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Amentum subsidiary secures potential $656M Navy contract
Amentum Mitie Pacific has been awarded a potential $656.36 million contract to provide support services at Navy Support Facility.
Wall Street ends mixed as tech dips, defense stocks rally
Jan 8 (Reuters) – Wall Street ended mixed on Thursday, as Nvidia and other technology stocks dipped, while defense companies advanced after President Donald Trump called for an enlarged $1.5 trillion military budget. Nvidia, Broadcom and Microsoft declined. A drop in the S&P 500 technology index left it down about 1% so far in 2026, as investors grew […]
Booz Allen triples venture capital fund
Booz Allen Hamilton, a Fortune 500 government contractor based in McLean, has tripled its venture capital commitment with the intent to invest in more defense tech companies. Booz Allen announced in 2022 its first commitment of $100 million to 17 companies, including Vienna-based Corsha and Rosslyn-based Shift5. The company’s first VC round focused on deep […]
Avio USA picks Virginia for $500M solid rocket motor factory
Avio USA plans a Virginia solid rocket motor facility, committing up to $500 million to expand U.S. aerospace and defense production.
HII wins up to $471.97M Navy contract
Huntington Ingalls Industries has won a Navy contract worth up to $471.97 million to provide engineering support for aircraft carriers.
Electra launches defense business unit
Manassas-based aviation startup Electra.aero on Wednesday announced that it has launched a new defense business unit.
100 people to meet in 2026: Contractors
Federal funding is the fuel that primes Virginia’s economic engine, and these government contracting executives are the drivers directing major projects for civilian, defense and intelligence agencies.
Chantilly’s VTG makes sixth acquisition of 2025
VTG announced Tuesday that it has acquired Fairfax-based technology firm Miklos Systems, its sixth acquisition this year.
SAIC wins $1.4B task order to speed warfighting tech development
SAIC secured a $1.4 billion COBRA task order from the U.S. Department of Defense to help fast-track warfighting technologies
Amentum wins $995M Air Force contract
Amentum has been awarded a contract of up to $995 million by the Air Force to modernize the unmanned MQ-9 Reaper aerial system.
Defense contractor to add 288 workers at Roanoke night-vision goggle factory
Elbit Systems of America will invest $30 million to expand its Roanoke County manufacturing facility and create 288 jobs.
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[...]
