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Home>Sydney Lake

Sydney Lake

Recent Articles from Sydney Lake

News August 19, 2020

Parsons Corp. to raise $350M through debt offering

Centreville-based technology contractor Parsons Corp. announced Monday plans to raise $350 million through a debt offering. Proceeds from the debt offering would be used toward general corporate purposes, including acquisitions and working capital, according to Parsons. The initial conversion rate for the notes is 22.2913 shares of the company’s common stock per $1,000 principal amount [&hel[...]

Todd Probert. Photo courtesy CACI International Inc.
People August 19, 2020

CACI International names president, national security

Arlington-based federal technology contractor CACI International Inc. announced Monday it has hired Todd Probert as president of the company’s National Security and Innovative Solutions (NSIS) sector. With more than 20 years of experience, Probert most recently served as vice president of Raytheon’s Command and Control, Space and Intelligence business. In his new role, will oversee [&h[...]

Nyla Beth Gawel
People August 19, 2020

SAIC names senior VP of strategy

Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) announced Tuesday it has hired Nyla Beth Gawel as senior vice president of strategy. With more than two decades of experience, Gawel was most recently the director of public sector strategy with Verizon Business Group, where she led strategy and development for the company’s public […]

News August 18, 2020

Northam proposes voter protection reform

Amid the COVID-19 pandemic and a national wave of mail delays, Gov. Ralph Northam on Tuesday proposed a $2 million allocation for prepaid return postage on absentee ballots, drop-off boxes and drop-off locations for mail-in ballots, as well as a process through which voters can correct their ballots to expand access to voting for the […]

News August 18, 2020

U.S. hotel industry faces foreclosure wave

The U.S. hotel industry is facing an historic wave of foreclosures due to the pandemic, according to findings released Tuesday from the American Hotel & Lodging Association (AHLA), but Virginia might be an exception — for now. “We are not seeing much in the way of foreclosures or defaults as of yet,” says Virginia Restaurant, […]

Jennifer Taylor. Photo courtesy The Northern Virginia Technology Council
News August 18, 2020

Northern Virginia Technology Council names president, CEO

The Northern Virginia Technology Council (NVTC) announced Tuesday that Jennifer Taylor has been named as president and CEO, effective Sept. 10. In late June, Brad Schwartz was named as acting president and CEO, filling the vacancy left by the June 30 retirement of Bobbie Kilberg, who led the membership and trade association for the region’s […]

Allen McFarland. Photo courtesy Liberty University
News August 18, 2020

Liberty University names interim chairman

Liberty University announced Tuesday it has appointed the vice chair of its board of trustees, Allen McFarland, as the board’s interim chairman. He will serve in this role while Chairman Jerry Prevo serves as acting president and Jerry Falwell Jr. is on an indefinite leave of absence from his positions as the Christian university’s president […]

News August 17, 2020

Fairfax defense contractor acquires Dallas aviation company

Fairfax-based defense contractor MAG Aerospace announced Monday it has acquired Dallas-based aviation company Remotely Piloted Solutions (RPS). A transaction amount was not disclosed, but the acquisition adds more than 300 C5ISR (command, control, computers, communications, cyber, intelligence, surveillance and reconnaissance) professionals to MAG’s workforce.  “RPS has grown consider[...]

News August 17, 2020

SAIC gets $84.8M Navy contract modification

The U.S. Navy awarded Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) an $84.8 million contract modification to provide torpedo equipment and support services to the military branch as well as the governments of Australia and Taiwan, the Department of Defense announced Friday. The contract will cover the fourth option year of the […]

News August 17, 2020

Vienna-based defense contractor wins $77.6M Air Force contract

The U.S. Air Force awarded Vienna-based Trace Systems a $77.6 million task order to work on the branch’s network and data sharing environment for military and mission partners, the defense contractor announced Friday. Under the contract, Trace Systems will engineer an information technology network and applications, develop software and provide technical services for the SABRE […]

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Top Stories

Gregory Washington, president of George Mason University. Photo courtesy GMU

Embattled GMU president survives board meeting with pay raise

George Mason University President Gregory Washington was not ousted at a board of visitors meeting b[...]

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Report: DOGE responsible for nearly 290k job cuts

A Thursday report revealed that United States-based employers have cut more jobs so far this year th[...]

Virginia firm to build $200M White House ballroom co-funded by Trump

Virginia firm to build $200M White House ballroom co-funded by Trump

The White House announced Thursday that it would add a $200 million, 90,000-square-foot ballroom to [...]

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CoStar sues Zillow for alleged copyright infringement

CoStar Group has sued Zillow, claiming that the real estate website is using its copyrighted images [...]

Mars to pump $2B into U.S. manufacturing

Mars to pump $2B into U.S. manufacturing

Mars announced on Tuesday that it plans to invest $2 billion in its U.S. manufacturing operations th[...]

Milestones: Virginia companies celebrating big anniversaries in 2025

Milestones: Virginia companies celebrating big anniversaries in 2025

Even amid the AI revolution currently underway, there are viable signs of stability. The global AI m[...]

People

Dollar Tree promotes new chief legal officer

Dollar Tree promotes new chief legal officer

31/7/2025

Parry Labs names chief growth officer

Parry Labs names chief growth officer

28/7/2025

Empower AI taps new chief growth officer

Empower AI taps new chief growth officer

25/7/2025

Regions

Salem manufacturers plan expansions

Salem manufacturers plan expansions

Three advanced manufacturing operations with roots in Salem recently revealed plans to expand facili[...]

Port of Virginia nears finish of $450M dredging project

Port of Virginia nears finish of $450M dredging project

Seven years after the Port of Virginia launched a $450 million dredging project to become the deepes[...]

Trump coal policy changes could boost Southwest Virginia

Trump coal policy changes could boost Southwest Virginia

Southwest Virginia officials say President Donald Trump’s executive orders aimed at revitalizi[...]

Transco pipeline to expand for Virginia power demand

Transco pipeline to expand for Virginia power demand

In May, Tulsa, Oklahoma-based energy company Williams announced an expansion of its Transcontinental[...]


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