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275 Va. companies make 2023 Inc. 5000 list
This year, 275 Virginia companies made the Inc. 5000 list of the nation’s 5,000 fastest-growing privately held companies, which Inc. magazine released Tuesday. Ranking at No. 34 overall, Goldschmitt and Associates LLC was the highest-ranking Virginia companies on the list. Founded in 1998, the Leesburg-based information technology company specializes in computer programming, systems design a[...]
Cloud, cyber company to establish HQ in Loudoun
Fortreum LLC, a cloud-computing and cybersecurity firm, is establishing its headquarters in Loudoun County and creating 53 jobs, Gov. Glenn Youngkin announced Thursday. The company, launched in 2021, provides cybersecurity and cloud support with an emphasis on regulatory compliance and technical validations, for businesses operating in the public and private sectors. Fortreum expects to invest [&h[...]
Cybercrime Inc.
The maddening thing is, the person in accounting did exactly what they were supposed to do after receiving an email purportedly from their chief financial officer asking them to transfer tens of thousands of dollars to a different account. “They called the CFO to make sure the email was accurate,” got the OK and made […]
Port cranes: Cause for concern?
The Port of Virginia may have as many as 30 Chinese ship-to-shore cranes that have come under scrutiny from Pentagon officials over national security concerns. Five more cranes are scheduled for delivery next year. Manufactured by state-owned company Shanghai Zhenhua Heavy Industries Co., known as ZPMC, the cranes are a possible security risk, according to […]
Feds say Chinese cranes used at Port of Va. could be spy tools
The Port of Virginia may have as many as 30 Chinese ship-to-shore cranes that have come under scrutiny from Pentagon officials over national security concerns, and the port has five more on delivery for next year. The cranes made by Shanghai Zhenhua Heavy Industries Co., known as ZPMC, a state-owned company whose major shareholder is […]
LookingGlass appoints former CIA officer to advisory board
Reston-based cybersecurity contractor LookingGlass Cyber Solutions Inc. announced Monday that it appointed former CIA officer William T. “Terry” Burruss to its advisory board. Burruss is a retired senior intelligence service officer and was most recently deputy chief of the Center for Cyber Intelligence in the CIA’s Directorate of Digital Innovation. He oversaw intelligence collection, a[...]
CACI exec named CTO at Avint
Herndon-based Avint LLC, a federal cybersecurity and management consulting firm, has named Suresh Subbaratinam as chief technology officer, the firm announced Wednesday. Subbaratinam joins Avint from CACI International and has a patent pending on cybersecurity vulnerability/risk prediction using machine learning/deep learning algorithms. In his new role, he will be leading solution architecture, [...]
ASGN acquires D.C. cybersecurity firm
ASGN Inc., a Glen Allen-based Fortune 1000 provider of information technology and professional staffing services, has acquired Washington, D.C.-based Iron Vine Security LLC, a cybersecurity company that works with federal clients, ASGN announced Oct. 3. Financial details have not been publicly disclosed. Iron Vine and its team of 230 workers will become part of ECS […]
Google completes $5.4B Mandiant acquisition
Google LLC has completed its acquisition of Reston-based cybersecurity company Mandiant Inc. in an all-cash transaction valued at $5.4 billion. Google is paying $23 per share for Mandiant, which is joining Google Cloud while retaining its branding. The companies announced the deal in March. Together, Google Cloud and Mandiant will offer customers more capable end-to-end […]
GDIT secures $298M U.S. Courts contract
Falls Church-based federal contractor General Dynamics Information Technology Inc. announced Tuesday that it received a $298 million blanket purchase agreement by the Administrative Office of the U.S. Courts (AOUSC) Case Management Systems Office. Under the five-year contract, which the AOUSC awarded in May, GDIT will provide application development, solutions architecture, operations and engineer[...]
‘The Wild West’
From an outsider’s perspective, it may appear as if technology is improving and changing almost daily — especially sparked by pandemic-driven remote work. But according to a 2021 study by the Massachusetts Institute of Technology, more than 80% of technologies improve in performance at a rate of less than 25% per year. Virginia Tech, however, […]
No myth
Last year, Lori Stacy found herself leading a unicorn. The CEO of Norfolk-based Trader Interactive, an online marketplace for boats, recreational vehicles, motorcycles and other niche vehicles, Stacy helped shepherd the company through its June acquisition by Australian auto retailer carsales.com Ltd. The Australian company paid $624 million for 49% of the business in August […]
