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Fairfax County

cybersecurity art
May 19, 2025

VTG acquires 3 Northern Virginia tech companies

Chantilly-based engineering firm VTG announced last week that it has acquired three firms in an effort to expand its intelligence community footprint. On April 30, VTG announced that it acquired Fulton, Maryland-based Triaplex.

Federal courthouse photo by AdobeStock
May 19, 2025

Capital One proposes $425M lawsuit settlement

On Friday, just before closing the $35.3 billion acquisition of Discover Financial Services, Capital One Financial came to settlement terms with customers who were suing the McLean bank. If the agreement is approved by a federal judge, Capital One will pay $425 million to plaintiffs.

Capital One $35B purchase of Discover Financial gets regulatory approvals
May 16, 2025

UPDATE: $35B Capital One-Discover merger closes

McLean-based Capital One Financial is scheduled to close on its $35.3 billion acquisition of Discover Financial Services on Sunday, finalizing the merger of the credit card giants announced last year.

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May 12, 2025

Tyto Athene acquires StackArmor to boost cyber compliance, cloud capabilities

Tyto Athene acquired StackArmor to expand its cyber compliance and cloud capabilities for government clients.

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May 12, 2025

ServicePower acquires French tech company

McLean-based field service management software company ServicePower announced last week it had acquired France-based technology company Inveniam.

Virginia-class submarine conducts sea trials in Groton, Connecticut. Photo courtesy General Dynamics
May 1, 2025

HII, General Dynamics win up to $18.4B submarine contract modification

Huntington Ingalls and General Dynamics have been awarded Navy contract modifications worth up to a possible $18.4 billion to build two Virginia-class submarines, the Department of Defense announced.

Photo of a blue tractor trailer with the name Beacon emblazed on the side door.
Apr 29, 2025

QXO completes $11B purchase of Beacon Roofing Supply

Beacon Roofing Supply, a Herndon Fortune 500 roofing material and building supplies company, is now a subsidiary of Connecticut software and tech business QXO after the closing of its $11 billion purchase Tuesday, QXO announced.

U.S. Rep. Gerry Connolly, D-Fairfax. Photo courtesy Connolly's office
Apr 28, 2025

Connolly says this will be his last term in Congress

U.S. Rep. Gerry Connolly announced Monday that he will be stepping back as ranking Democratic member of the U.S. House of Representatives' Oversight Committee and that this will be his final term in Congress, as his cancer has returned after a brief remission.

Kimmy Duong. Photo courtesy George Mason University
Apr 25, 2025

McLean business leader’s foundation gives $20M to George Mason University

Kimmy Duong donates $20M to George Mason University, funding scholarships and naming the Long Nguyen and Kimmy Duong School of Computing.

Glenn Diersen is the founder and president of Summit Human Capital in Richmond. Photo courtesy Summit Human Capital
Apr 23, 2025

19 Virginians are finalists for EY Mid-Atlantic Entrepreneur of the Year

Nineteen Virginia entrepreneurs are finalists for EY’s 2025 Mid-Atlantic Entrepreneur of the Year award, with winners to be announced June 18.

Lockheed Martin. AdobeStock
Apr 23, 2025

Federal contractor Amentum to sell Rapid Solutions for $360M

Chantilly-based federal contractor Amentum announced Wednesday it has entered into a definitive agreement to sell its hardware and product business, Rapid Solutions, to Fortune 500 aerospace company Lockheed Martin for $360 million.

Boeing 737 MAX airliners are pictured at the company's factory on Thursday, Sept. 12, 2024, in Renton, Wash. (AP Photo/Stephen Brashear, File)
Apr 23, 2025

Boeing doesn’t expect its recovery to be impacted by trade war with China

Boeing CEO Kelly Ortberg said Wednesday that he doesn't expect the U.S. trade war with China to forestall the Arlington County-based company's financial recovery. Meanwhile, RTX and General Dynamics surpass Wall St. expectations and Northrop Grumman is below forecast.

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