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Finance | Insurance 2023: JEAN STACK
In 2018, Stack, John Song and Alex Sevilla left the government services sector at California-based investment bank Houlihan Lokey to lead government services investment banking for Wisconsin-based Robert W. Baird & Co. Stack had worked 23 years at Houlihan Lokey, where she was a founding member of its Aerospace, Defense & Government practice. Her team […]
Steampunk wins pregnancy discrimination lawsuit
A federal jury ruled on Friday that a McLean-based IT federal contractor did not discriminate against a former employee on the basis of pregnancy or retaliate against her. The eight-person jury’s decision was unanimously in favor of Steampunk Holdings and its subsidiary, Steampunk Inc., after a five-day trial in the U.S. District Court for the […]
NoVa Forvis partner elected to nonprofit board
Rob Hartnett, a partner at the Tysons location of accountancy firm Forvis, has been elected to the Hedge Fund Association’s board of directors. Hartnett is a tax partner with Forvis’ asset management practice. The nonprofit Hedge Fund Association lobbies to advance transparency, development and trust in investments including hedge funds, private equity, venture capital, real […]
Bowman Consulting names new Fairfax branch manager
Reston-based Bowman Consulting Group has promoted Brad Glatfelter to manage its Fairfax County branch, the company announced Wednesday. Glatfelter joined the company as a project manager in 2014. As branch manager, he will oversee day-to-day operations, execute strategic business plans, drive utilization goals and maintain recruitment initiatives. He will also spearhead the diversification of [[...]
New federal per diem rates provide bump for hotels
The federal government’s fiscal 2024 per diem reimbursement rates — released Aug. 16 by the General Services Administration — will largely benefit Virginia’s hotels, but not necessarily its restaurants. The continental United States (CONUS) rates — dictating lodging allowances and meals and incidental expenses (M&IE) for federal employees while traveling — will be effective[...]
Parsons acquires Md. federal contractor for $200M
Centreville-based Fortune 1000 defense contractor Parsons has acquired Maryland-based contractor Sealing Technologies in a deal valued at $200 million. Parsons announced the deal Wednesday. The acquisition expands Parsons’ customer bases across the Department of Defense’s intelligence community and enhances its capabilities in defense cyber operations, integrated mission-solutions powe[...]
Mitre hires chief information officer
The Mitre Corp., a McLean-based not-for-profit organization that manages federally funded research and development centers, has hired Deborah Youmans as its new chief information officer, it announced Monday. A Virginia Tech graduate who has an MBA from the University of Maryland, Youmans joins Mitre from McLean-based Booz Allen Hamilton, where she was most recently vice […]
275 Va. companies make 2023 Inc. 5000 list
This year, 275 Virginia companies made the Inc. 5000 list of the nation’s 5,000 fastest-growing privately held companies, which Inc. magazine released Tuesday. Ranking at No. 34 overall, Goldschmitt and Associates LLC was the highest-ranking Virginia companies on the list. Founded in 1998, the Leesburg-based information technology company specializes in computer programming, systems design a[...]
Leidos awarded $197M CMS contract
Reston-based Fortune 500 contractor Leidos has won a new task order from the federal Centers for Medicare and Medicaid Services with an estimated total value of $197 million, the Reston-based Fortune 500 contractor announced Monday. Under the hybrid firm-fixed-price, time and materials order, Leidos will provide IT support to the agency through its Office of […]
Lidl US chief to leave, reports say
Updated Aug. 7, 2023 The president and CEO of Lidl US, the Arlington-based United States branch of the German grocery chain, is set to leave the post at the end of August, according to reports in German and U.S. trade publications citing an internal memo. Michal Lagunionek, Lidl’s U.S. president and CEO since 2021, will […]
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,[...]
ManTech to acquire Definitive Logic
ManTech International Corp. on Tuesday signed an agreement to acquire Arlington County-based Definitive Logic in a deal that will add 330 employees to the Herndon-based federal contractor’s workforce. Financial terms of the deal were not disclosed. Definitive Logic provides digital transformation consulting services and technology to defense, Homeland Security and federal civilian agencies. [...]
