Sign In
Free Newsletter
Northrop Grumman receives $3.3B missile defense contract
Falls Church-based Northrop Grumman Corp. has received a contract worth nearly $3.3 billion from the Missile Defense Agency to help defend the homeland from ballistic missile threats. The Fortune 500 aerospace and defense contractor will design, develop and sustain new capabilities for the next Ground-based Midcourse Defense Weapons Systems program, according to a news release. […]
Virginia’s Fortune 500 companies
Virginia continues to perform well on the Fortune 500, with 21 companies from the commonwealth making the 2022 list, which ranks the 500 largest publicly traded companies in the United States by total revenue. Mortgage finance company Federal Home Loan Mortgage Corp. (“Freddie Mac”) once again topped Virginia’s list of Fortune 500 companies. With $65.89 […]
Dollar Tree names new CIO amid C-suite shift
Chesapeake-based Fortune 500 discount retailer Dollar Tree on Thursday announced that it has hired Bobby Aflatooni, executive vice president and chief information officer for real estate developer The Howard Hughes Corp., as its CIO. The hire comes less than a month after Dollar Tree Stores, Inc., which also owns the Family Dollar chain, announced a […]
Leidos receives $291M Navy contract
Reston-based Fortune 500 contractor Leidos has received a $291 million follow-on contract for work with the Navy’s Program Executive Offices’ Integrated Warfare Systems directorate, according to a news release. The single award, cost-plus-fixed-free contract includes a one-year base period with a four additional one-year option periods. Under the contract, Leidos is expected to perform[...]
Booz Allen Hamilton launches $100M VC fund
Booz Allen Hamilton Inc. has formed a $100 million corporate venture capital arm, the McLean-based Fortune 500 global management consultancy announced Wednesday. Named Booz Allen Ventures LLC, the arm will invest in early-stage companies and technologies across four categories: defense, artificial intelligence/machine learning, cybersecurity and deep technology. “We are proud and excited to cont[...]
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[...]
Leidos receives Navy undersea warfare contract
Leidos Inc., the Reston-based Fortune 500 government contractor, has received a nearly $24 million contract from Naval Sea Systems Command to install, integrate and maintain the Navy’s AN/SQQ-89 Surface Ship Undersea Warfare combat systems, according to a Department of Defense announcement last week. The contract includes options that could bring the total award to nearly […]
HII names new VP for Columbia-class submarines
Newport News-based Fortune 500 contractor Huntington Ingalls Industries has named Brandi Smith vice president of the Columbia class submarine program at its Newport News Shipbuilding division. Smith succeeds Charles Southall, who is retiring July 1 after more than 35 years, HII said in a news release Thursday. The Columbia class has long been the Navy’s […]
34 Va. companies make 2022 Fortune 1000 list
Thirty-four Virginia-based companies made Fortune magazine’s 68th annual Fortune 1000 list, which was released Monday. The list ranks the 1,000 largest United States corporations by total revenue, including public companies and private companies for which revenue information is available. Twenty-one companies made the elite Fortune 500 list, including Henrico County-based convenience retail [...]
DXC President/CEO adds chairman to title
Mike Salvino, president and CEO of DXC Technology Co., will be adding chairman to his title, the Ashburn-based Fortune 500 IT services company announced Tuesday. Salvino will ascend to his new position following the company’s annual stockholder meeting on July 26. He succeeds former Pfizer Inc. Chairman and CEO Ian C. Read, who is retiring […]
Falls Church-based GDIT names VP for client engagement
Falls Church-based General Dynamics Information Technology Inc. has named Kristin Seaver as its vice president of strategic client engagement, the company announced Monday. Seaver spent more than three decades working for the U.S. Postal Service, including as chief retail and delivery officer, chief information officer and COVID-19 incident commander, as well as in other leadership […]
Owens & Minor receives $1.1B DOD contract
Mechanicsville-based Fortune 500 global health care logistics firm Owens & Minor Inc. has received a $1.125 billion contract modification to provide medical surgical supplies to the military and federal civilian agencies, the Department of Defense announced Wednesday. The award is for a second 30-month option period of a contract with three 30-month possible periods for […]
