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Bowman acquires Ga., Fla. engineering firms
Updated May 18 Reston-based engineering services firm Bowman Consulting Group Ltd. completed two acquisitions early this week, its 19th and 20th purchases since going public in May 2021. The company announced Monday it had acquired Georgia-based Fisher Engineering Inc. and followed it with a Wednesday announcement it had acquired Florida-based civil engineering firm Hole Montes […]
NG receives $244.6M for ballistic missile work
Falls Church-based Northrop Grumman Corp. has received a $244.6 million modification to a previously awarded contract to continue work on ballistic missile defense system capabilities, the Pentagon announced May 9. The indefinite-delivery/indefinite-quality contract continues development, integration, testing and fielding of complex advanced discrimination techniques, operation and sustainment of [...]
ASRC Federal closes $350M purchase of SAIC logistics biz
The $350 million cash sale of Science Applications International Corp. (SAIC)’s logistics and supply chain management business to ASRC Federal Holding Company LLC is complete, the Reston-based companies announced Monday. ASRC and Fortune 500 tech contractor SAIC first announced the deal in March. With the sale’s completion, 240 SAIC employees transitioned to ASRC Federal. “We [&helli[...]
IT contractor to add 90 jobs in Fairfax
Reston-based Dev Technology Group will invest $366,000 to expand in Fairfax County, adding 90 jobs, Gov. Glenn Youngkin announced Monday. The investment includes 10,000 square feet of additional office space. Founded in 1998, Dev Technology Group provides IT services to the federal government, including the Department of Homeland Security, the Commodity Futures Trading Commission, multiple [&helli[...]
GMU biz school receives $50M bequest
George Mason University’s School of Business will be renamed for the late Donald G. Costello, a Loudoun County native and business owner who left the university $50 million in his will, GMU announced last week. The donation is the university’s largest individual gift in its 50-year history. Costello, who died in 2017 at the age […]
Katie Cristol to lead Tysons development nonprofit
Arlington County Board of Supervisors member Katie Cristol will step down early to take a job as the first permanent CEO of the Tysons Community Alliance, the Tysons community development nonprofit announced Tuesday. Cristol will assume the role on July 5, relieving acting CEO Richard Bradley. In October 2022, the Tysons Community Alliance replaced the […]
Regional TIDs generate tourism marketing bucks
Tourism improvement districts are new to Virginia, but they’ve been in place elsewhere for two decades. Designated areas that raise funds for tourism marketing through hotel assessments, TIDs were passed by the Virginia General Assembly in 2021, and a Richmond-area TID is expected to launch this year. “There are more than 200 TIDs already in […]
Pack your bags
Although hospitality in Northern Virginia is taking its time toward a full comeback, there are a few signs that the industry is bouncing back — chiefly midweek hotel bookings. Business travelers, the bread and butter of Washington, D.C.’s hospitality industry, are more likely to purchase last-minute plane tickets that cost more, spend more on meals […]
SAIC wins $889M defense contract
Reston-based Science Applications International Corp. (SAIC) has won an $889 million contract to develop and implement an information technology solution for the Defense Counterintelligence and Security Agency’s systems, SAIC announced Tuesday. As the prime contractor, SAIC will develop One IT, an enterprise IT solution with an adaptable infrastructure and customer support. The company’[...]
ASRC Federal buys Manassas defense contractor
Reston-based ASRC Federal Holding Co. has acquired Manassas-based defense contractor Broadleaf Inc., ASRC announced Monday. Financial details of the transaction were not disclosed. Founded in 2009, Broadleaf is a U.S. Small Business Administration Certified Native Hawaiian Organization. The company provides information technology services and professional services. Broadleaf was No. 977 on the 202[...]
HII announces more than $1.8B in contracts
Newport News-based Huntington Ingalls Industries Inc. on Tuesday announced more than $1.8 billion in contracts awarded to its mission technologies and shipbuilding divisions. The company’s McLean-based Mission Technologies was awarded a $1.3 billion U.S. African Command Personnel Recovery Enterprise Services and Solutions (PRESS) task order, which has a one-year base period with up to six [&[...]
Rolls-Royce North America names new CEO
Rolls Royce plc has named Adam Riddle as the new chairman and CEO of its Reston-based North American branch, as well as president of its defense division, effective immediately. He succeeds Thomas Bell, who recently was hired to lead Leidos. Riddle, a former Army officer and Boeing Co. executive, has been with Rolls-Royce’s defense branch […]
