Valkyrie Enterprises, LLC Expands to More than Double Current Size

100 new jobs will be added to the 193-employee workforce

Tuesday, May 19, 2015

​Valkyrie Enterprises, LLC, a Veteran-Owned Small Business headquartered in Virginia Beach, will more than double its current footprint in the city. The award-winning company is based at 4460 Corporation Lane and occupies 25,000 square feet. The company will expand by an additional 35,000 square feet and will add 100 jobs.

The company was founded in 2007 to provide system engineering, engineering design, in-service engineering, technical services, training, maintenance planning and assessment for the U.S. Navy and Department of Defense agencies. Its customer base includes U.S. Fleet Forces Command, Norfolk Naval Shipyard, Naval Network Warfare Command, Navy Cyber Forces, Board of Inspection and Survey and many others.

The new 100 full-time jobs will include project management, engineering designers, technical writers, trainers and related occupations. The average annual salary of the new jobs is expected to exceed $85,500 per year.

“Valkyrie Enterprises, LLC is one more example of how locally-grown companies are achieving incredible success from Virginia Beach,” said Warren D. Harris, director of Virginia Beach Economic Development. “In today’s environment, technology companies have the option of locating their employees literally anywhere in the world. We’re excited knowing these high-paying STEM-intensive positions will be filled by residents of our region.”

The company has been included on many of the fastest growing companies list and was most recently awarded an $11.4 million with options up to $57.2 million contract with the Department of Defense. 

“Valkyrie’s recent growth can be contributed to maintaining focus on our core mission of supporting the U.S. Navy warfighter,” said Gary Lisota, president & CEO, Valkyrie Enterprises LLC. “Our recent prime contract wins at NSWC-Philadelphia for logistics support, Norfolk Naval Shipyard for Planning Yard Design and Engineering services, and the Commander Naval Regional Maintenance Center (CNRMC) Navy Afloat Maintenance Strategy (NAMTS) Program have been some of the key contributors to this year’s success. Headquartering the company in Virginia Beach was a conscious choice. The city’s business partnerships, banking support and work/life tapestry have helped define Valkyrie as an employer of choice in an area where defense competition is plentiful.”

The Virginia Beach Economic Development Authority has approved an Economic Development Investment Program (EDIP) grant in the amount of $100,000 based on the number of jobs created.

The mission of the Virginia Beach Department of Economic Development is to attract and retain national and international businesses to stimulate capital investment and create jobs. Virginia Beach is the most populous city in Virginia with a population of 440,000, and it is the 37th largest in the United States. It is recognized as one of the Best Run Cities in America by 24/7 Wall St. The Department of Economic Development received re-accreditation through the International Economic Development Council in 2012 and is one of only 29 economic development organizations in the world to have this recognition. It is listed among the Top Five Overall Mid-sized American Cities of the Future, Top 10 for Economic Potential and Top Five for Infrastructure by fDi magazine. CNNMoney.com ranked Virginia Beach as the Easiest Place to Start a Business and the 2nd Most Business-Friendly City in the country. For more information, visit www.yesvirginiabeach.com.

                                                                  # # #

​​​​​​​​​​​​​​​​