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Recent Articles from Sydney Lake
Va. hotels continue slow recovery
Virginia hotel revenues remained below pre-pandemic levels last week, according to data from STR Inc., a CoStar Group division that provides weekly market data on the U.S. hospitality industry. For the week of Sept. 27 through Oct. 3, hotel revenues in Virginia decreased by 43% and rooms sold declined by 27%, compared to the same […]
Md.-based tech company opens NoVa lab
Greenbelt, Maryland-based tech company Paradyme Management Inc. announced Wednesday it has established an IT lab, Paradyme Labs, in Tysons. The lab will serve as a hub for team and customer collaboration and as an operations space for recruiting, training, sales and engineering. The expansion allows for more space for Paradyme, which has nearly doubled the […]
Charlottesville solar company acquires Calif. firm
Charlottesville-based Sigora Solar announced Wednesday it has acquired Rancho Cordova, California-based Aztec Solar. Terms of the transaction were not disclosed. “Through the strategic acquisition of Aztec Solar, Sigora is realizing our goal to be a national leader in energy,” Sigora Solar CEO Logan Landry said in a statement. “We at Sigora are driven by a […]
Reston cybersecurity company announces leadership changes
A day after selling its Cyveillance business unit to Baltimore-based cybersecurity firm ZeroFOX, Reston-based LookingGlass Cyber Solutions Inc. announced Wednesday that its chairman of the board, Gilman Louie, has been named CEO. Louie is also a partner at San Francisco-based venture capital firm Alsop Louie Partners, which has invested in LookingGlass. LookingGlass provides attack surface [&helli[...]
Amazon to donate $1M to NoVa schoolchildren amid pandemic
Arlington Public Schools announced Wednesday that e-commerce giant Amazon.com Inc., which is establishing its $2.5 billion East Coast HQ2 headquarters in Arlington, will donate $1 million to support the needs of thousands of students from underserved Northern Virginia communities amid the COVID-19 pandemic. Communities In Schools NOVA will distribute Amazon’s donation through its Right Now [&hel[...]
General Dynamics wins $100M DIA task order
The Defense Intelligence Agency has awarded Falls Church-based General Dynamics Information Technology Inc. (GDIT) a potential $100 million task order to provide engineering services in support of the agency’s information technology modernization efforts, the company announced Tuesday. Under the task order, GDIT will provide engineering support to the DIA’s IT infrastructure, including system [...]
Perspecta Labs lands $24.65M Navy contract
The U.S. Navy awarded the research arm of Chantilly-based federal contractor Perspecta Inc. a potential seven-year, $24.65 million contract to provide telecommunications and engineering standards support to help the branch in its emergency preparedness and national security initiatives, the Department of Defense announced Tuesday. Under the contract, Perspecta Labs will help the Navy deploy Next [[...]
Reston tech company names finance VP
Reston-based tech and network security company Electrosoft announced Tuesday it has hired Justin Lapington as vice president of finance. With more than 25 years of experience, Lapington most recently worked with government contractor Preferred Systems Solutions, where he accounted for more than $150 million in annual revenue. In his new position, he will manage Electrosoft’s […]
Newport News Shipbuilding taps in-service aircraft carrier programs VP
Newport News-based Huntington Ingalls Industries announced Tuesday that Todd West has been promoted to vice president of in-service aircraft carrier programs for the company’s Newport News Shipbuilding division, succeeding Chris Miner, who will retire Dec. 1 after more than 37 years with America’s largest military shipbuilder. “Chris’ passion and commitment have been defining attribu[...]
Va. makes $12M extra CARES funding available for rent, mortgage relief
An additional $12 million in federal CARES Act funding will be directed to Virginia’s Rent and Mortgage Relief Program (RMRP) due to high demand for financial assistance with mortgages and rent payments. First launched in June with $50 million in federal CARES Act funding, the program provides financial assistance through a one-time payment with the […]
