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Herndon tech distributor names new president
Four Inc., a Herndon distributor of technology products to the government, announced earlier this month that it has named a new president and CEO to replace former leader and co-founder Jeff Nolan, who is now executive vice chair of Four’s board. David Stewart, previously Four’s chief operating officer, began his new role Feb. 5, according […]
Herndon contractor to acquire NG division for $327M
Herndon tech and management contractor Serco Inc. has agreed to acquire Northrop Grumman’s mission training and satellite ground network communications software business (MT&S) for approximately $327 million. Serco Inc., a wholly owned subsidiary of United Kingdom-based Serco Group, announced the deal Wednesday, which is expected to close in mid-2025. MT&S provides the U.S. military with[...]
Former Bush White House staffer named Akima VP
Rachael Duffy, a former assistant press secretary in President George W. Bush’s administration, has joined Herndon-based federal contractor Akima as vice president of marketing, communications and government relations. An Alaska Native corporation that handles federal contracts for the for-profit NANA Regional business owned by Indigenous Iñupiat shareholders, Akima has more than 10,000 emp[...]
Proposed $8.8B+ Pittsylvania data center campus hits roadblock
So many Pittsylvania County residents turned out to voice their — predominantly opposed — opinions regarding a proposed $8.8 billion-plus data center campus and natural gas power plant that a county planning commission meeting ran about five hours Tuesday, ending around 11:40 p.m. As the meeting neared its end, Steven Gould, the attorney representing Balico, […]
Herndon office building portfolio sells for $51M
A portfolio of four office buildings in Herndon sold for $51 million, Finmarc Management announced Thursday. Dubbed Dulles Corner, the four buildings comprise nearly 620,000 square feet of Class A office space. Located at the intersection of Dulles Toll Road and Virginia Route 28, the properties are: 2411 Dulles Corner Park, an eight-story, nearly 180,000-square-foot […]
Paragon Systems fined $52M for alleged fraud
Herndon-based federal contractor Paragon Systems agreed Tuesday to pay $52 million to resolve allegations by the U.S. Department of Justice that Paragon used its own subsidiaries to fraudulently win small business set-aside contracts, violating the federal False Claims and Anti-Kickback acts. The company is one of the federal government’s largest providers of security, fire and […]
Navient faces $120M fine, ban over student loan abuse claims from consumer watchdog
The Consumer Financial Protection Bureau filed a proposed order Thursday to permanently ban Herndon-based Navient, formerly the nation’s largest student loan servicer, from servicing federal student loans and fine the company $120 million. “These bans would largely remove Navient from a market where it, among other illegal actions, steered numerous student loan borrowers into costly [&[...]
Serco wins $323M contract for Space Force base construction
Herndon-based technology and management contractor Serco Inc., a subsidiary of United Kingdom-based Serco PLC, has won a contract worth an estimated $323 million for construction work at the U.S. Space Force’s Pituffik Space Base in Greenland. Under the four-year U.S. Army Corps of Engineers contract, which Serco announced last week, the company will manage facility […]
New CFO tapped for Maola Local Dairies
Chad Dubbe started work as the chief financial officer of Herndon-based Maola Local Dairies on Aug. 13, according to an announcement by the company, which is owned by the farmers of Maryland & Virginia Milk Producers Cooperative Association. Previously, Dubbe spent 15 years at Leprino Foods, a Colorado manufacturer of mozzarella, lactose and whey protein. […]
RONDA SCHRENK
Ronda Schrenk has always loved maps, and that has shaped her career. Geospatial intelligence, or GEOINT, as it’s known in the trade, “is about understanding the world around us — to include all that happens on, above and below the earth’s surface — and working to make sense of that data,” she says. “You could […]
Maryland & Virginia Milk Producers CEO to retire
Jay Bryant, CEO of Herndon-based Maryland & Virginia Milk Producers Cooperative Association (MDVA), is retiring at the end of this year, and Jon Cowell, MDVA’s current chief financial officer, will succeed him, the cooperative announced Friday. Bryant has worked at the MDVA, a cooperative of more than 900 dairy farm families in 10 states, for […]
Israeli defense giant launches Herndon aerospace accelerator
Herndon will soon have something in common with Tel Aviv — an aerospace accelerator and innovation center run by Israeli state-owned aerospace and defense company Israel Aerospace Industries, which helped design Israel’s Iron Dome missile defense system. IAI and IAI North America, its Herndon-based U.S. government contracting subsidiary, in cooperation with California- and Washington, D.C.-bas[...]
