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Sevatec, Octo Consulting announce merger
Fairfax-based software company Sevatec announced Tuesday it has merged with Reston-based government technology company Octo Consulting Group. The combined organization will have nearly $300 million in annual revenue and 1,100 employees. Founded in 2003, Sevatec provides design, DevSecOps, security, cloud service integration, data engineering and automation services and has won nearly $400 millio[...]
Leidos wins $64M FAA contract
The Federal Aviation Administration has awarded Reston-based Fortune 500 government contractor Leidos Holdings Inc. a $64 million contract to develop the Operational Analysis and Reporting System (OARS), a safety analysis tool. OARS will support the FAA’s Air Traffic Organization (ATO) Safety Management System though defining, identifying, assessing, treating and tracking safety risk mitigat[...]
Reston telemed company announces leadership changes
Reston-based telemedicine technology provider SOC Telemed on Monday announced executive leadership appointments and promotions, effective Jan. 4. Hai Tran, who currently serves as chief financial officer and chief operating officer, has been promoted to serve as president and COO. Chris Knibb will join the company as its new CFO. With more than 20 years of […]
Reston IT company acquires cybersecurity firm
Reston-based information technology company Intelligent Waves LLC announced Monday it has acquired Maryland-based cybersecurity firm Ski Systems Inc. Financial terms of the transaction were not disclosed. Through the acquisition, Intelligent Waves will gain cybersecurity compliance expertise. Intelligent Waves is a service-disabled veteran-owned small business that was founded in 2006 by Jared She[...]
Spotify completes $235M acquisition of Reston-based Megaphone
Music streaming giant Spotify Technology SA has completed the acquisition of Arlington-based media and education conglomerate Graham Holdings Co.’s podcast technology company, Megaphone, for $235 million, the company announced Tuesday. The acquisition was first announced Nov. 10. Founded in 2015, Megaphone provides hosting and ad-insertion capabilities for publishers and targeted ad sales fo[...]
Leidos to acquire 1901 Group for $215M
Reston-based Fortune 500 government contractor Leidos Holdings Inc. announced Thursday it will acquire Reston-based information technology services company 1901 Group for $215 million. “We are pleased to welcome 1901 Group’s team of digital transformation experts who share Leidos’ commitment to making the world safer, healthier and more efficient through IT,” Leidos Chairman and CE[...]
Leidos wins potential $1.76B FAA contract
Reston-based Fortune 500 government contractor Leidos Holdings Inc. was awarded a 10-year contract potentially worth $1.76 billion to continue implementing National Airspace System modernization programs for the Federal Aviation Administration, the U.S. Department of Transportation announced Tuesday. The NAS Integration Support Contract IV contract has a four-year base period and two three-year op[...]
Reston-based company names Tish Long to board of directors
Reston-based Applied Information Services (AIS) announced Tuesday it has named former National Geospatial-Intelligence Agency (NGA) Director Letitia “Tish” Long to the company’s board of directors. “Tish’s impact in the defense and intelligence community is unmatched,” AIS President and CEO Larry Katzman said in a statement. “Her industry and board experience will foster ou[...]
Navy awards Bechtel $1.14B in contract modifications
The U.S. Navy awarded Reston-based Bechtel Corp.’s plant machinery company two contract modifications with a combined $1.14 billion in value to provide propulsion components for the branch’s nuclear-powered ships, the Department of Defense announced Thursday. The goal is to provide the military with effective nuclear propulsion plants and ensure that they are safe and reliable, [&helli[...]
Noblis names defense mission VP
Reston-based not-for-profit federal contractor Noblis announced Tuesday it has hired Glenn Hickok as vice president of its defense mission area, which provides advanced analytics services for warfighters. Hickok was most recently the president of mobile forensic software company MSAB’s North American subsidiary. At Noblis, he will direct the company’s work for Department of Defense cus[...]
These 16 Va. companies received $10M PPP loans
The U.S. Small Business Administration on Tuesday released additional information about all approved borrowers from its $659 billion Paycheck Protection Program (PPP) small business relief program, this time including exact company names, loan amounts, addresses and other information. Previously, the government in early July had released an incomplete list of recipients, including only ranges of[...]
New president and CEO starts at Reston-based federal contractor
On Dec. 2, William Schaefer took the helm as the new CEO and president of Reston-based federal contractor Amyx Inc. With more than 20 years of leadership experience in the technology sector, Schaefer succeeds Satya Akula, who announced his retirement in November. Schaefer joined Amyx more than a decade ago and has spent the past […]
