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Parsons to acquire N.J. software company
Centreville-based Fortune 1000 defense contractor Parsons Corp. has entered into an agreement to acquire IPKeys Power Partners Inc., a New Jersey provider of enterprise software platform solutions, the company announced Tuesday. The $43 million acquisition is expected to close in the second quarter. IPKeys Power Partners delivers cyber and operational security to electric, water and […]
Cvent to be acquired in $4.6B deal
Tysons-based meetings and events software company Cvent Holding Corp. has agreed to be acquired by New York-based private equity firm Blackstone in a deal valued at about $4.6 billion, the company announced Tuesday. Under the agreement, Cvent stockholders will receive $8.50 per share in cash, representing a premium of 52% to the volume weighted average […]
Fairfax’s econ dev leader honored by White House
Fairfax County Economic Development President and CEO Victor Hoskins has a new accolade to add to his list of achievements. Hoskins, who has served in his role in Fairfax County since 2019, received a lifetime achievement award from the White House, the county EDA said Thursday. The award honors Hoskins for his “lifelong commitment to […]
Noblis promotes VP, chief people officer to senior VP
Reston-based Noblis Inc. is expanding the role of Vice President and Chief People Officer Deborah Drake by promoting her to senior vice president, the not-for-profit federal contractor announced Tuesday. Drake leads Noblis’ human resources and organizational development, including talent recruitment, total rewards system and employee engagement. “Over the past few years, Deb has helped to [...]
Defense and defensibility
When it comes to tech and government contractors, Northern Virginia‘s national profile continued to rise in 2022. Arlington County, where Amazon.com Inc.’s multibillion-dollar HQ2 is continuing to take shape in National Landing, made headlines around the globe in spring 2022. Fortune 500 companies Boeing Co. and Raytheon Technologies Corp. announced within weeks of each other […[...]
Amentum to relocate headquarters to Chantilly
Aerospace defense contractor Amentum Services Inc. is consolidating its operations and moving its headquarters from Germantown, Maryland, to Chantilly, a move that will add 157 jobs, Gov. Glenn Youngkin announced Monday. The relocation comes a little more than a year after Amentum completed its $1.9 billion all-cash purchase of Falls Church-based government contractor PAE Inc. […]
Krone to step down as Leidos CEO; Rolls-Royce exec to replace him
Reston-based Fortune 500 contractor Leidos Chairman and CEO Roger Krone plans to step down from both positions this year, with Thomas Bell, the president of Defense Rolls-Royce plc and chairman and CEO of the company’s North American branch, succeeding Krone as CEO on May 4, Leidos announced Monday. Robert S. Shapard will become the company’s […]
SAIC names SVP for Army biz unit
Reston-based Fortune 500 federal contractor Science Applications International Corp. (SAIC) has named Josh Jackson to lead the company’s Army business unit. SAIC announced the promotion Wednesday. Jackson, who has been with the company since 2002, will be responsible for strategy and business development across the company’s solutions and services delivered to SAIC’s Army custome[...]
Valiant receives $530M food services contract
Herndon-based government contractor Valiant Integrated Services will provide food distribution services to land-based military establishments, embassies and U.S. Navy vessels at ports in the southern Arabian Peninsula and East African nations under a contract worth up to $530 million, the Pentagon announced Feb. 10. The firm-fixed price, indefinite-delivery/indefinite-quality contract has an order[...]
Maxar public sector receives $192M NGA contract
Maxar Technologies’ Herndon-based public sector division has received a five-year contract worth up to $192 million from the National Geospatial-Intelligence Agency, the company announced Wednesday. Under the contract, Maxar, which has its corporate headquarters in Colorado, will provide the U.S. Foreign Commercial Imagery Program, which includes multiple U.S. allies and partners with servic[...]
Health first
2023 BEST PLACES TO WORK — SMALL EMPLOYERS WINNER SmartEdge IT LLC, a Herndon-based business software development company, places a high premium on employee health and well-being. SmartEdge pays 100% of the premium for its health care package and provides $50,000 life insurance policies for all full-time employees, benefits that start on the day a […]
Reston contractor lands $235M extension for Iraq base support
A subsidiary of Reston-based federal contractor Acuity International LLC won a $235.6 million U.S. Air Force contract modification to provide base support and security services for the Iraq F-16 program, the Pentagon announced Wednesday. The modification adds 12 months to the previously awarded contract, bringing the cumulative value of the contract to $360.78 million. The […]
