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Raytheon wins $985M Air Force hypersonic missile contract
Next step in hypersonic arms race
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Raytheon Technologies Corp.’s missile and defense division has received the go-ahead from the Air Force to move beyond the prototype phase and continue development of a new hypersonic cruise missile
Norfolk high rise sells for $27.5 million
Built in 1964, The Lafayette has 168 units
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The Lafayette, an apartment tower in Norfolk, has sold for $27.5 million, according to Norfolk public records. Philadelphia-based PRG Real Estate Management Inc. purchased the property from Graycliff Capital Partners
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HII receives $826M defense contract
Work includes technology services, analytics support
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Newport News-based Huntington Ingalls Industries will provide technology and other support to the Department of Defense under a $826 million contract. According to a news release, HII’s McLean-based mission technologies
Top Five July 2022
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The top trending stories on VirginiaBusiness.com from June 15 to July 14, 2022, were led by a surprise economic development announcement from a Danish toymaker known for its iconic and
Out and about
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Virginia Business held its 17th annual Virginia CFO Awards banquet at The Jefferson Hotel in Richmond on June 16. Sponsored by Truist and Brown Edwards, the event honored 51 CFOs
BUFFY BAREFOOT
President — Virginia Beach, TowneBank, Virginia Beach
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BUFFY BAREFOOT President — Virginia Beach, TowneBank, Virginia Beach Buffy Barefoot describes herself “as a pretty steady Eddie.” During her 27-year career in finance, she has worked for only two
DEBORAH JOHNSTON
Owner, Serenity First Hospice, Richmond
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Deborah Johnston’s father inspired her career path. When she was a child, he encouraged her to pursue a job in nursing for the opportunities it could afford her. “He said,
2021 Alternative Dispute Resolution
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The Hon. Michael C.Allen (ret.) The McCammon Group Ltd. Richmond The Hon. Joanne Alper (ret.) The McCammon Group Ltd. Richmond James W. Barkley The McCammon Group Ltd. Richmond Jeffrey F.
Reston’s Stanley Martin Homes breaks ground for RVA condos
Located near VCU, Carver Square will include 90 condos
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Reston-based Stanley Martin Homes broke ground on a new downtown Richmond neighborhood, Carver Square, last month. Located in the city’s Carver neighborhood near Virginia Commonwealth University’s Siegel Center and across
Virginia ranked No. 23 in the Oxfam America’s 2021 Best States to Work Index
In 2018 and 2019, Virginia was the bottom of the list, but the state rose to No. 24 in 2020.
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Virginia ranked No. 23 in the Oxfam America’s 2021 Best States to Work Index, continuing its rise from last place in 2019. Anti-poverty organization Oxfam America examines wage policies, worker