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Palo Alto Networks to acquire McLean tech firm for $265M
California-based cybersecurity powerhouse Palo Alto Networks announced Tuesday that it has entered into a definitive agreement to acquire The Crypsis Group, a McLean-based incident response, risk management and digital forensics consulting firm, in a $265 million, all-cash transaction. The firm’s CEO, Bret Padres, will join Palo Alto Networks. The Crypsis Group currently operates as part [&h[...]
McLean company lands $896M Navy contract
The U.S. Navy awarded McLean-based defense contractor Alion Science and Technology Corp. an $896 million contract to provide an integrated program to deliver a multidomain live, virtual and constructive training platform. The contract was awarded through the Naval Sea Systems Command (NAVSEA) SeaPort-NxG multiple award contract, with a one-year base period and four option years. […]
Mitre Corp. names VP integration, operations
McLean-based The Mitre Corp. (MITRE) has hired Charles “Pete” Leroy as vice president of integration and operations within its public sector division, the McLean-based nonprofit research and development organization for the federal government announced Tuesday. With more than two decades of experience, Leroy most recently served as chief of staff, military and veterans’ health, for [&hel[...]
Capital One fined $80M for 2019 data breach
Federal bank regulator the Office of the Comptroller of the Currency announced Thursday it has fined McLean-based Capital One Financial Corp $80 million for what it calls unsafe and unsound information technology practices tied to computing operations in its cloud environment. Capital One is the largest bank in Virginia, according to 2019 deposits. In 2019, […]
McLean satellite provider names VP global government affairs, policy
McLean-based communications satellite services provider Intelsat Corp. announced Monday it has hired Peter B. Davidson as vice president of global government affairs and policy. Davidson was most recently the deputy dean for strategic initiatives and an assistant professor at George Mason University’s Antonin Scalia Law School. In his new role, he will lead development of […]
OneWeb co-acquired by Maryland-based Hughes
Germantown, Maryland-based Hughes Network Systems LLC has joined a coalition with the United Kingdom government and Bharti Enterprises Ltd. of India to acquire London-based OneWeb, which has its U.S. headquarters in McLean, out of bankruptcy. Hughes invested $50 million in the coalition to acquire OneWeb, which has plans to launch a constellation of 650 low […]
McLean company to send six satellites into orbit
Los Angeles-based aerospace manufacturer Relativity Space announced Wednesday that McLean-based Iridium Communications Inc. has signed a contract to deliver up to six of Irdium’s satellites into orbit. Iridium currently operates a network of 66 satellites used for mobile voice and data communications. A contract amount was not disclosed. The launches will take place on an […]
Gannett’s Rugged Races subsidiary to host virtual runs during pandemic
While large events have been canceled amid the pandemic, Rugged Races, a subsidiary of McLean-based Gannett Co. Inc. (the nation’s largest newspaper publisher), announced Monday it has signed a licensing agreement with Warner Bros. Entertainment Inc. to produce virtual runs with superhero and comic book characters. “Unlike a traditional road race where thousands of people […]
MITRE names five to new advisory board
The Mitre Corp. (MITRE) has named five members to its newly established Center for Technology & National Security (CTNS) board, the McLean-based nonprofit research and development organization announced Monday. The center links MITRE with senior government officials for research and development purposes. Advisory board members help to guide the center’s efforts in providing research, a[...]
Gannett eliminates CEO position for operating company
McLean-based Gannett Co. Inc., the nation’s largest newspaper publisher, announced Friday that its board of directors has decided to eliminate the CEO position for Gannett Media Corp., its operating company. The decision results in the departure of Paul Bascobert, who had joined the company in August 2019. Gannett Chairman and CEO Michael Reed has assumed […]
SOSi invests in AppTek for AI, machine learning capabilities
Reston-based defense and government contractor SOS International LLC (SOSi) announced Thursday it has made a non-controlling investment in McLean-based software company Applications Technology (AppTek) to develop artificial intelligence and machine learning for its speech recognition and translation service offerings. A transaction amount was not disclosed. SOSi will be the exclusive reseller of[...]
McLean-based Mars Inc. to change Uncle Ben’s rice brand
After weeks of racial inequity protests and the removals of Confederate monuments across the United States, McLean-based global food product manufacturer Mars Inc. announced Wednesday it is “evaluating all possibilities” for changing the branding on its Uncle Ben’s rice products. Uncle Ben’s has been branded with an image of a black man since 1946, according […]
