Parsons acquires CTI for $89M
Parsons announced Tuesday that it has acquired Maryland-based Chesapeake Technology International for $89 million.
22nd Century Technologies adds 880 jobs in Virginia
22nd Century Technologies plans to invest $1 million to expand its headquarters in Fairfax County and offices across Virginia.
General Dynamics subsidiary wins $1.85B contract modification
General Dynamics Electric Boat has been awarded an up to $1.85 billion contract modification from the U.S. Navy.
SAIC secures $928M Air Force contract
Science Applications International Corp. announced that it has been awarded a $928 million, five-year contract to support the Air Force.
Raft acquires N3bula Systems for undisclosed amount
McLean-based defense technology company Raft announced last week it has acquired weapons technology developer N3bula Systems.
EY names 5 Virginians Mid-Atlantic Entrepreneurs of the Year
Five Virginia business leaders have been named winners of Ernst & Young LLP’s Mid-Atlantic Entrepreneur of the Year Award for 2025.
General Dynamics wins $987M submarine contract modification
The shipbuilding unit of Reston-based aerospace and defense giant General Dynamics won a $987 million contract modification.
GDIT secures $396M Special Operations Command contract
Falls Church federal contractor General Dynamics Information Technology won a $396 million contract to support the U.S. Special Operations Command.
Army official says Chinese mineral shortage could impact military equipment
A growing shortage of rare minerals, magnets and metals from China needed for manufacturing military warfighting equipment could lead to the Department of Defense's accessing and sending out military equipment from a stockpile.
RTX subsidiary wins $646M contract modification
Raytheon has been awarded a $646 million contract modification to continue producing the AN/SPY-6(V) family of radars for the U.S. Navy.
Technomics to add 248 jobs in Arlington expansion
Technomics will expand its Arlington County operations, adding 25,200 square feet of office space and creating 248 jobs.
General Dynamics promotes EVP to global operations
Danny Deep, General Dynamics’ executive vice president of Combat Systems, has been promoted to executive vice president of global operations.