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Caliburn International will separate into two companies
Calling it a “natural progression,” Reston-based professional services company Caliburn International announced Wednesday that it will split into two companies to focus on different capabilities. The federal contractor, which has about 8,500 employees, says it expects to complete the separation by Sept. 30. It also announced shifts in leadership to oversee the new companies, Acuity […]
Reston-based SAIC lands $4.4B in defense contracts
On the heels of an $830 million U.S. Army contract won in February, Reston-based Science Applications International Corp. (SAIC) has landed two more Army contracts worth a combined $4.4 billion, it announced today. The Fortune 500 defense contractor says both contracts will provide systems engineering services to support the U.S. Army Combat Capabilities Development Command, […]
Maximus hires new Federal Services general manager
Government services company Maximus Inc. has named IBM executive Teresa “Terry” Weipert as general manager of its U.S. Federal Services Segment, the Reston-based company announced this week. Weipert will replace Thomas Romeo, who is staying through July to help with the transition before he retires and moves to the segment’s advisory board. When Romeo started […]
Reston-based SOC Telemed buys Texas telehealth practice for $194M
Reston-based SOC Telemed Inc. announced this week it has purchased Texas-based medical practice Access Physicians for $194 million in cash and stocks. The acquisition will create the largest acute care telemedicine provider in the United States. According to SOC Telemed, the combined company is estimated to have earned $107 million to $113 million in pro […]
Volkswagen Group of America pulls ‘shocking’ April Fools’ prank
Calling it a “public declaration” of its priority on electric vehicles, Herndon-based Volkswagen Group of America Inc. unveiled a new company name, Voltswagen of America, accompanied by new branding, in a news release Tuesday. There was just one problem — the U.S. sales arm of the German automaker confirmed to news outlets Tuesday evening that […]
General Dynamics lands $210M contract for Stryker vehicles
The U.S. State Department has named General Dynamics Corp.’s land systems business as the prime contractor on a potential $210 million foreign military sale of Stryker armored fighting vehicles to North Macedonia through a government-to-government transaction. On Tuesday, the Defense Security Cooperation Agency delivered the required certification notifying Congress of the possible sale. The[...]
Reston-based Comscore closes investment transactions
Reston-based media measurement and analytics company Comscore Inc. announced Thursday that it has closed its previously announced investment transactions with Connecticut-based Charter Communications Inc., Colorado-based Qurate Retail Inc. and an affiliate of New York-based Cerberus Capital Management LP. Each of the three companies made a cash investment in exchange for shares of convertible pref[...]
Reston cybersecurity firm names chief cyber officer
Reston-based LookingGlass Cyber Solutions Inc. announced Wednesday it has hired Norm Laudermilch as the company’s first chief cyber officer. Laudermilch most recently served as chief operating officer with software company Control Case. “As chief cyber officer, Norm will be collaborating with many of our team members as his role will be cross-functional, providing guidance across […[...]
SAIC hires space biz senior VP
Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) announced Tuesday it has hired David Ray as the senior vice president of its space business unit. Most recently, Ray served as president of government and defense at Flir Systems. In his new role, he will lead the team focused on space programs such as […]
San Francisco space data firm to merge with Reston SPAC to go public
San Francisco-based space-based data and analytics firm Spire Global Inc. announced Monday it will merge with Reston-based special purpose acquisition company NavSight Holdings Inc. to become a public company. Financial terms of the transaction were not disclosed, but it values the combined company at $1.6 billion and is expected to produce $475 million in gross […]
Maximus acquires Attain fed biz for $430M
Reston-based government services company Maximus announced Monday it has acquired the federal division of McLean-based Attain LLC for $430 million. With more than 30,000 employees worldwide and $2.8 billion in 2019 revenues, Maximus promotes itself as the nation’s largest Medicaid enrollment administrator. The company was founded in 1975 and provides business process management and technolog[...]
SAIC hires senior VP of artificial intelligence
Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) has hired Michael Scruggs as senior vice president of artificial intelligence, effective immediately. “In this newly created role, Scruggs will be responsible for driving organic growth through AI technology delivery and solutions development,” SAIC said in a statement. “He will broaden SA[...]
