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Rocket Lab to launch new hypersonic rocket from Va.
California-based Rocket Lab USA Inc. will launch its new Hypersonic Accelerator Suborbital Test Electron (HASTE) rocket in Accomack County in the first half of 2023. The company introduced the suborbital testbed launch vehicle, derived from its Electron rocket, on Monday. Rocket Lab is preparing the HASTE vehicle for launch for a confidential customer at its […]
Fors Marsh acquires Fla. marketing firm
Arlington County-based market strategy and research firm Fors Marsh has acquired Florida-based marketing firm Brunet-García, the company announced April 5. Terms of the deal were not disclosed. Fors Marsh employs 420 researchers, advisers and communicators and serves federal clients such as the U.S. Department of Health and Human Services, the Department of Defense, the Department […]
HII announces more than $1.8B in contracts
Newport News-based Huntington Ingalls Industries Inc. on Tuesday announced more than $1.8 billion in contracts awarded to its mission technologies and shipbuilding divisions. The company’s McLean-based Mission Technologies was awarded a $1.3 billion U.S. African Command Personnel Recovery Enterprise Services and Solutions (PRESS) task order, which has a one-year base period with up to six [&[...]
Raytheon receives $1.2B missile contract
Arlington County-based Raytheon Technologies Corp. will produce its Patriot missile systems for Switzerland under a $1.2 billion U.S. Army foreign military sales contract. The contract, announced by the Pentagon March 28, includes five Patriot units as well as the company’s Guidance Enhanced Missile, or GEM-T, a Patriot missile variant used to defeat tactical ballistic missiles, […]
SAIC hires SVP of Navy unit
Barbara Graham has been hired as senior vice president of Reston-based Fortune 500 federal contractor Science Applications International Corp.’s Navy business unit, SAIC announced Wednesday. Graham, who started Tuesday, will oversee the $1 billion SAIC unit, which serves U.S. Navy and Marine Corps customers. She reports to Bob Genter, president of SAIC’s defense and civilian […]
ITA International names new CEO
Newport News-based government contractor ITA International LLC has promoted Mark Honecker from chief operating officer to CEO, effective April 3, the federal contractor announced Monday. Honecker succeeds outgoing CEO Mike Melo, who will transition to chairing ITA’s advisory board and will also take on the new position of chief visionary officer, a role in which […]
ASRC Federal to pay $350M for SAIC’s logistics biz
Reston-based Science Applications International Corp. (SAIC) has agreed to sell its logistics and supply chain management business to Reston-based ASRC Federal Holding Company LLC for $350 million in cash, both companies announced Thursday. About 240 SAIC employees will transition to ASRC Federal upon completion of the deal, which is expected to close in spring 2023. […]
GDIT lands $1.8B Army flight sim contract
Falls Church-based General Dynamics Information Technology Inc. will provide flight simulation training services to the Army under a nearly $1.8 billion contract announced, the Pentagon announced Thursday. Work is estimated to be completed March 31, 2035, with locations and funding to be determined with each order. Also on Thursday, GDIT announced it received two contracts […]
GDIT lands EPA contracts valued at $380M
Falls Church-based General Dynamics Information Technology Inc. has received two contracts from the U.S. Environmental Protection Agency valued up to $380 million, the company announced Wednesday. GDIT will provide program support and infrastructure to the EPA’s Office of Superfund Remediation and Technology Innovation by applying technical, scientific, analytical chemistry and IT services u[...]
Boeing to build 184 helicopters under $1.9B contract
Arlington-based Boeing Co. will build 184 AH-64E Apache attack helicopters for the U.S. Army and international customers under a $1.9 billion contract modification announced by the Pentagon Friday. The award brings the contract’s total funded value up to $2.1 billion and has the potential to surpass more than $3.8 billion with “future obligations,” Boeing said […]
DXC penalized by SEC over misleading financial info
Ashburn-based Fortune 500 IT company DXC Technology Co. has been penalized by the federal government for making “misleading” financial reports from 2018 to early 2020, according to the U.S. Securities and Exchange Commission. DXC did not admit or deny the charges, but consented to a cease-and-desist order and agreed to pay an $8 million penalty. […]
Parsons to acquire N.J. software company
Centreville-based Fortune 1000 defense contractor Parsons Corp. has entered into an agreement to acquire IPKeys Power Partners Inc., a New Jersey provider of enterprise software platform solutions, the company announced Tuesday. The $43 million acquisition is expected to close in the second quarter. IPKeys Power Partners delivers cyber and operational security to electric, water and […]
