FAIRFAX COUNTY, VA – German defense company Rheinmetall is investing in a new U.S. hub in Fairfax County as two of its U.S. subsidiaries will be occupying nearly 10,000 square feet at 2600 Park Tower Drive in Merrifield. This move places American Rheinmetall Defense, Inc., the U.S. corporate hub, and American Rheinmetall Munitions, Inc., at the heart of the U.S….
NEWPORT NEWS, VA — Huntington Ingalls Industries (HII) announced that Virginia-class submarine USS Arkansas (SSN 800) was recently launched into the James River at the company’s Newport News Shipbuilding (NNS) division. Shipbuilders transferred the submarine from a construction facility to the floating dry dock, where it was launched and moved by tugboats to a submarine pier…
FAIRFAX COUNTY, VA — Iridium Communications Inc., a global satellite communications company, plans to invest over $13 million to expand their headquarters into a 55,000-square-foot space in Fairfax County. The project will support 117 new associates, expanding its Virginia workforce to nearly 400 over the coming years. Iridium currently employs 271 people throughout Virginia, with…
Inova celebrated the grand opening of the Inova Cares for Families (ICF) clinic located at 7617 Little River Tpk. in Annandale, VA. ICF has had significant growth over the last decade, providing primary healthcare as well as a medical home for families who qualify for Medicaid, FAMIS, Inova’s Financial Assistance Program or are uninsured. Across…
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…
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…
FAIRFAX, VA — Home prices in Northern Virginia rose in January at a stronger pace than the national average despite a modest increase in inventory, according to the Northern Virginia Association of Realtors (NVAR). The median sold price rose to $685,000, up 5.4% compared to January 2024, while the average sold price climbed 10.4% to $836,329. By contrast, the…
RICHMOND, VA – Virginia Governor Glenn Youngkin issued Executive Order 46, banning the use of China’s DeepSeek AI on state devices and state-run networks. “China’s DeepSeek AI poses a threat to the security and safety of the citizens of the Commonwealth of Virginia,” said Governor Glenn Youngkin. “We must continue to take steps to safeguard our operations and information from…