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McLean-based NuWave merges with Md. firm to form AI company
McLean-based federal technology contractor NuWave Solutions LLC and Columbia, Maryland-based PCI Strategic Management announced Tuesday the companies have merged to form BigBear.ai. NuWave CEO Reggie Brothers will become CEO of BigBear.ai and Sean Battle, former co-founder and CEO of PCI, will serve as vice chairman and chief strategy officer. Financial terms of the merger were […]
Information systems developer to add 296 jobs in Fairfax County
Information systems developer Kreative Technologies LLC will invest $1.5 million to quadruple its current Fairfax County workforce, adding 296 jobs, Gov. Ralph Northam announced Tuesday. The company currently employs 67 people at its 4114 Legato Road location in Fairfax County. Kreative Technologies provides information systems design, development, integration and sustainment for the federal healt[...]
McLean tech contractor acquires Fairfax firm
McLean-based tech contractor IntelliBridge Inc. announced Monday it has acquired Fairfax-based tech company Alethix LLC. Financial terms of the transaction were not disclosed, but the acquisition will add DevSecOps and cloud services to IntelliBridge (which is backed by Enlightenment Capital), and also expand its clientele to include homeland security, federal-civilian and defense agencies. Founde[...]
DXC Technology says ‘non, merci’ to French company’s purchase bid
Three weeks after receiving an unsolicited and nonbinding offer to purchase all of its shares, Tysons-based Fortune 500 IT services company DXC Technology’s board has turned down the proposal from Paris-based IT company Atos SE, DXC announced Monday. According to DXC’s statement Monday night, its board determined Atos’ offer was too low and lacked certainty, […]
Dovel Technologies executive chairman to retire
McLean-based federal contractor Dovel Technologies announced Monday that Paul Leslie will retire as executive chairman and Sudhakar Kesavan will join the company as chairman of the board in March. Leslie served as Dovel’s CEO for more than eight years, during which the company focused on the federal health and civilian markets. During his tenure, Leslie […]
Gannett to refinance $1.05B in debt
McLean-based Gannett Co. Inc., the largest newspaper publisher in the U.S., announced Monday it will refinance $1.05 billion in debt to lower its interest rates and extend maturity on outstanding debt. Gannett, which has struggled financially during the pandemic, in November 2020 announced it had refinanced approximately $500 million in debt to more quickly repay […]
Peraton closes on $3.4B cash purchase of Northrop Grumman biz
Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. announced Monday the closure of the sale of its federal IT and mission support services business for $3.4 billion in cash to Herndon-based national security contractor Peraton, a Veritas Capital affiliate. According to the December 2020 announcement about the sale, proceeds are expected to […]
Reston tech company names chief growth officer
Reston-based tech company TekSynap announced last week it has hired Pete Brady as chief growth officer. With more than 35 years of experience in military operations, growth, business development and technology, he was most recently the chief growth officer with BlueWater Federal, which was acquired by Tetra Tech. Brady served in the U.S. Army as […]
Tegna acquires podcast company
Tysons-based broadcast and digital media company Tegna Inc. announced Thursday it has acquired Locked On Podcast Network, which covers local sports and the four major professional sports leagues. Financial terms of the transaction were not disclosed, but the acquisition will expand Tegna’s podcast market presence. Locked On produces daily shows for the NBA, NFL, MLB […]
McLean analytics company names emerging technologies VP
McLean-based advanced analytics company Novetta announced Thursday that it has hired Todd Massengill as vice president of emerging technologies in the company’s information exploitation division. Massengill, a combat veteran with 28 years of military experience, most recently served as the senior military assistant to the Under Secretary of Defense for Intelligence & Security, where he [[...]
Stride, formerly K12, names new CEO
Herndon-based online education provider Stride Inc., formerly K12 Inc., announced Tuesday that Nathaniel A. “Nate” Davis is retiring from his role as CEO and will be succeeded by James J. Rhyu. Davis joined the K12 board of directors in 2009 and was named chairman in 2012 and CEO in February 2018. He will remain with […]
Three NoVa companies land $87M CDC contract
The Centers for Disease Control and Prevention (CDC) awarded Sterling-based contractor AlphaSix Corp. an $87 million contract to help the National Institute for Occupational Safety and Health (NIOSH) build a knowledge base, the company announced Tuesday. McLean-based Attain LLC and Arlington-based CACI International Inc. will serve as subcontractors on the award. The companies will work […]
