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SAIC closes $1.2B deal to acquire Unisys Federal
The deal adds 2,000 employees to SAIC.
Reston-based government and defense technology contractor Science Applications International Corp. (SAIC) completed its acquisition of Reston-based federal government information technology services contractor Unisys Federal on March 13 for $1.2 billion in cash, the company announced Monday. The acquisition was first announced Feb. 6 and brings Unisys Federal’s cloud migration, among other services, to SAIC and
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Amazon to build two operations facilities in Hampton Roads, create 1,500 jobs
Both facilities are anticipated to open in 2021.
Amazon.com Inc. will build two operations facilities in Hampton Roads, creating an expected 1,500 jobs, Gov. Ralph Northam announced Tuesday. Both facilities are anticipated to open in 2021. The first facility is a multi-story robotics fulfillment center in Suffolk, which will create 1,000 jobs. The second is a 650,000-square-foot processing center in Chesapeake, which will
Howard Shockey & Sons Inc. names new senior VP
Jonathan Cadle comes from Hitt Contracting Inc.
Jonathan Cadle has been named senior vice president at Howard Shockey & Sons Inc., a Winchester-based general contractor that is 124 years old. He joins the firm from Glen Allen-based Hitt Contracting Inc., where he served as vice president, Shockey announced this week. With 25 years in the construction industry, Cadle is a member of
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Federal contractor Steampunk names chief design officer
Jen Sessums most recently comes from Fannie Mae.
McLean-based federal information technology services provider Steampunk Inc. announced Tuesday that Jen Sessums has joined the company as its chief design officer. Sessums was most recently the director of customer experience design at Fannie Mae, where she led the creative customer service studio overseeing user experience professionals, visual and service designers, content strategists and visual
$49M recycled pulp facility coming to Chesapeake
Total Fiber Recovery expected to create 68 jobs.
Oregon-based Total Fiber Recovery LLC will invest $49 million to establish its first pulp recycling facility in Chesapeake, creating 68 jobs, Gov. Ralph Northam announced Friday. The Chesapeake facility is set to begin operations in 2021 and annually process 300,000 tons of mixed paper and recycled fiber from materials recovery facilities in the region. The
The Brink’s Co. acquires UK company for $860M
The transaction is expected to close by Dec. 31.
Henrico County-based secure transportation and logistics company The Brink’s Co. will purchase United Kingdom-based security and cash management company G4S plc for $860 million, the company announced Wednesday. This will be the company’s 14th acquisition since March 2017. Brink’s primarily offers secure cash transit via armored trucks and other cash management services to companies in
Marsh & McLennan names EVP of business insurance
Max Richardson, a 15-year veteran, will oversee mid-Atlantic region.
Marsh & McLennan Agency has named Max Richardson executive vice president of business insurance in the mid-Atlantic region, a new position. He will be based in Charlotte, North Carolina. Richardson has been with the national insurance brokerage for 15 years and grew the risk management sector in Charlotte. He specializes in risk management, construction and
Reston-based IndraSoft promotes exec to chief growth officer
John Luongo has been with the company since 2018 as VP of growth and strategy.
Reston-based software company IndraSoft Inc. promoted John Luongo to chief growth officer, the company announced Thursday. Luongo joined the company in 2018 and was the vice president of growth and strategy. In his previous role and new role, he will focus on business development and corporate strategy. Before his time at IndraSoft, Luongo worked for
Lynchburg’s BWX Technologies promotes Rick Loving to senior VP
The company received an $806 million Navy contract in October.
Lynchburg-based nuclear components and fuel supplier BWX Technologies Inc. promoted Richard “Rick” W. Loving to senior vice president and chief administrative officer, the company announced Thursday. Loving has 40 years of experience previously working for energy company Babcock & Wilcox Co. and engineering company McDermott International Inc. He worked for BWXT from 1997 to 2007
Staunton’s Cadence Inc. names new VP of operations
Chris McHugh will oversee the company’s five facilities.
Staunton-based manufacturer Cadence Inc. announced Friday that Chris McHugh will be its new vice president of operations and will oversee the company’s five facilities. McHugh comes from New London, Wisconsin-based Bemis Healthcare Packaging, where he was vice president of global operations and supply chain. He has worked for more than 22 years at companies such