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Noblis lands $263M Defense contract
Reston-based not-for-profit federal contractor Noblis has won a five-year, $263 million contract from the Department of Defense‘s Defense Threat Reduction Agency to implement the Cooperative Threat Reduction program, the company announced Tuesday. Under the contract, Noblis will deliver advisory services that will advance the CTR program’s mission to work cooperatively with partners an[...]
Parsons names new president of engineered systems business
Centreville-based defense contractor Parsons Corp. has promoted Jon Moretta as president of the engineered systems business unit, the company announced Monday. Moretta joined Parsons in 2016 and most recently served as the industrial market leader in the company’s critical infrastructure business segment. Under his leadership, Parsons’ industrial business managed the world’s larg[...]
Tegna confirms acquisition offers
Tysons-based broadcast and digital media corporation Tegna Inc. has received acquisition bids of more than $8 billion from Apollo Global Management Inc. and media mogul Byron Allen, according to media reports. The news comes more than a year after previous purchase proposals fell through in March 2020 amid the dawning of the coronavirus pandemic. Bloomberg […]
Criterion Systems acquires Protas Solutions
Vienna-based Criterion Systems Inc. has acquired Reston-based Protas Solutions Inc., a government contractor providing data science, software engineering and management consulting services to the intelligence community. Financial terms of the deal were not publicly disclosed. Protas will operate as a wholly-owned subsidiary of Criterion, a federal contractor specializing in cybersecurity and IT [...]
Ellucian acquisition deal closes
The acquisition of Reston-based higher education software company Ellucian by investment firms Blackstone and Vista Equity Partners has been completed, the companies announced Wednesday. Financial terms of the deal were not disclosed. New York-based Blackstone and Texas-based Vista Equity acquired Ellucian from Texas-based TPG Capital and Los Angeles-based Leonard Green & Partners. “Toda[...]
Finnish software company establishes North American HQ in Reston
Helsinki-based e-permit software company Cloudpermit has chosen Reston for its North American headquarters, it said Wednesday. Last spring, during Gov. Ralph Northam’s trade visit to Germany, the company decided to locate the office in Fairfax County, with the precise location announced this week. The company currently has fewer than 10 employees working out of its […]
Vienna-based Spire Global to buy Canadian company for $161.2M
Vienna-based space-focused data and analytics company Spire Global Inc. has entered into a $161.2 million deal to purchase exactEarth Ltd., a Canadian maritime data provider, the two companies announced Tuesday. Spire, which is set to close on the cash and stock purchase late this year or in early 2022, will operate Ontario-based exactEarth as a […]
Herndon’s BlackSky goes public after closing SPAC deal
Herndon- and Seattle-based geospatial intelligence and global monitoring company BlackSky Technology Inc. debuted on the New York Stock Exchange Friday after closing a SPAC merger originally announced in February. As of 4:09 p.m. Friday, BlackSky shares were trading at $10.98. Prior to Thursday’s merger with Philadelphia-based special purpose acquisition company Osprey Technology Acquisition[...]
Tysons-based Neosystems to be acquired by High Street Capital
Tysons-based Neosystems is being acquired by High Street Capital, a Chicago-based private equity firm, the company announced Wednesday. Neosystems is an IT systems integrator and managed services provider to government contractors. Financial terms of the deal were not disclosed. The current management team of Neosystems, including CEO and co-founder Michael Tinsley and co-founder and Chief [&helli[...]
Citizant promotes senior VP to COO
David Romola has been promoted to chief operating officer of Chantilly-based government IT contractor Citizant Inc. the company announced Wednesday. Romola has served as Citizant’s senior vice president of operations since 2019. In his new role, he will oversee all customer delivery activities and spearhead the company’s focus on organic growth in targeted accounts. Before […]
Guidehouse to acquire McLean tech company
Tysons-based consulting company Guidehouse announced Wednesday it has entered into a definitive agreement to acquire McLean-based company Dovel Technologies Inc. The sale is expected to close in the fourth quarter of this year. “The acquisition of Dovel is a strategic step in our journey to create the next generation global consultancy, bringing together best-in-class portfolios, […]
Vienna defense contractor wins $600M DISA contract
Vienna-based defense contractor Trace Systems Inc. won a contract worth up to $600 million from the Defense Information Systems Agency to support U.S. Air Forces Central Command (USAFCENT), the Department of Defense announced Friday. Under the single-award, indefinite-delivery, indefinite-quantity contract, Trace will acquire, integrate, install, operate and maintain communications systems to supp[...]
