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HII announces more than $1.8B in contracts
Newport News-based Huntington Ingalls Industries Inc. on Tuesday announced more than $1.8 billion in contracts awarded to its mission technologies and shipbuilding divisions. The company’s McLean-based Mission Technologies was awarded a $1.3 billion U.S. African Command Personnel Recovery Enterprise Services and Solutions (PRESS) task order, which has a one-year base period with up to six [&[...]
Mars to acquire Colorado pet care company for $1.2B
McLean-based global candy and pet food manufacturer Mars Inc. has entered into a definitive agreement to acquire Loveland, Colorado-based veterinary diagnostic and specialty product provider Heska Corp. in a deal valued at $1.2 billion, or $120 per share, the companies announced Monday. Heska will join Mars Petcare, expanding its science and diagnostics division. “This transaction […]
McLean startup raises $75M for air taxi network
Fritz Lang’s 1927 film “Metropolis” predicted cities with flying cars, while Hanna-Barbera followed that vision 35 years later with “The Jetsons” and its commuter “skyways.” Now, however, air taxis are close to becoming reality. The industry could generate up to $16 billion in new business investments in Virginia and carry as many as 66 million […]
Hilton CEO Nassetta to chair U.S. Travel Association
The U.S. Travel Association elected Christopher J. Nassetta, president and CEO of McLean-based Hilton Worldwide Holdings Inc., as its national chair. The Washington, D.C.-based association, which represents the interests of more than 1,000 industry organizations, announced Nassetta’s election Thursday. As national chair, he will lead the association’s executive board and board of deleg[...]
Report: Capital One cuts 1,100 jobs
According to a report Friday in Bloomberg, McLean-based Capital One Financial Corp. eliminated more than 1,100 technology positions this week. The McLean-based Fortune 500 banking company confirmed in a statement that it has cut jobs but declined to disclose how many and where. “These associates are located throughout our footprint,” a spokesperson said by email […]
GTT Communications emerges from Chapter 11
McLean-based GTT Communications Inc. has completed its financial restructuring process and emerged from Chapter 11 cases, the telecommunications company announced Jan. 3. “The transformed company is repositioned to focus on providing customers with industry-leading managed network and cloud security services that leverage the company’s global Tier 1 IP network,” GTT wrote in a ne[...]
Fairfax solar/roofing contractor aims to add 400+ jobs
McLean-based solar energy and roofing contractor SmartRoof is relocating to Reston, with plans to add 410 jobs during the next five years, Gov. Glenn Youngkin announced Monday. Founded in 2006, SmartRoof is a residential and commercial roofing contractor that also offers solar energy systems. It serves customers in Northern Virginia, Maryland, Washington, D.C., Eastern Pennsylvania, […]
CNSI to merge with Tenn. health services company
McLean-based health information technology provider CNSI and Nashville, Tennessee-based health care management tech company Kepro have agreed to merge, the two firms announced Wednesday. The combined company will provide government-sponsored health care agencies and payers with clinical services, provider management, health claims, processing and health analytics services. The merger is expected t[...]
Conways make $13M donation to VCU nursing school
McLean philanthropists Joanne and William E. Conway Jr. have given $13 million to Virginia Commonwealth University’s School of Nursing, the university announced Monday. The gift is the largest in the school’s history and will provide more than 1,000 undergraduate and doctoral students with scholarships over the next five years. Bill Conway is co-founder, interim CEO […]
Appian appoints new chief revenue officer
McLean-based cloud computing firm Appian Corp. has named Christopher Jones to serve as chief revenue officer. Jones will lead the company’s sales operations and report directly to Appian CEO Matt Calkins. “Appian has built a leadership position in the low-code industry through superior technology and a compelling vision to empower organizations and individuals,” Jones said in […]
Federal Contractors/Technology: TODD STOTTLEMYER
The head of health information technology company CNSI since 2018, Stottlemyer remained CEO after the company changed hands in December 2021. Washington, D.C.-based private equity firm The Carlyle Group purchased CNSI, which was founded in 1994 as Client Network Services Inc., for an undisclosed amount. CNSI processes medical claims, billing and health benefits for Medicaid […]
DISYS acquires Illinois-based MAKE Corp.
McLean-based staffing firm Digital Intelligence Systems LLC (DISYS) has agreed to acquire MAKE Corp., an Illinois-based information technology staffing company, according to a news release. The move is part of DISYS’ growth strategy and will allow the company to expand staffing offerings in banking and financial services, health, manufacturing and retail, the company said. Terms of [&hellip[...]
