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Leidos names new chief growth officer
Reston-headquartered Fortune 500 federal contractor Leidos announced Wednesday that it’s promoting Jason Albanese to corporate executive vice president and chief growth officer, effective March 3. Currently senior vice president of growth for the company’s National Security sector, Albanese is succeeding Gerry Fasano, who is retiring as planned on April 4. Albanese joined Leidos in 2017 [&[...]
HII’s CEO doesn’t expect major defense spending cuts under Trump
President Donald Trump’s suggestion last week that he could cut U.S. defense spending in half spooked the stock market — but the CEOs of Virginia’s Huntington Ingalls Industries and Science Applications International Corp. are taking Trump’s statement in stride. Thursday afternoon, Trump said, “One of the first meetings I want to have is with President […]
Peraton taps new senior vice president of talent acquisition
Reston-based federal contractor Peraton has selected Dana Pittman to be its new senior vice president of talent acquisition. Pittman, who has almost three decades of experience in talent management and recruiting, made the announcement in a post on LinkedIn, saying she’s “grateful to friends and family for their unwavering support during this transition.” According to […]
Leidos wins TSA contract worth up to $2.6B
Reston-based Fortune 500 federal contractor Leidos has won Transportation Security Administration contract worth up to $2.6 billion, according to a Tuesday notice on SAM.gov. TSA awarded the TSA Checkpoint Integrated Logistics Support Services contract for checkpoint maintenance services on Dec. 31, 2024. According to the request for proposals issued in April 2024, the contractor will be [&hellip[...]
ICF acquires tech, advisory services company
Reston-headquartered consulting and tech services provider ICF has acquired New York-based tech and advisory services company Applied Energy Group from Ameresco, it announced Tuesday. Financial details of the transaction were not disclosed. Massachusetts-based energy efficiency and renewable energy company Ameresco acquired Applied Energy Group in 2011. “This transaction aligns with our stra[...]
Leidos lands $987M Air Force contract
Leidos has won an up to $987 million Air Force contract to provide sustainment support for F-16 Foreign Military Sales customers, the Reston-based Fortune 500 federal contractor announced Thursday. The F-16 Fighting Falcon is a supersonic multirole fighter aircraft used for air-to-air combat and air-to-surface attack. General Dynamics initially developed the F-16 before selling its […]
Volkswagen’s U.S. subsidiary names new president and CEO
Rivian Automotive’s Kjell Gruner will become the new president and CEO of Volkswagen Group of America on Dec. 12, the Reston-headquartered subsidiary of the German automaker announced Tuesday. Gruner succeeds Pablo Di Si, who “has stepped down … on his own request,” according to a news release. Di Si assumed the role in September 2022, […]
Avionics manufacturer will invest $5M on Reston office and R&D facility
CMC Electronics, a Montreal-based avionics manufacturer, will invest $5 million to establish an office and research and development facility in Reston, Gov. Glenn Youngkin announced Friday. Initially, the project will create 89 jobs, with more positions expected as operations increase, according to the governor’s office. “This creation of new high-tech jobs demonstrates the strength of [&helli[...]
GD subsidiary in Norfolk wins potential $123.3M contract
General Dynamics NASSCO, a Norfolk subsidiary of Reston aerospace and defense giant General Dynamics, was awarded a U.S. Navy contract worth up to $123.3 million last week for maintenance, modernization and repair of the USS Porter destroyer during fiscal 2025. The base amount of the firm fixed price contract to General Dynamics NASSCO-Norfolk is $686,843. The contract […]
Leidos wins $331M Army IT contract
The U.S. Army has awarded a $331 million IT contract to Leidos to modernize its network, the Reston-based Fortune 500 federal contractor announced Monday. The Army Program Executive Office for Command, Control, Communications and Network (PEO C3N), formerly known as the PEO C3T, awarded the contract, which has a one-year base period of performance with […]
Three Va. CEOs make world’s most powerful women list
Three Virginia CEOs made Fortune’s 2024 list of the world’s 100 Most Powerful Women in business, which the media company released Wednesday. Kathy J. Warden, chair, president and CEO of Falls Church-based Fortune 500 defense contractor Northrop Grumman ranked highest among the trio of Virginia leaders, taking the No. 25 spot — a drop from […]
CACI strikes $1.27B deal to buy RF electronics provider
CACI International has entered into a $1.275 billion definitive agreement to acquire Azure Summit Technology, the Reston-based Fortune 1000 government contractor announced Monday. Based in Fairfax and founded in 2007, Azure Summit develops high-performance radio frequency (RF) hardware and software for the U.S. Department of Defense. Pending regulatory approval, the all-cash deal is expected to [...]
