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Serco. Inc. to acquire Reston contractor for $295M
Herndon-based tech company Serco Inc. (a subsidiary of United Kingdom-based Serco Group plc) announced Tuesday it will acquire Reston-based H.I.G. Capital affiliate Whitney, Bradley & Brown for $295 million. The acquisition, which is expected to close during the second quarter of 2021,will increase Serco’s program management services for the Department of Defense, according to a [&hellip[...]
Perspecta CEO Mac Curtis retiring; Peraton CEO Stu Shea taking reins
Mac Curtis, the president, chairman and CEO of Chantilly-based federal IT contractor Perspecta Inc., plans to retire this year and will be replaced by the head of Peraton Inc., the Herndon-based national security contractor that is acquiring Perspecta, according to documents filed with the U.S. Securities and Exchange Commission. In an undated letter to employees, […]
Leidos CEO elected to engineering academy
Reston-based Leidos Holdings Inc. announced Friday that Roger A. Krone, its chairman and CEO, has been elected to the National Academy of Engineering, one of the highest professional distinctions in the field of engineering. Krone was elected to the academy for his technical leadership in industry engineering and advances in aerospace and information technology programs. […]
Leidos lands $162M FTC contract
The Federal Trade Commission (FTC) awarded Reston-based Fortune 500 government contractor Leidos Holdings Inc. a $162 million contract to work on the commission’s Sentinel Network Services (SNS) program. Under the contract, Leidos will work on gathering complaints and providing information for consumers while offering protection services. The work is being done for the commission’s Bur[...]
Perspecta wins $201.5M defense contract
The Defense Information Systems Agency awarded Chantilly-based federal contractor Perspecta Inc. a $201.5 million contract to provide content delivery services, the Department of Defense announced Tuesday. Under the contract, Perspecta will perform work at government data centers both in the United States and worldwide. The Defense Information Technology Contracting Organization received four of[...]
Stride selects 47 recipients for new scholarship program
Herndon-based online education provider Stride Inc. (formerly K12 Inc.) announced last week it has selected 47 recipients for the first round of its $10 million investment to provide education options for underserved Black students. The funding was disbursed through Stride’s We Stand Together Scholarships program, which was first announced in September 2020. The first cohort […]
SAIC wins $830M Army contract
The U.S. Army awarded Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) an $830 million contract to provide engineering services for the branch’s Combat Capabilities Development Command, Aviation & Missile Center (DEVCOM AvMC), the company announced Tuesday. Under the potential five-and-a-half-year contract, SAIC will provide hardware in-the-loop[...]
Appian names chief marketing officer
Tysons-based cloud computing company Appian Corp. announced last week it has hired Denise Vu Broady as its chief marketing officer. With more than 24 years of technology experience, Broady most recently served as the global chief operating officer for SAP. In her new role, she will oversee Appian’s global marketing and communications efforts. “Denise Broady […]
MicroStrategy stock jumps 29% after Tesla bitcoin purchase
Following Tesla’s announcement that it had purchased $1.5 billion in bitcoin, Tysons-based business software company MicroStrategy Inc. — which has converted hundreds of millions in holdings to bitcoin now worth more than $3 billion — saw its stock price jump by 29% on Monday. By Monday at 4 p.m., the Nasdaq reported that MicroStrategy’s stock […]
Calif.-based contractor buys Herndon spacecraft developer
San Diego-based energy and defense contractor General Atomics announced last week it has acquired Herndon-based spacecraft and space system developer Tiger Innovations Inc. Financial terms of the transaction were not disclosed, but Tiger Innovations will become part of General Atomics’ electromagnetic systems (GA-EMS) group. Founded in 1997, Tiger Innovations develops specialty software,[...]
Booz Allen names national security biz senior VP
McLean-based Fortune 500 global management consulting company Booz Allen Hamilton Inc. announced Friday it has hired Maisha Glover as a senior vice president and market strategy leader in the firm’s national security business. With more than 25 years of experience, Glover most recently served as a senior client development adviser in the public sector practice […]
10 Va. companies make world’s most admired list
Of 332 companies ranked by Fortune magazine as the “World’s Most Admired Companies,” 10 Virginia companies made the list, according to rankings released Friday. The list is compiled from the Fortune 500 and Fortune Global 500 lists, which rank companies based on revenue. The World’s Most Admired Companies list ranks companies based on corporate reputation. […]
