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Herndon tech company gets $184M IRS contract
Herndon-based cloud services provider ViON Corp. has been awarded a $184 million contract with the Internal Revenue Service, the company announced Wednesday. ViON will perform work under the IRS‘s Managed Infrastructure Data Service program. It will provide managed services to reengineer, maintain and operate the IRS’s storage and compute infrastructure environment with on-site, infras[...]
Alexandria’s SPA lands $185M contract for Defense Threat Reduction Agency
Alexandria-based Systems Planning and Analysis Inc. (SPA) has signed a contract with the Defense Threat Reduction Agency, the company announced Tuesday. The $185 million contract will be for research, development, test and evaluation subject matter expertise advisory and assistance support, according to a news release from SPA. The work will be performed at Fort Belvoir, […]
Arlington’s Sage Management acquired by S.C. firm
Sage Management, an Arlington-based telecommunications software company, has been acquired by Charleston, South Carolina-based SIB Fixed Cost Reduction, SIB parent company O2 Investment Partners announced Tuesday. Financial details of the transaction were not disclosed. “Sage introduces a new adjacency that transforms SIB’s telecom cost-reduction capabilities,” SIB CEO Kevin Flounder[...]
PAE wins $74.2M contract to support Marine base in Japan
Falls Church-based defense and government services contractor Pacific Architects and Engineers Inc. (PAE) was awarded a potential $74.2 million contact to run base operating support services at U.S. Marine Corps Air Station Iwakuni, Japan, providing maintenance and repair services for base facilities, grounds and family housing, including custodial services and wastewater operations. The contract [...]
Intrepid Solutions acquires defense contractor Darkblade Systems
Herndon-based intelligence contractor Intrepid Solutions and Services LLC has acquired Darkblade Systems Corp., a Winchester-based federal defense contractor, it announced Wednesday. Financial details of the transaction were not disclosed. Intrepid CEO Ryan Hebert said in a statement: “Welcoming Darkblade Systems into the Intrepid family is a transformative moment for us, and one that will great[...]
NoVa housing market remains hot
Northern Virginia is continuing to see high levels of housing activity, a trend also taking place around the state and around the country. In an April 13 news release, the Northern Virginia Association of Realtors (NVAR) states that March saw a 54% month-over-month increase in new contract activity in the region, with 2,781 new pending […]
Metro committee approves $4.7B budget for FY2022
With an injection of federal funding, Metro will be able to maintain current service and accelerate repairs on the public transportation system. On Thursday, the Metro Board of Directors’ Finance and Capital Committee approved a $4.7 billion operating and capital budget for fiscal year 2022, which begins July 1. The full board is expected to […]
Virginia sees major housing inventory shortage
Across Virginia and the nation, real estate experts are singing the same tune: We’re facing a major housing inventory shortage that shows no signs of letting up soon. “Inventory is down about 44% compared to a year ago and it’s about a third of what it was five years ago,” says Lisa Sturtevant, chief economist […]
Dark fiber optic network coming to NoVa
A new 680-mile, regional fiber optic network will begin to take shape in Northern Virginia during the second half of 2021. The project is a joint venture between Annandale-based Tenebris Fiber, Kansas-based Diode Ventures and New York-based JLC Infrastructure. Construction on the new dark fiber network will begin later this year, the companies said, starting […]
New Metro railcars set to be built in D.C. region
Metro’s new fleet of railcars will be built in the Washington, D.C., region, the Washington Metropolitan Area Transit Authority announced Wednesday. Hitachi Rail Washington LLC, an entity related to Japanese manufacturer Hitachi, has been awarded a contract worth up to $2.2 billion to build up to 800 railcars. The base order for the system’s 8000-series […]
February activity signals busy spring for NoVa home sales
The pace and price of home sales in Northern Virginia likely signal a busy spring for the real estate sector, according to the Northern Virginia Association of Realtors (NVAR). In a news release, the association states the average February sale price was 100.2% of the listing price. The total dollar volume of the region in […]
Metro awards $179M contract to replace escalators
Metro will begin replacing 130 escalators in 32 stations in May, Washington Metropolitan Area Transit Authority (WMATA) announced Tuesday. The transportation authority that runs the Metrorail and Metrobus lines in the Washington area has awarded a $179 million, seven-year contract to KONE, a Finnish elevator and escalator company with its U.S. headquarters in Illinois. Metro’s […]
