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Inova receives $20M gift from Peterson Cos. family
Inova Health System has received a $20 million gift from the Peterson Family Foundation, the family behind the Peterson Cos. real estate development firm, the Falls Church-based health system announced Tuesday. The gift will be split, with $15 million dedicated to the Inova Life with Cancer program and $5 million to the expansion of Inova […]
Hitt Contracting promotes senior leadership
Falls Church-based general contractor Hitt Contracting announced Thursday four promotions and one retirement in its national business. Jeremy Bardin, Hitt’s co-president since 2017, will retire in December. Replacing Bardin as co-president, Evan Antonides has been promoted to oversee Hitt’s Southeast and Texas operations and its mission-critical work nationwide, and will serve alongsid[...]
BAE Systems closes $5.6B acquisition of Ball Aerospace
Falls Church-based BAE Systems Inc., the U.S. arm of the British defense giant BAE Systems, has completed its $5.6 billion acquisition of Colorado-based Ball Aerospace from Ball Corp. BAE Systems announced Feb. 14 it earned the necessary regulatory approvals and followed that with a Feb. 16 announcement of the deal’s completion. The company first announced […]
Northrop Grumman awarded up to $732M for satellite contract
Fortune 500 Falls Church defense contractor Northrop Grumman will build 38 data transport satellites for the U.S. Space Force’s Space Development Agency under a contract valued up to $732 million as the agency builds out a space-based communications network. The work, announced Monday by the agency, falls under Tranche 2 Transport Layer – Alpha, a […]
GDIT lands $450M CMS contract
Falls Church-based federal contractor General Dynamics Information Technology won a $450 million Centers for Medicare & Medicaid Services contract, the General Dynamics subsidiary announced Thursday. Under the contract, GDIT will continue operating and modernizing CMS’ Healthcare Integrated General Ledger Accounting System (HIGLAS), an accounting system that standardizes federal financia[...]
Northrop Grumman lands $705M missile contract
Falls Church-based aerospace contractor Northrop Grumman will develop and test the Air Force’s new air-to-surface missile under a $705 million contract. Under the contract, announced Monday by the Air Force and the Fortune 500 contractor, the company will develop, integrate and complete flight testing and rapid prototyping of the service’s stand-in attack weapon (SiAW) during […[...]
Two NoVa companies receive $1.5B DOD tech contract
Two Northern Virginia-based federal contractors have received a five-year contract valued up to $1.5 billion to provide analytic and technical support services to the Department of Defense’s administrative and management organization. Falls Church-based Analytic Services, known as ANSER, and Alexandria-based Systems Planning & Analysis, known as SPA, will provide acquisition and sustain[...]
GDIT names new chief growth officer
Falls Church-based General Dynamics Information Technology has named Paul Tartaglione as its new chief growth officer, the company, a subsidiary of Fortune 500 contractor General Dynamics, announced Monday. Tartaglione started in his new role Monday. He joined GDIT from McLean-based Fortune 500 management consultancy Booz Allen Hamilton, where he most recently served as senior vice […]
Real Estate 2023: BRETT HITT
Hitt’s grandparents started the family business in 1930, now one of Virginia’s biggest general contracting firms, earning $5.41 billion in 2022 construction revenue and landing in the top 20 of Engineering News-Record’s 2023 Top Contractors list. Hitt joined his family’s company as an assistant project manager in 1984. He rose through the ranks to become […]
Real Estate 2023: KIM ROY
From a young age, Roy has been interested in being a builder, and in 2017, she was appointed the first non-family member to lead the 86-year-old company that employs more than 900 workers in the commonwealth. A Virginia Tech alumna with a bachelor’s degree in construction, Roy went to work at Hitt in 1999 as […]
Real Estate 2023: JON JENNINGS
The third generation to lead the general contracting firm started as a masonry firm in 1952 by his grandfather, bricklayer Lawrence Floyd Jennings, Jon Jennings oversees about 350 employees and a large portfolio of projects in the Richmond and Washington, D.C., regions. Larry Jennings, L.F.’s son and Jon’s father, joined the company in 1965 and […]
Federal Contractors | Technology 2023: Y. MICHELE KANG
Born in South Korea, Kang moved to the United States as a teen with her family, driven to succeed. She earned her bachelor’s degree from the University of Chicago and her master’s degree from the Yale School of Management. An entrepreneur who started companies and bought and invested in others, she has always been focused on […]
