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Northrop Grumman receives $959M defense contract
Falls Church-based aerospace and defense contractor Northrop Grumman Corp. was awarded a $959.1 million contract Friday from the U.S. Army for production of infrared countermeasures, which protect aircraft from heat-seeking missiles. The work is to be completed by April 29, 2026. The contract comes on the heels of a $2.3 billion defense contract Northrop Grumman […]
Noblis acquires McKean Defense
Reston-based not-for-profit federal contractor Noblis announced Monday that it has acquired Philadelphia-based McKean Defense and its affiliates, Mikros Systems and Cabrillo Technologies. The amount of the acquisition was not disclosed. Formerly an employee-owned defense contractor specializing in surface ship readiness for the U.S. Navy, McKean Defense is now a wholly owned subsidiary of Noblis. [...]
Two Virginia companies make 2021 LinkedIn Top Companies list
Virginia-based Fortune 500 companies Northrop Grumman Corp. and Capital One Financial Corp. are among the 50 best workplaces to grow your career, according to LinkedIn’s Top Companies List, released this week. Falls Church-based Northrop Grumman, which ranks No. 32 on the LinkedIn Top Companies list, was cited for a variety of mentorship programs for women. […]
Fairfax County tech company adding 162 jobs
A fast-growing technology solutions company will invest $1.75 million to expand in Fairfax County, creating 162 jobs, Virginia Gov. Ralph Northam announced today. The company, Ridgeline International Inc., offers technology solutions for the federal government, commercial and nonprofit sectors. It said the expansion aims to increase its ability to provide security solutions. Founded in 2015, [&hel[...]
VW named to Time magazine’s 100 Most Influential Companies list
Volkswagen Group, with its North American operations based in Herndon, was named this week to Time magazine’s inaugural 100 Most Influential Companies list, receiving accolades for its move into electric automobiles. The German automotive corporation has set aside $54 billion for electrified vehicles over the next five years, with plans for six new battery factories and […]
SAIC plans to purchase Seattle AI company
Reston-based Fortune 500 government and defense contractor Science Applications International Corp. (SAIC) plans to acquire Koverse, a Seattle data management company focused on artificial intelligence, SAIC announced Monday. The companies have entered into a definitive agreement, and financial terms of the deal were not disclosed. Founded in 2012, Koverse develops AI tools for federal and [&helli[...]
Chantilly-based VTG awarded $116M defense contract
Chantilly-based engineering firm VTG announced Tuesday that it has been awarded a $116 million, five-year contract from the Naval Information Warfare Center Pacific (NIWC-PAC) to provide C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) engineering and production services to the center’s Network Integration Engineering Facility (NIEF). The NIW[...]
Maximus acquires Houston veterans services company for $1.4B
Reston-based government services company Maximus announced Wednesday that it will purchase the parent company of Veterans Evaluation Services Inc. (VES) for $1.4 billion. Based in Houston, VES is a privately held company that serves the federal government, including the U.S. Department of Veterans Affairs, as a provider of medical disability examinations to determine veterans’ eligibility [&[...]
Leidos awarded $480M contract from U.S. Customs and Border Protection
Reston-based Fortune 500 company Leidos Holdings Inc. announced Tuesday it has been awarded a $480 million contract by U.S. Customs and Border Protection (CBP) to provide multi-energy portal (MEP) systems for nonintrusive inspections of commercial vehicles at land and sea ports of entry. The award for the science and technology company includes a base period […]
Northrop Grumman lands $2.3B ICBM contract
Falls Church-based Northrop Grumman Corp. has been awarded a U.S. Department of Defense (DOD) contract for up to $2.3 billion to support propulsion subsystems for intercontinental ballistic missiles (ICBM), DOD announced on Tuesday. The 18.5-year contract provides assistance to the government in maintaining the Minuteman III weapon system. The work will be performed primarily in […]
Parsons Corp. names new CEO
Centreville-based defense contractor Parsons Corp. announced Tuesday that CEO Charles “Chuck” Harrington is retiring after nearly 40 years and will be replaced by President and Chief Operating Officer Carey Smith effective July 1. A member of Parsons’ board, Smith joined Parsons in 2016 as president of its federal solutions business and became COO in 2018, […]
Gainwell Technologies acquires health care tech company for $3.4B
Reston-based Gainwell Technologies, a six-month-old spinoff company of DXC Technology, has completed its approximately $3.4 billion acquisition of HMS Holdings, a Texas-based health care technology company, Gainwell announced April 1. The all-cash deal, announced in December 2020, was made for $37 per share. Gainwell, which has more than 7,500 employees, was created in October as […]
