Nine regional projects will receive a combined $5.8 million in Growth and Opportunity for Virginia (GO Virginia) funding, Gov. Ralph Northam announced Wednesday. The grants, which were approved by the Go Virginia Board and the Virginia Department of Housing and Community Development, will support regional economic development and workforce development initiatives and encourage collaboration among local
It occupies 14,000 square feet in the 20-story Boro Tower.
Alion Science and Technology Corp., an engineering solutions provider for defense and intelligence agencies, has moved into its new headquarters at the Boro Tower in Tysons. Alion is leasing 14,000 square feet of space in the 20-story building, which was jointly developed by The Meridian Group and Rockefeller Group. Alion relocated from its previous headquarters at 1750
Chantilly firm is building its capabilities in the Dayton area.
Chantilly-based Centauri has acquired two companies in Dayton, Ohio. Centauri, which describes itself as a provider of high-end space, intelligence, directed energy and cyber solutions, did not disclose how much it paid for Design Knowledge Co. (TDKC) and PreTalen Ltd. TDKC’s business involves microelectronics trust and assurance, space domain awareness and advanced visualization for enhanced situational awareness. PreTalen’s
The mega bank created from BB&T-SunTrust merger taps former SunTrust leaders.
Truist Financial Corp., the Charlotte, North Carolina-based mega bank created in December following the merger of BB&T and SunTrust, announced Tuesday it has named 24 regional presidents, three of whom will oversee the Virginia market. “Our ability to leverage our unique community model with its decentralized, regional structure combined with deep industry and banking expertise
The 200 Sodexo food service workers will receive an average 12% pay hike.
More than 200 Sodexo food service workers at Fairfax-based George Mason University will see an average 12% wage increase as a result of the workers’ first ratified union contract with New York-based labor union Service Employees International Union, Local 32BJ, the union announced Monday. Under the agreement that expires June 2024 for food service workers
Alex Iams had served as interim director of Arlington Economic Development since August.
Longtime Northern Virginia economic development professional Alex Iams has been selected as executive vice president of the Fairfax County Economic Development Authority (FCEDA), the agency’s president and CEO Victor Hoskins announced Monday. Iams was part of the team that worked under Hoskins at Arlington Economic Development to help secure Amazon.com Inc.’s HQ2 East Coast headquarters.
The parcel contains four mostly vacant buildings and three industrial lots.
A nearly 11-acre parcel in Fredericksburg’s Battlefield Industrial Park has sold for $3.8 million to Fairfax County-based Andrew and Andrew RE Investment, Cushman & Wakefield | Thalhimer announced Thursday. Located at the intersection of Tyler Street and Central Road, the parcel consists of four mostly vacant office and industrial buildings comprising 75,000 square feet and three
The region posted 192,000 positions in a 12-month period
The Washington, D.C., metro area led the nation in open IT jobs over a 12-month period, according to an industry survey. The Washington region, which includes Northern Virginia, ranked No. 11 overall in CompTIA’s Tech Town Index 2019. The index identifies the 20 metro areas with populations of more than 250,000 where demand for tech
DLT Solutions is now a subsidiary of Clearwater, Florida-based Tech Data Corp.
Herndon-based software and cloud solutions company DLT Solutions was acquired by Clearwater, Florida-based technology distributor Tech Data Corp., Tech Data announced Monday. DLT is now a wholly owned subsidiary of Tech Data Corp. The financial terms of the acquisition were not disclosed. DLT Solutions provides cloud solutions for the U.S. public sector and will continue
GTT Communications Inc. acquired telecommunications and IT provider KPN International
McLean-based cloud networking provider GTT Communications Inc. acquired Dutch telecommunications and IT provider KPN International for €50 million cash (or about $55.4 million), GTT announced Monday. The acquisition will add more than 400 strategic enterprise and carrier clients and will make GTT the preferred international network supplier for several hundred of KPN’s clients. It will