Recent Articles from Sydney Lake
Prince George County contractor lands $807M GSA task order
The General Services Administration awarded Prince George County-based tech contractor NCI Information Systems Inc. an $807 million task order to work on the administration’s IT strategy, the company announced Thursday. This marks NCI’s largest award in its 31-year history. Under the task order awarded by the GSA’s Federal Systems Integration and Management Center (FEDSIM), NCI […]
Ellucian names chief people officer
Reston-based higher education software company Ellucian announced Wednesday it has named Greg Giangrande as its chief people officer. Giangrande most recently served as a senior adviser at McKinsey & Co., where he worked with clients on enterprise transformation, employee experience, human resources, organizational health and culture, leadership development, diversity and inclusion and commu[...]
CareerGig buys Charlottesville SaaS company
Arlington-based CareerGig announced Wednesday it has acquired Charlottesville-based software-as-a-service (SaaS) platform Moonlighting. Financial terms of the acquisition were not disclosed. CareerGig is also an SaaS platform that matches freelance and contract workers with employers and offers an insurance marketplace for health, life and disability insurance. Users also have access to educatio[...]
Virginia Space CEO, executive director to retire fall 2021
The Virginia Commercial Space Flight Authority (VCSFA) announced Tuesday that Dale K. Nash, Virginia Space’s CEO and executive director, will retire as early as fall 2021. Nash has led the organization since August 2012. His successor has yet to be named. “Dale has overseen the effective operation and incredible expansion of our launch facilities and […]
The Hilb Group acquires N.C.-based insurance agency
Henrico County-based insurance company The Hilb Group LLC announced Tuesday it has acquired Maiden, North Carolina-based insurance agency Dwayne Wilson Insurance & Financial Services Inc., effective Dec. 31. Financial details of the acquisition were not disclosed. Founded in 1985, DWI is a full-service life and health agency. It provides insurance products to employer groups and […]
Va., Md., Del. electric cooperatives association names president, CEO
The board of directors of the Glen Allen-based Virginia, Maryland & Delaware Association of Electric Cooperatives (VMDAEC) announced Monday that Brian S. Mosier has been named president and CEO, effective April 1. He succeeds Richard G. Johnstone Jr., who is retiring after a 36-year career with the association. Mosier has been with VMDAEC since 2013 […]
Va. Beach health care consultancy names CFO
Virginia Beach-based health care consulting company Divurgent announced Wednesday it has hired John Ward as chief financial officer. He succeeds Philip Felt, co-founder of Divurgent, who had served as CFO since the company’s 2007 inception. Felt will lead the board of directors’ finance committee. Ward most recently served as senior director and market CFO of […]
10 Va. companies join VEDP’s export trade program
The Virginia Economic Development Partnership (VEDP) announced Wednesday that 10 new companies have been accepted into its two-year Virginia Leaders in Export Trade (VALET) program, which helps companies work on international exporting growth strategies. The VALET program helps Virginia companies to establish domestic operations for exports and encourages using international exporting as a growth [...]
Va. General Fund revenue increased 15.1% in December 2020
Virginia’s General Fund revenue for December 2020 increased 15.1% compared with December 2019, Gov. Ralph Northam announced Wednesday. Total revenue collections rose 7.8% through December on a fiscal year-to-date basis, which was well ahead of the 1.2% growth forecast. The increase was driven by growth in payroll withholding, corporate income tax, sales and use taxes, […]
Northrop Grumman wins $325M Air Force contract
The U.S. Air Force awarded Falls Church-based Northrop Grumman Corp. a $325 million contract to support the Joint Surveillance Target Attack Radar System (Joint STARS). The contract goes toward work on the Total System Support Responsibility (TSSR) program, which will provide program management, engineering technical support, aircrew and maintenance training, supply chain and spares management, [&[...]