Recent Articles from Sydney Lake
PAE hires homeland security director
Guy Torres has joined Falls Church-based Pacific Architects and Engineers (PAE) as the director of its homeland security portfolio, according to reports. Torres was most recently a Department of Homeland Security account executive at Falls Church-based Northrop Grumman Corp. During his career, he has also served as director of U.S. Customs and Border Protection’s information […]
Chantilly IT company names CEO
Chantilly-based information technology company DirectViz Solutions LLC announced Friday that Michael McHugh has been promoted to CEO. McHugh was most recently the company’s chief operating officer, and has more than 25 years of experience working in the technology industry. Before his time with DirectViz, he served as president of the defense and national security division […]
BAE Systems Inc. lands $350M+ in defense contracts
Arlington-based defense company BAE Systems Inc. (a subsidiary of United Kingdom-based BAE Systems plc) announced Monday it has won a $211.6 million U.S. Navy contract and a $144 million U.S. Air Force contract. BAE Systems’ ship repair business in Jacksonville, Florida, will work on the U.S. Navy contract and update, repair and maintain two Arleigh […]
Henrico company names president, association management services
Henrico County-based association management company Eisenman & Associates Inc. announced Friday it has hired Terry Monroe as president of association management services, effective Aug. 17. Monroe was most recently the director of membership and marketing for the Chantilly-based International Association of Fire Chiefs. In his new role, he will oversee the company’s association management pr[...]
Construction continues to struggle during pandemic
The nonresidential construction industry lost 4,000 jobs in July, as compared to June, the Associated Builders and Contractors (ABC) announced Friday. The construction industry as a whole, however, has added 639,000 jobs during the past three months — recovering approximately 59% of the jobs lost during the pandemic. “For several weeks, contractors have noted an […]
Danville voters: yes or no to a casino?
Danville Circuit Court Judge Joseph Milam on Friday issued an order that will officially place a local referendum on casino gaming on the Nov. 3 General Election ballot in Danville. Caesars Virginia, a subsidiary of Caesars Entertainment Corp., plans to construct and operate a $400 million casino at the former Dan River Mills industrial complex […]
Va. Supreme Court grants eviction moratorium through Sept. 7
The Supreme Court of Virginia granted a temporary statewide eviction moratorium to begin Aug. 10 and remain in effect through Sept. 7, Gov. Ralph Northam announced Friday. The moratorium halts all eviction proceedings related to rent payment failures due to the pandemic. Northam requested the moratorium in a letter to the state’s highest court on […]
Perspecta wins $112M Homeland Security contract
The U.S. Department of Homeland Security awarded a contract worth up to $112 million to Perspecta Inc. to provide managed information technology services to the department’s data centers, the Chantilly-based federal contractor announced Thursday. “This award reinforces our standing as a premier provider of end-to-end next generation managed IT services,” Rocky Thurston, senior vice president[...]
SAIC lands $40M TSA contract
The Transportation Security Administration (TSA) awarded a $40 million contract to Reston-based defense contractor Science Applications International Corp. (SAIC) to provide operational test and evaluation services, according to a System for Award Management (SAM) notice. Under the contract, SAIC will help the TSA plan, implement, analyze and report airport operations. Work on the contract will [...]
Strategic Education Inc. to raise $191.5M through public stock offering
Herndon-based education company Strategic Education Inc. announced Thursday that it plans to raise $191.5 million through a public stock offering. The company, through Aug. 10, will offer for sale 1.9 million shares of its common stock at a public offering price of $105 per share. Strategic Education intends to use some of the proceeds to […]