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NoVa housing forecast: Still tight for single-family homebuyers
In the Northern Virginia Association of Realtors’ mid-year forecast released Friday, a panel of real estate experts predict a continued tight market for single-family homes and higher residential prices in the second half of the year, but the market appears to be normalizing from last year’s heights. “This year, the mid-year update is particularly relevant […]
Metro unveils major Falls Church redevelopment agreement
The Washington Metropolitan Area Transit Authority has signed an agreement to redevelop the West Falls Church Metro Station site as a more than 1 million-square-foot mixed-use development. Construction is expected to begin in 2023. The agreement was reached with FGCP-Metro LLC, a joint real estate development partnership involving Bethesda, Maryland-based EYA LLC, Washington, D.C.-based Hoffman [&[...]
Reston consulting firm acquires Stafford technical solutions company
Reston-based consulting firm Counter Threat Solutions LLC has acquired Stafford-based Quantitative Analytics LLC, completing its second acquisition, CTS announced Thursday. Financial details of the transaction were not disclosed. CTS is a consulting company that provides subject matter experts to the intelligence and defense communities. Both are service-disabled veteran-owned small businesses. Fo[...]
Reston-based Comscore expands Fox Corp. partnership
Reston-based media measurement and analytics company Comscore Inc. has made a multi-year agreement expanding and extending its relationship with Fox Corp., including using Comscore’s national TV measurement, it announced Friday. Financial details of the agreement were not disclosed. “It is a privilege to continue our longstanding relationship with Fox and have their vote of confidence [&he[...]
Peraton wins nearly $1B DOD contract
Herndon-based Peraton Inc., a national security contractor, won a nearly $1 billion task order to provide the U.S. Department of Defense’s U.S. Central Command (USCENTCOM) and its mission partners with operational planning, implementation and assessment services (OPIAS). USCENTCOM directs military operations with allies in the Middle East. The task order is worth up to $979 […]
McLean-based Appian acquires Germany’s Lana Labs
McLean-based cloud computing company Appian Corp. has acquired Germany’s Lana Labs, developer of the artificial intelligence-driven LANA process mining platform, the company announced on Aug. 5. Financial terms of the deal were not disclosed. With the addition of Lana’s native process mining capabilities, Appian will be able to expand its low-code automation suite, which allows [&helli[...]
McLean-based IntelliBridge LLC acquires Arlington’s U. Group
McLean-based tech contractor IntelliBridge LLC has acquired Arlington-based technology solutions firm U.Group, the company announced Tuesday. Financial details of the transaction were not disclosed. “U.Group’s team of creative and innovative technology experts solidifies our position in the digital solutions marketplace,” IntelliBridge President and CEO Cass Panciocco said in a state[...]
Leidos wins $600M contract to support Army Geospatial Center
Reston-based Fortune 500 government contractor Leidos Holdings Inc. won a U.S. Army contract worth an estimated $600 million if all options are exercised, the company announced Monday. Under the single-award contract, which has a one-year base with three one-year options, Leidos will support the Army Geospatial Center’s (AGC) Buckeye program, an airborne surveying system that […]
Clarabridge to be acquired by Utah firm in $1.13B deal
Reston-based software company Clarabridge Inc. is being acquired by Provo, Utah-based data analytics firm Qualtrics International Inc. in a nearly $1.13 billion all-stock deal, the companies announced Thursday. Clarabridge’s platform uses artificial intelligence to provide conversational analytics — it is able to analyze customer feedback from indirect sources like social media, emails, su[...]
Silver Line will miss Labor Day target
Problems plugging Silver Line Phase 2 into the rest of the Washington transit system are delaying the project’s transfer from the Metropolitan Washington Airports Authority to the Washington Metropolitan Area Transit Authority (WMATA). The transfer’s target date was Labor Day, but it‘s not clear how long the transfer will be delayed, according to Marcia McAllister, […]
Peraton lands $130M DOD contract
Herndon-based national security contractor Peraton Inc. has received a five-year contract worth up to $130 million to assist the Department of Defense with modernizing computer applications to determine benefits eligibility, it announced Thursday. Under the Entitlements and Benefits Application Modernization and Sustainment program, Peraton will help the Defense Manpower Data Center (DMDC) upgrade[...]
Noblis rebrands subsidiary to encompass defense portfolio
Reston-based Noblis is rebranding its McKean Defense Group subsidiary as Noblis MSD (mission solutions for defense), the not-for-profit federal contractor announced Wednesday. Noblis closed its acquisition of Philadelphia-based McKean Defense Group and its affiliates on April 30, creating a wholly owned subsidiary. Cabrillo Technologies will remain part of the subsidiary now called Noblis MSD, whi[...]
