Constellis CEO resigns, replaced by lead director
Herndon-based federal contractor Constellis announced Tuesday that CEO Tim Reardon has resigned to “pursue other interests,” and the company’s lead director, Terry Ryan, will replace him, effective immediately. “It has truly been an honor to lead such a great company with so many exceptional people, and I am excited about Constellis’ future with Terry at […]
Colo.-based company acquires Herndon contractor for $112M
Colorado Springs, Colorado-based tech contractor Vectrus announced Dec. 28, 2020, that it would acquire Herndon-based Zenetex — a transaction valued at $112 million. Vectrus provides operations, logistics and IT services to the U.S. government, and Zenetex provides services to defense and national security clients. The acquisition will expand Vectrus’ client base and adds more than [&hel[...]
Fairfax tech company acquires Herndon intelligence services firm
Fairfax-based federal technology company Axiologic Solutions LLC announced Thursday it has acquired Herndon-based intelligence services firm Knowledge Link. It is Axiologic’s first acquisition. Financial terms of the transaction were not disclosed, but the acquisition will nearly double the size of Axiologic, according to a company statement. “Through the combination of Axiologic and Knowl[...]
CIT announces $7M grant funding round
The Herndon-based Center for Innovative Technology (CIT) on Thursday opened the application process for $7 million in grant funds from its new Commonwealth Commercialization Fund, focused on promoting innovation and technology commercialization initiatives. The fund started six months ago. This round will provide grants up to $100,000 to support companies’ commercialization and market entry [...]
Herndon company awarded intelligence contract
Herndon– and Seattle-based global monitoring company BlackSky announced Wednesday it was awarded a contract from the Intelligence Advanced Research Projects Activity (IARPA). The company declined to release the amount awarded from the contract. The IARPA leads research programs for the U.S. Intelligence community. BlackSky will work to develop IARPA’s Space-based Machine Automated Reco[...]
Herndon contractor names president, crisis response
Herndon-based federal contractor Constellis announced Monday it has promoted Rick Tye as president of the company’s crisis response business. Joining Constellis in 2017, Tye was most recently the company’s chief growth officer. Darryle Conway will succeed him in this role. Constellis’ crisis response business provides customers with response and planning services to reduce risk, [...]
Herndon company acquires N.Y.-based IT firm
Herndon-based IT assets selling and financing company ePlus Inc. announced Monday it has acquired Rochester, New York-based System Management and Planning Inc. (SMP), an information technology company that provides services in New York and the Northeast. Terms of the acquisition were not disclosed, but the transaction will increase ePlus’ regional footprint. “Acquiring SMP strengthens our [...]
Reston civil engineering firm to buy Herndon company
Reston-based civil engineering company Bowman Consulting Group Ltd. announced Friday it will acquire Herndon-based engineering firm KTA Group Inc. Financial terms of the acquisition were not disclosed. Founded in 1989, KTA provides engineering, mechanical, electrical and plumbing services, which will broaden Bowman’s civil engineering offerings, according to a company statement. “The addit[...]
Northrop Grumman to sell IT, mission support biz for $3.4B
Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. announced late Monday that it will sell its federal IT and mission support services business for $3.4 billion in cash to Herndon-based national security contractor Peraton, a Veritas Capital affiliate. This year, the Northrop Grumman business unit is expected to generate approximately $2.3 billion […]
ManTech wins $273M Homeland Security contract
The U.S. Department of Homeland Security awarded Herndon-based ManTech, a technology contractor for U.S. defense, intelligence and federal civilian agencies, a five-year, $273 million contract to provide business intelligence support services for Customs and Border Protection (CBP), the company announced Thursday. Under the contract, ManTech will perform services that prevent crime and terrorism, [...]
These 16 Va. companies received $10M PPP loans
The U.S. Small Business Administration on Tuesday released additional information about all approved borrowers from its $659 billion Paycheck Protection Program (PPP) small business relief program, this time including exact company names, loan amounts, addresses and other information. Previously, the government in early July had released an incomplete list of recipients, including only ranges of[...]
Herndon’s K12 Inc. reports ransomware attack
Herndon-based online education provider K12 Inc. announced Tuesday that the company was the victim of a ransomware attack that may have compromised its corporate back office systems. “We do believe that the attacker accessed certain parts of our corporate back office systems, including some student and employee information on those systems, but it will take […]