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Accenture Federal Services completes Novetta acquisition
Arlington-based Accenture Federal Services, a subsidiary of Fortune Global 500 professional services company Accenture, has completed its acquisition of Novetta, a McLean-based advanced analytics company, the two companies announced Thursday. The financial terms of the deal, first announced in June, were not disclosed. The acquisition will add a national security portfolio to AFS’ business, [...]
Arlington’s Macfadden wins $177.5M USAID contract
Arlington-based Macfadden & Associates Inc., a subsidiary of Falls Church-based Pacific Architects and Engineers Co. (PAE), has been awarded a $177.5 million task order to support the United States Agency for International Development (USAID)’s Bureau for Humanitarian Assistance, the company announced Wednesday. Macfadden, an international consulting firm offering technical services to [...]
Bloomberg Industry Group appoints diversity, inclusion and community head
Arlington-based Bloomberg Industry Group appointed Ebony Amoroso as its first head of diversity, inclusion and community, it announced Friday. “Ebony has developed a stellar track record leading cutting-edge diversity programs across the media landscape, and I’m excited to welcome her on board to fill this critically important role,” Josh Eastright, CEO of Bloomberg Industry Grou[...]
Bloomberg Industry Group acquires tax software company
Arlington-based Bloomberg Industry Group has acquired Minneapolis-based Tax Prodigy for its Bloomberg Tax & Accounting division, it announced last Tuesday. Financial details of the transaction were not disclosed. Tax Prodigy will be absorbed into Bloomberg and will not function as a subsidiary. “On behalf of Tax Prodigy’s founders and owners, we are excited to be […]
Arlington’s Evolent Health to acquire N.J. telehealth company
Arlington-based Evolent Health Inc. has entered into a definitive agreement to acquire telehealth company Vital Decisions for $85 million, with a potential earnout of up to $45 million, Evolent announced Wednesday. Based in Edison, New Jersey, and founded in 2006, Vital Decisions is a portfolio company of WindRose Health Investors LLC, a New York-based private […]
McLean-based IntelliBridge LLC acquires Arlington’s U. Group
McLean-based tech contractor IntelliBridge LLC has acquired Arlington-based technology solutions firm U.Group, the company announced Tuesday. Financial details of the transaction were not disclosed. “U.Group’s team of creative and innovative technology experts solidifies our position in the digital solutions marketplace,” IntelliBridge President and CEO Cass Panciocco said in a state[...]
Arlington’s Sage Management acquired by S.C. firm
Sage Management, an Arlington-based telecommunications software company, has been acquired by Charleston, South Carolina-based SIB Fixed Cost Reduction, SIB parent company O2 Investment Partners announced Tuesday. Financial details of the transaction were not disclosed. “Sage introduces a new adjacency that transforms SIB’s telecom cost-reduction capabilities,” SIB CEO Kevin Flounder[...]
CACI wins $496M Air Force contract
Arlington-based Fortune 500 federal contractor CACI Innovations Inc. has won a nine-year contract potentially worth $496 million with the U.S. Air Force Sustainment Center. Under the indefinite delivery, indefinite quantity Air Force Automated Test System Sustainment Initiative II contract, CACI will support the mission of the Ogden Air Logistics Complex in Utah. The contractor will […]
BAE Systems locks onto $117M subcontract for missile-seeking tech
Arlington-based defense contractor BAE Systems Inc. received a $117 million subcontract from Lockheed Martin Corp. to produce missile-seeker technology for long range anti-ship missiles (LRASM), it announced Monday . The seeker technology enables LRASM to detect and engage maritime targets in contested environments with less dependence on traditional navigation systems. The contract will support m[...]
Accenture Federal Services wins $729M Army contract
Arlington-based Accenture Federal Services won a $729 million contract from the U.S. Army, it announced Tuesday. Under the six-year contract, AFS will help the U.S. Army Communications-Electronics Command (CECOM) consolidate multiple enterprise resource planning systems into a single model. The company will support the Army Shared Services Center (SSC) initiative of CECOM with capability support [[...]
Virginia snags “Best Business Climate” state ranking
Virginia is the state with the “Best Business Climate” in the nation, according to Business Facilities magazine’s 17th annual State Ranking Report, released Wednesday. Last year, Texas held the No. 1 spot, with Virginia taking second. After falling off Business Facilities’ top 10 list in 2014 and 2015, Virginia placed ninth in 2016, fourth in […]
Arlington supply chain tech company joins unicorn club
Following its $100 million Series C financing round, Arlington-based supply chain management technology company Interos Inc. has been valued at $1 billion, reaching coveted unicorn status. Led by CEO Jennifer Bisceglie, Interos is one of 74 female-led unicorns, according to Crunchbase. Worldwide, there are more than 770 unicorn companies. Interos’ cloud platform uses artificial intelligence [...]
