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14K+ Virginians filed initial jobless claims last week
The number of initial jobless claims filed last week reached close to its Aug. 8 peak, with more than 14,000 Virginians filing initial unemployment claims, according to Virginia Employment Commission data released Thursday. The week prior, initial claims reached more than 16,000. While there was a 12.9% decrease in claims from the previous week, the […]
Sevatec, Octo Consulting announce merger
Fairfax-based software company Sevatec announced Tuesday it has merged with Reston-based government technology company Octo Consulting Group. The combined organization will have nearly $300 million in annual revenue and 1,100 employees. Founded in 2003, Sevatec provides design, DevSecOps, security, cloud service integration, data engineering and automation services and has won nearly $400 millio[...]
3Pillar acquires Ariz.-based software company
Fairfax-based product lifecycle management company 3Pillar Global Inc. announced Tuesday it has acquired Tempe, Arizona-based software development company Tiempo Development. Financial terms of the transaction were not disclosed. Tiempo Development, which employs more than 400 people, also has three digital delivery centers in Mexico, which will expand 3Pillar’s footprint and offerings o[...]
Dewberry to provide advanced mapping of Alaska
Fairfax-based engineering consulting firm Dewberry announced Friday it has won a U.S. Geological Survey (USGS) task order to complete updated hydrography (maps of bodies of water) for the National Hydrography Dataset (NHD) for approximately 9,880 square miles in northern Alaska. An amount for the task order was not disclosed. From 2010 to 2020, Dewberry mapped […]
Tysons IT company acquires Fla.-based tech training company
Tysons-based information technology company By Light Professional IT Services LLC announced Friday it has acquired Port Orange, Florida-based technology training company Raydon. Financial terms of the acquisition were not disclosed. Founded in 2002, By Light provides engineering, cyber, modeling and simulation services to defense and government agencies, employing more than 2,000 people. Raydon, w[...]
Va. jobless claims fall to lowest level since March
The number of initial jobless claims filed last week fell to its lowest level since the pandemic’s employment effects began to be felt in mid-March, the Virginia Employment Commission reported Thursday. Initial jobless claims in Virginia dropped by 29.7% last week compared with the previous filing week, according to the VEC, while continued claims fell […]
ASGN subsidiary buys Fla.-based tech firm
Henrico County-based Fortune 1000 professional services company ASGN Inc. announced Tuesday it has acquired Tampa, Florida-based information technology firm Integrated Solutions Management Inc. Financial terms of the transaction were not disclosed. Founded in 1991, ISM specializes in internet of things (IoT) technology, IT service and operations management. It will become part of ECS, a Fairfax-ba[...]
IRS announces research partnership with Fairfax company
The Internal Revenue Service’s Office of the Chief Procurement Officer is forming a research partnership with Fairfax-based Data and Analytic Solutions Inc. The partnership, which also includes a group of academic researchers, will use data science to improve IRS procurement operations. Researchers will examine the length of time it takes to award a government contract. […]
ICF executive chairman to retire Dec. 31
Fairfax-based management consulting firm ICF International Inc. announced Thursday that Sudhakar Kesavan will retire as executive chairman of the company’s board of directors on Dec. 31. Company President and CEO John Wasson will become chairman of the board on Jan. 1. “It has been an honor to lead ICF through its transformation over the past […]
Commercial building in Fairfax sells for $1.8M
A three-story mixed-use commercial building in Fairfax sold for $1.8 million, Norfolk-based S.L. Nusbaum Realty Co. announced this week. Located at 3950 Chain Bridge Road, The Moore-McCandlish House is a 6,550-square-foot historical building constructed in 1840. The property, which sits on 0.48 acres, was 96% leased at the time of the sale, according to S.L. […]
Fairfax tech company names AI director
Fairfax-based technology and engineering company ECS (a subsidiary of Henrico County-based ASGN Inc.) announced Tuesday it has hired Aaron Burciaga as senior director of artificial intelligence (AI) and analytics. Burciaga was most recently the global operations director for analytics and AI with HCL Technologies. In his new role, he will work with ECS’s national security […]
EY names five Virginians as mid-Atlantic entrepreneurs of the year
Virginia businesspeople took home five of the 12 Entrepreneur of the Year Mid-Atlantic Awards announced last week by multinational professional services company Ernst & Young LLP. The Virginia winners for the 2020 Entrepreneur of the Year Mid-Atlantic Award were: 3Pillar Global Inc. | David DeWolf, Fairfax HUNGRY Marketplace | Jeff Grass and Shy Pahlevani, Arlington […]
