Evermade Foods to expand Fauquier County operations
Will invest $110,000, add 46 jobs
Warrenton-based Evermade Foods is investing $110,000 to expand its manufacturing operations and add 46 jobs, Gov. Glenn Youngkin announced Monday. Evermade Foods is a co-manufacturer of prepared meals sold under
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Conways make $13M donation to VCU nursing school
Philanthropists made similar gift to U.Va.
Published
McLean philanthropists Joanne and William E. Conway Jr. have given $13 million to Virginia Commonwealth University’s School of Nursing, the university announced Monday. The gift is the largest in the
ECS Federal receives contract valued up to $429.5M
Will work to secure Army computer networks
Published
Fairfax-based ECS Federal LLC has received a contract valued up to $429.5 million from the Defense Information Systems Agency to improve security and reduce risk across the Army’s computer networks,
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17th Street Lofts sells for $4.65M in Richmond
One South Commercial represented seller
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An apartment building in the city of Richmond has changed hands. BP I LLC purchased the 17th Street Lofts, located at 329-333 Oliver Hill Way, from 333 Oliver Hill LLC
Norfolk industrial property sells for $7.3M
Building is 100% leased
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A 60,900-square-foot industrial property in Norfolk has been sold for $7.3 million, Colliers announced Sept. 20. Miami-based Jewell Capital LLC acquired the Brookside Industrial building, 4840 Brookside Court, from Maryland-based Hemsman
22 acres in Innsbrook to be developed into mixed-use
Land to be developed into apartments, hotel, retail
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Newton, Massachusetts-based Northland has acquired 22 acres to build a mixed-use development at the “North End” of the Innsbrook area in Henrico County, from Raleigh-based Highwoods Properties. The site is
RapidFlight to add 119 jobs at Manassas HQ
Drone company to invest $5.5M
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RapidFlight LLC, a designer and manufacturer of unmanned aircraft will invest $5.5 million to establish operations in Manassas, creating 119 jobs over the next three years, Gov. Glenn Youngkin announced
Raytheon wins $985M Air Force hypersonic missile contract
Next step in hypersonic arms race
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Raytheon Technologies Corp.’s missile and defense division has received the go-ahead from the Air Force to move beyond the prototype phase and continue development of a new hypersonic cruise missile
Pangiam to add 200+ jobs at new Tysons HQ
Tech company specializes in facial recognition, identity solutions
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Pangiam, a travel and security technology company, will invest $3.1 million to establish its global headquarters in Fairfax County’s Tysons area, creating 201 jobs over the next three years, Gov.
Google Public Sector taps Booz Allen exec as CEO
Karen Dahut to start Oct. 31
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Karen Dahut will be the CEO of Google Public Sector, Google LLC’s subsidiary focused on government and educational contracting work. Dahut starts Oct. 31 and will be based out of
DXC Technology receives takeover interest
Bloomberg reports Fortune 500 IT company approached by private equity firm
Published
Ashburn-based DXC Technology Co. has received takeover interest from at least one private equity firm and is working with advisers, Bloomberg reported Wednesday. A company spokesperson declined to confirm details
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Northrop Grumman names new defense systems president
Roshan Roeder succeeds Mary Petryszyn
Published
Falls Church-based Northrop Grumman Corp.’s board of directors has appointed Roshan Roeder as corporate vice president and president of the Fortune 500 company’s defense systems sector. Roeder currently serves as
Allianz promotes Canadian CFO to North American CFO
Patrick Espeut promoted after Jeff Wright became CEO
Published
Henrico County-based Allianz Partners USA has promoted Patrick Espeut to chief financial officer for the North America region, which includes the U.S. and Canada, the travel insurance and assistance company
Virginia State Bar names new exec director/COO
Cameron Rountree was interim executive director
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The former deputy executive director of the Virginia State Bar has been promoted to lead the organization responsible for the licensing of more than 50,000 lawyers in the commonwealth. Cameron
IALR names Boeing exec to EVP role
Todd Yeatts to start Oct. 3
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The Institute for Advancing Learning and Research in Danville has named Todd M. Yeatts as executive vice president of manufacturing advancement, effective. Oct. 3. Yeatts joins IALR from The Boeing
Opinion
2022 Virginia 500: The power of leadership
A note from the publisher
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Power is one of those things that can sound great until you have it. It’s a be-careful-what-you-ask-for kind of thing. Power without leadership often goes awry, leading to unfortunate outcomes.
All businesses great and small
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There are 32.5 million small businesses in the United States, employing more than 61 million people and making up a staggering 99.9% of the nation’s businesses, according to the U.S.
2022 Virginia 500: Moving up
A note from the editor about the 2022-23 Power List
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When I give my elevator speech about the Virginia 500, it usually starts this way: It’s like the Fortune 500, but instead of focusing on companies, it’s about people. More
Breaking rank
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What a difference a year makes. On July 13, 2021, against a backdrop of ships blasting their horns and spraying water in celebration at the Port of Virginia’s Norfolk International