Arlington federal contractor acquires Alexandria tech firm
Planned Systems International purchases ProSphere Tek
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Arlington-based IT services federal contractor Planned Systems International Inc. acquired Alexandria-based technology company ProSphere Tek Inc., it announced Thursday. Financial details of the transaction were not disclosed. Founded in 2006, federal contractor ProSphere designs and maintains mission-critical systems, supports data center operations and migrates business services to public clouds. PSI valued its network/cloud operations and
Northrop Grumman names chief sustainability officer
Michael Witt was Dow's corporate director of environment, health and safety and sustainability
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Northrop Grumman Corp. has named Michael Witt its vice president and chief sustainability officer. He will assume the role on Aug. 9, according to the Falls-Church based Fortune 500 aerospace and defense contractor. Witt will lead Northrop Grumman’s sustainability initiatives, creating business practices for carbon reduction, resource efficiency and materials management. Witt previously held leadership
Yorktown’s Duke of York Hotel sells for $3M
Built in 1965, hotel will receive renovations, name change
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The Duke of York Hotel in Yorktown sold for $3 million, M.A. Bowry & Co. announced July 2. Built in 1965, the 57-room, 26,084-square-foot, limited-service hotel is located on the York River. It will remain open as the company renovates it. Crockett Enterprises LLC sold the hotel to a limited liability company connected to M.A.
James City County industrial building sells for $2.67M
Design Masters building will house The Drying Co.
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The Design Masters building in James City County sold for $2.67 million, Cushman & Wakefield | Thalhimer announced Wednesday. Tetreault Holdings Inc. bought the 40,000 square-foot-building from Friendship Partner as an investment for their contracting business, The Drying Co./ThermalTec, according to the news release. The industrial building is located in Toano at 3005 John Deere
DISYS names CFO and treasurer
Philip Monti will oversee finances for McLean-based staffing firm and Florida subsidiary
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McLean-based staffing firm Digital Intelligence Systems LLC named Philip Monti as its chief financial officer and treasurer of the combined enterprise of DISYS and Signature Consultants, DISYS announced Wednesday. He will oversee financial operations and management of the enterprise, building on his former position at Signature Consultants, a Florida-based IT staffing firm that DISYS acquired
George Mason hires chief diversity officer
Sharnnia Artis is assistant dean for access and inclusion for two UC Irvine schools
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Sharnnia Artis will be George Mason University’s vice president for diversity, equity and inclusion and chief diversity officer, beginning Sept. 1. Artis currently serves as the assistant dean for access and inclusion in the Donald Bren School of Information and Computer Sciences and Samueli School of Engineering at the University of California, Irvine. George Mason
Old Point National Bank appoints VP operations
Christopher Hobbs comes from U.Va. Community Credit Union
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Hampton-based Old Point National Bank has appointed Christopher Hobbs as its vice president of operations, the bank announced Wednesday. “We are so pleased to have Chris Hobbs join the Old Point family,” said Susan R. Ralston, executive vice president and chief operating officer for Old Point, in a statement. “His expertise will be instrumental as
Shield AI acquires Alexandria-based defense contractor
Companies creating AI pilots for military aircraft
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Alexandria-based defense contractor Heron Systems Inc. was acquired by San Diego-based technology company Shield AI, according to announcement Thursday from Shield AI. Financial details of the transaction were not disclosed. The companies will work on the deployment of artificial intelligent pilots for military aircraft. Shield AI is applying self-driving car technologies to military aircraft, according
Danville apartment complex sells for $7.85M
100-unit Turnpike Townhomes is on Franklin Turnpike
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Danville Investors LLC sold the 100-unit Turnpike Townhomes for $7.85 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Tuesday. Turnpike Townhome Apartments LLC purchased the apartments at 1300 Franklin Turnpike, as well as parcels of adjacent vacant land, on June 21. Clay Taylor, a certified commercial investment member, of Cushman & Wakefield |
John Tyler Community College renamed Brightpoint
Slaveholding, Confederacy-supporting namesake didn't reflect institutional values, college said
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John Tyler Community College will become Brightpoint Community College after receiving unanimous approval from the Virginia Community College System state board in its Thursday meeting. On July 8, John Tyler Community College President Edward “Ted” Raspiller announced that he had recommended Brightpoint Community College as the school’s new name to the state board. The Chester