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Recent Articles from Courtney Mabeus-Brown
Bitcoin whale Michael Saylor accused of tax fraud
Tysons-based MicroStrategy Inc. Executive Chairman Michael Saylor is being sued by the city of Washington, D.C., which accuses Saylor of engaging in a fraudulent scheme to deprive the city of more than $25 million in income taxes while living in “a luxury penthouse on the Georgetown waterfront” and claiming to be a resident of Virginia […]
Va. Beach-based Fortis acquires Illinois packaging company
Virginia Beach-based packaging manufacturer Fortis Solutions Group LLC has acquired Montgomery, Illinois-based Identi-Graphics Inc., the company announced Tuesday in a news release. Terms of the deal were not disclosed. Identi-Graphics manufactures pressure-sensitive labels and flexible packaging for the snack, bakery, cosmetic and chemical markets in the United States and Canada. It specializes i[...]
Fairfax campaign hopes for tourism boost
Visitors to Fairfax County often are drawn to its dense, urban environment and entertainment offerings, from the upscale Tysons Corner Center mall to Wolf Trap. Now, the county’s southern portion is staking a claim to the tourism economy. In May, Fairfax officials announced a new name for that area, Potomac Banks, which encapsulates the Mount […]
DISYS acquires Illinois-based MAKE Corp.
McLean-based staffing firm Digital Intelligence Systems LLC (DISYS) has agreed to acquire MAKE Corp., an Illinois-based information technology staffing company, according to a news release. The move is part of DISYS’ growth strategy and will allow the company to expand staffing offerings in banking and financial services, health, manufacturing and retail, the company said. Terms of [&hellip[...]
SAIC receives $163M Navy contract
Reston-based Science Applications International Corp. on Thursday announced it has been awarded a $163 million Navy contract to maintain enterprise networks for shore-based commands and support command and control of the services’ deployed units. The work includes design, development, integration, modernization and life cycle support as well as network components and service solutions. Work [...]
Artemis I to launch with help from Va. contractors
EDITOR’S NOTE: Monday’s launch was scrubbed by NASA shortly after 8:33 a.m. because of an engine issue. Weather permitting, if the Artemis 1 moon mission launches from NASA’s Kennedy Space Center in Florida Monday morning as planned, it will be powered in part by the work of Virginia-based contractors. The uncrewed flight test is the […]
Va. Tech extends president’s contract through 2027
Metallica won’t be playing “Exit Sandman” anytime soon — Virginia Tech President Tim Sands will stay on as the university’s president though the 2027 academic year. The university’s board of visitors voted unanimously to extend Sands’ contract during a quarterly meeting Tuesday, according to a news release. Sands is Tech’s 16th president and has served [[...]
Leidos to partner with Project HOPE to aid Ukraine
As Russia began its invasion of Ukraine in February, Leidos employees took to an internal blog and emailed senior executives to demonstrate support for the Eastern European nation. CEO Roger Krone remembers one employee who had family in the country and wanted to get them out. Six months later, the Reston-based Fortune 500 defense contractor […]
Va. hotel revenues up slightly over 2019
Northern Virginia’s hotel market continues to be a drag on the lodging industry’s performance in the commonwealth as a whole, according to recently released data from STR Inc., a division of CoStar Group Inc. that provides market data on the U.S. hospitality industry. The latest data show rooms sold decreased by 4.6% in Virginia through […]
U.Va. program guarantees job interviews for certificate students
The University of Virginia is partnering with companies to guarantee job interviews for some certificate students. The program comes from an agreement between U.Va’s School of Continuing and Professional Studies, which offers part-time, online programs, and various employers. It is designed to improve the workforce pipeline for in-demand fields, the university said in a news […]
