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Capital One inks $125M MLB sponsorship deal
Tysons-based Capital One Financial Corp. has signed a deal reportedly worth $125 million to become the official bank and credit card partner of Major League Baseball and the presenting sponsor of the World Series, Capital One and Major League Baseball announced Monday. CNBC reported the deal is worth $125 million over five years. The Fortune […]
McLean medical office building refinanced with $20M loan
Toronto-based commercial real estate firm Avison Young announced Wednesday that its debt and equity finance team had arranged a $20 million loan to refinance a medical office building in McLean. Built in 1985, the three-story, 47,000-square-foot medical office building is located at 1420 Beverly Road. A partnership between Stewart Investment Partners and Chestnut Funds owns […]
Peraton receives $254M State Department award
Herndon-based Peraton Inc. has been awarded a five-year, $254 million contract to support the State Department’s Diplomatic Security Service’s cybersecurity operations. The federal contractor announced the award Thursday. Under the contract, Peraton will provide cyber support, including incident management, threat analysis and penetration testing. Peraton will also help the department [...]
WaveDancer to acquire Herndon SaaS firm for $90M
Fairfax-based software company WaveDancer Inc. announced Tuesday that it has entered into a definitive agreement to acquire Herndon-based software-as-a-service platform company Knowmadics Inc. for $90 million. Approximately $56.5 million in cash and $33.5 million of stock at a price of $6.50 per share comprise the $90 million total. WaveDancer intends to raise approximately $67 million […]
GDIT lands $4.5B IT contract
Falls Church-based General Dynamics Information Technology has been awarded a user facing and data center services contract from the National Geospatial-Intelligence Agency (NGA) worth $4.5 billion over a 10-year period. Under the contract, GDIT, a business unit of Reston-based Fortune 500 aerospace and defense contractor General Dynamics Corp., will operate, build, design and innovate an [&hellip[...]
Fairfax County developer John ‘Til’ Hazel Jr. dies at age 91
John T. “Til” Hazel Jr., a major force behind the development of Tysons Corner and several planned communities in Fairfax County in the late 20th century, as well as a significant booster of George Mason University, died Wednesday at age 91. An Arlington native, Hazel was also an attorney and graduated from Harvard University and […]
Booz Allen to acquire Reston-based cyber firm
McLean-based global management consultant Booz Allen Hamilton Inc. announced Wednesday that it plans to acquire EverWatch, a Reston-based government solutions contractor. Terms of the deal were not disclosed. The deal will allow Booz Allen to speed delivery of classified software development and analytics capabilities for national security clients and complements its artificial intelligence and c[...]
Construction starts on I-495 express lanes extension
Virginia and Transurban North America officials held a groundbreaking Monday for the $660 million extension of the Interstate 495 express lanes in Fairfax County, Gov. Glenn Youngkin announced. The 495 Express Lanes Northern Extension (495 NEXT) project is occurring on a 2.5-mile stretch between the Dulles Corridor and the George Washington Memorial Parkway and will […]
Leidos wins $545M biomedical research contract
Reston-based Fortune 500 government contractor Leidos Holdings Inc. won a potential $545 million contract to support biomedical research for the National Institute of Allergy and Infectious Diseases (NIAID), the company announced Wednesday. Under the seven-year, indefinite delivery, indefinite quantity contract, Leidos will provide services including chemistry manufacturing and control, non-clinic[...]
Google to buy Reston cybersecurity firm for $5.4B
Reston-based cybersecurity firm Mandiant Inc. has entered into an agreement to be acquired by Google LLC in an all-cash transaction valued at $5.4 billion, Mandiant and Google announced Tuesday. Google will pay $23 per share for Mandiant, and when the deal closes, Mandiant will join Google Cloud. The deal is expected to close later this […]
Leidos names new chief HR officer
Leidos has named Maureen Waterston as its new chief human resources officer, the Reston-based Fortune 500 federal contractor announced Tuesday. Waterston most recently served in the same position at Pratt & Whitney, a Connecticut-based subsidiary of Raytheon Technologies. At Leidos, Waterston will be responsible for implementing and enhancing human capital strategy for its 43,000-employee work[...]
Comscore CEO announces retirement
Reston-based media measurement and analytics company Comscore Inc. CEO and Executive Vice Chairman Bill Livek announced his retirement Monday. Livek will stay on until his successor is named and then transition to non-executive vice chairman, according to a news release from Comscore. He will keep his role on the board through mid-2024. Comscore’s board will […]
