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McLean

Virginia firm to build $200M White House ballroom co-funded by Trump
Jul 31, 2025

Virginia firm to build $200M White House ballroom co-funded by Trump

The White House announced Thursday that it would add a $200 million, 90,000-square-foot ballroom to the people's mansion — with McLean's Clark Construction leading the building team.

Mars to pump $2B into U.S. manufacturing
Jul 30, 2025

Mars to pump $2B into U.S. manufacturing

Mars announced on Tuesday that it plans to invest $2 billion in its U.S. manufacturing operations throughout the country by the end of 2026.

SES Space & Defense announces new CEO
Jul 22, 2025

SES Space & Defense announces new CEO

Reston-based satellite company SES Space & Defense announced Tuesday that it has appointed David Broadbent as president and CEO.

SES completes $3.1B Intelsat purchase
Jul 17, 2025

SES completes $3.1B Intelsat purchase

SES announced Thursday that it has completed its $3.1 billion acquisition of McLean-based satellite services provider Intelsat.

Image by Depositphotos
Jun 27, 2025

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.

In a June 25, 2025, decision, the European Commission will conduct an investigation of the Mars-Kellanova blockbuster deal. Photo courtesy Depositphotos
Jun 25, 2025

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

Mars announced plans to purchase Kellanova, whose products include Pringles, Eggo and Pop-Tarts, for $35.9 billion on Aug. 14, 2024. Image courtesy Kellanova
Jun 24, 2025

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
Jun 23, 2025

Raft acquires N3bula Systems for undisclosed amount

McLean-based defense technology company Raft announced last week it has acquired weapons technology developer N3bula Systems.

The EY 2025 Entrepreneur of the Year mid-Atlantic regional winners for 2025. Photo courtesy Ernst & Young
Jun 20, 2025

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.

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May 23, 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. 

Mars announced plans to purchase Kellanova, whose products include Pringles, Eggo and Pop-Tarts, for $35.9 billion on Aug. 14, 2024. Image courtesy Kellanova
May 20, 2025

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. 

Federal courthouse photo by AdobeStock
May 19, 2025

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.

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