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Transurban names new Va. exec
Jennifer Aument, president of Transurban’s Falls Church-based North American operations, will leave to become chief executive of AECOM’s global transportation business. Aument will be succeeded by Pierce Coffee, who currently serves as Transurban’s vice president of customer experience and operations, according to an announcement Monday from the Australian company that operates t[...]
General Dynamics Information Technology lands $695M task order
Falls Church-based General Dynamics Information Technology Inc. (GDIT) announced Tuesday it has been awarded a $695 million U.S. Army Europe (USAREUR) Enterprise Mission Information Technology Services (EMITS) task order. Under the five-year task order, GDIT will deliver enterprise information technology, communications and mission command support services to USAREUR headquarters, the U.S. North A[...]
Neustar announces leadership appointments
Sterling-based identity management tech company Neustar on Jan. 15 announced five new appointments to its executive team. The appointments include: Michael Schoen, senior vice president of marketing solutions Bob McKay, senior vice president of risk solutions Jimmy Garvert, senior vice president of communications solutions Hyune Hand, senior vice president of customer success J. Martin, chief [&[...]
Herndon franchise software firm buys Canadian tech platform
Herndon-based franchise management software company FranConnect announced Tuesday it has acquired Quebec, Canada-based FranchiseBlast. Financial terms of the transaction were not disclosed. The FranConnect platform assists with sales, operations and marketing for more than 800 brands worldwide. FranchiseBlast is a developer of a software platform for the franchise industry which works to streaml[...]
Chantilly-based VTG acquires Fairfax’s Intelligent Shift
Chantilly-based engineering firm VTG announced Jan. 13 it has acquired Fairfax-based tech company Intelligent Shift. Financial terms of the transaction were not disclosed. VTG provides services for naval, aerospace and digital projects, while Intelligent Shift develops technology for U.S. intelligence organizations. The transaction will strengthen VTG’s systems, software and digital engineer[...]
Hilton to sell $1.5B in private debt offering
While the hospitality industry continues to struggle amid the pandemic, McLean-based Hilton Worldwide Holdings Inc. announced Tuesday it will sell $1.5 billion in debt in a private offering to institutional buyers. This mark’s Hilton’s second major debt offering within the past couple of months. In November 2020, Hilton announced its $1.9 billion debt offering, from […]
Southern National Bancorp names EVP, CFO
Southern National Bancorp of Virginia Inc. and its McLean-based Sonabank subsidiary announced Monday that it has hired Matthew A. Switzer as executive vice president and chief financial officer. He succeeds Jeff Karafa, who will now serve as chief accounting officer. Switzer most recently served as managing director with Stephens Inc. “His experience in our industry […]
Mass.-based software company acquires Reston care management platform
Burlington, Massachusetts-based HealthEdge Software Inc. announced in late December that it has acquired Reston-based Altruista Health Inc. Financial terms of the acquisition were not disclosed. Founded in 2007, Altruista provides its cloud-based enterprise care management platform, GuidingCare, to approximately health care clients representing more than 16 million members. The platform streamline[...]
Leidos completes $215M acquisition of 1901 Group
Reston-based Fortune 500 government contractor Leidos Holdings Inc. announced Thursday it has completed its $215 million cash acquisition of Reston-based information technology services company 1901 Group. The transaction was first announced on Dec. 10, 2020. “The addition of 1901 Group allows us to work together and leverage their impressive capabilities across the enterprise,” Leidos Chairma[...]
Va. sees highest number of initial jobless claims since July 2020
Last week, more than 28,000 Virginians filed initial unemployment claims — a 44.5% jump from the previous week. This is the greatest number of initial claims reported since July 2020. During the week ending Jan. 9, 28,227 Virginians filed initial claims, which was an increase of 8,697 from the previous week. This could in part […]
Northrop Grumman wins $325M Air Force contract
The U.S. Air Force awarded Falls Church-based Northrop Grumman Corp. a $325 million contract to support the Joint Surveillance Target Attack Radar System (Joint STARS). The contract goes toward work on the Total System Support Responsibility (TSSR) program, which will provide program management, engineering technical support, aircrew and maintenance training, supply chain and spares management, [&[...]
Colo.-based company acquires Herndon contractor for $112M
Colorado Springs, Colorado-based tech contractor Vectrus announced Dec. 28, 2020, that it would acquire Herndon-based Zenetex — a transaction valued at $112 million. Vectrus provides operations, logistics and IT services to the U.S. government, and Zenetex provides services to defense and national security clients. The acquisition will expand Vectrus’ client base and adds more than [&hel[...]
