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GovCon

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Jul 30, 2024

Leidos names first chief AI officer

Leidos has named Ron Keesing its first chief AI officer, the Reston Fortune 500 contractor announced Tuesday.  Keesing, who joined Leidos in 2004, has more than two decades of experience in artificial intelligence, machine learning and advanced analytics. His roles have included serving as founding director of the Leidos AI Accelerator and as senior vice […]

Photo of a mansion and pool.
Jul 30, 2024

Former Northrop Grumman CEO’s mansion sells for $9.95M

Former Northrop Grumman Chairman and CEO Wes Bush and his wife, Natalie, sold their McLean mansion June 28 for $9.95 million, according to Fairfax County records. Steven A. Sigsbury, an attorney with the Cochran Law Group in Tysons, is listed as the buyer of 903 Turkey Run Road and Baldy’s Bait and Tackle Trust is […]

Jul 29, 2024

Raytheon gets $325M boost to StormBreaker contract

The U.S. Department of Defense has increased the ceiling of an existing U.S. Air Force contract held by Arlington County’s Raytheon, a subsidiary of Fortune 500 defense contractor RTX, by $325 million, the Department of Defense announced Friday.  The contract, under which Raytheon is producing StormBreaker Increment II small-diameter glide bombs for fighter jets, has been […]

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Jul 29, 2024

Herndon’s Akima wins $480M Space Force contract

The U.S. Department of Defense has awarded Five Rivers Analytics, a subsidiary of Herndon-based government contractor Akima, an indefinite-delivery, indefinite-quantity contract worth up to $480 million over 10 years, Akima announced last week. Based in Colorado, Five Rivers Analytics provides classified IT and mission support services and bills itself as “a small business backed by […]

Jul 2, 2024

Dewberry wins $810M FEMA contract

The Department of Homeland Security has awarded Dewberry, an engineering, architecture and construction firm in Fairfax County, an $810 million contract to deliver logistics planning and construction services to the Federal Emergency Management Agency, according to a System for Award Management (SAM) notice published Friday. The indefinite-delivery, indefinite-quantity contract will support FEMA&#[...]

The Power 50
Jul 1, 2024

Boeing to purchase Spirit AeroSystems in $4.7B+ deal

Beleaguered aerospace and defense giant Boeing announced Monday it has entered an agreement to reacquire Boeing spinoff company Spirit Aerosystems in a $4.7 billion, all-stock transaction. The Fortune 500 company headquartered in Arlington County will also assume Spirit’s net debt, so the deal’s total value is approximately $8.3 billion, Boeing said in its announcement. Spirit [&hellip[...]

RUTH ANN CLARK
Jun 27, 2024

RUTH ANN CLARK

When Ruth Ann Clark drives to or from the six JPMorgan Chase offices she oversees, she leaves her radio turned off. These commutes create a white space for Clark to sort through and analyze data to identify potential solutions — in short: great thinking time. “That is one of the things I try to prioritize.” […]

CANDICE LING
Jun 27, 2024

CANDICE LING

Although there’s a great sense of responsibility helping the federal government fulfill its mission, Candice Ling has also found government contracting work to be an incredible privilege. Serving as a trusted partner to federal agencies is something that must be earned, she says, and so it’s especially satisfying when she can work together with a […]

Jun 20, 2024

Honeywell to purchase Arlington-based CAES for $1.9B

Honeywell, a multinational conglomerate based in Charlotte, North Carolina, announced Thursday it plans to buy Arlington-based aerospace and defense technology company CAES for $1.9 billion in cash from private equity firm Advent International. Formerly known as Cobham Advanced Electronic Solutions, CAES was founded in 1934 and was acquired by Advent in 2020. According to Honeywell’s [&helli[...]

BWXT team lands $30B federal nuclear contract
Jun 14, 2024

BWXT team lands $30B federal nuclear contract

A joint venture led by a Lynchburg-based BWX Technologies subsidiary has been awarded a potential $30 billion Department of Energy contract to operate a nuclear weapons plant in Texas, the company announced Friday. The DOE’s National Nuclear Security Administration awarded the contract to PanTeXas Deterrence (PXD), a joint venture led by BWXT’s Technical Services Group […]

Foster Fuels CEO Watt R. Foster Jr.
May 23, 2024

Foster Fuels wins potential $442M FEMA contract

Brookneal-based fuel delivery provider Foster Fuels has won an up to $442 million contract to provide emergency services to the Federal Emergency Management Agency. Under the five-year Defense Logistics Agency Energy (DLA) contract, which the Defense Department announced May 15 and Foster Fuels announced Tuesday, Foster Fuels will be the prime contractor for emergency fuel […]

May 20, 2024

Accenture Federal Services completes Cognosante buy

Arlington County-based Accenture Federal Services has completed its acquisition of Falls Church-based Cognosante, AFS announced Monday. With the acquisition, AFS plans to create a new federal health portfolio. The deal adds 1,500 employees to AFS’ workforce. “The health market is a unique mission space in the U.S. federal government,” Accenture Federal Services CEO John Goodman [&hel[...]

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