Sign In
Free Newsletter
‘Love Local’ launches to help National Landing businesses
National Landing Business Improvement District and the Restaurant Association Metropolitan Washington have launched a $100,000 joint relief initiative, Love Local, which will assist struggling restaurants and small businesses in Arlington‘s National Landing neighborhood with minimum $1,000 grants. “Restaurants and small businesses are the backbone of our community in National Landing �[...]
BAE Systems names senior VP for government relations
Arlington-based defense contractor BAE Systems Inc. announced Thursday that Shelly O’Neill Stoneman, the company’s vice president for executive branch and international government relations, will become its senior vice president for government relations, effective April 17. Stoneman will succeed Frank Ruggiero, who will remain with the company as a legacy fellow, and will report direct[...]
Arlington intends to extend ground leases for Courthouse Plaza
Arlington County and developer JBG Smith have entered into a letter of intent to restructure three ground leases that JBG Smith holds on government-owned land for a multiplex movie theater at 2100/2200 Clarendon Boulevard and office space at 2300 Clarendon Boulevard. While the county owns the land, JBG Smith owns the buildings. The letter of […]
Vienna, Arlington government contractors merge
Vienna-based government contractor The Ambit Group and Arlington-based IT company GreenZone Solutions Inc. have merged. Financial terms of the transaction were not disclosed. The combined company will operate under the Ambit brand. Founded in 2004, Ambit provides mission-driven services for government customers, while GreenZone specializes in data management, operations, science and analytics. Und[...]
Leonardo DRS files IPO registration
The Italian federal defense contractor Leonardo announced Friday it has filed a registration statement with the Securities and Exchange Commission for an planned initial public offering (IPO) of its U.S. subsidiary, Arlington-based Leonardo DRS. The $2.54 billion IPO could take place in March, according to reports from Reuters. Leonardo did not release the official amount […]
Arlington firm buys two global training companies
Arlington-based security government services firm IDS International announced Wednesday it has acquired Arlington-based global training companies DECO and GovSource. Financial terms of the transactions were not disclosed. DECO provides global training and technical services while GovSource provides military and law enforcement training to the U.S. government. IDS provides training and technica[...]
Leidos to buy Arlington-based Gibbs & Cox for $380M
Reston-based Fortune 500 government contractor Leidos Holdings Inc. has agreed to acquire Arlington engineering and design firm Gibbs & Cox Inc. in a $380 million cash transaction as part of its efforts to expand into the maritime market and add engineering talent to its team. Leidos expects the deal to be completed in the second […]
GMU establishes President’s Innovation Advisory Council
George Mason University President Gregory Washington on Monday announced he has formed an advisory roundtable of nearly 30 regional business executives and community leaders to focus on the university’s innovation initiative. The President’s Innovation Advisory Council will focus on issues such as GMU’s efforts to increase the pipeline of tech workers. George Mason’s innova[...]
Arlington engineering firm merges with Ala.-based tech company
Arlington-based Millennium Engineering and Integration (MEI) announced last week it has merged with Huntsville, Alabama-based QuantiTech. Financial terms of the transaction were not disclosed, but the combined company will have more than 2,000 employees across more than 20 U.S. locations. MEI provides systems engineering and integration services for space, defense, cyber, intelligence and aviation[...]
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 […]
