Browsing Tag
Virginia
132 posts
Northrop Grumman (NYSE: NOC) backlog hits $110bn as 2027 growth test begins
Northrop Grumman's Q3 sales increased 7%, backlog reached a record US$109.6 billion and 2026 earnings guidance improved. The next test is converting defence demand into 5% to 7% expected 2027 sales growth while funding capacity expansion for B-21 and other programmes.
NextEra Energy profit reaches $4.8bn as 36.7GW backlog and Dominion merger advance
NextEra Energy reported third-quarter adjusted earnings of $2.59 billion and added 3.7 gigawatts of renewable energy and storage projects to its development backlog. Its planned combination with Dominion Energy has secured shareholder approval but still faces important regulatory and customer affordability questions.
Washington Post moves to smaller Virginia print facility as circulation decline reshapes workforce
The Washington Post will permanently close its Springfield, Virginia printing plant at the end of 2026, affecting 118 employees as production moves toward a much smaller leased facility near Dulles. The closure captures the scale of print-media contraction in physical terms: a plant built for circulation measured in the hundreds of thousands per night is being replaced after average daily print circulation fell below 100,000.
AI data centers face a new power bottleneck after FERC blocks key PJM electricity rules
Federal regulators have rejected major elements of PJM Interconnection's proposed framework for managing data-center electricity demand, raising questions about grid reliability, customer costs and future infrastructure investment.
LG locks in 5GW AI cooling pipeline as AIR deal turns chillers into growth engine
LG Electronics has secured a multi-year supply arrangement with AIR Control Concepts covering more than 5GW of North American AI data center capacity, giving its fast-growing cooling business a much larger route into hyperscale infrastructure.
Why Amazon may shift $8bn of NVIDIA chips to investors as AI costs surge
Amazon is reportedly discussing a structure that could place about $8 billion of NVIDIA Grace Blackwell chips into an investor-backed vehicle and lease the hardware back, testing whether outside capital can shoulder more of the extraordinary cost of the AI infrastructure boom.
US veteran health centers struggle with staffing shortages despite major expansion of care facilities
New US veteran health centers are struggling to hire doctors and nurses. See why staffing shortages threaten access despite major VA investment.
Munters expands Virginia data center cooling campus as AI infrastructure demand accelerates
Munters has completed the expansion of its Daleville data center cooling campus to 565,000 square feet, adding U.S. chiller production and testing capacity as exceptional AI-driven orders collide with supply-chain and ramp-up constraints.
Tredegar Q2 profit more than tripled. Why is its new CEO stripping out leadership layers?
Tredegar Corporation is dismantling elements of its former holding-company structure and eliminating leadership redundancies even after second-quarter profit more than tripled and aluminum-extrusion EBITDA rose 56%.
Pro Medicus (ASX: PME) adds seven-year US imaging deal after record FY26
The seven-year Valley Health agreement extends Pro Medicus’ US cloud-imaging footprint only days after the company reported A$407 million of new FY26 contract wins.