Fairfax AI firm acquired by Texas-based tech company
Fairfax-based ARInspect, a firm specializing in artificial intelligence products for public sector field operations, has been acquired by Texas software company Tyler Technologies, the companies announced Tuesday. Tyler declined to disclose the price and terms of the deal. Tyler will add ARInspect’s AI-powered platform to its portfolio and use the Fairfax company’s technology across it[...]
Northrop Grumman awarded up to $732M for satellite contract
Fortune 500 Falls Church defense contractor Northrop Grumman will build 38 data transport satellites for the U.S. Space Force’s Space Development Agency under a contract valued up to $732 million as the agency builds out a space-based communications network. The work, announced Monday by the agency, falls under Tranche 2 Transport Layer – Alpha, a […]
Urgent.ly merges with Israeli company, goes public
Vienna-based roadside assistance tech company Urgent.ly has merged with Israel-based Otonomo Technologies, another vehicle technology business, and the combined company publicly listed its stock on Nasdaq on Oct. 19. The all-stock acquisition — a reverse merger allowing the combined business to go public, as an alternative to a traditional initial public offering — was first […]
MindPetal to acquire VerticalApps
Vienna-based government contractor MindPetal has entered into an agreement to purchase Arlington County-based IT firm VerticalApps, the companies announced Tuesday. Financial details of the transaction were not disclosed. MindPetal and VerticalApps hope to become “a premier [artificial intelligence/machine learning] firm by accelerating intelligent automation and modernization programs with [...]
HII secures $244M software integration contract
A McLean-based division of Huntington Ingalls Industries received a $244 million contract integrating software for the Navy, Marine Corps and Coast Guard, the Newport News-based Fortune 500 military shipbuilder announced Tuesday. Under the five-year, Naval Air Systems Command task order, HII’s Mission Technologies division will perform research, development, testing and evaluation to help in[...]
Amentum wins $327M Army contract
Chantilly-based federal contractor Amentum Services has won a U.S. Army contract worth up to $326.9 million, the company announced Monday. Under the five-year contract, Amentum will engineer, integrate and test prototype technologies for the Army’s command, control, communication, computers, cyber, intelligence, surveillance and reconnaissance (C5ISR) systems. The contractor will provide tec[...]
HII, General Dynamics sued by marine engineers
A group of naval engineers filed a federal class action lawsuit on Oct. 6 against 20 large government contractors and shipbuilders, including Virginia-based General Dynamics and Huntington Ingalls Industries, claiming that the corporations have for decades “maintained an illegal agreement not to actively recruit, or ‘poach,’ each other’s employees,” thus depriving nav[...]
HII’s Mission Technologies wins $347M Navy contract
Huntington Ingalls Industries’ McLean-based Mission Technologies will build nine undersea drones for the Navy’s Lionfish System program in a deal that could grow to as many as 200 vehicles during the next five years, with a total value of more than $347 million. Newport News-based HII announced the contract Wednesday. The system is based on […]
Ellucian to buy UK software company for $210M
Reston-based higher education software company Ellucian has agreed to buy United Kingdom-based Tribal Group, which also provides education services software, in an all-cash deal that values the company at up to $210 million. The deal was announced Thursday and Ellucian said in a news release that the offer was unanimously recommended by the Tribal board […]
Bowman appoints first chief revenue officer
Lance Hendrix has been named Bowman Consulting Group’s inaugural chief revenue officer, the Reston-based engineering services firm announced Wednesday. Hendrix, who will be based in Reston, has more than 30 years of engineering and construction management experience focused on the power, renewables and industrials markets. “Lance’s experience and impressive track record in the engine[...]
Wagner named CEO for Agile Defense
Reston-based Agile Defense, an IT solutions provider for national security customers and the U.S. Department of Defense, has named Rick Wagner as its new top executive. Wagner previously led Microsoft’s $5 billion federal arm until Candice Ling took over the role during the summer. Agile announced the leadership change in a news release Tuesday. Wagner […]
Northrop Grumman lands $705M missile contract
Falls Church-based aerospace contractor Northrop Grumman will develop and test the Air Force’s new air-to-surface missile under a $705 million contract. Under the contract, announced Monday by the Air Force and the Fortune 500 contractor, the company will develop, integrate and complete flight testing and rapid prototyping of the service’s stand-in attack weapon (SiAW) during […[...]