmke was elected Nov. 16
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Stafford County Supervisor Meg Bohmke was elected the next president of the Virginia Association of Counties (VACo) at the group’s annual conference in Norfolk on Nov. 16. Bohmke succeeds Fairfax County Chairman Jeffrey C. McKay and becomes the second president from Stafford to lead the association, following Ferris M. Belman who led the group from
Colliers promotes J. Scott Adams to executive managing director
Adams is based in Norfolk
Published
J. Scott Adams has been promoted from regional president to executive managing director for Colliers’ Virginia and Raleigh, North Carolina, brokerages, Colliers announced Nov. 9. Adams will focus solely on the leadership of all brokerage operations in the region. He will be based in Norfolk but will travel between the Virginia and Raleigh offices weekly.
The Motley Fool hires chief diversity and inclusion officer
Rachel Williams has worked for Yelp, StubHub, Alphabet
Published
Alexandria-based financial services company The Motley Fool Holdings Inc. has hired its first chief diversity and inclusion officer, the company announced Wednesday. Rachel Williams joined the company on Nov. 12. She will work on recruiting, leadership development, employee engagement and retention. Her focus will also include advising The Motley Fool’s product and marketing teams. Williams
Opinion
Higher values
Published
About 30 years ago, I was a volunteer for a local group of marketing professionals that was launching its Marketer of the Year awards. Publicity was needed. Working in marketing at the local paper, the task fell to me to pitch the event to the newsroom. In those days, the news business was fairly balkanized;
Magical thinking
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Listening can be difficult; that’s often an early lesson learned and hopefully one paid better attention to as life goes on. I’ll admit that’s been the case for me. Listening is especially important in business. Customers, co-workers, suppliers and vendors all have points of view that are worthy of consideration. Listening is probably the most
Political Kool-Aid
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Depending on who’s in charge in Dee Cee, plans alternate on what is best for the U.S. economy. The choices are seemingly reduced to tax cuts versus government spending, but things are rarely as they seem. More accurately, these choices are two different sides of the same dollar — or trillions of dollars to be
Virginia Business 3.0
Published
Welcome to the second annual edition of the Virginia 500. Last year’s inaugural publication, published in the depths of a pandemic-constrained economy, was quite a surprise — in fact, it was the most successful new product launch in the history of Virginia Business. Publishing a directory of the commonwealth’s most powerful and influential leaders fits