A three-alarm fire at Roanoke’s Riverdale campus on Saturday started accidentally from an electrical cause, Roanoke Fire-EMS Chief David Hoback said Wednesday. Damages from the fire that reduced Noke Van Co., a custom camper van business, to rubble are estimated at $4.25 million. “Once you have a structural collapse and a roof collapse, sometimes we […]

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 funding will be determined with each order, with an estimated […]

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 […]

Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days but raised his tax rate on Chinese imports to 125%. U.S. markets surged in response. The S&P 500 was up 7.8% in afternoon trading. It had been down earlier in the morning amid worries […]

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 made false statements in federal government contract proposals. […]

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 initiatives, employee engagement strategies and talent acquisition operations at SAIC. […]