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19 Virginians are finalists for EY Mid-Atlantic Entrepreneur of the Year
Nineteen Virginia entrepreneurs are finalists for EY’s 2025 Mid-Atlantic Entrepreneur of the Year award, with winners to be announced June 18.
Savills announces new D.C.-region leaders
Amy Kaufman Brendler and Jon Glass have been appointed executive vice presidents and co-leads of commercial real estate brokerage Savills’ Washington, D.C., region, which includes the McLean office, the company announced Monday. Tom Fulcher, who was named mid-Atlantic region lead for Savills in 2021, will be stepping back from his regional leadership role, according to […]
Mitre-backed cybersecurity program gets last minute save
Federal contractor Mitre, which has dual headquarters in McLean and Massachusetts, expected Wednesday to lose the federal funding needed to operate and maintain its nearly 26-year-old Common Vulnerabilities and Exposures (CVE) program, but a last-minute reprieve from the Cybersecurity and Infrastructure Security Agency (CISA) has prevented that from happening. Established in September 1999, the CV[...]
Nasdaq holds off delisting Primis Financial until May decision
Nasdaq will wait for the results of a May hearing before delisting McLean-based bank holding company Primis Financial, the company said Monday. Primis Bank announced last week that it had received notice from the stock exchange April 3 that the company was out of compliance with one of Nasdaq’s rules that requires listed companies to […]
Guidehouse wins $250M hybrid Army contract
McLean-based consultancy Guidehouse has been awarded a $250 million hybrid contract from the U.S. Army for financial support services. The Department of Defense said bids for the hybrid firm-fixed-price and time-and-materials contract were solicited through the internet, and that two bids were received. Work locations and funding will be determined with each order, with an estimated […]
HII division awarded $133M Air National Guard contract
Huntington Ingalls Industries’ McLean-based Mission Technologies division won a $133 million contract by the U.S. Air National Guard to support and provide training for flying units. HII, which made the announcement Wednesday, said this will be accomplished through live, virtual and constructive training in a 10-year task order. Mission Technologies will provide expertise and staffing [&hell[...]
NoVa govcon firm Mitre to lay off 442 employees after DOGE cuts contracts
Federal contracting firm Mitre, which has dual headquarters in McLean and Massachusetts, expects to lay off 442 people in Virginia in two months. The cuts come after the Trump administration has announced more than $28 million in canceled contracts for the company. Mitre notified the state Wednesday of 442 job cuts in McLean, in compliance […]
Former exec of Mars candy subsidiary charged with stealing $28M from company
HARTFORD, Conn. (AP) — Before his arrest Wednesday, Paul Steed was a respected sugar market expert for a subsidiary of famed candymaker Mars Inc. He served on a U.S. trade advisory committee for sweeteners as well as on industry group boards, while giving presentations at conferences. Now Steed, of Stamford, Connecticut, is accused in a […]
HII division awarded $182M Air Force contract
Huntington Ingalls Industries’ McLean-based Mission Technologies division was awarded a five-year, $182 million task order to provide logistics support for U.S. Air Force F-16 pilot training devices, HII announced Thursday. The contract involves HII and subcontractor Trident Military Systems performing engineering maintenance for the Air Force’s Mission Tactics Trainer Training System [...]
Virginia Supreme Court to hear appeal of reversal of $2B judgment for Appian
The Supreme Court of Virginia has agreed to hear a petition from software company Appian, asking to reinstate a 2022 judgment worth about $2.04 billion in a trade secrets verdict against a competitor. It’s the latest turn in the battle between Appian, which is based in Fairfax County‘s McLean area, and rival Pegasystems. In 2022, […]
Trump family business sues Capital One for closing accounts in 2021
Just after Capital One escaped a federal watchdog lawsuit that was suddenly dropped last month, it’s back in legal hot water, this time courtesy of President Donald Trump’s family business. On March 7, multiple entities connected with the Trump Organization sued the McLean-based bank for terminating more than 300 Trump Organization bank accounts following the Jan. […]
Mitre names new chief HR officer
Not-for-profit research and development company Mitre has named April Castañeda as its new senior vice president and chief human resources officer. The company, founded in 1958 with a focus on national security and operating from dual headquarters in McLean and Bedford, Massachusetts, manages federally funded R&D centers. Castañeda started in the new role March 3 […]
