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Reston-based defense contractors win spots on $800M Army contract
Three Reston-based companies won spots on a potential three-year, $800 million U.S. Army contract to support the branch’s Information Systems Engineering Command (USAISEC), the Department of Defense announced Monday. Fortune 100 defense contractor General Dynamics Corp., NCI Information Systems Inc. and Fortune 500 defense contractor Science Applications International Corp. (SAIC) will compe[...]
McLean defense contractor wins $71M Air Force space task order
The U.S. Air Force awarded McLean-based defense contractor Alion Science and Technology Corp. a $71 million task order to help the branch’s research laboratory (AFRL) develop space, electromagnetic and information technologies for potential national security use, the company announced Monday. Under the task order, Alion will provide research, development, test and evaluation services to the [...]
SAIC wins $878M GSA task order
The U.S. General Services Administration awarded Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) an $878 million task order to provide cybersecurity, engineering, tech and research and development services. Under the task order, SAIC will develop and deploy capabilities to help warfighters access critical information and data at speeds and scales neces[...]
Hampton Roads State of the Region report offers sobering look at COVID-19 impacts
Old Dominion University’s Dragas Center for Economic Analysis & Policy’s 2020 State of the Region report for Hampton Roads offers a sobering look at how the pandemic has harmed the regional economy and left tens of thousands of Hampton Roads residents jobless. Employment in Hampton Roads fell dramatically, hotel occupancy continues to be outpaced by […]
Charlottesville cybersecurity company names defense president
Charlottesville-based cybersecurity technology company Mission Secure Inc. announced Tuesday it has appointed Bob McAleer as president of Mission Secure Defense. A U.S. Army and industry veteran, McAleer most recently served as chief operating officer for Nashville, Tennessee-based Military System Group, which designs and manufactures weapons mounts. He also serves on the board of Utah-based therm[...]
A large data center could have $50M annual impact on SWVA, study finds
Southwest Virginia is well-positioned for data centers and a large data center could result in more than 2,000 jobs and $50 million in annual economic activity, according to the Project Oasis study conducted by OnPoint Development Strategies and released Monday by InvestSWVA. Due to its land availability, geothermal cooling opportunities and workforce readiness and development, […]
DXC Technologies finalizes $5B spinoff of health, human services business
Tysons-based Fortune 500 IT services company DXC Technology has completed the sale of its U.S. State and Local Health and Human Services business to private equity firm Veritas Capital for $5 billion, the Fortune 500 company announced Monday. DXC Technology announced in March it would sell the business unit, which provides technology enabled, mission critical […]
Northrop Grumman lands $1.16B Navy contract
The U.S. Navy awarded Falls Church-based Fortune 100 defense contractor Northrop Grumman Corp. a potential $1.16 billion follow-on contract to manufacture updated electronic warfare systems the branch will use to defend surface combatant vessels against anti-ship missile threats, the company announced Friday. The award includes a $100.7 million base value and covers AN/SLQ-32(V)7 Block 3 [&helli[...]
Smithfield Foods donates $100K to aid homeless vets
Smithfield Foods Inc. donated $100,000 to to support state government programs for homeless veterans and their families, Gov. Ralph Northam announced Friday. The donation from the Smithfield Foundation presented to the Virginia Veterans Services Foundation will be designated to the Veteran Homeless Fund, which provides one-time gap assistance to homeless veterans in the process of […]
Hourigan names CFO, general counsel
Richmond-based commercial construction and development firm Hourigan announced Friday it has hired David Ryan as chief financial officer and Kelley Holland as general counsel. Ryan most recently served as vice president for corporate strategy and investor relations at chemical company Albemarle Corp. With nearly 30 years of experience, he has also served in leadership roles […]
