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Recent Articles from Sydney Lake
SAIC hires space biz senior VP
Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) announced Tuesday it has hired David Ray as the senior vice president of its space business unit. Most recently, Ray served as president of government and defense at Flir Systems. In his new role, he will lead the team focused on space programs such as […]
The Hilb Group acquires Medicare-focused firm
Henrico County-based insurance company The Hilb Group LLC announced Tuesday it has acquired West Greenwich, Rhode Island-based Compass Planners (CP). Financial terms of the transaction were not disclosed. Led by Jim Soucy, CP is an insurance company that specializes in Medicare Advantage. Soucy and his three colleagues will join THG’s Cranston, Rhode Island office. Soucy […]
Baltimore company acquires Richmond architecture firm
Baltimore-based MCA Architecture announced Tuesday it has acquired KOP Architects of Richmond. Financial terms of the transaction were not disclosed. MCA already has offices in Pennsylvania, Maryland and Virginia. It will close its current Reston location and consolidate the two Virginia offices in Richmond. MCA will gain clients including Virginia Commonwealth University, VCU Health, the [&hellip[...]
Roanoke, New River Valley organizations form tech alliance
The Valleys Innovation Council (VIC), the Roanoke-Blacksburg Technology Council (RBTC) and the Regional Accelerator and Mentoring Program (RAMP) have formed an alliance called Verge. In July 2020, the three groups announced they were developing the alliance, which is aimed at supporting the region’s technologists, innovators and entrepreneurs. VIC focuses on research commercialization and the [...]
U.K. software company acquires Blacksburg firm
Nottingham, England-based software company Ideagen plc announced Tuesday it has acquired Blacksburg-based Qualtrax. Financial terms of the transaction were not disclosed. This marks the 21st acquisition for Ideagen, which provides quality management software for aviation, financial services, life science, health care and manufacturing industries. Founded in 1993, Qualtrax provides software that he[...]
Springfield company wins $570.9M DOT contract
The U.S. Department of Transportation awarded Springfield-based engineering and technology company Ensco Inc. a potential 20-year, $570.9 million contract to help the Federal Railroad Administration operate and maintain a department-owned facility for rail system research, development, testing and training. Services will be performed at the Transportation Technology Center (TTC) in Pueblo, Color[...]
HCA Healthcare Capital Division names senior VP
Richmond-based HCA Healthcare Capital Division announced Monday it has promoted Shaila Menees as its senior vice president of strategy and business development, effective March 22. Menees for the past six years has served as HCA Healthcare’s associate vice president of cardiac and vascular service lines in Nashville, Tennessee. With more than 15 years of health […]
Richmond convenience store operator to acquire 61 locations in Mich., Ohio
Richmond-based convenience stores owner and operator GPM Investments LLC announced Monday it has signed an agreement to acquire 61 ExpressStop convenience stores with gas stations in Michigan and Ohio. Financial terms of the transaction were not disclosed. The acquisition will add to GPM’s existing 165 stores in Michigan and nine in Ohio. GPM Investments is […]
General Dynamics wins $99M FAA contract
The Federal Aviation Administration (FAA) has awarded Reston-based Fortune 100 defense contractor General Dynamics Corp. a $99 million contract to provide URC-300E transceivers as part of its Emergency Transceiver Replacement (ETR) program, the company announced Thursday. The program replaces current legacy radios with very high frequency (VHF) and ultra high frequency (UHF) radios for civil [&hel[...]
Northrop Grumman wins $84.5M NASA contract
NASA announced Thursday it has awarded an $84.5 million contract to Falls Church-based Fortune 500 defense contractor Northrop Grumman Corp. to provide propulsion support and products for spaceflight missions. Under the Mars Ascent Propulsion System (MAPS) contract, Northrop Grumman will provide support and products at the agency’s Marshall Space Flight Center in Huntsville, Alabama. The [&helli[...]
