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Virginia Beach maritime contractor to hire 86 workers
Virginia Beach maritime government contractor Anchor Innovation plans to add 86 jobs as part of an expansion, Gov. Glenn Youngkin announced Thursday. Founded in 2002, Anchor Innovation is a service-disabled, veteran-owned contractor providing marine maintenance and support to the U.S. Navy, including vessel repairs and upgrades. Anchor Innovation plans to invest $213,000 on the expansion, [&hellip[...]
BWXT wins $174M naval contract
A BWX Technologies subsidiary has been awarded a $174 million contract from the U.S. Naval Nuclear Propulsion Program.
Raytheon wins $5B Army contract
The U.S. Army has awarded Raytheon, a subsidiary of RTX, a roughly $5 billion contract to supply its Coyote Missile System.
Arlington drone software firm raises $130M in Series B funding
Auterion, an Arlington-based provider of drone software, announced it has raised $130 million in a Series B funding round.
Fairwinds Landing partner promotes COO and SVP
Portsmouth-based advanced engineering and manufacturing company Fairlead, a Fairwinds Landing project developer, promoted Jeremy Jeffreys to SVP and COO.
BWXT wins $1.5B contract for Tennessee uranium enrichment plant
A BWX Technologies subsidiary was awarded a $1.5 billion contract from the National Nuclear Security Administration to help the United States establish domestic uranium enrichment capability for defense, the Lynchburg-based nuclear components manufacturer announced Tuesday. Under the indefinite-delivery, indefinite-quantity contract, BWXT Enrichment Operations will design, build and operate the Do[...]
BWXT announces new chief strategy officer
BWX Technologies, a Lynchburg-based manufacturer of nuclear components and fuel has tapped Rik Geiersbach as its new chief strategy officer.
$1.64B CACI defense contract paused after Accenture protest
Following a protest by Accenture Federal Services, the Government Accountability Office has paused a $1.64 billion defense contract awarded to Reston-based Fortune 500 government contractor CACI International. On Aug. 11, the Department of Defense — which President Trump recently rebranded as the Department of War by executive order, pending congressional authorization for a formal name [&hellip[...]
Government Contractors | Technology 2025: WASSON, JOHN
Since joining ICF International in 1987, Wasson has risen to become the global consulting and technology services provider’s chairman and CEO. During the past two decades, ICF has doubled in size every five years on average. It reported fiscal 2024 revenue of $2 billion, up 6% from the previous year. Wasson, an alumnus of University […]
Government Contractors | Technology 2025: SMITH, CAREY A.
A seven-time winner of Executive Mosaic’s Wash100 Award recognizing leading government contracting executives, Smith joined Fortune 1000 defense contractor Parsons in 2016 and quickly rose through its ranks. Smith helped take Parsons public in 2019 and led its acquisition and integration of many companies, including its $89 million acquisition of Chesapeake Technology International in July, [...]
Government Contractors | Technology 2025: TOWNES-WHITLEY, TONI
In 2023, Townes-Whitley took the reins of federal contractor SAIC, becoming one of only two Black women who currently lead Fortune 500 companies as CEOs. SAIC, which has about 24,000 employees, reported fiscal 2025 revenue of $7.48 billion, an increase from $7.44 billion from fiscal 2023. In June, SAIC received a $928 million U.S. Air […]
Government Contractors | Technology 2025: WILKINSON, KARI
In January, Wilkinson took over leadership of Newport News Shipbuilding, a division of HII and the state’s largest industrial employer, with more than 26,000 workers. She succeeds Jennifer Boykin, who retired. Wilkinson spent three decades at HII’s Mississippi-based Ingalls Shipbuilding, becoming its president in 2021. She oversaw 11,000 workers who design, build and maintain amphibiou[...]
