Fredericksburg firm lands $55M Navy contract
SimVentions to provide systems engineering, software development services
The U.S. Naval Surface Warfare Center Dahlgren Division (NSWCDD) awarded a $55 million contract to Fredericksburg-based engineering and technology contractor SimVentions Inc. to provide systems engineering and software development services, the company announced Friday. Under the five-year contract, SimVentions will work on the Track Management Engineering Analysis and Support system out of the NSWCDD. The
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Virginia joins six-state antigen testing agreement
State will have 500K rapid COVID-19 tests in cooperation with Rockefeller Foundation
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Virginia will be part of a six-state agreement that will expand rapid testing for COVID-19, Gov. Ralph Northam announced Tuesday. The state will purchase 500,000 antigen tests, which the governor says can deliver results in 15 to 20 minutes. Virginia joins Louisiana, Maryland, Massachusetts, Michigan and Ohio in the compact, according to a news release
Va. tops annual tech business rankings
State ranked No. 1 for cybersecurity leaders, digital infrastructure, unmanned aerial systems
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Virginia topped the charts in many categories of Business Facilities’ 16th Annual State Rankings Report released last week — especially for technology. This year, Virginia was ranked No. 1 for its cybersecurity leaders, digital infrastructure and unmanned aerial systems and No. 2 for its business climate. This was the first year that the national business
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Former Liberty football coach and player return as executive VPs
Turner Gill, Kelvin Edwards will focus on diversity and inclusion
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Liberty University announced Tuesday its former football coach, Turner Gill, and Liberty alumnus and former NFL player Kelvin Edwards will join its executive team in positions focusing on diversity and inclusion, as the Lynchburg institution has come under fire for what some former Black employees and students call a hostile environment. Gill and Edwards, who
Reston federal contractor acquires Md. IT company
EverWatch buys BrainTrust Holdings
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Reston-based government contractor EverWatch (which operates under private investment firm Enlightenment Capital) announced Monday it has acquired Columbia, Maryland-based information technology contractor BrainTrust Holdings. A transaction amount was not disclosed, but this marks EverWatch’s seventh and largest acquisition, according to a statement from Chevy Chase, Maryland-based Enlightenment Capital, which provides financial backing for EverWatch. EverWatch
DoD awards Fairfax company $22M Joint Staff contract
Salient CRGT Inc. to provide services to Joint Chiefs of Staff's senior leaders
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The U.S. Department of Defense awarded Fairfax-based software company Salient CRGT Inc. a $22 million contract to provide performance management initiatives and editorial support to the Joint Chiefs of Staff’s senior leadership, the company announced Monday. The five-year contract will support the Joint Staff Actions Division for Program Management, Program Planning and Execution and offer
Reston telemedicine company to go public
SOC Telemed to be listed on Nasdaq through merger with Healthcare Merger Corp.
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Reston-based telemedicine provider SOC Telemed announced Monday it plans to go public through a merger with a “blank check” company, Healthcare Merger Corp. (HCMC) — a transaction that would value SOC at $720 million. The combined company will operate as SOC Telemed and be listed on the Nasdaq. HCMC is a Nasdaq-listed public investment company.
Five Richmond-area Wawa locations sell for $35.2M collectively
Buildings leased by convenience retail chain encompass 24,867 square feet
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Five Wawa locations in the Richmond area have collectively sold for $35.2 million, JLL Capital Markets announced Monday. The buildings leased by Wawa Inc. encompass 24,867 square feet. The sale includes five Wawa locations in Chesterfield and Henrico counties: 6001 Iron Bridge Road in Chesterfield County; 8800 Brook Road in Glen Allen; 3840 N. Bailey
Virginia sees 136 COVID-19 deaths last week, higher than previous weeks
Number of new cases is slightly down, with 7,034 recorded last week.
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The number of new COVID-19 cases in Virginia went up by 7,034 last week, a decrease from the previous week, but the number of new virus-related deaths rose by 136, a higher rate than in recent weeks. The Virginia Department of Health reported Monday, Aug. 3 that there are 93,106 coronavirus cases statewide and 2,218
Construction investments shrank by roughly 30% last quarter
Associated Builders and Contractors reports major industry losses
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While the U.S. domestic gross product in the second quarter dropped to its lowest point since 1947, nonresidential and residential fixed investment contracted by 27% and 38.7%, respectively, the Associated Builders and Contractors (ABC) reported Thursday. “Despite construction’s status as an essential industry in most cities and states, the sector did not escape the wrath
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McLean satellite provider names VP global government affairs, policy
Peter B. Davidson joins Intelsat Corp.
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McLean-based communications satellite services provider Intelsat Corp. announced Monday it has hired Peter B. Davidson as vice president of global government affairs and policy. Davidson was most recently the deputy dean for strategic initiatives and an assistant professor at George Mason University’s Antonin Scalia Law School. In his new role, he will lead development of
Va. Beach company names chief franchising officer
Todd Evans to fill new role at Franchise Group Inc.
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Virginia Beach-based franchise business operator Franchise Group Inc. announced Monday that Todd Evans has been hired for the company’s new role of chief franchising officer. Evans was most recently the vice president of franchising with Orlando, Florida-based electronic repair shop franchise chain uBreakiFix, where he played a key role in opening more than 425 of
Leidos names health group president
Elizabeth “Liz” Porter promoted at Reston-based Fortune 500 company
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Reston-based federal contractor Leidos announced Monday that Elizabeth “Liz” Porter has been promoted as the company’s health group president. She will report to Chairman and CEO Roger Krone. Porter had been serving as acting health group president since March 9 and had previously served as operation manager for the Leidos Civil Group’s Federal Energy &
VCU names VP for strategy, enrollment management, student success
Tomikia LeGrande promoted at Virginia Commonwealth University
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Virginia Commonwealth University announced Monday that Tomikia LeGrande has been promoted as vice president for strategy, enrollment management and student success, effective Aug. 1. LeGrande had most recently been the vice provost for strategic enrollment management at VCU since 2018. In her new role, she will lead strategic priorities for the president and provost while
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Letters to the editor
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Refreshing straight talk Mr. Niemeier, I want to thank you for your column, “It’s time to speak up,” in the July 2020 edition of Virginia Business. Your straight talk phrase, “an unjust society is bad for business,” says all that needs to be said! What a breath of fresh air for you to put the
What’s normal?
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When things get back to normal. How many times have you heard that? How many times have you said that? What’s normal? Sometimes there’s a qualifier, like what’s the “new” normal? Who knows? If you think you do, wait and see. It’s not just the normalcy that is intoned by such nostalgic statements, it’s the
OurView: It’s time to speak up
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Whenever there is injustice, business pays the price. Can you say his name? George Floyd. The Confederate generals have taken multiple beatings in Virginia and elsewhere. Is it time for their statues to be gone? The business community needs to say “yes,” if for no other reason than because it’s good business. Virginia Business would
Opinion: How we can avoid the next health care supply shortage — essential generic medicines
Phlow Corp. co-founders, VCU dean discuss prescription drug shortage solutions
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Amid the COVID-19 crisis, America is witnessing something many of us once thought impossible: critical shortages of health care supplies. Doctors are devising ways to make one ventilator serve two patients, and citizens are sewing protective masks for donation to local hospitals. While this kind of American resourcefulness is uplifting, it is a situation that