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McLean

Avantus Federal acquires N.C. tech firm
May 11, 2022

Avantus Federal acquires N.C. tech firm

Avantus Federal has acquired North Carolina-based tech contractor Far Ridgeline Engagements (FRLE), the McLean-based IT defense contractor announced last week. Financial details of the transaction were not disclosed. “For almost 15 years, Far Ridgeline Engagements has earned eminence by maintaining a strong focus on providing solutions to our nation’s special operations and intelligence mi[...]

Clark Construction to expand in NoVa
May 10, 2022

Clark Construction to expand in NoVa

Bethesda, Maryland-based Clark Construction Group LLC, the general contractor for several phases of Amazon.com Inc.’s HQ2, announced plans Tuesday to expand the company’s footprint in the mid-Atlantic region, including building a 128,000-square-foot office in McLean. The office will be at 7900 Westpark Drive in Fairfax County, and will “provide a modern and collaborative hub for [...]

Federal Contractors | Technology
May 10, 2022

McLean-based Appian wins $2B verdict in trade secrets lawsuit

Appian Corp., a cloud computing firm based in McLean, won $2.03 billion — an amount estimated to be the largest award in Virginia state court history — in a trade secrets verdict against a competitor Monday in Fairfax County Circuit Court. Appian sued Massachusetts-based Pegasystems Inc. and an individual, Youyong Zou, in May 2020, alleging […]

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May 9, 2022

McLean-based Intelsat names new execs

McLean-based Intelsat Corp. has named four new executives. Anthony “Toby” O’Brien will become the satellite provider’s next chief financial officer, after having served in the role for five years with Raytheon Co., Intelsat said in a news release May 5. Michael DeMarco will become the company’s new chief commercial officer, after having served as chief […]

Booz Allen Hamilton logo
Apr 15, 2022

Booz Allen to sell Middle East/N. Africa biz

New York-based management consulting firm Oliver Wyman announced last week that it has entered an agreement to acquire McLean-based Fortune 500 global management consultant Booz Allen Hamilton Inc.’s business serving the Middle East and North Africa (MENA) region. Financial terms of the transaction, which is expected to close this year, were not disclosed. Oliver Wyman […]

Intelsat donates space artifact to Smithsonian
Apr 4, 2022

Intelsat donates space artifact to Smithsonian

McLean-based satellite operator Intelsat Corp. has donated the launch backup of the first commercial communications satellite in geosynchronous orbit to the Smithsonian’s National Air and Space Museum. The company donated the ground spare of the Intelsat 1 satellite, also known as Early Bird. Intelsat 1 was launched on April 6, 1965, and is now inactive […]

Skanska tops out mixed-use building in McLean
Mar 29, 2022

Skanska tops out mixed-use building in McLean

Heming at 1800 Chain Bridge Road, a 28-story mixed-use building in McLean, has now been “topped out,’  Skanska announced March 23. Representatives from Skanska, CallisonRTKL, IMEG Corp., and Skanska’s construction partners commemorated the construction milestone  by signing a steel beam and placing it at the highest structural feature of the building, a celebration referred to [...]

McLean medical office building refinanced with $20M loan
Mar 25, 2022

McLean medical office building refinanced with $20M loan

Toronto-based commercial real estate firm Avison Young announced Wednesday that its debt and equity finance team had arranged a $20 million loan to refinance a medical office building in McLean. Built in 1985, the three-story, 47,000-square-foot medical office building is located at 1420 Beverly Road. A partnership between Stewart Investment Partners and Chestnut Funds owns […]

Mar 16, 2022

Booz Allen to acquire Reston-based cyber firm

McLean-based global management consultant Booz Allen Hamilton Inc. announced Wednesday that it plans to acquire EverWatch, a Reston-based government solutions contractor. Terms of the deal were not disclosed. The deal will allow Booz Allen to speed delivery of classified software development and analytics capabilities for national security clients and complements its artificial intelligence and c[...]

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Mar 8, 2022

Intelsat names new CEO

McLean-based satellite operator Intelsat has named David Wajsgras its next CEO. Wajsgras will take over from Stephen Spengler effective April 4, according to a company announcement. Spengler announced his retirement from Intelsat in October 2021. According to his LinkedIn account, Wajsgras has worked at Pine Island Capital Partners and served as president of the global, […]

Feb 28, 2022

McLean satellite operator emerges from bankruptcy

McLean-based satellite operator Intelsat Corp. announced on Feb. 23 that it has emerged from its financial restructuring process nearly two years after filing for Chapter 11 bankruptcy. The company’s debt has been reduced from nearly $16 billion to $7 billion, according to a news release. Intelsat obtained $6.7 billion in new financing. The company has […]

Guidehouse, a PricewaterhouseCoopers spinoff, is building a Tysons headquarters for at least 1,550 employees. Rendering courtesy Guidehouse
Feb 27, 2022

A hybrid solution

Guidehouse’s leadership had in mind many of the perks that some employees now demand when the global management consulting firm began its search for a new headquarters in 2019. Those included more flexible spaces, access to the outdoors, and technologies to support remote work and meetings. The firm also was growing. With a substantial workforce […]

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