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Reston cybersecurity firm names CFO
Reston-based LookingGlass Cyber Solutions Inc. announced last week it has hired Dana Mariano as its chief financial officer. With more than 20 years of cybersecurity experience, Mariano has overseen acquisitions of three early-stage tech companies to public entities, including Invincea to Sophos; NetWitness to RSA Security; and CareFusion to CardinalHealth. “As we prepare for LookingGlass’[...]
McLean satellite operator eyes Chapter 11 emergence
McLean-based satellite operator Intelsat Corp. announced Friday it has the support of creditors to financially restructure under Chapter 11 bankruptcy, which would decrease the company’s debt from nearly $15 billion to $7 billion. “Today’s filings and the significant consensus already achieved on the plan pave the way for the company’s emergence from the Chapter 11 […]
Fairfax and Prince William federal contractors launch joint venture
Herndon-based systems integration company Tyto Athene LLC and Veterans First Initiative (VFI) LLC of Prince William County have launched a joint venture: Haymarket-based Optima Government Solutions LLC. Optima will provide IT services including engineering and systems integration to the U.S. federal government and U.S. Department of Defense. The joint venture is a service-disabled veteran-owned[...]
General Dynamics wins $111.8M Army contract
The U.S. Army awarded the ordnance and tactical systems unit of Reston-based Fortune 100 defense contractor General Dynamics Corp. a $111.8 million contract to provide bomb hardware to the branch, the Department of Defense announced Friday. Under the contract, General Dynamics will provide general-purpose tritonal bomb hardware, also known as Mk-90 series bomb components. General […]
Northrop Grumman wins $236.9M contract modification
The U.S. Navy awarded Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. a $236.9 million contract modification to manufacture radar systems for the U.S. Marine Corps, the Department of Defense announced Friday. Under the modification, Northrop Grumman will manufacture eight gallium nitride (GaN) active electronically scanned array radar systems. Used on Ground/[...]
Va. joint venture lands $1B Dept. of Energy contract
The Office of Environmental Management (EM) awarded Herndon-based joint venture SRS Critical Infrastructure Security LLC (SCIS) a 10-year, potential $1 billion contract to provide security services, the Department of Energy announced Friday. The goal of the contract is to provide security for special nuclear materials under the Safeguards and Security (S&S) program. SCIS includes Securitas [&h[...]
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 […]
