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Booz Allen secures $74M Navy contract
McLean-based Fortune 500 global management consultant Booz Allen Hamilton Inc. won a potential $74.7 million contract with the U.S. Navy to support the Program Executive Office Unmanned and Small Combatants (PEO USC) mission, the U.S. Department of Defense announced Friday. Under the cost-plus-fixed-fee contract, Booz Allen Hamilton will provide a single program executive for the […]
Octo acquires Herndon-based B3 Group
Reston-based Octo Consulting Group, backed by Arlington Capital Partners, has acquired Herndon-based health IT company B3 Group Inc. Financial terms of the transaction were not disclosed. B3 modernizes applications using low- or no-code software and platforms such as Microsoft Power Platform. The company also provides data governance, integration and analytics as well as cloud engineering [&hellip[...]
Northrop Grumman lands $1.4B Army contract
The U.S. Army has awarded a five-year-contract valued at about $1.4 billion to Falls Church-based Fortune 500 defense contractor Northrop Grumman Corp. for low-rate initial production and full-rate production of the Integrated Battle Command System (IBCS). Developed in partnership with Northrop Grumman, IBCS is the centerpiece of the U.S. Army’s modernization strategy for air and […]
Youngkin announces transportation secretary
Gov.-elect Glenn Youngkin announced Friday W. Sheppard “Shep” Miller III, former chairman of Virginia Beach-based defense contractor KITCO Fiber Optics, as his state secretary of transportation. “Shep will be an invaluable leader as secretary of transportation as we fulfill our promises to all Virginians to invest in roads, highways and transportation infrastructure in every corner […[...]
Peraton wins $343M TSA contract
Federal contractor Peraton Inc. won an up to $342.76 million task order with the U.S. Transportation Security Administration on Dec. 13, 2021. Peraton subsidiary Perspecta Enterprise Solutions LLC, acquired in May 2021, won the IT Management, Performance Analysis and Collaborative Technologies (IMPACT) II contract. Reston-based Fortune 500 contractor CACI International Inc. won the first IMPACT [&[...]
ICF acquires McLean tech contractor
Fairfax-based management consulting firm ICF International Inc. announced Monday that it had completed its acquisition of McLean-based IT federal contractor Creative Systems and Consulting. Financial terms of the transaction were not disclosed. The company announced in December 2021 that it had entered into a definitive agreement to acquire Creative and expected to close the transaction […]
Bechtel subsidiary wins $872M Navy contracts
A subsidiary of Reston-based global engineering, construction and project management company Bechtel Group Inc. won a pair of contract modifications, totaling about $872 million, from the U.S. Navy, the Department of Defense announced Monday. Monroeville, Pennsylvania-based Bechtel Plant Machinery Inc., has been awarded a $621.9 million cost-plus-fixed-fee modification to a previously awarded cont[...]
ICF International to acquire Creative Systems and Consulting
Fairfax-based management consulting firm ICF International Inc. has entered into a definitive agreement to acquire McLean-based IT federal contractor Creative Systems and Consulting, ICF announced Tuesday. The financial terms of the acquisition were not disclosed. Founded in 1969, ICF has about 7,500 employees. Creative was founded in 2010 and has 270 employees and “a full […]
Leonardo DRS names new CTO
Arlington-based Leonardo DRS Inc., a subsidiary of Italian defense contractor Leonardo SpA, has hired a new chief technology officer. Dr. Philip Perconti will lead corporate research and development strategy, accelerate innovation and expand partnerships that result in integrated technology solutions yielding enhanced warfighting capabilities. Perconti most recently served as the Army chief scient[...]
The Carlyle Group to acquire CNSI
Washington, D.C.-based private equity firm The Carlyle Group announced Thursday that affiliated funds under its management have agreed to acquire McLean-based health information technology provider CNSI. Financial terms of the transaction, which is expected to close in December, were not disclosed. Greenwich, Connecticut-based firm Alvarez & Marsal Capital Partners currently owns CNSI. “We b[...]
Peraton to move HQ from Herndon to Reston
Federal contractor Peraton Inc. is moving its headquarters from Herndon to Reston, the company announced Thursday. Peraton has signed a lease at 1875 Explorer St. in Reston Town Center. It expects to begin operating in the new headquarters by September 2022, after the completion of initial construction phases. In 2021, Peraton completed both the $7.1 […]
SAIC wins potential $1.11B Navy contract
Reston-based Fortune 500 government contractor Science Applications International Corp. (SAIC) won an up to $1.11 billion contract with the U.S. Navy, the U.S. Department of Defense announced last week. Under the fixed-price incentive, firm-fixed-price and cost-plus-fixed-fee $123.68 million contract, SAIC will provide MK 48 Mod 7 heavyweight afterbody/tailcones and warshot fuel tank torpedo equip[...]
