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VTG acquires 3 Northern Virginia tech companies
Chantilly-based engineering firm VTG announced last week that it has acquired three firms in an effort to expand its intelligence community footprint. On April 30, VTG announced that it acquired Fulton, Maryland-based Triaplex.
DHS says it is canceling $2.4B Leidos contract
According to a court filing last week, the U.S. Department of Homeland Security has terminated a $2.4 billion IT and cybersecurity contract awarded to Reston-based federal contractor Leidos last year.
New Arlington hub to boost defense, energy startups
Virtus Innovation Center in Arlington will support 30+ startups in defense and energy, connecting them to talent, capital, and federal customers.
Booz Allen lands contracts totaling $1.2B
In the span of a week, McLean-based Fortune 500 management consulting contractor Booz Allen Hamilton won multiple contracts totaling over $1.2 billion.
AeroVironment completes $4.1B acqusition of BlueHalo
Arlington County-based defense contractor AeroVironment on Thursday announced that it had successfully completed its $4.1 billion acquisition of Arlington aerospace and defense tech firm BlueHalo.
HII, General Dynamics win up to $18.4B submarine contract modification
Huntington Ingalls and General Dynamics have been awarded Navy contract modifications worth up to a possible $18.4 billion to build two Virginia-class submarines, the Department of Defense announced.
Newport News Shipbuilding hits milestone with dual Ford-class carrier builds
Newport News Shipbuilding hits milestone with dual Ford-class carrier builds, 3D printing tech, and major workforce investments to meet Navy demand.
Boeing doesn’t expect its recovery to be impacted by trade war with China
Boeing CEO Kelly Ortberg said Wednesday that he doesn't expect the U.S. trade war with China to forestall the Arlington County-based company's financial recovery. Meanwhile, RTX and General Dynamics surpass Wall St. expectations and Northrop Grumman is below forecast.
Intelligent Waves pays $1.95M to settle False Claims Act allegations
Reston-based defense contractor Intelligent Waves agreed to pay $1.95 million to settle False Claims Act allegations involving two U.S. Air Force contracts. And in a separate case, Fairfax-based government contractor General Dynamics Mission Systems agreed to pay $600,000 to settle allegations that a company that it acquired made false statements in federal government contract proposals. […[...]
Bechtel wins $242M contract modification for chemical weapons destruction
Reston-based Bechtel National has been awarded a $242.28 million contract modification from the U.S. Army to address past contract overruns associated with the Pueblo Chemical Agent-Destruction Pilot Plant in Colorado. The plant is a chemical weapons destruction facility that destroyed the chemical weapons stockpile previously stored at the U.S. Army Pueblo Chemical Depot in Pueblo, […]
AeroVironment subsidiary to deliver uncrewed vehicles to German Armed Forces
Arlington County-based defense contractor AeroVironment announced last week that its subsidiary Telerob was awarded “a significant contract” to deliver 41 large-sized advanced uncrewed ground vehicles to the German Federal Armed Forces, with initial deliveries scheduled for this summer and additional orders extending through 2027. AeroVironment declined to reveal the amount of the contract, ci[...]
Peraton taps new chief security officer
Peraton last week announced that it has appointed Christy Wilder as its chief security officer. In the role, Wilder will develop and execute comprehensive strategies, risk management and mitigation initiatives, incident response preparedness and enterprise safety protocols for the Reston-based federal contractor. She succeeds Mike Londregan. “Peraton is emerging as a leading-edge technology comp[...]
