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Raytheon wins $5B Army contract
The U.S. Army has awarded Raytheon, a subsidiary of RTX, a roughly $5 billion contract to supply its Coyote Missile System.
Federal job cuts ripple through Northern Virginia
Trump’s federal job cuts are hitting Northern Virginia hard, with layoffs, stalled contracts, rising unemployment and a softening housing market.
Arlington drone software firm raises $130M in Series B funding
Auterion, an Arlington-based provider of drone software, announced it has raised $130 million in a Series B funding round.
RTX subsidiary lands $578.6M Army contract
Raytheon has been awarded a $578.63 million U.S. Army contract to procure Stinger missiles, ancillary equipment and related support.
Redhorse taps new CEO
Arlington County-based federal contractor Redhorse announced this week that it is promoting President Noah Klemm to CEO.
Reagan airport concession operator to lay off 55
Magic Pan, Say Si Bon and U Street Pub will close at Reagan National Airport, resulting in 55 jobs lost.
$1.64B CACI defense contract paused after Accenture protest
Following a protest by Accenture Federal Services, the Government Accountability Office has paused a $1.64 billion defense contract awarded to Reston-based Fortune 500 government contractor CACI International. On Aug. 11, the Department of Defense — which President Trump recently rebranded as the Department of War by executive order, pending congressional authorization for a formal name [&hellip[...]
Arlington pays Amazon HQ2 incentives for first time
For the first time since approving Amazon’s HQ2 incentive package, Arlington County will finally pay Amazon a check — more than $81,000.
HII promotes exec to new maritime systems post
HII announced Thursday that it has promoted Eric Chewning to executive vice president of maritime systems and corporate strategy.
CoStar completes $1.9B acquisition of Domain
CoStar Group announced Wednesday that it has completed its $1.9 billion acquisition of Australian property listings platform Domain.
Boeing wins $883M Army cargo support contract
Boeing has been awarded a $883.1 million contract from the U.S. Army to provide cargo engineering and logistics support services.
CoStar sues Zillow for alleged copyright infringement
CoStar Group has sued Zillow, claiming that the real estate website is using its copyrighted images illegally.
