Sign In
Free Newsletter
Reston-based IndraSoft wins $43M Army contract
Reston-based software company IndraSoft Inc. has been granted a $43 million contract from the U.S. Army Intelligence and Security Command (INSCOM) to enable data sharing and DevSecOps system integration, the company announced Monday. This contract will support the Army’s Maintenance of Enterprise Technologies and Applications (META) program. DevOps is a set of practices that automates […]
Herndon automotive tech company hires Google exec as CEO
Herndon-based automotive tech and consulting company Foundation Direct has named Peter Leto as CEO, the company announced Monday. Leto previously worked as head of industry for Google LLC’s Automotive Retail Sales and General Motors business units. Based in Detroit, Leto will work on expanding Foundation Direct’s footprint there. Leto was with Google for 11 years. […]
Leidos wins $7.7B Navy contract
Reston-based defense contractor Leidos has been awarded a $7.7 billion contract by the Naval Information Warfare Systems Command (NAVWAR) to operate and maintain shore-based networks and data management for several departments of the Navy, the company announced last week. NAVWAR is the Navy’s technical authority and acquisition command for its business IT and space systems. […]
SAIC set to acquire Unisys Federal for $1.2B
Science Applications International Corp. (SAIC) will acquire Unisys Federal for $1.2 billion, SAIC announced Thursday. Both companies are Reston-based, publicly traded federal contractors specializing in IT services. The transaction was approved by SAIC’s board of directors and the transaction is expected to close by May 1. Unisys Federal is an operating unit of Blue Bell, […]
Vienna e-commerce delivery company names CEO
Vienna-based e-commerce delivery company LaserShip has appointed Brett Bissell as its CEO, succeeding company co-founder Blake Averill, the company announced Wednesday. Bissell will be based in LaserShip’s Vienna headquarters and Averill will continue to serve on the company’s board of directors. He most recently comes from international supply chain company CEVA Logistics, where he was [&[...]
Leidos to acquire L3Harris Technologies’ security detection, automation biz for $1B
Reston-based government contractor Leidos will acquire L3Harris Technologies’ Security Detection and Automation businesses for $1 billion in cash in a deal that is expected to close in the second quarter of 2020, the company announced Tuesday. The boards of directors for both companies unanimously approved the transaction. Headquartered in Tewksbury, Massachusetts, and Luton, England, the [&hell[...]
Virginia Tech Innovation Campus names Cornell dean as executive director
Lance R. Collins, the Joseph Silbert Dean of Engineering at Cornell University, has been selected as the first vice president and executive director of Virginia Tech’s $1 billion Innovation Campus, which is set to open in Alexandria’s North Potomac Yard area in the fall. He will join Virginia Tech as of Aug. 1. The Innovation […]
Artificial intelligence firm opens U.S. headquarters in McLean
Belgium-based artificial intelligence platform developer and educator Omina Technologies has opened its new U.S. headquarters in McLean. Financial terms of the headquarters have not been released. Founded in 2016, Omina currently has an office in Miami. North America CEO Brian Alexander said in a statement that the company decided to locate its North America headquarters […]
Va.’s data center industry provided $4.5B in economic output in 2018
In 2018, Virginia’s data center industry directly provided approximately $4.5 billion in economic output and employed more than 14,000 people, according to a study released Wednesday commissioned by the Northern Virginia Technology Council’s Data Center and Cloud Committee. Despite the economic impact, however, Virginia’s data center incentive structure is one of the most restrictive in [...]
Realizing Dreams and Filling Jobs
This session, General Assembly members are considering a proposal that would help close the commonwealth’s skills gap by providing workforce scholarships to individuals without access to the community college education required to gain these skills. This proposal is a win-win-win: assisting students, growing businesses and developing our communities. We are describing Governor Ralph Northam’s [...]
Cybersecurity firm Expel adding 164 jobs in Fairfax
Expel Inc., a managed cybersecurity provider, is investing $1.4 million to expand its Herndon headquarters, creating 164 jobs in engineering, customer experience, IT, marketing and sales during the next three years. “Virginia has emerged as a national leader in cybersecurity and continues to be at the forefront of workforce development in this rapidly evolving industry, […]
Herndon-based K12 acquires Denver tech school for $165M
Herndon-based online education provider K12 Inc. will acquire Denver-based data and technology school Galvanize Inc. in a $165 million all-cash transaction, the company announced Monday. The deal was approved by both companies’ boards of directors and is expected to close on Monday. The acquisition includes Galvanize’s management team, campuses and software engineering and data science [&h[...]
