Sign In
Free Newsletter
Recent Articles from Sydney Lake
Mitre names new fellow
McLean-based The Mitre Corp. announced Thursday it has appointed Gerald Gilbert as a Mitre fellow focused on expanding the not-for-profit organization’s quantum science initiatives. Mitre fellows are a select group of scientists who lead programs at the organization, serving as subject matter experts and advisers to mission-critical programs, officers and the board of trustees. Gilbert […[...]
Fairfax tech company acquires Herndon intelligence services firm
Fairfax-based federal technology company Axiologic Solutions LLC announced Thursday it has acquired Herndon-based intelligence services firm Knowledge Link. It is Axiologic’s first acquisition. Financial terms of the transaction were not disclosed, but the acquisition will nearly double the size of Axiologic, according to a company statement. “Through the combination of Axiologic and Knowledge[...]
CIT announces $7M grant funding round
The Herndon-based Center for Innovative Technology (CIT) on Thursday opened the application process for $7 million in grant funds from its new Commonwealth Commercialization Fund, focused on promoting innovation and technology commercialization initiatives. The fund started six months ago. This round will provide grants up to $100,000 to support companies’ commercialization and market entry goal[...]
Maximus announces next CFO
Reston-based government services company Maximus announced Thursday the planned retirement of Chief Financial Officer Richard J. Nadeau, effective Nov. 30, 2021. David Mutryn, senior vice president of finance, will succeed Nadeau on Dec. 1, 2021. Nadeau, who joined the company in 2014, will continue to serve as CFO through the transition. “It has been a […]
DXC Technology receives unsolicited bid for all company shares
Tysons-based Fortune 500 IT services company DXC Technology confirmed Thursday it received an unsolicited, preliminary and nonbinding proposal from French information technology company Atos to buy all of the company’s shares. DXC will evaluate the proposal, according to a company statement. “Prior to receiving this proposal Wednesday night, DXC Technology had no knowledge of any […[...]
Booz Allen demos in-flight AI algorithm for Air Force
McLean-based Fortune 500 global management consulting company Booz Allen Hamilton Inc. announced Wednesday it demoed the use of an in-flight artificial intelligence (AI) algorithm for the U.S. Air Force Air Combat Command’s 9th Reconnaissance Wing U-2 Federal Laboratory. This marks the first time that a pilot has teamed up with AI to successfully complete a […]
Leidos subsidiary submits lunar lander proposal to NASA
Dynetics, a wholly owned subsidiary of Reston-based Fortune 500 government contractor Leidos Holdings Inc., announced Wednesday it has submitted its proposal for the Human Landing System (HLS) that is planned to take the first woman and next man to the man’s surface for NASA’s Artemis Program by 2024. In late April, Dynetics was one of […]
Initial jobless claims jumped 64.3% last week
The number of initial jobless claims filed last week jumped a staggering 64.3% to more than 19,000, according to Virginia Employment Commission data released Thursday. This is the highest number of initial claims reported since August 2020. For the week ending Jan. 2, 19,530 Virginians filed initial claims for unemployment, an increase of 7,640 claimants […]
VCU names senior adviser to president and university relations VP
Virginia Commonwealth University announced Thursday that Pamela D. Lepley, who has served as vice president for university relations since 2014, has been promoted to senior adviser to VCU President Michael Rao. Grant J. Heston will succeed Lepley as the university’s chief communications officer starting Jan. 10. Lepley has been with the university since 2002 and […]
CarLotz nominates four to board of directors
Chesterfield County-based CarLotz Inc., a consignment dealer of used cars, announced Thursday it has nominated four new members to its board of directors, effective following the closing of its merger with special purpose acquisition company Acamar Partners Acquisition Corp. CarLotz, which is valued at $827 million, will combine with Miami-based Acamar Partners Acquisition Corp. to […]
