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Xcelerate Solutions acquires Maryland software company
McLean-based national security company Xcelerate Solutions announced Tuesday that it acquired software development company clearAvenue.
SAIC to acquire Maryland tech firm for $205M
Science Applications International Corp. has entered into a definitive agreement to acquire SilverEdge Government Solutions for $205 million.
LMI CEO transitions to chairman
LMI CEO Doug Wagoner will retire at the end of 2025 and become board chair. Josh Wilson will take over as CEO Jan. 1.
General Dynamics unit wins $1.25B Army contract
General Dynamics Information Technology announced last week it was awarded a $1.25 billion task order to modernize Army IT infrastructure.
Raytheon wins $5B Army contract
The U.S. Army has awarded Raytheon, a subsidiary of RTX, a roughly $5 billion contract to supply its Coyote Missile System.
Electra expands Manassas headquarters
Manassas-based aviation startup Electra.aero on Tuesday announced it was expanding its headquarters in Virginia.
D.C.-area leaders launch initiative to help laid-off federal workers
Talent Capital, a website launched Wednesday, aims to help laid off federal workers find jobs and keep them in the Greater Washington region.
Digital Gateway opponents score legal win
A Virginia judge voided the rezoning for the $500M Prince William Digital Gateway project, siding with residents who sued over transparency.
Volkswagen of America taps new sales/marketing EVP
Volkswagen of America has appointed Brian Nash as its executive vice president of sales and marketing, effective Monday.
Reston growth equity firm closes $560M investment fund
Razor’s Edge, a Reston-based growth equity firm focused on the national security tech market, has closed a $560 million investment fund.
Arlington drone software firm raises $130M in Series B funding
Auterion, an Arlington-based provider of drone software, announced it has raised $130 million in a Series B funding round.
General Dynamics Information Technology wins $1.5B contract
General Dynamics Information Technology has been awarded a $1.5 billion contract to modernize U.S. Strategic Command’s enterprise IT systems.
