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KeyBank parent company to buy McLean data firm
Cleveland, Ohio-based financial services company KeyCorp announced Tuesday it will acquire McLean-based AQN Strategies LLC, a data and analytics firm focused on financial services established by Ben Sabloff and Nigel Morris, co-founder of Capital One and fintech venture capital firm QED Investors. Financial terms of the transaction were not disclosed. Sabloff will serve as KeyCorp’s [&hellip[...]
Alion wins $89M Air Force task order
The U.S. Air Force awarded McLean-based defense contractor Alion Science and Technology Corp. an $89 million task order to provide engineering, research and development and test and evaluation services, the company announced Friday. Under the task order, Alion will focus on software and data integration, coordination, knowledge management and information sharing of systems and subsystems […[...]
Capital One taps new board members from Facebook, Nike
McLean-based Capital One Financial Corp. announced Tuesday the addition of two new members to its board of directors: Ime Archibong, head of new product experimentation at Facebook Inc., and Craig Williams, president of Jordan Brand at Nike Inc. Archibong and Williams have been appointed to fill two new seats on the board, and will stand […]
Altamira Technologies names new CEO
McLean-based Altamira Technologies Corp. announced Friday it has hired Jane Chappell as its new CEO. Chappell most recently worked for Raytheon Corp. as vice president of its global intelligence solutions mission area of its intelligence, information and services business. She succeeds retiring Altamira CEO Ted Davies. “Jane’s executive leadership and lifelong commitment to the national [...]
Maximus acquires Attain fed biz for $430M
Reston-based government services company Maximus announced Monday it has acquired the federal division of McLean-based Attain LLC for $430 million. With more than 30,000 employees worldwide and $2.8 billion in 2019 revenues, Maximus promotes itself as the nation’s largest Medicaid enrollment administrator. The company was founded in 1975 and provides business process management and technolog[...]
Booz Allen wins $190M contract from Navy
McLean-based Booz Allen Hamilton has been awarded a five-year $190 million task order supporting communications, networking and computing systems for the U.S. Navy, the Department of Defense announced Tuesday. The Fortune 500 global management consulting company will receive $33.1 million up front for the first year of the contract at the Naval Information Warfare Center, […]
McLean satellite operator eyes Chapter 11 emergence
McLean-based satellite operator Intelsat Corp. announced Friday it has the support of creditors to financially restructure under Chapter 11 bankruptcy, which would decrease the company’s debt from nearly $15 billion to $7 billion. “Today’s filings and the significant consensus already achieved on the plan pave the way for the company’s emergence from the Chapter 11 […]
Booz Allen names national security biz senior VP
McLean-based Fortune 500 global management consulting company Booz Allen Hamilton Inc. announced Friday it has hired Maisha Glover as a senior vice president and market strategy leader in the firm’s national security business. With more than 25 years of experience, Glover most recently served as a senior client development adviser in the public sector practice […]
McLean-based NuWave merges with Md. firm to form AI company
McLean-based federal technology contractor NuWave Solutions LLC and Columbia, Maryland-based PCI Strategic Management announced Tuesday the companies have merged to form BigBear.ai. NuWave CEO Reggie Brothers will become CEO of BigBear.ai and Sean Battle, former co-founder and CEO of PCI, will serve as vice chairman and chief strategy officer. Financial terms of the merger were […]
McLean tech contractor acquires Fairfax firm
McLean-based tech contractor IntelliBridge Inc. announced Monday it has acquired Fairfax-based tech company Alethix LLC. Financial terms of the transaction were not disclosed, but the acquisition will add DevSecOps and cloud services to IntelliBridge (which is backed by Enlightenment Capital), and also expand its clientele to include homeland security, federal-civilian and defense agencies. Founde[...]
Dovel Technologies executive chairman to retire
McLean-based federal contractor Dovel Technologies announced Monday that Paul Leslie will retire as executive chairman and Sudhakar Kesavan will join the company as chairman of the board in March. Leslie served as Dovel’s CEO for more than eight years, during which the company focused on the federal health and civilian markets. During his tenure, Leslie […]
Gannett to refinance $1.05B in debt
McLean-based Gannett Co. Inc., the largest newspaper publisher in the U.S., announced Monday it will refinance $1.05 billion in debt to lower its interest rates and extend maturity on outstanding debt. Gannett, which has struggled financially during the pandemic, in November 2020 announced it had refinanced approximately $500 million in debt to more quickly repay […]
