Morrissey’s Petersburg casino bill fails in Senate Finance
House bill is still alive, though
Updated Friday, Feb. 3 With an 7-8 no vote Thursday evening, the Virginia Senate Finance and Appropriations Committee killed state Sen. Joe Morrissey’s measure to bring a casino referendum to
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CNU chooses next president, Coast Guard Academy chief
Rear Adm. William G. Kelly will retire from military
Published
U.S. Coast Guard Academy Superintendent Rear Adm. William G. Kelly will become Christopher Newport University’s sixth president on July 1, the Newport News-based public liberal arts school announced Thursday. CNU
Danville pharma startup announces $6.1M expansion
Engineered BioPharmaceuticals to create 34 jobs
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Danville-based pharmaceutical engineering and manufacturing company Engineered BioPharmaceuticals Inc. will invest $6.1 million to expand from a business incubator into its first standalone manufacturing space, Gov. Glenn Youngkin announced Wednesday.
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Report: Air taxis could land Va. $16B in new biz by 2045
Study recommends state air mobility director
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Air taxis could generate up to $16 billion in new business in Virginia and carry as many as 66 million passengers by 2045, according to an economic impact study released Tuesday.
Boeing receives $2.25B Air Force tanker contract
Lot 9 includes 15 KC-46A Pegasus tankers
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Arlington-based Boeing Co. will help the Air Force expand its fleet of KC-46A Pegasus tanker aircraft under a $2.25 billion contract modification announced by the Pentagon Friday. The award covers
Norfolk’s MacArthur Center mall listed for sale
JLL is marketing the downtown mall
Published
Downtown Norfolk’s struggling mall, MacArthur Center, is officially on the market. A listing from real estate company JLL describes the 23-acre property as “a compelling redevelopment opportunity.” The listing encourages
Petersburg casino bill moves to Senate committee
Measure would prevent second Richmond referendum
Published
A Virginia State Senate bill that would allow Petersburg residents to vote on allowing a casino in their city is still in play, following a 7-2 vote by the Senate
Manassas company to develop short takeoff, landing aircraft for Air Force
Electra developing $85M prototype that can operate in soccer field-sized spaces
Published
Manassas-based aerospace company Electra.aero Inc. has received a Strategic Funding Increase award from the U.S. Air Force’s AFWERX arm that secures up to $85 million for development of a prototype
Reston contractor lands $235M extension for Iraq base support
Acuity International contract with Air Force extends into 2024
Published
A subsidiary of Reston-based federal contractor Acuity International LLC won a $235.6 million U.S. Air Force contract modification to provide base support and security services for the Iraq F-16 program,
Rocket Lab launches first mission from U.S. soil
HawkEye 360 satellites launched from NASA Wallops facility in Accomack
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After more than a month’s delay, Rocket Lab USA’s first launch from U.S. soil at NASA’s Wallops Flight Facility in Accomack County blasted off Tuesday evening. The mission, “Virginia is
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Phlow promotes chief biz officer to president
Dan Hackman joined Richmond pharma company in 2020
Published
Richmond-based Phlow Corp. has promoted Dan Hackman from chief business officer to president, the pharmaceutical manufacturing company announced Thursday. Hackman joined Phlow in 2020. He previously worked with Kaleo Inc.
Cox expands Myers’ role to East Coast
Exec oversees cable provider's operations from Rhode Island to Florida
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Cox Communications Inc. has expanded Virginia executive J.D. Myers II’s’ role so that he now oversees much of the East Coast. Myers, who is based in Chesapeake, previously had oversight
Northrop Grumman appoints global biz development officer
Stephen O’Bryan comes from Boston Consulting Group
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Stephen O’Bryan will become corporate vice president and global business development officer for Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. on Feb. 6. Northrop Grumman announced
Ashland fire protection firm CEO retires
VSC Fire & Security president assumes role
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Ashland-based VSC Fire & Security (VSC) President Tommy Clements has assumed the added role of CEO, following former CEO Mike Meehan’s retirement, the fire protection and security company announced in
Opinion
Business climate change
Published
It’s no secret that the COVID-19 pandemic brought about a revolution in how workers and businesses think about where, when and how we work. And that change is fully reflected
Tax cuts are the way to grow
State should refund surplus to families, businesses
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Virginia’s finances are in excellent shape, paving the way for the General Assembly to agree with Gov. Glenn Youngkin that it’s time to cut taxes in the commonwealth. It’s your
Reimagining the corporation
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Welcome to the New Year! 2023 is a new one indeed. Business as usual isn’t so usual anymore. Tech companies are downsizing faster than local daily newspapers. Starbucks baristas are
Business is better
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Over the past several months, there’s been a bit of a buzz about the direction of the global economy. In conversation, many business leaders will express deep concerns about inflation