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22nd Century Technologies adds 880 jobs in Virginia
22nd Century Technologies plans to invest $1 million to expand its headquarters in Fairfax County and offices across Virginia.
EU opens investigation into $35.9B Mars-Kellanova merger; FTC approves deal
The European Union's antitrust watchdog organization has opened an in-depth investigation into Mars' proposed $35.9 billion acquisition of Kellanova
Report: EU set to launch antitrust probe of $35.9B Mars-Kellanova deal
The European Union's antitrust watchdog is expected to launch a full-scale investigation into Mars' $35.9 billion acquisition of Kellanova.
Raft acquires N3bula Systems for undisclosed amount
McLean-based defense technology company Raft announced last week it has acquired weapons technology developer N3bula Systems.
EY names 5 Virginians Mid-Atlantic Entrepreneurs of the Year
Five Virginia business leaders have been named winners of Ernst & Young LLP’s Mid-Atlantic Entrepreneur of the Year Award for 2025.
Booz Allen CEO says 7% of employees to be laid off
McLean-based Fortune 500 management consulting business Booz Allen Hamilton will lay off 7% of its 35,800-employee workforce, mainly in its civil division, Chairman, CEO and President Horacio Rozanski said Friday during an earnings call.
EU regulators to decide on Mars-Kellanova merger in June
Antitrust regulators with the European Union have set a June 25 deadline to decide whether to approve McLean-based candymaker and pet care giant Mars' $35.9 billion acquisition of snack producer Kellanova, announced last August.
Capital One proposes $425M lawsuit settlement
On Friday, just before closing the $35.3 billion acquisition of Discover Financial Services, Capital One Financial came to settlement terms with customers who were suing the McLean bank. If the agreement is approved by a federal judge, Capital One will pay $425 million to plaintiffs.
UPDATE: $35B Capital One-Discover merger closes
McLean-based Capital One Financial is scheduled to close on its $35.3 billion acquisition of Discover Financial Services on Sunday, finalizing the merger of the credit card giants announced last year.
Tyto Athene acquires StackArmor to boost cyber compliance, cloud capabilities
Tyto Athene acquired StackArmor to expand its cyber compliance and cloud capabilities for government clients.
ServicePower acquires French tech company
McLean-based field service management software company ServicePower announced last week it had acquired France-based technology company Inveniam.
Booz Allen lands contracts totaling $1.2B
In the span of a week, McLean-based Fortune 500 management consulting contractor Booz Allen Hamilton won multiple contracts totaling over $1.2 billion.
