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Tysons software company converts $425M cash holdings to bitcoin
The CEO of Tysons-based business software company MicroStrategy Inc., Michael Saylor announced Tuesday that the company has now purchased $425 million worth of bitcoin. In August, the company had announced that it had converted $250 million from its cash holdings into more than 21,000 bitcoins, making it one of the first public companies to use […]
DXC Technology taps CEO for spinoff health and human services business
Tysons-based Fortune 500 company DXC Technology announced Wednesday it has promoted Chief Financial Officer Paul Saleh to the new position of CEO of the company’s U.S. State and Local Health and Human Services business, which will be effective upon closing of the sale of the business unit to private equity firm Veritas Capital. DXC Technology […]
Va. ID management, tech company names president, CEO
French ID management and tech company IDEMIA, which has U.S. headquarters in Reston, announced Tuesday it has named Andrew Boyd as president and CEO of IDEMIA National Security Solutions (NSS), located in Alexandria. Boyd was most recently the senior vice president of defense and intelligence at Reston-based Science Applications International Corp. (SAIC). In his new […]
Tysons contactless delivery tech company buys Ind.-based firm
Tysons-based startup HomeValet, which develops technology for contactless deliveries, announced Wednesday it has acquired Evansville, Indiana-based Evolve Engineering LLC, which focuses on appliance engineering. Terms of the transaction were not disclosed. “Envolve Engineering’s team has had a hand in developing home appliance products for some of the largest refrigeration brands in th[...]
Perspecta lands $98.4M Education Dept. contract
The U.S. Department of Education awarded Chantilly-based federal contractor Perspecta Inc. a three-year, $98.4 million contract to help the agency manage inquiries about federal scholarships and other forms of academic financial assistance though an omni-channel contact center. Perspecta will support the Office of Federal Student Aid (FSA) by operating the Federal Student Aid Information Center [&[...]
Reston federal contractor wins $89M Army contract
Reston-based federal contractor NCI Information Systems Inc. announced Tuesday it has won a two-year, $89 million contract from the U.S. Army Intelligence and Security Command (INSCOM) to provide IT services for its new Secure Admin Operating Facility (SAOF) at Fort Belvoir. Under the contract, NCI will provide full IT and audiovisual engineering services to enhance […]
SAIC lands $78M Navy task order
The U.S. Navy has awarded Reston-based Fortune 500 federal contractor Science Applications International Corp. (SAIC) a $78 million task order to provide support services for mobility platform integration at the Expeditionary Department at the Naval Surface Warfare Center (NSWC) in Crane, Indiana, the company announced Tuesday. Under the task order, SAIC will assist NSWC Crane […]
Chantilly contractor names VP quality assurance, continuous improvement
Chantilly-based engineering and tech contractor American Systems Corp. announced Monday it has promoted Sheri Murphy to the newly created position of vice president of quality assurance and continuous improvement. Murphy joined the company in 1996 and was most recently the director of IT governance, risk and compliance. In her new role, she will advise company […]
Tegna raises $550M in debt financing
Tysons-based broadcast and digital media company Tegna Inc. announced Thursday it has raised $550 million in debt financing, which will go to pay outstanding debt. “With this successful offering, Tegna has reduced our overall average borrowing costs and locked in a lower fixed interest rate as we did earlier this year, further strengthening our balance […]
Tegna names its first chief diversity officer
Tysons-based broadcast and digital media company Tegna Inc. announced Thursday it has promoted Grady Tripp to become the company’s first chief diversity officer. Tripp has been with the company since 2017 on the talent acquisition team. In his new role, he will report directly to Tegna President and CEO Dave Lougee and partner with other […]
Reston contractor buys Md.-based software, systems engineering company
Reston-based government contractor Acclaim Technical Services Inc. announced Sept. 1 it has acquired Rockville, Maryland-based software and systems engineering company Global Consulting Services Inc. Terms of the transaction were not disclosed. Founded in 2015, Global Consulting Services’ 30 employees support multiple contracts working on development, engineering and testing of mission cri[...]
Reston tech company names executive VP, CRO
Reston-based tech company Internap Holding LLC (INAP) announced Wednesday it has hired Joe Corvaia as executive vice president and chief revenue officer. With more than 24 years of experience, Corvaia most recently worked for Oracle Corp. as the group vice president for its cloud independent software vendor (ISV) ecosystem. In his new role at INAP, […]
