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Leidos names new chief growth officer
Reston-headquartered Fortune 500 federal contractor Leidos announced Wednesday that it’s promoting Jason Albanese to corporate executive vice president and chief growth officer, effective March 3. Currently senior vice president of growth for the company’s National Security sector, Albanese is succeeding Gerry Fasano, who is retiring as planned on April 4. Albanese joined Leidos in 201[...]
HII’s CEO doesn’t expect major defense spending cuts under Trump
President Donald Trump’s suggestion last week that he could cut U.S. defense spending in half spooked the stock market — but the CEOs of Virginia’s Huntington Ingalls Industries and Science Applications International Corp. are taking Trump’s statement in stride. Thursday afternoon, Trump said, “One of the first meetings I want to have is with President […]
Peraton taps new senior vice president of talent acquisition
Reston-based federal contractor Peraton has selected Dana Pittman to be its new senior vice president of talent acquisition. Pittman, who has almost three decades of experience in talent management and recruiting, made the announcement in a post on LinkedIn, saying she’s “grateful to friends and family for their unwavering support during this transition.” According to […]
Fairfax casino bill appears to be dead, following subcommittee vote
A bill that would have given Fairfax County the right to hold a casino referendum is likely dead for the 2025 session, after passing a vote last week in the Virginia State Senate. Senate Bill 982, introduced by Democratic Sen. Scott Surovell, was passed by for the day — in other words, not passed along […]
Tysons’ Alarm.com buys stake in remote video monitoring company
Alarm.com has acquired a majority stake in CHeKT, a Louisiana-based cloud platform for remote video monitoring services, according to a Tuesday announcement by the Tysons home security tech company. Financial terms of the deal were not disclosed. According to Alarm.com, the acquisition strengthens its “market opportunity in the emerging professional video monitoring space.” Moving forward, [&h[...]
Booz Allen fires subcontractor who wrote document about DOGE access to Treasury
McLean-based Fortune 500 management consulting contractor Booz Allen Hamilton has fired a subcontractor who warned the U.S. Treasury Department about the Department of Government Efficiency having access to the Treasury’s payment system. Booz Allen said that sources quoted in recent media reports “mischaracterize a document provided to Treasury officials” and that the company did not [&h[...]
NoVa could feel pain if Trump cuts federal office space
Northern Virginia is sure to weather aftershocks if the Trump administration moves forward with plans to shutter half of the properties owned and leased by the federal government. “We’ll see some strong reverberations,” said David Tarter, executive director for the Center for Real Estate Entrepreneurship and the master’s in real estate development program at George […]
MicroStrategy unveils new name and logo, emphasizing Bitcoin
The Tysons tech company formerly known as MicroStrategy has a new moniker: Strategy. In addition to announcing a new name, the Bitcoin behemoth chaired by Michael Saylor unveiled Wednesday a new logo and a new brand color. “The new logo includes a stylized “B,” signifying the company’s Bitcoin strategy, and its unique position as a […]
Fairfax casino legislation passes in Va. Senate
A bill to allow Fairfax County residents to hold a casino referendum passed in a Virginia State Senate vote Tuesday. The measure will next go before the Virginia House of Delegates for consideration. Senate Bill 982, introduced by Sen. Scott Surovell, D-Fairfax, passed in a 24-16 vote in the Senate, along bipartisan lines, with some […]
Herndon contractor to acquire NG division for $327M
Herndon tech and management contractor Serco Inc. has agreed to acquire Northrop Grumman’s mission training and satellite ground network communications software business (MT&S) for approximately $327 million. Serco Inc., a wholly owned subsidiary of United Kingdom-based Serco Group, announced the deal Wednesday, which is expected to close in mid-2025. MT&S provides the U.S. military [...]
Fairfax casino bill moves forward in Va. Senate
A Virginia State Senate bill that could bring a casino to Tysons won a vote in the Senate Finance Committee on Tuesday, pushing it forward to a full Senate vote later in the Virginia General Assembly session. If passed by the state legislature and signed by Gov. Glenn Youngkin, Fairfax County voters would have the […]
CFPB sues Capital One, claiming bank avoided paying $2B in interest
The Consumer Financial Protection Bureau has sued Capital One and its McLean holding company, Capital One Financial, alleging the companies cheated millions of consumers out of more than $2 billion in interest payments, the federal agency announced Tuesday. Capital One, the CFPB alleges, promised customers that its flagship 360 Savings account provided one of the […]
