Leidos lands $89M Air Force task order
The U.S. Air Force awarded Reston-based Fortune 500 federal contractor Leidos Holdings Inc. a five-year, $89 million task order to support energetics research and development for the Office of the Secretary of Defense (OUSD) and the Combat Capability Development Command, Armament Center (CCDC-AC), the company announced Friday. Under the task order awarded by the U.S. […]
Trustar Bank names senior adviser
Great Falls-based Trustar Bank announced Tuesday it has hired Samuel A. Schreiber as senior adviser. Schreiber was most recently president of Chain Bridge Bank, but spent 25 years of his career with Wachovia as well as Wells Fargo after their 2008 merger. He was Washington, D.C., president and mid-Atlantic regional president with Wachovia and became […]
Booz Allen Foundation doles out $1M to 21 COVID-related projects
McLean-based global management consulting company Booz Allen Hamilton Inc. announced Thursday that its foundation has awarded $1 million through the Innovation Fund it launched in May that was open to nonprofits, small businesses and individuals who had ideas for projects that could help solve COVID-19-related social problems. The 21 winners received between $10,000 and $100,000 […]
Reston tech company names VP civilian programs
Reston-based tech and network security company Electrosoft announced Wednesday it has hired Teena Lavu as vice president of civilian programs. With more than 20 years of government contracting experience, Lavu was most recently the senior director of civilian services with NTT Data Services LLC. In her new role, she will oversee the customer delivery and […]
Northrop Grumman lands $298M Space Force contract
The U.S. Space Force (USSF) awarded Falls Church-based Fortune 500 defense contractor Northrop Grumman Corp. a $298 million contract to help the agency develop hardware and software for a new military satellite communications system, the Department of Defense announced Wednesday. Under the contract, Northrop Grumman will build a payload to support the Space and Missile […]
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 […]