2,000 Amazon employees move into HQ2 during first week
E-tailer expects all 8,000 hires so far to move in by early fall
About 2,000 employees moved into the first open tower at Amazon.com Inc.’s $2.5 billion HQ2 East Coast headquarters in Arlington this week. Floors 1-14 of Merlin, one of Amazon’s two
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General Dynamics subsidiary to build ninth Navy oiler
$736M contract modification brings total value up to $5.5B
Published
A subsidiary of Reston-based General Dynamics Corp. has received a $736 million contract modification for detail design and construction of the ninth replenishment oiler in the Navy’s John Lewis-class fleet,
Auto parts manufacturer to expand in Emporia
Heyco Werk USA Inc. to spend $5.4M, add 21 jobs
Published
Heyco Werk USA Inc., a subsidiary of Germany-based automotive parts manufacturer Heyco Group, plans to invest $5.4 million to expand its operations in Greenville County, adding 21 jobs, Gov. Glenn
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Valiant wins $748M language services task order
Herndon defense contractor to translate for U.S. Central Command
Published
Herndon-based defense contractor Valiant Integrated Services LLC will provide linguist and translation support to the U.S. Central Command under a $748 million task order with a ceiling value of up
Navy awards $1.1B more for sub construction
General Dynamics, Newport News Shipbuilding sharing construction duties for Virginia-class subs
Published
General Dynamics Corp.’s Groton, Connecticut-based Electric Boat Corp. has received nearly $1.1 billion more from the Navy to continue building Virginia-class submarines, and its teammate, Newport News Shipbuilding, has received
SAIC lands $249M Navy air warfare contract
Reston contractor to service combat instrumentation platforms
Published
Reston-based Science Applications International Corp. will continue servicing combat instrumentation platforms used by the Naval Air Warfare Center Weapons Division for training and test evaluation under a potential $249 million
Inova receives $75M donation for heart, vascular programs
Philanthropists Dwight and Martha Schar have given $126M
Published
Northern Virginia philanthropists Dwight and Martha Schar have made a $75 million matching gift to support Inova Health System’s heart and vascular treatment programs, Inova announced Tuesday. The Schars have
Alexandria’s QED Investors raises $925M for two new funds
Managed funds now at $4B
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Alexandria-based fintech venture capital firm QED Investors raised $925 million for two new funds, QED announced Tuesday. The funding comes from two capital commitments: a $650 million oversubscribed early stage
SWVA ‘ideal’ for small nuclear reactors, study says
Seven potential sites identified in region
Published
Sites in Dickenson, Lee, Scott and Wise counties and the city of Norton would be “ideal” for installing small modular nuclear reactors (SMRs), according to a state-funded feasibility study released
DISYS and acquired company rebrand as Dexian
McLean staffing firm, Signature Consultants launch combined platform
Published
McLean-based staffing firm Digital Intelligence Systems LLC (DISYS) and Florida-based Signature Consultants LLC have rebranded their combined company as Dexian, DISYS announced Monday. DISYS first announced its acquisition agreement with Signature
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VPAP names new director
Chris Piper was elections commissioner in Northam administration
Published
Chris Piper, former commissioner of the Virginia Department of Elections under Gov. Ralph Northam, will be the next director of the Virginia Public Access Project (VPAP) after founder David Poole
VCU names new engineering dean
Azim Eskandarian comes from Virginia Tech
Published
Azim Eskandarian, a Virginia Tech mechanical engineering professor and department head, has been named the next dean of the Virginia Commonwealth University College of Engineering, VCU announced Tuesday. Eskandarian, whose
Forvis names new Va. managing partner
Jennifer Wold succeeds Tom Hazelwood June 1
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Forvis has named Jennifer Wold as managing partner of its Virginia practice unit, the accounting firm announced Monday. Wold’s role becomes effective June 1. She succeeds Tom Hazelwood, who has
Shenandoah Valley SBDC names new director
Allison Dugan had been assistant director since 2019
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Shenandoah Valley’s Small Business Development Center, based in Harrisonburg, has named Allison Dugan its newest director. Dugan started with the regional SBDC as a part-time program manager in 2014 and
Opinion
Choppy waters for ocean shipping
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What a difference a year makes. In March 2022, ocean freight rates were at record highs, with capacity straining under the weight of historic U.S. import demand. High inventories and
Our new AI overlords
Published
A worker who never tires — who never needs to take a coffee break, who doesn’t get sick, who doesn’t disagree and who doesn’t have a messy home life or
Crown jewels
Letter from the publisher
Published
The Port of Virginia and its surrounding maritime community are the crown jewels of economic development in Virginia. Fewer than half of U.S. states have any coastline at all, not
Is ESG another CRT?
Published
In January, Virginia Attorney General Jason Miyares joined a group of 24 other state attorneys general in challenging a U.S. Department of Labor rule allowing fiduciaries to consider environmental, social