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Leidos to partner with Project HOPE to aid Ukraine
As Russia began its invasion of Ukraine in February, Leidos employees took to an internal blog and emailed senior executives to demonstrate support for the Eastern European nation. CEO Roger Krone remembers one employee who had family in the country and wanted to get them out. Six months later, the Reston-based Fortune 500 defense contractor […]
Rolls-Royce wins $1B Navy contract
Reston-based Rolls-Royce North America has received a contract totaling more than $1 billion to support the engines that power the Navy’s fleet of T-45 Goshawk training jets. The Pentagon announced the award Thursday, naming Indianapolis-based Rolls-Royce Corp. as the recipient. Rolls-Royce Corp. falls under the British aerospace and defense company’s North American operations. Accordi[...]
SAIC receives $319M Air Force contract
Reston-based Fortune 500 contractor Science Applications International Corp. (SAIC) has received a $319 million contract to modernize and maintain the Air Force’s Falconer weapon system, the company announced Wednesday. Under the Falconer Air Operations Center Weapon System Sustainment contract, an SAIC team will work with Kessel Run, a division of the Air Force Life Cycle Management [&hell[...]
SES completes $450M purchase of Leonardo DRS satellite biz
Reston-based satellite telecommunications company SES Government Solutions has completed its $450 million acquisition of Arlington-based Leonardo DRS Inc.’s Global Enterprise Solutions satellite communications subsidiary following receiving regulatory approval. SES Government Solutions, a subsidiary of the Luxembourg-based satellite telecommunications network company, announced the deal̵[...]
General Dynamics subsidiaries land new defense contracts
Subsidiaries of Reston-based Fortune 500 contractor General Dynamics Corp. have received multiple defense contracts in recent weeks totaling more than $1.6 billion with the potential for more. On Thursday, the Pentagon announced that the company’s San Diego-based National Steel and Shipbuilding Co. received an $890 million modification to a contract for construction of the seventh […]
GDIT promotes exec to chief information security officer
Falls Church-based federal contractor General Dynamics Information Technology Inc. has named Justin DePalmo its new chief information security officer. In his new role, DePalmo is responsible for all aspects of cybersecurity, including strategy, operations, implementation and management of cybersecurity compliance, training, vulnerability management, risk mitigation, incident response and cyberthr[...]
Hilton will expand global HQ in Fairfax
Hilton Worldwide Holdings Inc. will expand its Fairfax County corporate headquarters, creating 350 jobs over the next five years, Gov. Glenn Youngkin announced Thursday. Over the next five years, the Fortune 1000 global hospitality company will add a variety of roles in areas created to support growth in the coming years, according to a Hilton […]
Peraton lands $850M Pentagon contract
Herndon-based technology contractor Peraton will provide the Department of Defense with agile analytic platforms and data management solutions under a five year, $850 million contract, the company announced Wednesday. “Peraton is proud to continue our longstanding relationship with the DoD supporting the modernization of its data management capabilities,” Tom Afferton, president of PeratonR[...]
Rolls-Royce wins $854M Navy contract
Reston-based Rolls-Royce North America has received an $854.3 million contract from the Navy for engine repairs on C/KC-130 Hercules aircraft. The Pentagon announced the award Monday, naming Indianapolis-based Rolls-Royce Corp. as the recipient. Rolls-Royce Corp. falls under the British aerospace and defense company’s North American operations. Work involves depot level repairs to AE2100 D3 [...]
MicroStrategy CEO Michael Saylor to step down, become exec chair
Amid mounting losses from its multibillion-dollar bitcoin investments, MicroStrategy Inc. CEO and founder Michael Saylor is stepping down from his current role and will take on the position of executive chairman, the Tysons-based technology company announced Tuesday. The move is effective Aug. 8. MicroStrategy President Phong Le will also become the company’s new CEO, as […]
Leidos buys Aussie special missions biz
Reston-based Fortune 500 federal contractor Leidos Holdings Inc. has entered into an agreement with British technology aerospace manufacturer Cobham Ltd. to purchase the special missions business from its Australia-based Cobham Aviation Services subsidiary, according to a news release. Financial details of the deal, which will add airborne surveillance and search and rescue missions to Leidos̵[...]
Creating community vibes
In Virginia Beach, most tourists flock to the Oceanfront. But just a couple blocks west, you’ll find an area that feels a little more artsy and a lot more local. In the 15-block ViBe Creative District, situated between the Virginia Beach Convention Center and the Oceanfront, coffee shops and restaurants operate out of former industrial […]
