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Alexandria software company buys Reston IT services firm
Alexandria-based software and IT company Gunnison Consulting Group Inc. announced Thursday it has acquired Reston-based IT services firm Global Solutions & Services Frameworks (G2SF). Transaction details were not disclosed. Gunnison provides software development, data analytics and cybersecurity services to federal government customers, while G2SF provides IT service management, mobility eng[...]
Judge cancels Fairfax County gun show due to COVID risk
A large gun show scheduled this weekend at the Dulles Expo Center that could have drawn an estimated crowd of 25,000 people will not take place, a Fairfax County circuit court judge ruled Thursday morning. The Nation’s Gun Show was scheduled for Nov. 20-22, and the gun show’s promoter, Showmasters Inc., along with a firearm […]
Audi of America names SVP, chief marketing officer
Herndon-based premium auto manufacturer Audi of America announced Wednesday it has promoted Tara Rush as senior vice president and chief marketing officer, effective Dec. 1. Rush currently serves as Audi of America’s chief communications officer. In her new role, she will oversee brand strategy and U.S. marketing efforts including advertising, retail marketing, consumer experience, brand [&h[...]
Online education provider K12 Inc. rolls out new brand name
Herndon-based online education provider K12 Inc. announced Wednesday plans to change its brand name to Stride Inc., effective Dec. 16. “A great education doesn’t stop at high school graduation,” Stride CEO and Chairman Nate Davis said in a statement. “The Stride brand recognizes that, as a company, we are no longer limited by the boundaries […]
Hilton to sell $1.9B in debt in private offering
As hotel industry revenues continue plummeting, McLean-based Hilton Worldwide Holdings Inc. announced this week it will sell $1.9 billion in debt in a private offering to institutional buyers. The hotelier will sell $800 million of senior notes (due in 2029) at a 3.75% interest rate and an additional $1.1 billion at a 4% rate. Those […]
Northrop Grumman completes design review for astronaut living quarters
Falls Church-based Fortune 100 defense contractor Northrop Grumman Corp. announced Wednesday it has completed the initial preliminary design review (PDR) for the Habitation and Logistics Outpost (HALO), which will serve as living quarters for astronauts at the Lunar Gateway mini space station during lunar exploration missions. The HALO design was inspired by Northrop Grumman’s Cygnus [&helli[...]
McLean health IT provider forms board of advisers
McLean-based health information technology provider CNSI announced Wednesday it has formed a board of advisers. “Their deep policy, technology, clinical, Medicaid, Medicare and commercial health knowledge and experience will be invaluable to CNSI’s future strategic growth,” CNSI CEO Todd Stottlemyer said in a statement. “They will also advise us on better ways to support our […]
Gannett announces $500M debt refinancing
McLean-based Gannett Co. Inc., the largest newspaper publisher in the U.S., announced Tuesday it has refinanced approximately $500 million in debt to more quickly repay on outstanding loans. Gannett announced in early April that it was negotiating with its vendors, creditors and pension regulators in order to preserve the company’s liquidity. It was noticeably not […]
McLean-based ID.me to add 1,000 workers in NoVa
McLean-based identity verification company ID.me announced Tuesday it plans to hire 1,000 new employees in Northern Virginia before the end of 2021. ID.me, which provides identity verification services used for military discounts and group buying services online, has hired more than 300 employees thus far this year, attributable to its “explosive growth.” “Since the onset […]
U.S. Customs and Border Protection awards SAIC $973M task order
U.S. Customs and Border Protection (CBP) awarded Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) a task order worth up to $973 million to work on the CBP’s system for identifying travelers and cargo that present potential security threats to the U.S., SAIC announced Tuesday. Under the task order, SAIC will work on […]
Initial jobless claims fell again last week
The number of initial jobless claims in Virginia dropped by 4.3% last week compared to the previous filing week, the Virginia Employment Commission reported Thursday, while continued claims fell by 7.8%. For the week ending Nov. 7, 9,909 Virginians filed initial claims for unemployment, a decrease of 441 from the previous week. Last week, 91,960 […]
Herndon defense contractor acquires cyberservices provider
Herndon-based ManTech International Corp. has completed its acquisition of Minerva Engineering, a provider of advanced cybersolutions. Headquartered in Hanover, Maryland, Minerva Engineering offers a range of advanced cyberservices that support the intelligence community (IC), including risk and vulnerability assessment, incident response and cyberintrusion detection, and wireless signal discovery[...]
