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Recent Articles from Sydney Lake
McLean defense contractor announces brand name change
McLean-based defense contractor E3/Sentinel LLC announced Monday it will operate under a new brand name, Avantus Federal. “This is a significant milestone for our organization and highlights our capabilities, our growth and our commitment to both our clients and our employees,” Avantus Federal CEO Andy Maner said in a statement. “Our unification to Avantus Federal […]
Kaine introduces legislation to establish HBCU business centers
U.S. Sens. Tim Kaine (D-Virginia) and Roger Wicker (R-Mississippi) announced Tuesday they have introduced the Reaching America’s Rural Minority Businesses Act, which would establish up to 10 minority business centers at historically Black colleges and universities (HBCUs) to serve rural and underserved communities. The legislation would authorize the Minority Business Development Agency (MBD[...]
Danville Utilities completes 14MW solar project
Danville Utilities, in partnership with Edison, New Jersey-based CS Energy LLC, Hingham, Massachusetts-based Navisun LLC and Denver-based TurningPoint Energy, announced Tuesday it has completed a 14-megawatt utility-scale solar project in Danville — the city’s largest solar development to date. The 100-acre project, which began construction in December 2019, is estimated to generate 23,551[...]
General Dynamics IT lands $761.6M GSA contract
U.S. General Service Administration awarded Falls Church-based General Dynamics Information Technology Inc. (GDIT) a $761.6 million contract to update and secure information technology infrastructure that supports the U.S. Southern Command mission. Under the Southern Command’s (SOUTHCOM) Cyber Information Technology Enterprise Services (SCITES) contract, GDIT will provide global enterprise I[...]
Leidos wins $306M follow-on Army contract
The U.S. Army awarded Reston-based Fortune 500 federal contractor Leidos Holdings Inc. a $306 million follow-on contract to help the branch operate and maintain the Saturn Arch aerial platform, the company announced Monday. The Saturn Arch aerial platform works to neutralize improvised explosive devices. Under the contract, Leidos will provide ground and flight operations for […]
Va. allocates $116M CARES funding for higher ed
As public universities and medical centers have depleted previously allocated federal dollars, Gov. Ralph Northam is directing more than $116 million in federal CARES Act funding to higher education institutions in Virginia, the governor announced Tuesday. Funding will go to public universities and medical centers in support of telework, distance learning, personal protective equipment, sanitizati[...]
Smooth sailing
Small business | Mark Baumgartner, CFO Pender & Coward PC, Norfolk It’s safe to say Mark Baumgartner knows the ins and outs of Virginia Beach-based law firm Pender & Coward PC, where he has served as chief financial officer since 2017. Prior to becoming the firm’s CFO, Baumgartner had 20 years of experience working as […]
Growth mode
Large Business | Carla Stoner, CFO Harbor Group International LLC, Norfolk Carla Stoner doesn’t come from a typical CFO background of working strictly as an accountant or CPA, but she had the chops to grow Norfolk-based real estate investment and management firm Harbor Group International LLC (HGI) from $3.8 billion in assets under management to […]
‘No name but team’
Marcus Stephenson is living his dream. After a nearly 15-year career in sports entertainment marketing and content (including stints with World Wrestling Entertainment and the Columbus Blue Jackets NHL team), Stephenson joined the Washington Football Team as its vice president of digital marketing and programming just one year ago — ahead of what will be the […]
Breaking barriers
Small Nonprofit | David Silver, CFO Medical College of Virginia Foundation, Richmond David Silver fell into the nonprofit world by chance. After graduating as a Russian history major from the University of Maryland in the midst of the early 1990s recession, Silver worked for several years at hotels and restaurants, where he wound up performing […]
