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EU approves $36B Mars-Kellanova buy; deal to close this week
McLean-based candy and pet care giant Mars has received the European Union's blessing to acquire Kellanova, maker of Pringles, Cheez-Its and other snacks, in a $36 billion deal.
TTR Sotheby’s reshapes executive team
TTR Sotheby’s International Realty names a new CEO and president and COO as longtime leader Mark Lowham becomes chairman.
HEARD AROUND VIRGINIA: December 2025
McLean government tech contractor BigBear.ai announced in early November it has entered into a definitive agreement to acquire Warren County startup Ask Sage for $250 million. Ask Sage is a fast-growing, secure generative artificial intelligence platform tailored for defense and national security. BigBear.ai expects the acquisition to close in the late fourth quarter of 2025 […]
FDIC files counterclaim against Capital One in special assessment case
This week the Federal Deposit Insurance Corp. filed a counterclaim against McLean-based bank Capital One, National Association, which is suing the FDIC for its 2023 special assessment of $474 million against the bank.
Bogart Wealth announces new COO
McLean-based Bogart Wealth has appointed Allen Eickelberg as its chief operating officer.
Booz Allen Hamilton to relocate global HQ to Reston
Booz Allen Hamilton announced Monday that it is relocating its global headquarters from McLean to a newly constructed facility in Reston.
Global Guardian acquires UK risk management company
Global Guardian announced last week that it has acquired UK-based Solace Global Risk, a travel risk management company.
BigBear.ai to acquire Warren County-based AI company for $250M
McLean-based government tech contractor BigBear.ai announced this week that it has entered an agreement to acquire Ask Sage for $250 million.
Booz Allen Hamilton announces new round of layoffs
Booz Allen Hamilton is initiating another round of layoffs amid declining revenues in its most recent quarter.
Xcelerate Solutions acquires Maryland software company
McLean-based national security company Xcelerate Solutions announced Tuesday that it acquired software development company clearAvenue.
Ex-Mars executive pleads guilty to $28M fraud scheme
BRIDGEPORT, Conn. (AP) — A former executive for a subsidiary of candymaker Mars Inc. pleaded guilty Thursday to fraud and tax charges in connection with his theft of $28 million from the company, federal prosecutors said. Paul Steed, 58, appeared in federal court in Bridgeport, Connecticut. He also agreed to pay $28.4 million in restitution to Mars […]
Kettler names president of development
Real estate developer Kettler announced on Monday that real estate executive James Nozar has joined the firm as president of development
