Amentum wins $247.6M DOD contract
Amentum Services has landed a $247.6 million contract to help the U.S. Department of Defense to counter threats from a finance systems, the Chantilly-based federal contractor announced Monday. The contract was awarded from the DOD’s Air Combat Command’s Acquisition Management and Integration Center’s Counternar[...]
Arlington entrepreneur prepares for Blue Origin space flight
Arlington entrepreneur and former NASA engineer Aisha Bowe will be a member of the first all-woman crew set to fly to the edge of space next week as passengers on a commercial rocket. Along with singer Katy Perry and CBS Mornings co-host Gayle King, Bowe is scheduled to take an 11-minute flight April 14 on […]
Xpect Solutions names new CFO
Fairfax County-based Xpect Solutions — an IT, cyber and infrastructure solutions provider to federal agencies — announced Tuesday that it has appointed Jeff Dohmann as chief financial officer. Dohmann has experience from financial leadership roles across private equity-backed firms in the federal sector. He was most recently[...]
Plane’s wing tip hits another aircraft at Reagan National airport
ARLINGTON (AP) — The wing tip of an American Airlines plane struck another plane from the same airline on a taxiway of the Ronald Reagan Washington National Airport in Arlington County on Thursday, authorities said. No injuries were reported. The wing tip of an aircraft heading to Charleston, South Carolina, struck a plane en [...]
SAIC appoints new CHRO
Reston-based Fortune 500 federal contractor Science Applications International Corp. announced Wednesday that it has appointed Kathleen McCarthy as its new executive vice president and chief human resources officer, effective May 12. She will report directly to CEO Toni Townes-Whitley and will spearhead all human resources initi[...]
Intelligent Waves pays $1.95M to settle False Claims Act allegations
Reston-based defense contractor Intelligent Waves agreed to pay $1.95 million to settle False Claims Act allegations involving two U.S. Air Force contracts. And in a separate case, Fairfax-based government contractor General Dynamics Mission Systems agreed to pay $600,000 to settle allegations that a company that it acquired mad[...]
Guidehouse wins $250M hybrid Army contract
McLean-based consultancy Guidehouse has been awarded a $250 million hybrid contract from the U.S. Army for financial support services. The Department of Defense said bids for the hybrid firm-fixed-price and time-and-materials contract were solicited through the internet, and that two bids were received. Work locations and fundi[...]
MicroStrategy expects Q1 loss as bitcoin value falls
MicroStrategy appears to have lost the coin toss — the bitcoin toss, that is. The world’s largest corporate bitcoin investor, Tysons-based MicroStrategy reported an expected first quarter loss in a Securities and Exchange Commission filing on Monday due to the falling value of its holdings in the cryptocurrency. After [...]
CoStar shakes up board of directors
Arlington County-based real estate data and analytics company CoStar Group is making major changes to its board of directors and launching a committee to scrutinize its finances as part of an agreement it entered with New York hedge funds D. E. Shaw group and Third Point. As part of the terms of the agreement, which […]
Bechtel wins $242M contract modification for chemical weapons destruction
Reston-based Bechtel National has been awarded a $242.28 million contract modification from the U.S. Army to address past contract overruns associated with the Pueblo Chemical Agent-Destruction Pilot Plant in Colorado. The plant is a chemical weapons destruction facility that destroyed the chemical weapons stockpile previously s[...]
5 Virginia companies among 27 firms targeted by China for further trade constraints
BANGKOK (AP) — China announced Friday that it will impose a 34% tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following U.S. President Donald Trump’s “Liberation Day” slate of double-digit tariffs. The new tariff matches the rate of the U.S. “recipro[...]
HII division awarded $133M Air National Guard contract
Huntington Ingalls Industries’ McLean-based Mission Technologies division won a $133 million contract by the U.S. Air National Guard to support and provide training for flying units. HII, which made the announcement Wednesday, said this will be accomplished through live, virtual and constructive training in a 10-year task [...]