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Charging up
Virginia Del. Richard “Rip” Sullivan Jr. is one of the General Assembly’s biggest advocates for electric vehicles. But when the Fairfax County Democrat went to buy a car in 2018, he started feeling anxious about the electric cars on offer — particularly their relatively limited range, given the lack of electric vehicle (EV) chargers in […]
Leidos to partner with Project HOPE to aid Ukraine
As Russia began its invasion of Ukraine in February, Leidos employees took to an internal blog and emailed senior executives to demonstrate support for the Eastern European nation. CEO Roger Krone remembers one employee who had family in the country and wanted to get them out. Six months later, the Reston-based Fortune 500 defense contractor […]
Rolls-Royce wins $1B Navy contract
Reston-based Rolls-Royce North America has received a contract totaling more than $1 billion to support the engines that power the Navy’s fleet of T-45 Goshawk training jets. The Pentagon announced the award Thursday, naming Indianapolis-based Rolls-Royce Corp. as the recipient. Rolls-Royce Corp. falls under the British aerospace and defense company’s North American operations. Accordi[...]
SAIC receives $319M Air Force contract
Reston-based Fortune 500 contractor Science Applications International Corp. (SAIC) has received a $319 million contract to modernize and maintain the Air Force’s Falconer weapon system, the company announced Wednesday. Under the Falconer Air Operations Center Weapon System Sustainment contract, an SAIC team will work with Kessel Run, a division of the Air Force Life Cycle Management [&hell[...]
SES completes $450M purchase of Leonardo DRS satellite biz
Reston-based satellite telecommunications company SES Government Solutions has completed its $450 million acquisition of Arlington-based Leonardo DRS Inc.’s Global Enterprise Solutions satellite communications subsidiary following receiving regulatory approval. SES Government Solutions, a subsidiary of the Luxembourg-based satellite telecommunications network company, announced the deal̵[...]
Rolls-Royce wins $854M Navy contract
Reston-based Rolls-Royce North America has received an $854.3 million contract from the Navy for engine repairs on C/KC-130 Hercules aircraft. The Pentagon announced the award Monday, naming Indianapolis-based Rolls-Royce Corp. as the recipient. Rolls-Royce Corp. falls under the British aerospace and defense company’s North American operations. Work involves depot level repairs to AE2100 D3 [...]
Leidos buys Aussie special missions biz
Reston-based Fortune 500 federal contractor Leidos Holdings Inc. has entered into an agreement with British technology aerospace manufacturer Cobham Ltd. to purchase the special missions business from its Australia-based Cobham Aviation Services subsidiary, according to a news release. Financial details of the deal, which will add airborne surveillance and search and rescue missions to Leidos̵[...]
Creating community vibes
In Virginia Beach, most tourists flock to the Oceanfront. But just a couple blocks west, you’ll find an area that feels a little more artsy and a lot more local. In the 15-block ViBe Creative District, situated between the Virginia Beach Convention Center and the Oceanfront, coffee shops and restaurants operate out of former industrial […]
First National Bank to expand in NoVa, Richmond
FNB Corp., parent company of First National Bank, announced Wednesday it will expand its presence in Virginia, particularly in the Northern Virginia area. According to a news release, FNB expects to add four branches in Reston and Arlington by 2024, in addition to seven currently operating in the greater Washington, D.C., area. Also, FNB plans […]
Acuity International receives $127M Air Force contract
Reston-based Acuity International LLC has received a $127 million Air Force contract to provide base operational and security support for Iraq’s F-16 program, the Department of Defense announced Friday. Under the contract, work will be performed at Iraq’s Martyr Brigadier General Ali Flaih Air Base and is expected to be completed by Jan. 30, 2023. […]
Leidos receives $291M Navy contract
Reston-based Fortune 500 contractor Leidos has received a $291 million follow-on contract for work with the Navy’s Program Executive Offices’ Integrated Warfare Systems directorate, according to a news release. The single award, cost-plus-fixed-free contract includes a one-year base period with a four additional one-year option periods. Under the contract, Leidos is expected to perform[...]
EY names eight Virginians mid-Atlantic entrepreneurs of year
Eight leaders from six Virginia businesses have been named winners of Ernst & Young LLP’s Mid-Atlantic Entrepreneur of the Year Award for 2022. The winners, named in early July by the Big Four multinational professional services company, include: 10Pearls | Imran Aftab, co-founder and CEO, Vienna Aireon LLC | Don Thoma, founder and CEO, McLean ID.me […]
