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Perspecta names SVP, general manager for intelligence group
Chantilly-based federal contractor Perspecta Inc. announced Wednesday it has hired Damian DiPippa as senior vice president and general manager of its intelligence group. DiPippa was most recently with Herndon-based defense contractor ManTech International Corp. as senior vice president and general manager of its mission and intelligence solutions business unit. In his new role, he will [&helli[...]
Reston federal contractor acquires Md. IT company
Reston-based government contractor EverWatch (which operates under private investment firm Enlightenment Capital) announced Monday it has acquired Columbia, Maryland-based information technology contractor BrainTrust Holdings. A transaction amount was not disclosed, but this marks EverWatch’s seventh and largest acquisition, according to a statement from Chevy Chase, Maryland-based Enlight[...]
Autodesk buys Herndon software startup
San Rafael, California-based Fortune 1000 design and construction software company Autodesk Inc. announced Thursday it is acquiring Herndon-based construction project management software developer Pype. A transaction amount was not disclosed. This marks Autodesk’s ninth investment in a construction technology startup company, however. Since 2017, Autodesk has acquired Assemble, BuildingC[...]
Navy awards $87M contract to Herndon company
The U.S. Navy awarded an $87 million contract to Herndon-based defense contractor ManTech International Corp. to provide information technology research, development and engineering for the Naval Sea Systems Command, the company announced Thursday. ManTech was awarded the contract through the U.S. Department of Defense Information Analysis Center’s Multiple Award Contract, which are awarded [...]
Ariz. company acquires Oakton risk management firm
Oakton-based risk management firm TalaTek LLC announced Tuesday it has been acquired by Arizona-based cybersecurity company Cerberus Cyber Sentinel. A transaction amount was not disclosed. Talatek will remain based in Northern Virginia. Founded in 2006, Talatek provides risk management, security and compliance services that help companies to meet Health Insurance Portability and Accountability[...]
Calif.-based cybersecurity firm buys Herndon cloud security company
Sunnyvale, California-based publicly traded cybersecurity company Fortinet announced Tuesday it has acquired Herndon-based cloud security company OPAQ Networks. A transaction amount was not disclosed. OPAQ Networks is a venture-backed company that raised $22.5 million in Series B financing in 2018, led by Greenspring Associates. Columbia Capital and Harmony Partners also provided financing. Fort[...]
Ex-CommuniClique CEO sentenced for money laundering, fraud
The founder and former CEO of Reston-based CommuniClique on Wednesday was sentenced to more than 12 years in prison in an Alexandria federal court for money laundering and fraud that caused losses of $25 million to investors, according to the U.S. Attorney’s Office for the Eastern District of Virginia. “Andrew B. Powers stole $25 million […]
Montreal investment firm buys Herndon software company
Montreal-based software company investor Valsoft Corp. announced Thursday it will acquire Herndon-based AllTrust Networks, which provides check cashing software. A transaction amount was not disclosed. “We are proud of what we’ve accomplished and want to continue in that direction within Valsoft,” AllTrust CEO Karl Lewis said in a statement. “We have invested significantly in the[...]
K12 Inc. to hire 1,300 online educators during pandemic
Herndon-based online education provider K12 Inc. announced Wednesday it plans to hire more than 1,300 educators for the 2020 through 2021 school year, in light of a massive push to move education online during the pandemic. Across Virginia, schools have been making decisions regarding reopening in the fall, with some already opting for full online […]
Fairfax adds $20M to small business relief fund
The Fairfax County Board of Supervisors announced Wednesday it has directed an additional $20 million in funding to its Fairfax Relief Initiative to Support Employers (RISE) relief program — bringing its total funding to $46 million aimed at helping small businesses and nonprofits during the pandemic. The funding comes from the federal Coronavirus Aid, Relief […]
Perspecta Labs lands $37M defense contract
Chantilly-based federal contractor Perspecta Inc. announced Tuesday that its research arm, Perspecta Labs, has landed a $37 million contract to develop network hardware to speed up complex computing applications for the Defense Advanced Research Projects Agency (DARPA) Perspecta will work on DARPA’s Fast Network Interface Cards program with a goal to accelerate — by 100 […]
Private equity firm acquires Herndon tech company
Herndon-based tech company Exostar LLC announced Tuesday it has been acquired by Chicago-based private equity firm Thoma Bravo LLC. The acquisition was first announced in early June. The transaction amount was not disclosed. Exostar is a cloud-based platform that allows companies to securely share information and operate with security compliance. The platform is used by […]
