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Recent Articles from Courtney Mabeus-Brown
Leidos receives $1.5B DOD task order
Reston-based Fortune 500 government contractor Leidos has received a task order valued up to $1.5 billion to support the Department of Defense with technology to enhance its Command, Control, Computers, Communications, Cyber, Intelligence, Surveillance and Reconnaissance (C5ISR) missions, the company announced Wednesday. Under the contract, Leidos will focus on the rapid insertion of technologies [...]
Leonardo DRS wins $579M Army contract
Arlington-based Leonardo DRS Inc. has received a five-year, $579 million contract to make the Army’s next-generation thermal weapons sight, the company announced Monday. The company’s electro-optical infrared systems business will produce the device — a stand-alone, clip-on weapon sight that connects wirelessly to helmet-mounted vision systems. Called the Family of Weapons Sights �[...]
DXC in talks with Asian buyout firm
DXC Technology Co. and Baring Private Equity Asia Ltd. are in talks after the Asian buyout firm approached the Ashburn-based Fortune 500 information technology services firm with a potential takeover, Bloomberg reported Tuesday. DXC has been working with advisers after receiving interest from a private equity firm in late September and said in a statement Tuesday […]
Zebox opens U.S. incubator in Arlington
ElectroTempo Inc. CEO and co-founder Ann Xu wants her company’s software to reach 70% of the United States by 2027. Founded in 2020, Electro Tempo provides analytics and tools to help vehicle fleets, utilities and governments optimize the size and location of electric vehicle-charging infrastructure. The company took a step toward accomplishing its goal by […]
Coming home
As a kid growing up in Virginia Beach, “Scotty” Gray saw military aircraft so routinely that he wanted to become a pilot. Today he is U.S. Navy Rear Adm. Christopher (still “Scotty”) Gray, commander of Navy Region Mid-Atlantic, where he oversees an area that stretches from Wisconsin to North Carolina and includes 14 installations — […]
D.C. sues bitcoin whale Michael Saylor for tax fraud
MicroStrategy Inc. founder Michael Saylor was sued in August by the city of Washington, D.C., which alleges that he defrauded the nation’s capital of more than $25 million in income taxes. The lawsuit argues that Saylor falsely claimed to reside in Virginia or Florida while instead living in a luxury Georgetown penthouse. The civil suit, filed […]
Rudee Loop getting a fresh makeover
One of the East Coast’s most prime pieces of undeveloped real estate, Virginia Beach’s Rudee Loop, could soon find new life. In August, the city released four proposals that could turn the 11-acre site from what Vice Mayor Rosemary Wilson described as a concrete-strewn “mess” into a multiuse destination for surfers, anglers and other tourists. […]
ECS Federal receives contract valued up to $429.5M
Fairfax-based ECS Federal LLC has received a contract valued up to $429.5 million from the Defense Information Systems Agency to improve security and reduce risk across the Army’s computer networks, the Pentagon announced Friday. Work will be performed on behalf of the U.S. Army Network Enterprise Technology Command starting Sept. 29 through March 28, 2023, […]
Evermade Foods to expand Fauquier County operations
Warrenton-based Evermade Foods is investing $110,000 to expand its manufacturing operations and add 46 jobs, Gov. Glenn Youngkin announced Monday. Evermade Foods is a co-manufacturer of prepared meals sold under private labels at grocery stores and through meal subscription services. The company has invested $1.7 million in building upgrades, machinery and tools to its 12,000-square-foot […[...]
Raytheon wins $985M Air Force hypersonic missile contract
Raytheon Technologies Corp.’s missile and defense division has received the go-ahead from the Air Force to move beyond the prototype phase and continue development of a new hypersonic cruise missile weapon under a nearly $1 billion contract announced by the Pentagon Thursday. The Hypersonic Attack Cruise Missile is an air-launched, maneuverable weapon propelled by a […]
