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Serco completes $327M acquisition of NG division
Herndon tech and management contractor Serco announced Tuesday that it has completed its $327 million acquisition of Northrop Grumman’s mission training and satellite ground network communications software business, also known as MT&S.
Booz Allen CEO says 7% of employees to be laid off
McLean-based Fortune 500 management consulting business Booz Allen Hamilton will lay off 7% of its 35,800-employee workforce, mainly in its civil division, Chairman, CEO and President Horacio Rozanski said Friday during an earnings call.
Dewberry taps new COO, division presidents
Fairfax County-based engineering, architecture and construction firm Dewberry is making several changes to its executive leadership.
Amentum wins $91.8M Navy contract
Chantilly-based federal contractor Amentum Services announced last week that it won a $91.8 million contract from the Naval Surface Warfare Center Dahlgren Division (NSWCDD) to provide software engineering services that will help the U.S. Navy protect national security.
Virginia congressman dies from cancer
U.S. Rep. Gerry Connolly, a nine-term Democrat representing Virginia's 11th congressional district, has died, his family announced Wednesday morning.
EU regulators to decide on Mars-Kellanova merger in June
Antitrust regulators with the European Union have set a June 25 deadline to decide whether to approve McLean-based candymaker and pet care giant Mars' $35.9 billion acquisition of snack producer Kellanova, announced last August.
Iridium to invest $13M to relocate Tysons HQ, add 117 jobs
Tysons-based global satellite communications company Iridium Communications will invest more than $13 million to expand its headquarters in Fairfax County and create 117 jobs, Gov. Glenn Youngkin announced Tuesday.
Three CEOs from Virginia return to Fortune’s most powerful women list
Three Virginia defense contractors' CEOs returned to Fortune's 100 Most Powerful Women in business list for 2025. They lead General Dynamics, Northrop Grumman and SAIC.
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.
Capital One proposes $425M lawsuit settlement
On Friday, just before closing the $35.3 billion acquisition of Discover Financial Services, Capital One Financial came to settlement terms with customers who were suing the McLean bank. If the agreement is approved by a federal judge, Capital One will pay $425 million to plaintiffs.
UPDATE: $35B Capital One-Discover merger closes
McLean-based Capital One Financial is scheduled to close on its $35.3 billion acquisition of Discover Financial Services on Sunday, finalizing the merger of the credit card giants announced last year.
Tyto Athene acquires StackArmor to boost cyber compliance, cloud capabilities
Tyto Athene acquired StackArmor to expand its cyber compliance and cloud capabilities for government clients.
