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Recent Articles from Sydney Lake
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 […]
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 […]
Northrop Grumman enters solar deal with Dominion Energy
Falls Church-based Fortune 500 defense contractor Northrop Grumman Corp. is contracting with Richmond-based Dominion Energy Inc. to purchase solar energy to offset 100% of Northrop Grumman’s manufacturing and office operations in the commonwealth. The power will be generated from the 62.5-megawatt Madison Solar generating facility in Orange County, which Dominion announced it has acquired fr[...]
Washington Football Team names president
The Washington Football team announced Monday that it has appointed Jason Wright as president of the Ashburn-based National Football League team. He is the NFL’s first Black team president. The former professional running back will oversee the organization’s business divisions, including operations, finance, sales and marketing, reporting directly to Dan Snyder. Wright was most recentl[...]
BAE Systems has a big week
Arlington-based defense company BAE Systems Inc. (a subsidiary of United Kingdom-based BAE Systems plc) had a big week for federal awards — landing three major contracts with the U.S. Navy, U.S. Air Force and U.S. Marine Corps totaling more than $221 million. On Thursday, the U.S. Department of Defense announced the Navy had awarded BAE […]
SAIC CFO announces retirement
Reston-based defense contractor Science Applications International Corp. (SAIC) announced Friday that Chief Financial Officer Charles A. Mathis will retire on Jan. 29, 2021. Mathis joined the company in November 2016 as executive vice president and CFO. He will remain with the company through fiscal year 2021, while the company searches for a successor. “We are […]
McLean company lands $896M Navy contract
The U.S. Navy awarded McLean-based defense contractor Alion Science and Technology Corp. an $896 million contract to provide an integrated program to deliver a multidomain live, virtual and constructive training platform. The contract was awarded through the Naval Sea Systems Command (NAVSEA) SeaPort-NxG multiple award contract, with a one-year base period and four option years. […]
Martinsville apartment complex sells for $2.52M
An apartment complex in Martinsville sold for $2.525 million, Cushman & Wakefield | Thalhimer announced Thursday. Located at 16 Molly Circle, the Wellington Manor Apartments includes 62 town house-style units. The property was sold by TP Two LLC and Wellington Inc. to Wellington Manor Apartments LLC. The complex is located directly off of U.S. Route […]
Suffolk shopping center sells for $2.72M
A shopping center in Suffolk sold for $2.72 million, Cushman & Wakefield | Thalhimer announced Tuesday. Located at 1910 N. Main Street, the 7,600-square-foot Obici Shops retail property was sold by Venture Obici LLC to Battlefield Consolidated Properties LLC as an investment. The property was 100% leased at the time of the sale to Spectrum […]
Chantilly IT company names COO
Chantilly-based information technology company DirectViz Solutions LLC announced Wednesday that Chuck Thompson has been promoted to chief operating officer. With more than three decades of management experience, Thompson was most recently executive vice president of operations at the company. He succeeds Michael McHugh, who was promoted to CEO in mid-August. Before his time with DirectViz, [&helli[...]
