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Two govcons to merge, move HQ to NoVa
Colorado-based government contractor Vectrus Inc. and Mississippi-based The Vertex Co. will merge to form a company that will be based in Northern Virginia. Vectrus shareholders approved the all-stock merger, expected to close in the third quarter of 2022, on Wednesday. The combined company will be named V2X Inc. and will trade on the NYSE under […]
Raytheon moving global HQ to Arlington
Raytheon Technologies Corp. announced Tuesday that it will relocate its global headquarters from Massachusetts to Arlington in the third quarter of this year, a move that will see four of the top five U.S.-based aerospace and defense contractors headquartered in Virginia. Raytheon is the second-largest defense company in the world, just below Lockheed Martin, and […]
Parsons to acquire Xator for $400M
Parsons Corp., a Centreville-based federal contractor specializing in technology-focused defense, intelligence, security and infrastructure engineering, has entered into a definitive agreement to acquire Reston-based Xator Corp. for $400 million, the company announced Monday. Founded in 1944, Parsons is a publicly traded Fortune 1000 corporation with more than 16,000 employees working in 24 nation[...]
Meet SBA’s Va. small biz person of year
Jeri Prophet joined the Navy on a whim. She had been attending Arizona State University, saw a recruiter sign, and headed for the office. “Some people buy new shoes. I joined the Navy,” she recalled. She served 10 years in the Navy, first as a data systems analyst and left as an information systems technician. […]
Carlyle Group to acquire ManTech for $4.2B
Herndon-based ManTech International Corp. has entered into a definitive agreement to be acquired by The Carlyle Group for approximately $4.2 billion, the tech contractor announced Monday. In the all-cash transaction, ManTech shareholders will receive $96 per share in cash, a 32% premium to ManTech’s closing share price of $72.82 on Feb. 2, which was the […]
Northrop Grumman taps chief diversity officer
Falls Church-based Fortune 500 defense contractor Northrop Grumman Corp. has promoted Kenny Robinson to vice president and chief diversity officer, effective May 31. Robinson will be responsible for advancing Northrop Grumman’s diversity, equity and inclusion strategy and programs, the company’s corporate citizenship, DEI and ethics programs, as well as serve as president of the Northr[...]
Avantus Federal acquires N.C. tech firm
Avantus Federal has acquired North Carolina-based tech contractor Far Ridgeline Engagements (FRLE), the McLean-based IT defense contractor announced last week. Financial details of the transaction were not disclosed. “For almost 15 years, Far Ridgeline Engagements has earned eminence by maintaining a strong focus on providing solutions to our nation’s special operations and intelligence mi[...]
GDIT awarded $661M EPA contract
Falls Church-based General Dynamics Information Technology Inc. has received a $661.6 million contract to modernize and manage IT services for the U.S. Environmental Protection Agency. The award, announced April 28, includes developing and operating the EPA‘s enterprise IT infrastructure and applications. Services include cloud computing, platform management, network operations, enterprise i[...]
GDIT lands $4.5B IT contract
Falls Church-based General Dynamics Information Technology has been awarded a user facing and data center services contract from the National Geospatial-Intelligence Agency (NGA) worth $4.5 billion over a 10-year period. Under the contract, GDIT, a business unit of Reston-based Fortune 500 aerospace and defense contractor General Dynamics Corp., will operate, build, design and innovate an [&hellip[...]
Newport News Shipbuilding delivers 10th Virginia-class sub
The Navy’s newest submarine is now in the hands of the sea service. Newport News Shipbuilding delivered the future USS Montana (SSN-794) on March 11, according to a news release. It is the 10th Virginia-class fast-attack submarine to be delivered by Newport News and the 21st built as part of construction-sharing agreement with General Dynamics’ […]
Arcfield hires pair for leadership roles
Chantilly-based defense contractor Arcfield has hired Robert Gallegos as chief operating officer and Chris McCall as chief administration officer. Both will report to Arcfield CEO and Chairman Kevin Kelly, who was named CEO and chairman in December 2021. Formerly called CTFV Acquisition Corp., Arcfield is a portfolio company of The Veritas Capital Vantage Fund LP. […]
HII division announces new VP of infrastructure and sustainability
Newport News-based Fortune 500 military shipbuilder HII announced Wednesday that Eric Crooker is the new vice president of infrastructure and sustainability at its Pascagoula, Mississippi-based Ingalls Shipbuilding division. In this role, Crooker will focus on compliance and enterprise risk management along with overseeing environmental; health; safety and security; and facilities and maintenanc[...]
