Sign In
Free Newsletter
Leidos lands $2B contract to provide military counseling
Reston-based Fortune 500 government contractor Leidos Holdings Inc. announced Tuesday it has received a $2 billion contract to provide nonmedical counseling to military service members and their families through the Department of Defense’s Military and Family Life Counseling (MFLC) program. Under the contract, Leidos will provide face-to-face nonmedical counseling, consultation and outreach [...]
DXC Technology says ‘non, merci’ to French company’s purchase bid
Three weeks after receiving an unsolicited and nonbinding offer to purchase all of its shares, Tysons-based Fortune 500 IT services company DXC Technology’s board has turned down the proposal from Paris-based IT company Atos SE, DXC announced Monday. According to DXC’s statement Monday night, its board determined Atos’ offer was too low and lacked certainty, […]
Crown Holdings to build $145M aluminum can factory in Henry County
Yardley, Pennsylvania-based metal packaging tech company Crown Holdings Inc. will establish a $145 million aluminum can manufacturing operation in Henry County, creating 126 jobs, Gov. Ralph Northam announced Thursday. The company will build the 355,000-square-foot facility to be used for aluminum beverage can production in the Commonwealth Crossing Business Centre. Founded in 1892, the Fortune [&[...]
Fairfax tech company names growth VP
Fairfax-based tech company Pyramid Systems announced Wednesday it has hired Art Boghozian as its vice president of growth. Boghozian most recently served as the director of business development for strategic accounts for Reston-based Fortune 500 defense contractor Science Applications International Corp.’s (SAIC) National Security Group. In his new role, he will focus on the company’s [...]
Genworth notifies employees of job cuts
Henrico County-based Genworth Financial Inc. has notified some employees of job cuts, a company spokesperson confirmed Wednesday. The job cuts come on the heels of the company’s Jan. 4 announcement that its planned $2.7 billion acquisition by China-based Oceanwide Holdings Group Co. Ltd. has been frozen. Company spokesperson Julie Westermann declined to share the number […]
Leidos completes $215M acquisition of 1901 Group
Reston-based Fortune 500 government contractor Leidos Holdings Inc. announced Thursday it has completed its $215 million cash acquisition of Reston-based information technology services company 1901 Group. The transaction was first announced on Dec. 10, 2020. “The addition of 1901 Group allows us to work together and leverage their impressive capabilities across the enterprise,” Leidos Chairma[...]
Booz Allen’s TEAMS business unit acquired by Chantilly company
Chantilly-based System High Corp. announced Monday it has acquired McLean-based Fortune 500 global management consulting company Booz Allen Hamilton Inc.’s technical, engineering, advisory and management support (TEAMS) business unit. Financial terms of the acquisition were not disclosed, but the Booz Allen business unit includes 110 employees and serves the Missile Defense Agency (MDA). “[...]
DXC Technology receives unsolicited bid for all company shares
Tysons-based Fortune 500 IT services company DXC Technology confirmed Thursday it received an unsolicited, preliminary and nonbinding proposal from French information technology company Atos to buy all of the company’s shares. DXC will evaluate the proposal, according to a company statement. “Prior to receiving this proposal Wednesday night, DXC Technology had no knowledge of any [&hel[...]
Booz Allen demos in-flight AI algorithm for Air Force
McLean-based Fortune 500 global management consulting company Booz Allen Hamilton Inc. announced Wednesday it demoed the use of an in-flight artificial intelligence (AI) algorithm for the U.S. Air Force Air Combat Command’s 9th Reconnaissance Wing U-2 Federal Laboratory. This marks the first time that a pilot has teamed up with AI to successfully complete a […]
Leidos subsidiary submits lunar lander proposal to NASA
Dynetics, a wholly owned subsidiary of Reston-based Fortune 500 government contractor Leidos Holdings Inc., announced Wednesday it has submitted its proposal for the Human Landing System (HLS) that is planned to take the first woman and next man to the man’s surface for NASA’s Artemis Program by 2024. In late April, Dynetics was one of […]
Northrop Grumman wins potential $250M Navy contract
Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. announced Tuesday it has been awarded a potential $250 million contract to produce additional target vehicles for the U.S. Navy. Under the contract, Northrop Grumman will produce 19 GQM-163A Coyote supersonic sea-skimming target (SSST) missiles, which are used to test naval ships’ defenses. Northrop [&hell[...]
Booz Allen CFO elected to Moody’s board
Financial services company Moody’s Corp. announced Friday that Lloyd W. Howell Jr., executive vice president, chief financial officer and treasurer of McLean-based Fortune 500 global management consulting company Booz Allen Hamilton Inc., has been elected to Moody’s board, effective March 15, 2021. Howell will join the board’s audit, compensation and human resources and governa[...]
