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Fairfax

Dec 5, 2022

American Systems receives $1B+ DISA contract

Chantilly-based government contractor American Systems Corp. has received a contract from the Defense Information Systems Agency valued up to $1.01 billion for test, evaluation and certification services, the Pentagon announced Friday. A minimum guarantee of $10,000 will be made through a task order that will be funded by fiscal 2023 research, development, test and evaluation […]

Nov 3, 2022

Cadmus Group acquires Fairfax contractor

Massachusetts-based consultancy The Cadmus Group LLC announced Wednesday it has acquired Wheelhouse Group, a Fairfax-based business and technology consultancy and federal contractor. Financial details of the transaction were not disclosed. Founded in 2003, Wheelhouse provides organizational change management, stakeholder engagement and communications, workforce transformation and enterprise optimi[...]

Aug 12, 2022

July NoVa home sales drop 29% from 2021

As price growth slowed and inventory increased slightly, Northern Virginia housing sales dropped 28.8% in July compared with last year, according to a Northern Virginia Association of Realtors report published Friday. “More options are available to homebuyers now that the market is calming. It remains a seller’s market, but the feeding frenzy has subsided somewhat,” […]

Aug 9, 2022

Guidehouse consolidates national security, defense segments

McLean-based Guidehouse is consolidating its national security and defense units, the global management consulting firm announced Monday. Ed Meehan, who has led the company’s defense unit, will become chief growth officer for Guidehouse. Meehan has worked in the public and commercial sectors, and has delivered digital transformation programs to diverse clients and has sales leadership expe[...]

Jul 26, 2022

Inova Fairfax Hospital retains No.1 state ranking

For the second year in a row, Inova Fairfax Hospital in Falls Church has been named the best hospital in Virginia on U.S. News and World Report’s annual list of the best hospitals in the nation, which was released Tuesday. The Inova Health System’s hospital also ranked as the top hospital in the Washington, D.C., […]

Jul 25, 2022

PAE aviation division receives $136.5M Air Force contract

Arlington-based PAE Aviation and Technical Services LLC has received a $136.5 million contract to provide aerial target operations and maintenance for the Air Force, the Pentagon announced Thursday. Under the contract, PAE will conduct lethality testing of major weapons systems and munitions programs at Tyndall Air Force Base in Florida and Holloman Air Force Base […]

Jul 14, 2022

Deltek to acquire Wis. software company

Herndon-based software company Deltek Inc. announced Thursday it had entered into an agreement to acquire Wisconsin-based TIP Technologies Inc. Financial details of the transaction were not disclosed. The acquisition is expected to close in the third quarter of 2022. “For nearly forty years, Deltek has had a relentless focus on government contracting and powering our […]

A graphic showing the SemanticBits logo, an ampersand, then the ICF logo
Jul 14, 2022

ICF acquires SemanticBits for $220M

Fairfax-based management consulting firm ICF International Inc. announced Thursday it had completed its $220 million acquisition of health tech contractor SemanticBits. In June, ICF announced it had entered into a definitive agreement to acquire the Herndon-based company, and that its existing credit facility would fund the $220 million transaction. “As one of the industry’s leading [&hell[...]

Jun 1, 2022

General Dynamics Missions Systems, Iridium land $324M space contract

Fairfax-based General Dynamics Missions Systems and McLean-based Iridium Communications Inc. have received a $324 million contract to build and provide network operations and support for the National Defense Space Architecture. The award, from the Space Development Agency, includes a $162.9 million base and $161.5 million in options. Under the contract, General Dynamics Missions Systems and [&hell[...]

May 23, 2022

Fairfax medical building sells for $21M

Prosperity Plaza, a medical office building less than a mile from Inova Fairfax Hospital, has been sold for $21 million, Avison Young announced last week. Bethesda, Maryland-based Global Medical REIT purchased the 96,070-square-foot building at 3020 Hamaker Court in Fairfax from the original developer, The Tomares Cos. Built in 1986, Prosperity Plaza is seven stories […]

Mar 23, 2022

WaveDancer to acquire Herndon SaaS firm for $90M

Fairfax-based software company WaveDancer Inc. announced Tuesday that it has entered into a definitive agreement to acquire Herndon-based software-as-a-service platform company Knowmadics Inc. for $90 million. Approximately $56.5 million in cash and $33.5 million of stock at a price of $6.50 per share comprise the $90 million total. WaveDancer intends to raise approximately $67 million […]

Mar 18, 2022

MainStreet Bancshares president to retire

Charles “Chris” Brockett announced Friday that he’s retiring as president of MainStreet Bancshares Inc., parent company of Fairfax-based MainStreet Bank, effective March 31. Brockett has served as MainStreet Bancshares’ president since January 2017. He will remain a member of the board of directors. “We are pleased that Chris will continue to exercise strategic oversight and [...]

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