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8 Va. companies make 2023 Fortune Global 500
Eight Virginia-based companies made Fortune magazine’s 34th Global 500 list, released Tuesday, notably including the newly renamed RTX and Boeing Co. as Virginia’s second and third highest-ranking companies, both of which are also newcomers to the state, having moved their headquarters to Arlington County last year. Freddie Mac remained Virginia’s top-ranked company, at No. 133,[...]
Amentum-led team receives $5.87B nuke cleanup contract
A team led by Chantilly-based federal contractor Amentum Services Inc. will manage the decontamination and decommissioning of a Cold War-era nuclear weapons complex under a $5.87 billion, 10-year contract announced by the U.S. Department of Energy Thursday. Southern Ohio Cleanup Company LLC, based in Aiken, South Carolina, is a joint venture led by Amentum Environment […]
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[...]
After protests, CACI prevails on $5.7B Air Force IT contract
After rounds of protest from other bidders, Reston-based CACI International Inc. announced Tuesday that it will transform the Air Force’s IT service delivery for more than 800,000 airmen and Space Force guardians under a $5.7 billion contract. Enterprise Information Technology as a Service (EITaaS) Wave 1, an Air Force initiative, includes transforming the Air Force’s […]
RTX’s Raytheon lands $1.15B missiles contract
Arlington County-based Raytheon, a business unit of newly rebranded aerospace and defense contractor RTX, will produce Advanced Medium Range Air-to-Air Missiles for the U.S. Air Force and Navy as well as foreign militaries under a $1.15 billion contract announced by the Pentagon Tuesday. The contract includes missiles, the AMRAAM telemetry system, spares and other production […]
Raytheon rebrands to RTX as part of business reorg
A year after moving its headquarters to Arlington County, Fortune 500 aerospace and defense contractor Raytheon Technologies Corp. has rebranded as RTX. The new name, launched to coincide with the Paris Air Show and the company’s 2023 investor meeting, comes as RTX consolidates its business units from four to three: aerospace and defense technology supplier […]
GDIT receives $383M Navy contract
Falls Church-based General Dynamics Information Technology Inc. will help train more than 100,000 U.S. Navy and allied sailors on surface combat systems under a $383 million contract announced June 15. The contract, awarded by the Naval Surface Warfare Center Dahlgren on behalf of the service’s Surface Combat Systems Training Command, has a one-year base and […]
HII Mission Technology promotes two execs
Newport News-based Huntington Ingalls Industries Inc.’s McLean-based Mission Technologies division has promoted Garry Schwartz, formerly a group president, to chief operating officer on June 1. At the same time, the company also promoted Todd Gentry to president of the division’s C5ISR (command, control, computers, communications, cyber, intelligence, surveillance and reconnaissance) [...]
General Dynamics subsidiary to build ninth Navy oiler
A subsidiary of Reston-based General Dynamics Corp. has received a $736 million contract modification for detail design and construction of the ninth replenishment oiler in the Navy’s John Lewis-class fleet, the Pentagon announced Monday. San Diego-based National Steel and Shipbuilding Co. is expected to begin construction of T-AO 213 in the third quarter of 2025. […]
Valiant wins $748M language services task order
Herndon-based defense contractor Valiant Integrated Services LLC will provide linguist and translation support to the U.S. Central Command under a $748 million task order with a ceiling value of up to $1.4 billion, the government contractor announced Thursday. Under the contract, Valiant will provide comprehensive linguist and translation support in CENTCOM’s area of responsibility, a [&hell[...]
Navy awards $1.1B more for sub construction
General Dynamics Corp.’s Groton, Connecticut-based Electric Boat Corp. has received nearly $1.1 billion more from the Navy to continue building Virginia-class submarines, and its teammate, Newport News Shipbuilding, has received a $305 million chunk of that award to procure long-lead time material and components for the next two hulls. The contract modification, announced by the […]
SAIC lands $249M Navy air warfare contract
Reston-based Science Applications International Corp. will continue servicing combat instrumentation platforms used by the Naval Air Warfare Center Weapons Division for training and test evaluation under a potential $249 million contract, the Fortune 500 contractor announced Tuesday. Under the contract, SAIC will perform systems design and integration, hardware and software upgrades and modificati[...]
