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Huntington Ingalls Industries to acquire Alion in $1.65B deal
McLean-based defense contractor Alion Science and Technology has $3B backlog
Newport News-based Fortune 500 military shipbuilder Huntington Ingalls Industries will acquire McLean-based defense contractor Alion Science and Technology Corp. from Veritas Capital in a $1.65 billion, all-cash deal, HII announced
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HII names new CIO for Newport News Shipbuilding
Jason Sutton joined HII in 2018
Published
Jason K. Sutton has been promoted to chief information officer for Newport News Shipbuilding, parent company Huntington Ingalls Industries announced last week. Sutton, who joined the company in 2018 as
Canon Virginia CEO retires after 41 years
Toru Nishizawa will be succeeded by Shingo Shigeta
Published
Toru Nishizawa, president and CEO of Newport News-based Canon Virginia Inc. and Canon Environmental Technologies Inc., retired June 1 after 41 years with the multinational corporation known for its optical
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Modular housing manufacturer setting up Newport News plant
indieDwell expected to produce 220 jobs, governor says
Published
A modular housing manufacturer plans to establish its first East Coast facility in Newport News, investing $2 million and producing 220 jobs, Gov. Ralph Northam announced Tuesday. A Public Benefit
Técnico Corp. buys Newport News building for $3M
Property is in Oyster Point Park
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An industrial building in Newport News’ Oyster Point Park was sold for $3.125 million, Cushman & Wakefield | Thalhimer announced this week. Técnico Corp. purchased the 53,414-square-foot building on 3.93
Realtors society elects Dawn Griggs as mid-Atlantic regional director
Cushman & Wakefield | Thalhimer broker begins term this fall
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Dawn Griggs, a first vice president with Cushman & Wakefield | Thalhimer, has been elected as a regional director for the Society of Industrial and Office Realtors (SIOR), the commercial
Newport News, Hampton launch Peninsula Cares Act Fund
$1.5M revolving loan program open to local businesses
Published
The cities of Hampton and Newport News opened a new low-interest loan program for COVID-affected businesses on Thursday. Known as the Peninsula Cares Act Fund, it will lend a total
General Dynamics books $2.4B Navy contract to build 10th submarine
Electric Boat, Newport News Shipbuilding win contract option
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General Dynamics has been awarded a potential $2.4 billion contract option from the Navy to build a 10th Virginia-class submarine, the U.S. Department of Defense announced last week. The Fairfax-based
Breeden buys $3.5M Newport News site for apartments
5-acre parcel located in Huntington Pointe development
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Breeden Investment Properties Inc. purchased a 5.06-acre land parcel to build a 176-unit apartment complex in the 200-acre Huntington Pointe residential development. The Virginia Beach-based commercial real estate development company
W.M. Jordan Co. promotes two Richmond execs
K. Brooks Balance and William ‘Bill’ L. Lucas Jr. promoted
Published
Newport News-based construction firm W.M. Jordan Co. recently promoted two executives in its Richmond division. K. Brooks Ballance has assumed the role of vice president of the Richmond division; William