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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 […]
PSI lands $156M contract to support VA’s electronic health records push
The U.S. Department of Veterans Affairs has awarded Planned Systems International, which has its principal office in Arlington County, a $156 million contract to provide test and evaluation support for the VA Electronic Health Record Modernization Integration Office (EHRM-IO) program. The VA announced the award of the Independent Enterprise Testing and Support Services contract Monday […]
ASGN to acquire Chicago employment tech firm for $340M
Fortune 1000 IT and professional staffing services firm ASGN has signed a definitive agreement to acquire Chicago-based employment tech consultancy TopBloc for $340 million, the Henrico County-based company announced Tuesday. The transaction in cash and equity is expected to close in the first quarter of the year, subject to closing conditions. “The acquisition of TopBloc […]
Defense tech startups close major funding rounds
Venture capital firms are betting big on two Northern Virginia-based defense contracting startups that are promising high-tech solutions to military challenges. In August, McLean-based Defcon AI announced it had raised $44 million in seed funding led by San Francisco investment firm Bessemer Venture Partners. The same month, Parry Labs in Alexandria raised $80 million in […]
Leidos wins $331M Army IT contract
The U.S. Army has awarded a $331 million IT contract to Leidos to modernize its network, the Reston-based Fortune 500 federal contractor announced Monday. The Army Program Executive Office for Command, Control, Communications and Network (PEO C3N), formerly known as the PEO C3T, awarded the contract, which has a one-year base period of performance with […]
265 Va. companies make 2024 Inc. 5000 list
This year, 265 Virginia companies made the Inc. 5000 list of the nation’s 5,000 fastest-growing privately held companies, released Tuesday by Inc. magazine. Ranking at No. 53 overall, Ashburn IT services firm Blu Omega, a woman-owned small business founded in 2020, was the highest-ranking Virginia company on the list. Blu Omega’s clients include federal agencies […]
Reston software firm boosted by $60M investment
Raft, a Reston-based software engineering firm and government contractor, has received a $60 million investment from Washington Harbour Partners, a Washington, D.C.-based private investment firm. Founded in 2018, Raft will use the funds to “intensify its research and development efforts, significantly enhancing its command and control (C2) product offerings for the tactical edge,” acco[...]
Peraton lands $2.8B IT defense contract
Reston-based technology contractor Peraton received a $2.8 billion Special Operations Forces IT Contract (SITEC) 3 Enterprise Operations and Maintenance task order, the contractor announced Wednesday. The task order is to provide IT platform and network services to the U.S. Special Operations Command (USSOCOM), including its component commands, its theater special operations commands, deployed for[...]
2024 BEST PLACES TO WORK — MIDSIZE EMPLOYERS WINNER: Sriven Technologies
A lot of companies like to say they have a familylike atmosphere, but few seem as close as Ashburn-based Sriven Technologies, which has twice topped Virginia Business’ Best Places to Work small companies’ rankings, and this year leads the rankings of midsize employers for the first time. Sriven’s employees are so chummy with the company’s […]
McLean-based ARG announces new president, CEO
McLean-based IT consulting firm ARG has made several changes to its executive leadership, as its president and CEO retire and move to board memberships. ARG co-owner and former CEO Greg Praske is now chairman of the 2024-25 board of directors, and Steve Praske, ARG co-owner and former president, is vice chairman of the board, according […]
MindPetal to acquire VerticalApps
Vienna-based government contractor MindPetal has entered into an agreement to purchase Arlington County-based IT firm VerticalApps, the companies announced Tuesday. Financial details of the transaction were not disclosed. MindPetal and VerticalApps hope to become “a premier [artificial intelligence/machine learning] firm by accelerating intelligent automation and modernization programs with [...]
Wagner named CEO for Agile Defense
Reston-based Agile Defense, an IT solutions provider for national security customers and the U.S. Department of Defense, has named Rick Wagner as its new top executive. Wagner previously led Microsoft’s $5 billion federal arm until Candice Ling took over the role during the summer. Agile announced the leadership change in a news release Tuesday. Wagner […]
