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McLean’s 22nd Century Technologies acquires Reston-based BT Federal
22nd Century Technologies has completed its acquisition of BT Federal, expanding managed network services for U.S. government clients.
Virginia Supreme Court orders new trial in $2B Appian-Pega case
The Virginia Supreme Court ordered a new trial in a $2 billion trade secrets lawsuit involving McLean-based software company Appian, which sought to reinstate its 2022 jury award from Massachusetts-based Pegasystems.
ID.me wins potential $1B IRS contract
ID.me wins an IRS blanket purchase agreement valued at up to $1 billion for ID verification and authentication.
BigBear.ai completes $250M Ask Sage purchase
BigBear.ai announced Wednesday that it has completed its $250 million acquisition of Ask Sage, a Warren County-based company.
Booz Allen triples venture capital fund
Booz Allen Hamilton, a Fortune 500 government contractor based in McLean, has tripled its venture capital commitment with the intent to invest in more defense tech companies. Booz Allen announced in 2022 its first commitment of $100 million to 17 companies, including Vienna-based Corsha and Rosslyn-based Shift5. The company’s first VC round focused on deep […]
Booz Allen CFO leaving in February
Booz Allen Hamilton Chief Financial Officer Matthew Calderone is leaving the Fortune 500 government contractor for a role at S&P Global.
Mars completes $36B Kellanova acquisition
McLean-based candy and pet care giant Mars announced Thursday that it has completed its $36 billion acquisition of Kellanova.
EU approves $36B Mars-Kellanova buy; deal to close this week
McLean-based candy and pet care giant Mars has received the European Union's blessing to acquire Kellanova, maker of Pringles, Cheez-Its and other snacks, in a $36 billion deal.
TTR Sotheby’s reshapes executive team
TTR Sotheby’s International Realty names a new CEO and president and COO as longtime leader Mark Lowham becomes chairman.
HEARD AROUND VIRGINIA: December 2025
McLean government tech contractor BigBear.ai announced in early November it has entered into a definitive agreement to acquire Warren County startup Ask Sage for $250 million. Ask Sage is a fast-growing, secure generative artificial intelligence platform tailored for defense and national security. BigBear.ai expects the acquisition to close in the late fourth quarter of 2025 […]
FDIC files counterclaim against Capital One in special assessment case
This week the Federal Deposit Insurance Corp. filed a counterclaim against McLean-based bank Capital One, National Association, which is suing the FDIC for its 2023 special assessment of $474 million against the bank.
Bogart Wealth announces new COO
McLean-based Bogart Wealth has appointed Allen Eickelberg as its chief operating officer.
