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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 […]
Signs of promise
A second year of COVID came and went, but 2021 proved more fruitful and less uncertain for businesses in Northern Virginia, where vaccination rates were the highest in the commonwealth. Work on Amazon.com Inc.’s $2.5 billion-plus HQ2 East Coast headquarters in Arlington County is forging ahead, and economic development officials say they continue to see […]
A hybrid solution
Guidehouse’s leadership had in mind many of the perks that some employees now demand when the global management consulting firm began its search for a new headquarters in 2019. Those included more flexible spaces, access to the outdoors, and technologies to support remote work and meetings. The firm also was growing. With a substantial workforce […]
Amentum seals deal on $1.9B PAE acquisition
The $1.9 billion, all-cash acquisition of Falls Church-based government contractor PAE Inc. (Pacific Architects and Engineers) by an affiliate of Germantown, Maryland-based aerospace defense contractor Amentum Services Inc. has closed, the two companies have announced. The deal, which closed Feb. 15, was first announced in October 2021 and PAE’s stockholders voted to approve the deal [&hel[...]
Tegna to sell for $5.4B to hedge fund
Tysons-based broadcast and digital media giant Tegna Inc. will be acquired in a $5.4 billion cash deal by an affiliate of Standard General, the company announced Tuesday morning. New York hedge fund Standard General, one of Tegna’s largest shareholders, and New York-based private equity firm Apollo Global Management will buy Tegna for $24 per share […]
Peraton lands $2.69B Homeland Security contract
Federal contractor Peraton Inc.’s subsidiary, Perspecta Engineering Inc., landed a potential 10-year, almost $2.69 billion contract to assist the U.S. Department of Homeland Security, the company announced Wednesday. Under the indefinite quantity, indefinite quantity contract, Peraton will assist with Data Center and Cloud Optimization Support Services, providing information technology and o[...]
Reston HR firm acquired by New York insurance broker
New York-based insurance broker and consultant NFP Corp. announced Thursday it had acquired Reston-based Helios HR LLC. Financial terms of the transaction, which closed in January, were not disclosed. “I’m excited to welcome the Helios HR team to NFP,” Ethan Foxman, NFP’s Atlantic region president, said in a statement. “We’re adding depth to our capabilities, […]
GMU establishes health workforce center
George Mason University has established the Mason Center for the Health Workforce, the university announced Monday. The new center, directed by PJ Maddox and Caroline Sutter, will address the shortage and immediate need for health care workers in Virginia. It will serve as a technical assistance center for health workforce research, program evaluation, planning and […]
