This report is compiled from company releases, business journals and newspapers from around the state. If you have an item for these listings please:

mail it to:
For the Record
Virginia Business Magazine
P.O. Box 85333
Richmond, VA 23293

or e-mail it to ForTheRecord@va-business.com,
or fax it to (804) 649-6311

Mergers and Acquisitions
CACI International Inc., a provider of IT and network solutions headquartered in Arlington, purchased Premier Technology Group Inc., a Fairfax-based provider of professional services to the Department of Defense and the intelligence community. (PR Newswire)

Dollar Tree of Chesapeake, a $1 variety store chain, signed an agreement to buy Greenbacks Inc., a 96-store $1 chain headquartered in Salt Lake City. (The Virginian-Pilot)

ePhone Telecom Inc., a global telephone services provider based in Herndon, and Oxford, Conn.-based Champion Teleport, a satellite teleport affiliate of AlphaStar International, plan to merge so the companies can focus on growing global markets. (PR Newswire)

General Dynamics Decision Systems, an Ariz.-based IT business unit of General Dynamics, headquartered in Falls Church, was authorized to begin low-rate initial production of Unit Operations Centers for the U.S. Marine Corps System Command, Quantico, under a five-year contract. (PR Newswire)

Hilb, Rogal and Hamilton Co. of Richmond, an insurance and risk management intermediary, acquired the book of business of The Aaron Wolf Agency Inc., a Vineland, N.J.-based insurance agency. (Business Wire)

Infe Inc., a merchant banking, acquisition and business advisory services company headquartered in Falls Church, plans to acquire 100 percent of the stock of Miami, Fla.-based Pacer Health Corp., a company that provides assisted living facilities and medical treatment centers. (PR Newswire)

Luna Innovations Inc. of Blacksburg, a provider of R&D of fiber optic sensors, components, measurement instrumentation and advanced materials, acquired Yorktown-based Nascent Technology Solutions, a developer of instruments for non-destructive evaluation. (Press release)

Maximus Inc. of Reston, an IT services provider for the government, acquired National Misdemeanant Private Probation Operations, one of the largest providers of community corrections services based in Boulder, Colo. (Dow Jones Business News)

The Mills Corp. of Arlington, a self-managed real estate investment trust, purchased a 50 percent general partnership interest in two Georgia-based limited partnerships, Gwinnett Place Associates and Cobb Place Associates, from commercial real estate investor, Cadillac Fairview, for approximately $62.5 million. (Business Wire)

Records Management Inc. of Springfield was acquired by ArchivesOne, a Watertown, Conn.-based firm specializing in records management and storage services. (Press release)

Deals
Dimension Data Holdings of Reston, a global technology company, was chosen by Volkswagen of America Inc. as its interactive partner of record to provide technology services for the Volkswagen brand. (PR Newswire)

epipeline, an online source of federal, state and local government contracting research based in Herndon, and H & K Strategic Business Solutions, a McLean-based provider of strategic, financial and operational advisory services for companies serving federal and state governments, announced a strategic partnership. (Press release)

Framatome ANP Inc. of Lynchburg, a nuclear supplier, and Washington Group International Inc., an integrated solutions provider, announced their SGT Ltd. joint venture signed a contract with Florida Power & Light Co. to provide engineering and construction services at four nuclear power generating units. (PR Newswire)

The Institute for Advanced Learning and Research, an educational and economic development effort partnering Virginia Tech, Averett University, Danville Community College and local government and community organizations, was awarded more than $8.4 million in funding by The Virginia Tobacco Indemnification and Revitalization Commission and three federal government agencies. (Press release)

Internosis of Arlington, a systems integrator, was awarded a five-year blanket purchase agreement with a ceiling of $15 million as a result of competition by the U.S. Department of Defense, Defense Information Systems Agency to provide IT professional services. (PR Newswire)

MicroStrategy Inc., a provider of business intelligence software based in McLean, was selected by eBay for use of the MicroStrategy Business Intelligence Platform to analyze the ongoing performance of the many different categories of products and services for sale on its Web sites. (PR Newswire)

Netuitive Inc. of Reston, a performance management software company, chose Principor Communications, a Washington, D.C.-based public relations agency to provide public relations support. (PR Newswire)

Network Solutions, a Herndon-based provider of domain names, Web sites and e-mail services, announced an agreement with MyCorporation.com, a provider of Incorporation, LLC formation and Trademark Search Services, to jointly market domain names and trademark services to small business customers. (PR Newswire)

Nextel Communications Inc. of Reston, a provider of fully integrated wireless communications services, selected MindShare Worldwide of New York as its media agency of record. (Business Wire)

Northrup Grumman, a Newport News-based maker of nuclear-powered aircraft carriers and submarines, plans to begin offering domestic-partner benefits next year to gay and lesbian employees and those involved in long-term heterosexual relationships. (Daily Press)

United Defense Industries Inc. of Norfolk, a developer of military munitions, announced an agreement between NORSHIPCO, its Norfolk shipyard, and Metro Machine Corp. to purchase Metro's 14,000-ton dry dock known as "Old Dominion." (Business Wire)

New Plants and Companies
AT&T, a communications company headquartered in N.J.is offering residential local service in parts of Maryland and Virginia, providing consumers with a choice of several local calling plans. (PR Newswire)

DRS Group of Richmond, a document management services company, plans to invest $1 million to open a 32,000-square-foot super center in the town of Clarksville, creating 115 jobs. Virginia competed with North Carolina for the project. (Press release)

Executive Promotions
Bill Cole, president and CEO, Ecutel Inc. in Alexandria. He previously held the position of vice president of sales and business development. (Business Wire)

Carl J. Grivner, CEO, XO Communications Inc. in Reston. (Business Wire)

Charles S. Ream, CFO, Anteon International Corp. in Fairfax. He previously held the role of executive vice president. (PR Newswire)

Craig Moon, president and publisher, USA TODAY in McLean. (Business Wire)

David Lucien, chairman and CEO, CMS Information Services Inc. in Vienna. (Press release)

Gerald L. "Jerry" Passaro, president and COO, Harbor Bank in Newport News. He previously held the position of senior vice president. (Press release)

John D. Austin, senior vice president and CFO, Performance Food Group Co. in Richmond. He previously served as vice president of finance and corporate secretary. (Richmond Times-Dispatch)

Lawrence E. Webb Jr., president and CEO, Pulaski Furniture Corp. in Pulaski. He previously held the positions of executive vice president, COO and CFO. (Press release)

Mark E. Brender, vice president of corporate communications, Space Imaging in Reston. He previously served as executive director of government affairs and corporate communications. (PR Newswire)

Richard Darman, chairman, AES Corp. in Arlington. (Business Wire)

Richard P. Urban, president, The Interactive Financial eXchange Forum in Alexandria. (Business Wire)

Robert D. Slotnik, senior vice president and chief information officer, Performance Food Group Co. in Richmond. (Richmond Times-Dispatch)

Steven A. Newman, president, Xybernaut Corp. in Fairfax. He previously served as executive vice president. (Business Wire)

Trevor Winters, senior director of business development, Excedent Technologies in Vienna and Roanoke. (Business Wire)

Wilhemina Boyd, director of civic facilities, Roanoke Civic Center in Roanoke. (Roanoke Times)

William P. Heath Jr., president and CEO, FNB Corp. in Christiansburg. (Roanoke Times)

Contracts
The Allied Defense Group Inc., Vienna: $4.7 million to its Belgian defense unit, MECAR S.A., for two ammunition contracts, one from a new North African customer and one from a nontraditional customer in the Middle East. (PR Newswire)

Analex Corp., Alexandria: $9.4 million to provide support services to NASA. (PR Newswire); $2 million in additional funding over 10 months to its Advanced Biosystems Inc. subsidiary by the Defense Advanced Research Projects Agency. (PR Newswire)

CACI International Inc., Arlington: $11 million to support the U.S. Army Communications-Electronic Command in its execution of the first phase of a U.S. Army electronic warfare system. (PR Newswire)

Entrieva, Reston: Mobile Enterprise Platform 4.5 was selected by Computer Sciences Corp. for integration into a new emergency notification and response tracking system that CSC is developing for the Environmental Protection Agency. (PR Newswire)

General Dynamics, Falls Church: $137 million for four new agreements that extend and expand Computer Sciences Corp.'s information technology outsourcing contracts. (PR Newswire); Armament and Technical Products: the first $13.9 million increment of a new multi-year contract with projected value of more than $57 million from Boeing Co. for the production of 15 ship sets for an aircraft. (PR Newswire); Armament and Technical Products: $24.2 million add-on contract from Sikorsky Aircraft Corp. of Stratford, Conn., for the Comanche Turreted Gun System engineering manufacturing development. (PR Newswire); Network Systems: $5.1 million delivery order to upgrade and expand the telecommunications voice network at Fort Gordon in Augusta, Ga., under the U.S. Army's Digital Switched Systems Modernization Program. (PR Newswire)

Information Systems Analysis Inc., Fairfax: $5.5 million for one year with three additional incremental years with the Air Force Materiel Command at Wright-Patterson Air Force Base at Dayton, Ohio, to provide on-site services at six or more Air Force bases nationwide. (Business Wire)

MAXIMUS, Reston: $3.8 million over five months from the U.S. Transportation Security Administration to assist in field-testing various technologies. (Business Wire); $14 million Justice Solutions software contract by the city of Houston Municipal Court to support court operations. (Business Wire); $26 million over five years by the Orange County Board of Supervisors to provide a comprehensive, integrated direct record electronic voting system for the county. (Business Wire); $418.4 million over five years by the State of California's Managed Risk Medical Insurance Board to cover the Healthy Families Program and the Access for Infants and Mothers Program. (Business Wire)

MCI Worldcom Inc., Ashburn: a seven year contract from the National Oceanic & Atmospheric Administration to provide high-speed satellite data communications solutions to more than 90 meteorological locations worldwide. (PR Newswire)

Nextira One Federal, Fairfax: $200 million over three years with five optional years under the GSA "Connections" Worldwide Telecommunications Acquisition contract. (Business Wire)

Owens & Minor, Richmond: chosen by the Department of Defense's Defense Logistics Agency to cross-dock medical material bound for the DOD Central Command and European Command in an activity-based fee agreement. (PR Newswire)

P.J. Dick Inc., Herndon: contract under the U.S. General Services Administration for construction of a new National Oceanic and Atmospheric Administration building at the Suitland Federal Center in Maryland. (PR Newswire)

Primagraphics, Charlottesville: contract by the Naval Air Warfare Center Aircraft Division to supply off-the-shelf equipment for use on board aircraft carriers and landing platforms. (Business Wire)

RS Information Systems, McLean: $61 million professional services contract to support systems application, network security and advanced computing at NASA's John H. Glenn Research Center at Lewis Field in Cleveland. (Business Wire); $25 million enterprise-wide information technology and network security contract with the Air Force Materiel Command at Wright-Patterson Air Force Base in Ohio to provide IT services and network support. (Business Wire)

SI International Inc., McLean: $10.7 million over five years to support the U.S. Department of Agriculture, Animal and Plant Health and Inspection Services, Plant Protection and Quarantine Program. (PR Newswire); $24 million over eight years to provide military communications satellite engineering, analysis, and database support to the Department of Defense. (Press release)

SRA International Inc., Fairfax: $8.5 million over five years to provide services through the framework of a corporate university to manage the U.S. General Services Administration's Federal Acquisition Institute. (Press release)

Stanley Associates, Alexandria: the U.S. Marine Corps' program manager logistic information systems software support activity contract. (PR Newswire)

Veridian Corp., Arlington: $55 million with one base year plus four option years by the Federal Energy Regulatory Commission to provide information technology support services. (Business Wire); $37.7 million from the U.S. Air Force's Electronic Systems Center at Hanscom Air Force Base, to develop satellite image processing systems in support of the Air Force's Eagle Vision program., Business Wire)

Williams Industries Inc., Manassas: approximately $30 million over the next two years by the Maryland State Highway Administration to fabricate and erect steel girders for part of the new Woodrow Wilson Bridge. (The Washington Post)

Cutbacks and Closings
Norfolk International Airport will see its security screening staff reduced from 273 to 160 over the next four months due to the weakened economy and budget restraints. (The Virginian-Pilot)

Richmond International Airport is slated to have 31 security screeners eliminated this fall by the Transportation Security Administration. (Richmond Times-Dispatch)

Roanoke Regional Airport stands to lose 13 of its 48 security screeners due to budget constraints by the Transportation Security Administration. (Roanoke Times)

Sanmina-SCI, an electronics manufacturer, plans to shut down its Lynchburg operations in August due to a sluggish world economy, eliminating 330 local jobs. (News and Advance)

Sprint Corp., a communications company, plans to lay off approximately 140 workers when it closes its Solutions Center in Charlottesville in July in an effort to consolidate services and cut costs amid weak market conditions. (The Daily Progress)

Williamsburg International Airport will lose 26 of its security screeners as a result of a nationwide budget-cutting decision. (The Virginian-Pilot)

Divestitures
The AES Corp., a global power company based in Arlington, completed the sale of 100 percent of its ownership interest in two generation businesses in Africa in an aggregate transaction valued at $337 million. (Business Wire)

BB&T Corp. of Winston-Salem, N.C., plans to sell 13 banking centers to complete a merger with Falls Church-based First Virginia Banks Inc. (Richmond Times-Dispatch)

Mirant, an Atlanta, Ga.,-based global energy company, plans to sell all but one half of 1 percent of its 50 percent interest in the coal-fired Birchwood power plant near Fredericksburg and related facilities to the Global Energy unit of GE Structured Finance for approximately $71 million. (PR Newswire)

Expansions
Anheuser-Busch Inc. of St. Louis, the world's largest brewer, plans a $200 million modernization and redesign of its Williamsburg brewery. (The Virginian-Pilot)

Ashford Court, a decorative pillow and linen manufacturer headquartered in Richmond, plans to relocate to a larger 115,000-square-foot facility at 1500 Commerce Road. (Press release)

Boehringer Ingelheim Corp. of Ridgefield, Conn., a pharmaceutical company, plans to expand its manufacturing capacity at its subsidiary, Boehringer Ingelheim Chemicals in Petersburg, creating 165 jobs. (Press release)

First Capital Bank of Richmond, plans to open two branches and move to a new corporate headquarters at 4222 Cox Road over the next three months. (Richmond Times-Dispatch)

Framatome ANP, a nuclear supplier based in Lynchburg, plans to invest $32 million in its Lynchburg and Mt. Athos operations in Campbell County, creating more than 300 jobs. (News and Advance)

Goldschmidt Chemical Corp., a subsidiary of Degussa Corp. of Dussledorf, Germany, plans to expand its operations in Hopewell, creating 28 jobs and bringing Goldschmidt's first polyether plant to the commonwealth. Virginia competed successfully with Alabama, North Carolina and Wisconsin for the project. (Press release)

Liebherr, a Switzerland-based manufacturer of mining and construction machinery, plans to expand its operations in Newport News through a $4 million investment, creating 134 jobs. Virginia successfully competed with Kansas for the project. (Press release)

Lincoln Consulting of Warrenton, a management consulting firm, plans to open a new location in the TechStart building in downtown Rocky Mount in the next 30 months, creating 60 jobs. (Roanoke Times)

MW Manufacturers, a producer and distributor of window and door products for the residential construction industry, plans to relocate its Lineal Technologies division from the city of Roanoke to Franklin County to increase production capacity through a $4.7 million investment, creating 130 jobs over the next 30 months. Virginia competed with New Jersey for the project. (Press release)

Sands Anderson Marks & Miller, a Richmond law firm, opened its fifth office in McLean after a merger with Schraub, Howell & Co.(Press release)

Spectacle Lens Group , a Roanoke division of health care product giant Johnson & Johnson, plans to ramp up iproduction of an eyeglass lens the company claims offers better vision correction than competing lenses for people with presbyopia. (Roanoke Times)

TowneBank, a four-year-old Chesapeake-based community bank, plans to expand to Norfolk, the Peninsula and the Outer Banks. (The Virginian-Pilot)

Tysons Corner Center in McLean and Wilmorite Properties Inc., co-owner and manager of the mall, plans to redevelop Tyson's former JC Penney building and expand the shopping center through a $100 million investment. (PR Newswire)

US Airways, an Arlington-based airliner, has resumed service between Pittsburgh and both London Gatwick airport and Frankfurt, Germany, operating one daily nonstop flight round-trip on each route. (PR Newswire)

Wachovia Securities of Richmond, plans to join forces with New York-based Prudential Securities, adding more than 1,000 jobs to the Richmond economy , forming the nation's third-largest brokerage. (Richmond Times-Dispatch)

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Real Estate
Dominion Lands Inc., a real estate subsidiary of Dominion Resources Inc., sold the 250 remaining acres in Bridgeway Commerce Park to Suffolk Towers, a group of local investors, for $6.5 million. (The Virginian-Pilot)

Chase Arbor, a 430-unit complex off South Independence Boulevard, was sold for $33 million to Edwin A. Joseph, owner of Great Atlantic Management Co., a real estate developer and management firm headquartered in Virginia Beach. The transaction represents the highest price ever paid--$76,744 per unit-for an apartment complex in Hampton Roads. (The Virginian-Pilot)

Port Center Associates of Portsmouth, purchased the 100,000-square-foot PortCentre I office building from nTelos for $6.9 million. (The Virginian-Pilot)

USI Real Estate Advisors Mid-Atlantic, a Vienna provider of fully integrated real estate consultation, design, construction and Web-based services, represented AnviCom Inc., a provider of IT engineering and support services headquartered in Dunn Loring, in a 10-year lease for an 18,300-square-foot space in Tyson's Corner. (Press release)

Winchester Cold Storage of Winchester, a warehousing company, purchased the former 260,000-square-foot PenTab Building in Warren County. (Press release)

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Financing
The AES Corp., a global power company based in Arlington, completed its private offering of $1.8 billion of second priority senior secured notes. (Business Wire)

Approva Corp. of Vienna, a provider in continuous monitoring of end-to-end business processes, completed its second round of financing of $3.7 million, co-led by existing investors Columbia Capital, New Enterprise Associates and Novak Biddle Venture Partners. (Press release)

Comerica, a Reston-based financial services company and Cryptek Inc., a Sterling-based provider of network security, announced that Comerica's Technology and Life Sciences Division has provided Cryptek with a $2 million working capital line of credit. (Press release)

Dominion of Richmond, an energy producer, sold 10 million primary shares of common stock in a block sale to Lehman Brothers Inc., a global investment bank based in New York. Proceeds totaled about $620 million. (Business Wire)

Ethyl Corp., a Richmond petroleum products developer, implemented a new long-term debt structure with proceeds used to repay the company's previously existing debt due to expire in March 2004. (Business Wire)

Friedman, Billings, Ramsey Group Inc. of Arlington, a provider of financial services, announced its subsidiary, Friedman, Billings, Ramsey & Co., closed a follow-on public offering of more than $50 million for Anworth Mortgage Asset Corp., a Calif.-based real estate investment trust. (PR Newswire)

Outtask Inc., a provider of "Software as a Service" for corporate travel, expense and recruiting management solutions, completed a stock repurchase from investor divine inc., an Ill.-based extended enterprise. (PR Newswire)

SLM Corp. of Reston, a provider of education funding, plans to offer $2 billion of convertible debentures through a private offering, subject to market and other conditions. (PR Newswire)

Talk America, a bundled local and long distance phone services provider,has purchased $7.1 million principal amount of its 12 percent senior subordinated notes due 2007 and, in connection with the transaction, will have prepaid $7.1 million of its 8 percent secured convertible notes due 2006. (Business Wire)

The Virginia Port Authority's board of commissioners approved the sale of $58 million revenue bonds to fund the ongoing renovation of the south end of Norfolk International Terminals. (The Virginian-Pilot)

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Noteworthy
Ball Corp. of Williamsburg, was selected to receive the prestigious 2002 "Partners in Excellence" award from Miller Brewing Co. of Milwaukee for providing Miller with high quality goods and services. (Press release)

Elizabeth W. Moore of Goodman & Co., an accounting firm based in Newport News, was named The Virginia Small Business Accountant Advocate of the Year, 2003, by the U.S. Small Business Administration. (Press release)

Hunton & Williams lawyers were acknowledged as "leaders in their field," with six top-rated in Virginia for their key business strengths in corporate, employment and real estate and litigation law by the inaugural Chambers USA: America's Leading Business Lawyers 2003-2004. (Business Wire)

Richmond Metropolitan Convention and Visitors Bureau was selected to receive the 2003 Successful Meetings Pinnacle Award - the mark of excellence for meeting destination support organizations. (Press release)

Simon S. Lee, president and CEO of STG Inc., a Fairfax-based provider of linguistic and intelligence support, received the Ellis Island Medal of Honor at the annual gala in the Great Hall on Ellis Island in New York Harbor. (Business Wire)

Two Freedom Square in the Reston Town Center was named Best New Office, Suburban Winner in the Washington Business Journal's Best Real Estate Deals of 2002. (Press release)

TXI Chaparral Steel Virginia, a supplier of building materials, in association with the city of Petersburg, was presented with the Steel Manufacturers Association's 2003 Annual Distinguished Recycler Award for wetlands created on a portion of city-owned property being developed as an industrial park. (PR Newswire)

Virginia Gentlemen 90 Proof Small Batch Bourbon from Fredericksburg's A. Smith Bowman Distillery, won "Double Gold" and "Best American Whiskey "in the San Francisco World Spirits Competition. (Business Wire)

William P. Fricks and Jay L. Johnson were elected as members of the Board of Directors of General Dynamics, a combat systems provider based in Falls Church. (PR Newswire)

Wright Co. of America, was one of three top winners in a contest conducted by Mitel Networks Corp. of Canada with U.S. operations in Herndon, a market-leader for voice, video and data convergence over broadband networks. (PR Newswire)

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