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Gannett sells business media, marketing subsidiary
McLean-based Gannett Co. Inc., the nation’s largest newspaper publisher, sold its business media and B2B marketing subsidiary, BridgeTower Media, to Los Angeles-based middle-market private equity firm Transom Capital Group, the company announced last week. Financial terms of the sale were not disclosed. Through more than 40 digital and print brands, BridgeTower Media provides media and [&hel[...]
Mitre tech foundation launches 5G consortium
McLean-based The Mitre Corp. announced Tuesday that its tech foundation, Engenuity, has launched a consortium with a goal of bringing together government, industry and academic institutions to advance innovations in 5G technology. The Open Generation Consortium’s founding members are Ericsson, Nokia Corp., Verizon, Altiostar, First iZ, Hush Aerospace, Kittyhawk, CTIA – The Wireless Associa[...]
Gannett division acquired by Silicon Valley CRM developer
Silicon Valley-based customer relationship management developer SugarCRM announced late last week it had acquired New Jersey-based W-Systems, a division of McLean-based Gannett Co. Inc.’s UpCurve, which it acquired in 2019. Financial terms of the deal were not disclosed. Under the acquisition, SugarCRM will expand its implementation services for its artificial intelligence-powered sales, m[...]
Cincinnati consulting firm buys McLean tech contractor
Cincinnati-based engineering, consulting and technical services company Belcan LLC announced late last week it has acquired McLean-based tech contractor Telesis Corp. Financial terms of the acquisition were not disclosed. This marks Belcan’s 15th acquisition under its ownership by AE Industrial Partners LP, a private equity firm that specializes in aerospace, defense and government service[...]
DynCorp wins $352M contract to support California wildfire control
The California Department of Forestry and Fire Protection (CAL FIRE) awarded McLean-based DynCorp International a potential five-year, $352 million contract to provide depot-level aircraft maintenance services to support the department’s wildfire control operations, the company announced Thursday. Under the contract, DynCorp will help CAL FIRE maintain its fleet of 57 fixed-wing vehicles. Wo[...]
McLean staffing firm opens first Canadian office
McLean-based staffing company Digital Intelligence Systems LLC (DISYS) announced Tuesday it has opened its first Canadian office in Ontario. DISYS has been doing business in Canada since 2014, but this will be the company’s first physical office in the Great White North. “Having a physical location in a prestigious area of downtown Toronto will give […]
McLean defense contractor announces brand name change
McLean-based defense contractor E3/Sentinel LLC announced Monday it will operate under a new brand name, Avantus Federal. “This is a significant milestone for our organization and highlights our capabilities, our growth and our commitment to both our clients and our employees,” Avantus Federal CEO Andy Maner said in a statement. “Our unification to Avantus Federal […]
McLean tech company buys D.C.-based firm
McLean-based information technology company Ntiva Inc. announced Thursday it has acquired Washington, D.C.-based eGuard Technology Services. Financial terms of the transaction were not disclosed. Ntiva provides managed IT, cloud hosting, cybersecurity, communications and strategic IT consulting services, while eGuard monitors, maintains and secures customer IT infrastructures through a single poin[...]
GTT Communications to sell infrastructure division for $2.15B
McLean-based telecommunications company GTT Communications Inc., which provides high-speed internet and cloud networking services to more than 144 countries, announced Friday it will sell its infrastructure division to Miami, Florida-based I Squared Capital for $2.15 billion. Under the definitive purchase agreement, I Squared Capital would obtain GTT’s Pan-European, North American, subsea an[...]
EY names five Virginians as mid-Atlantic entrepreneurs of the year
Virginia businesspeople took home five of the 12 Entrepreneur of the Year Mid-Atlantic Awards announced last week by multinational professional services company Ernst & Young LLP. The Virginia winners for the 2020 Entrepreneur of the Year Mid-Atlantic Award were: 3Pillar Global Inc. | David DeWolf, Fairfax HUNGRY Marketplace | Jeff Grass and Shy Pahlevani, Arlington […]
McLean defense contractor wins $71M Air Force space task order
The U.S. Air Force awarded McLean-based defense contractor Alion Science and Technology Corp. a $71 million task order to help the branch’s research laboratory (AFRL) develop space, electromagnetic and information technologies for potential national security use, the company announced Monday. Under the task order, Alion will provide research, development, test and evaluation services to the [...]
Air Force awards McLean company $40M contract
The U.S. Air Force awarded McLean-based defense contractor Alion Science and Technology Corp. a $40 million contract to provide information technology and cybersecurity services, the Department of Defense announced Wednesday. Under the contract, Alion will provide services including enterprise protection risk management to mitigate the compromise, loss, unauthorized access/disclosure, destruction,[...]
