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General Dynamics submarine designers to strike on May 18 if contract deal isn’t reached
Electric Boat shipyard workers in Connecticut plan a May 18 strike if no contract deal is reached, demanding higher wages and restored pension benefits.
HII, General Dynamics win up to $18.4B submarine contract modification
Huntington Ingalls and General Dynamics have been awarded Navy contract modifications worth up to a possible $18.4 billion to build two Virginia-class submarines, the Department of Defense announced.
19 Virginians are finalists for EY Mid-Atlantic Entrepreneur of the Year
Nineteen Virginia entrepreneurs are finalists for EY’s 2025 Mid-Atlantic Entrepreneur of the Year award, with winners to be announced June 18.
SAIC appoints new CHRO
Reston-based Fortune 500 federal contractor Science Applications International Corp. announced Wednesday that it has appointed Kathleen McCarthy as its new executive vice president and chief human resources officer, effective May 12. She will report directly to CEO Toni Townes-Whitley and will spearhead all human resources initiatives, employee engagement strategies and talent acquisition operatio[...]
Intelligent Waves pays $1.95M to settle False Claims Act allegations
Reston-based defense contractor Intelligent Waves agreed to pay $1.95 million to settle False Claims Act allegations involving two U.S. Air Force contracts. And in a separate case, Fairfax-based government contractor General Dynamics Mission Systems agreed to pay $600,000 to settle allegations that a company that it acquired made false statements in federal government contract proposals. […[...]
Bechtel wins $242M contract modification for chemical weapons destruction
Reston-based Bechtel National has been awarded a $242.28 million contract modification from the U.S. Army to address past contract overruns associated with the Pueblo Chemical Agent-Destruction Pilot Plant in Colorado. The plant is a chemical weapons destruction facility that destroyed the chemical weapons stockpile previously stored at the U.S. Army Pueblo Chemical Depot in Pueblo, […]
Va. reports close to 300 layoffs across 3 bizs
A Fortune 500 federal contractor, a global aluminum company and a private school notified Virginia on March 31 of job cuts in compliance with the Worker Adjustment and Retraining Notification (WARN) Act. Leidos, which has its headquarters in Reston and provides technology, engineering and science services to defense, intelligence, civil and health customers, will lay […]
Peraton taps new chief security officer
Peraton last week announced that it has appointed Christy Wilder as its chief security officer. In the role, Wilder will develop and execute comprehensive strategies, risk management and mitigation initiatives, incident response preparedness and enterprise safety protocols for the Reston-based federal contractor. She succeeds Mike Londregan. “Peraton is emerging as a leading-edge technology comp[...]
General Dynamics subsidiary wins $1B Navy contract
A Connecticut-based subsidiary of Reston-headquartered Fortune 500 contractor General Dynamics was recently awarded a $1 billion contract modification from the U.S. Navy to purchase long lead time materials for Virginia-class Block VI submarines. The subsidiary, General Dynamics Electric Boat, announced the award on Tuesday. The company designs, builds, repairs and modernizes nuclear submarines fo[...]
V2X nabs $100M FBI contract
V2X secured a $100 million, five-year contract to provide aviation maintenance and support services for the FBI’s Critical Incident Response Group, the Reston-headquartered aerospace and defense contractor announced Wednesday. V2X’s role in the contract will be to deliver mission-critical aviation resources, enabling the FBI to gather intelligence, investigate operations and investigat[...]
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 201[...]
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 […]
