Education Department Cutting at Least 50% of Workforce

The Education Department has begun a reduction in force (RIF) impacting nearly 50% of the Department’s workforce. Impacted Department staff will be placed on administrative leave beginning Friday, March 21st. President Trump and Republicans are looking to shut down the Department of Education entirely. “Today’s reduction in force reflects the Department of Education’s commitment to…

Read More

Destroyer USS Truxtun Deploys From Norfolk Naval Base

NORFOLK, VA – The guided-missile destroyer USS Truxtun (DDG 103) departed Naval Station Norfolk for a scheduled independent deployment on March 15. [Photo above: USS Truxton in Norfolk (U.S. Navy photo by Mass Communication Specialist 2nd Class Jacob Milham)] The ship’s departure comes after months of training, maintenance, and certification events, which ultimately prepared the…

Read More

Arlington Capital Partners Forms Defense Technology Company GRVTY

ARLINGTON, VA — Arlington Capital Partners, private investment firm specializing in government regulated industries, has announced the formation of GRVTY, a next generation leader in defense technology solutions for national security priorities across the Department of Defense, Intelligence Community and Homeland Security. GRVTY supports the U.S. government’s growing intelligence, surveillance, reconnaissance and targeting (ISR&T) challenges…

Read More

JST Power Opens Factory in Wythesville, VA

JST Power Equipment has opened a new padmount transformer factory in Wytheville, VA this week. This latest expansion comes on the heels of strong fiscal year in 2024 and is one of several new investments that JST Power has made since expanding its dry type transformer manufacturing plant in Nogales, Mexico in 2024. The Wytheville…

Read More

Former Yahoo CEO Marissa Mayer Nominated to Hilton Board

MCLEAN, VA – Veteran business leader and technology entrepreneur Marissa Mayer has been nominated to stand for election to the board at the company’s Annual Meeting of Shareholders in May. If elected by shareholders, Mayer will succeed long-time Hilton Director Judith McHale who has shared her intention to retire from the board as of this…

Read More

GovEagle Lands $2.5 Million

WASHINGTON — GovEagle, an AI-driven proposal platform for government contractors, has raised $2.5 million in funding from Strategic Cyber Ventures, Y Combinator, and a group of angel investors. This funding will support the expansion of GovEagle’s engineering team, further enhancing the platform’s ability to streamline and automate the complex government bidding and proposal drafting process. Organizations face a…

Read More

Two Chinese Nationals Charged With Hacking

WASHINGTON – A federal judge in Washington, D.C., unsealed two separate indictments that allege Chinese nationals Yin Kecheng, 38, (尹 可成) a/k/a “YKC” (“YIN”) and Zhou Shuai, 45, (周帅) a/k/a “Coldface” (“ZHOU”) violated various federal statutes by participating in years-long, sophisticated computer hacking conspiracies that successfully targeted a wide variety of U.S.-based victims from 2011 to the present-day. According to…

Read More

Resilience VC Debuts With $56 Million Fund

WASHINGTON — ResilienceVC, a seed-stage venture capital firm that invests in fintech startups, has closed its debut, oversubscribed fund. With its inaugural fund attracting a diverse range of strategic investors and its management of early-stage investments for the Discover Financial Health Improvement Fund, the firm’s total assets under management stand at over $56 million. Focused…

Read More