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RTX subsidiary secures $1.5B Air Force contract
Pratt & Whitney, a subsidiary of Arlington County Fortune 500 aerospace and defense contractor RTX, secured a three-year award valued at up to $1.5 billion to sustain F119 engines powering the U.S. Air Force’s F-22 fighter jets. RTX announced the contract award to its aerospace manufacturing subsidiary, headquartered in Connecticut, Thursday. The maintenance and support services […]
Boeing to lay off about 200 workers in megarocket program
Arlington County-based Fortune Global 500 aerospace and defense giant Boeing plans to lay off about 200 employees working on NASA’s Space Launch System program in anticipation of potential program cuts or cancellation. The company previously expected to eliminate about 400 positions in the program by April, according to Bloomberg, but now plans to keep roughly […]
PSI lands $156M contract to support VA’s electronic health records push
The U.S. Department of Veterans Affairs has awarded Planned Systems International, which has its principal office in Arlington County, a $156 million contract to provide test and evaluation support for the VA Electronic Health Record Modernization Integration Office (EHRM-IO) program. The VA announced the award of the Independent Enterprise Testing and Support Services contract Monday […]
RTX board chair to step down in April
Gregory J. Hayes will step down as executive chairman of Arlington County-based RTX in April, when he will be replaced by Christopher T. Calio, president and CEO of the Fortune Global 500 aerospace and defense contractor. Hayes notified RTX of his plans to step down as executive chairman and from the board “prior to the […]
Could Boeing HQ move be in the cards?
In May 2022, Virginia officials were in a buoyant mood as Fortune Global 500 aerospace and defense giant Boeing announced it would move its world headquarters from Chicago to Arlington County, with then-President and CEO Dave Calhoun having conferred with Gov. Glenn Youngkin months ahead about the move. Nearly three years later, the mood is […]
Accenture Federal Services wins $3.5B DOE contract
The Department of Energy awarded Accenture Federal Services, an Arlington County federal contractor, a $3.5 billion, single-award, blanket purchase agreement to provide information technology services to the agency on Friday, just prior to the Trump administration’s return to the White House. The CIO Business Operations Support Services (CBOSS) contract runs through 2032, according to a [&he[...]
U.S. Army awards RTX’s Raytheon $946M contract modification
The U.S. Army has awarded Raytheon, a subsidiary of Arlington County Fortune 500 aerospace and defense contractor RTX, a contract modification worth about $946.47 million for production hardware, software and services related to the Patriot air defense system, the U.S. Department of Defense announced Monday. The U.S. Army Contracting Command, located at Redstone Arsenal in […]
Here’s NVAR’s prediction for 2025 NoVa housing market
The Northern Virginia housing market will continue to strengthen in 2025, with moderate price increases and increased market activity, according to the Northern Virginia Association of Realtors’ 2025 regional housing market forecast, produced with George Mason University’s Center for Regional Analysis. Examining the past year, Terry Clower, director of the Center for Regional Analysis and [&he[...]
Navy awards Raytheon potential $903.9M contract
The Navy has awarded Raytheon, a subsidiary of Arlington County Fortune 500 aerospace and defense contractor RTX, a contract worth up to $903.9 million, if all options are exercised, to provide support for a sensor system, the U.S. Department of Defense announced Monday. The initial $34 million firm-fixed-price, cost-plus-fixed-fee, cost-plus-incentive-fee and cost only contract covers […[...]
Ballston BID names new CEO
The Ballston Business Improvement District (BID) has named Danette Nguyen its next CEO, the Arlington County organization announced Monday. A Ballston resident, Nguyen previously was the managing director of the Maryland Women’s Business Center (MWBC), a program which encourages women to start, sustain and grow their businesses. Additionally, Nguyen spent five years working at the […]
AeroVironment to acquire BlueHalo for $4.1B
AeroVironment, an Arlington County defense contractor, announced this week it will purchase aerospace and defense tech firm BlueHalo for approximately $4.1 billion in an all-stock transaction. Also based in Arlington, BlueHalo is owned by private equity firm Arlington Capital Partners and works in space technologies, counter-uncrewed aircraft systems, directed energy, electronic warfare, cyber, ar[...]
Accenture Federal Services wins $1.6B task order
Accenture Federal Services has been awarded a task order of up to $1.6 billion to scale and enhance Cloud One, the cloud computing platforms available to the U.S. Department of Defense that are managed by the Air Force, the Arlington County federal contractor announced last week. “Accenture Federal Services will help the U.S. Air Force […]
