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SAIC set to acquire Unisys Federal for $1.2B
Science Applications International Corp. (SAIC) will acquire Unisys Federal for $1.2 billion, SAIC announced Thursday. Both companies are Reston-based, publicly traded federal contractors specializing in IT services. The transaction was approved by SAIC’s board of directors and the transaction is expected to close by May 1. Unisys Federal is an operating unit of Blue Bell, […]
Vienna e-commerce delivery company names CEO
Vienna-based e-commerce delivery company LaserShip has appointed Brett Bissell as its CEO, succeeding company co-founder Blake Averill, the company announced Wednesday. Bissell will be based in LaserShip’s Vienna headquarters and Averill will continue to serve on the company’s board of directors. He most recently comes from international supply chain company CEVA Logistics, where he wa[...]
MITRE names VP of joint and cross-cutting capabilities
The Mitre Corp. has promoted Eliahu H. Niewood to vice president of joint and cross-cutting capabilities, the McLean-based nonprofit research and development organization announced Tuesday. Niewood has been with MITRE since 2017 and has focused on developing command and control technology for the Department of Defense. He has served as technical director for DoD and […]
Leidos to acquire L3Harris Technologies’ security detection, automation biz for $1B
Reston-based government contractor Leidos will acquire L3Harris Technologies’ Security Detection and Automation businesses for $1 billion in cash in a deal that is expected to close in the second quarter of 2020, the company announced Tuesday. The boards of directors for both companies unanimously approved the transaction. Headquartered in Tewksbury, Massachusetts, and Luton, England, the [&[...]
Leidos completes $1.65B Dynetics acquisition
Reston-based defense contractor Leidos completed its acquisition of Huntsville, Alabama-based national security services provider Dynetics Inc. for $1.65 billion in cash, Leidos announced Monday. The transaction was first announced in December 2019. For the fiscal year that ended Dec. 28, 2018, Leidos reported that its annual revenues were approximately $10.19 billion. The company was founded [&[...]
Artificial intelligence firm opens U.S. headquarters in McLean
Belgium-based artificial intelligence platform developer and educator Omina Technologies has opened its new U.S. headquarters in McLean. Financial terms of the headquarters have not been released. Founded in 2016, Omina currently has an office in Miami. North America CEO Brian Alexander said in a statement that the company decided to locate its North America headquarters […]
Cybersecurity firm Expel adding 164 jobs in Fairfax
Expel Inc., a managed cybersecurity provider, is investing $1.4 million to expand its Herndon headquarters, creating 164 jobs in engineering, customer experience, IT, marketing and sales during the next three years. “Virginia has emerged as a national leader in cybersecurity and continues to be at the forefront of workforce development in this rapidly evolving industry, […]
Herndon-based K12 acquires Denver tech school for $165M
Herndon-based online education provider K12 Inc. will acquire Denver-based data and technology school Galvanize Inc. in a $165 million all-cash transaction, the company announced Monday. The deal was approved by both companies’ boards of directors and is expected to close on Monday. The acquisition includes Galvanize’s management team, campuses and software engineering and data science[...]
Reston Business Campus sells for $13M
The four-building Reston Business Campus on Pinecrest Drive in Reston has sold for $13 million, according to the seller, Bethesda, Maryland-based commercial real estate firm Finmarc Management Inc. The campus was purchased by 10th Street LLC and totals approximately 83,000 square feet. The four buildings were part of a larger 26-building portfolio of 950,000 square […]
Dulles-based ERP platform developer Unanet adds six new executives
Dulles-based enterprise resource planning (ERP) platform developer Unanet has hired six executives, the company announced Friday. Assad Jarrahian was appointed as chief product officer. Most recently, Jarrahian was the senior vice president of product at Toronto, Ontario, Canada-based Intelex Technologies ULC. He has also worked for companies including Pearson, Digidata, Oracle and EMS Software. H[...]
Booz Allen Hamilton promotes Judi Dotson to executive VP
McLean-based management consulting firm Booz Allen Hamilton is promoting Judi Dotson to executive vice president effective April 1, the company announced Jan. 17. Dotson has been with Booz Allen Hamilton for 31 years and currently leads the firm’s Joint Combatant Command account, which works for U.S. Department of Defense clients such as the Defense Advanced […]
Breakout Capital promotes McLean Wilson to CEO and president
McLean-based financial services company Breakout Capital LLC has promoted McLean Wilson from chief credit officer to chief executive officer and president, the company announced Jan. 14. Wilson joined Breakout — which provides capital loans and underwriting to small businesses —in 2016 as the company’s first lender. In his new role, he will continue to oversee […]
