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BAE Systems wins $247M Space Force contract
Arlington-based defense contractor BAE Systems announced Wednesday it has received a $247 million U.S. Space Force contract to design and manufacture an advanced GPS receiver and semiconductor. Work on the contract will be performed for the Space Force’s Space and Missile Systems Center. The technology will provide positioning, navigation and timing capabilities during missions. “This [&he[...]
BAE Systems awarded additional $184M for Marines amphibious vehicle
Arlington-based defense contractor BAE Systems has received a $184 million order from the U.S. Marine Corps for more Amphibious Combat Vehicles (ACV) under a contract option. In December, BAE Systems received approval to begin full-rate production of ACVs and received a $184 million contract modification to produce an initial 36 vehicles for the service branch’s […]
NYC-based software company acquires Arlington Salesforce developer
New York City-based software company Togetherwork announced Wednesday it has acquired Arlington-based Salesforce developer Fonteva. Financial terms of the transaction were not disclosed. Under the acquisition, Fonteva will operate as a business unit within Togetherwork and be led by Fonteva Chief Revenue Officer Pat McGlynn, who has been named president of Fonteva. The majority of […]
Norfolk shipping, logistics company to create 400 jobs through $36M expansion
Shipping and logistics company CMA CGM Group will keep its North American headquarters in Norfolk and invest $36 million to expand its Hampton Roads and Northern Virginia operations, creating more than 400 jobs, Gov. Ralph Northam announced Thursday. The French company opened its first Virginia office in 2002 in Virginia Beach and in 2005 moved […]
Amazon reveals Arlington HQ2’s ‘Helix’ centerpiece
Despite lingering questions around when or how remote workers may return to office life following the pandemic, Amazon.com Inc. on Tuesday released fresh plans for the second phase of its $2.5 billion East Coast HQ2 headquarters in Arlington‘s National Landing area, where it is gearing up to employ 25,000 people during the next decade. “When […]
Carlyle Group buys two Va. tech companies; forms Two Six Technologies
An affiliate of Washington, D.C.-based global investment firm The Carlyle Group has acquired Virginia tech companies IST Research and Two Six Labs to form Two Six Technologies Inc., which will provide tech services to the intelligence community, the Department of Defense and other national security customers. Financial terms of the acquisitions were not disclosed, but […]
Arlington company names chief technology officer
Arlington-based Cobham Advanced Electronic Solutions (CAES) announced last week it has hired David Young as its chief technology officer. Young most recently served as vice president of advanced program development at Lockheed Martin Space. In his new role, he will work with the company’s four operating divisions on the technical roadmap and business strategies. He […]
CACI wins $376.4M National Geospatial-Intelligence Agency contract
Arlington-based federal technology contractor CACI International Inc. was awarded a potential $376.4 million contract from the National Geospatial-Intelligence Agency to improve its structured observation management (SOM) storage and production capabilities, according to a federal System for Award Management (SAM) notice. CACI will develop and deploy a software environment allowing the agency and [...]
CACI wins $96M Army task order
The U.S. Army awarded Arlington-based federal technology contractor CACI International Inc. a $96 million task order to provide engineering and logistics services for the U.S. Army’s Medical Communications for Combat Casualty Care (MC4) Program, the company announced Tuesday. Under the task order, CACI will help the Army to integrate, test, train, deploy and sustain electronic […]
Arlington biotech company names CFO
Regenerative tissue producer Kerecis, which has its U.S. headquarters in Arlington, announced last week it has named Mike Cadigan as its chief financial officer. With 25 years of experience, Cadigan was most recently the managing partner of Cadigan Capital, where he previously advised Kerecis since 2017. Kerecis was founded in Iceland in 2013 and established […]
CACI wins $48M FEMA contract
The Federal Emergency Management Agency awarded Arlington-based federal technology contractor CACI International Inc. a potential $48 million contract to work on the agency’s National Public Warning System (NPWS), according to a System for Award Management (SAM) notice. The NPWS disseminates information and warnings during national emergencies. CACI will construct, decommission, update and[...]
CACI International executive chairman dies at 83
Arlington-based federal technology contractor CACI International Inc. announced Wednesday the death of J. Philip “Jack” London, the company’s executive chairman, at age 83. He served as chairman, president and CEO of the company from 1984 to 2007 and as executive chairman since 2007. “All of us at CACI are deeply saddened by Dr. London’s passing,” […]
