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CACI strikes $1.27B deal to buy RF electronics provider
CACI International has entered into a $1.275 billion definitive agreement to acquire Azure Summit Technology, the Reston-based Fortune 1000 government contractor announced Monday. Based in Fairfax and founded in 2007, Azure Summit develops high-performance radio frequency (RF) hardware and software for the U.S. Department of Defense. Pending regulatory approval, the all-cash deal is expected to [...]
Peterson Cos. names president
Daniel McCahan, most recently chief operating officer of Madison Marquette, will become president of Fairfax-based real estate developer Peterson Cos. on Sept. 9. McCahan worked at Washington, D.C.-based real estate investment firm Madison Marquette for 13 years, first joining as a senior vice president. “We are pleased to welcome Daniel McCahan as president of Peterson […]
Watch this space
To understand office vacancy rates in Northern Virginia, Art Greenberg, the Washington, D.C.-based vice chairman for tenant advisory firm Savills Inc., employs the turkey sandwich test. In short, he explains, today’s workers want an office building where they can walk a block or two and find a half-dozen places to get a turkey sandwich for […]
CGI Federal to acquire Vienna government contractor
CGI Federal, the U.S. arm of Montreal-based IT and professional services consultancy CGI, announced this week it plans to acquire Aeyon, a Vienna-based federal IT consulting firm. The purchase, for which terms were not disclosed, is expected to close by the end of September. With 725 employees, Aeyon has been owned by Enlightenment Capital, a […]
George Mason receives $5M donation from Peterson Cos. family
The Peterson Family Foundation, the family behind the Peterson Cos. real estate development firm, donated $5 million to the George Mason University’s Center for the Arts improvement project, the university announced Tuesday. The gift to the university’s College of Visual and Performing Arts will support modernization of the Concert Hall auditorium, part of George Mason’s Center [...]
Trident Systems to add 50 jobs in Fairfax
Fairfax-based aerospace defense contractor Trident Systems plans to invest $3.7 million in an expansion of its Fairfax County operation, creating about 50 jobs, Gov. Glenn Youngkin announced Tuesday. Trident Systems, which was acquired by Chantilly-based LightRidge Solutions in July 2023, produces space electronic systems for the Department of Defense, NASA and the intelligence community. The [&he[...]
Fairfax AI firm acquired by Texas-based tech company
Fairfax-based ARInspect, a firm specializing in artificial intelligence products for public sector field operations, has been acquired by Texas software company Tyler Technologies, the companies announced Tuesday. Tyler declined to disclose the price and terms of the deal. Tyler will add ARInspect’s AI-powered platform to its portfolio and use the Fairfax company’s technology across it[...]
Hospitality | Tourism 2023: MICHAEL GEORGE
A 40-year hospitality industry veteran, George founded Crescent Hotels & Resorts in 2001. The company operates more than 90 hotels and resorts and more than 250 restaurants and bars in the U.S and Canada. Its hotel portfolio includes Marriott, Hilton and Hyatt brands, along with a collection of independent hotels and resorts. This spring, Crescent […]
Law 2023: CHIDI I. JAMES
A partner with Blankingship & Keith, James is a personal injury attorney who handles wrongful death, products liability and inadequate security cases. He began his one-year term as Virginia State Bar president in June. Prior to joining the firm as an associate in 2003, James was a judicial law clerk to the Arlington County Circuit […]
Real Estate 2023: DONALD E. STONE JR.
Stone, who has been Dewberry’s chief executive since 2010, oversees a $602.7 million engineering, architecture and construction firm with more than 60 offices nationwide. A 1980 civil engineering graduate of The Citadel, Stone was an Army second lieutenant, and after leaving the military in 1983, he joined the engineering firm O’Brien & Gere, serving in […]
Education 2023: GREGORY WASHINGTON
A first-generation college graduate, Washington became the first Black president of Virginia’s largest and most diverse public university in 2020. Trained in mechanical engineering at North Carolina State University, Washington was elected in February to the National Academy of Engineering. He was previously dean of the University of California, Irvine’s Samueli School of Engineering a[...]
Real Estate 2023: JACKIE THIEL
Thiel was appointed president of Long & Foster Real Estate in March, replacing Larry “Boomer” Foster. She has been with the company since 1998 and was executive vice president of general brokerage operations before her promotion. Thiel oversees the company’s more than 200 offices and 9,000 agents across eight states and Washington, D.C. During her […]
