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Reston telemedicine company goes public
Reston-based telemedicine technology provider SOC Telemed on Monday opened at $10 per share on the Nasdaq stock exchange. The company announced its public offering on Friday following its merger with Healthcare Merger Corp. (HCMC), a special purpose acquisition company. Merger transaction details were not disclosed. “Today marks an important milestone for SOC Telemed in our […]
Leidos wins $75M contract to support cloud-based HR system
The Office of the Under Secretary of Defense for Personnel and Readiness awarded Reston-based Fortune 500 federal contractor Leidos Holdings Inc. a $75 million contract to provide services and support for the Defense Civilian Human Resource Management System (DCHRMS), the company announced Thursday. Leidos will provide technical services and support for the cloud-based human resources […]
SAIC wins $737M Air Force contract
The U.S. Air Force awarded Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) a $737 million contract to implement, integrate and develop modeling and simulation (M&S), training and analysis standards for the Air Force, Department of Defense and other organizations, the company announced Thursday. “The Air Force and DOD rely on M&S for […]
General Dynamics CEO joins JPMorgan Chase board
New York City-based JPMorgan Chase & Co. announced Wednesday that Phebe N. Novakovic, chairman and CEO of Reston-based aerospace and defense contractor General Dynamics Corp., has been elected to join the company’s board of directors, effective Dec. 7. Novakovic has served as chairman and CEO of General Dynamics since 2013. She joined the company in […]
Volkswagen Group of America deepens its Fairfax roots
Automobile manufacturing giant Volkswagen Group of America Inc. (a wholly owned subsidiary of Volkswagen AG) announced Tuesday it has chosen to keep its headquarters in Fairfax County — signing a 20-year lease agreement in Reston Town Center. Volkswagen’s North American headquarters has been located in Fairfax County since 2007. It will be the anchor tenant in […]
Reston defense contractor lands two GSA contracts
Reston-based defense and government contractor SOS International LLC (SOSi) announced Monday it has secured contracts in two pools under the General Services Administration’s potential $50 billion One Acquisition Solution for Integrated Services (OASIS) contract vehicle for professional services. SOSi was one of 21 companies to receive more than one service pool under the contract. Under [&h[...]
Leidos wins $306M follow-on Army contract
The U.S. Army awarded Reston-based Fortune 500 federal contractor Leidos Holdings Inc. a $306 million follow-on contract to help the branch operate and maintain the Saturn Arch aerial platform, the company announced Monday. The Saturn Arch aerial platform works to neutralize improvised explosive devices. Under the contract, Leidos will provide ground and flight operations for […]
Leidos secures $149.2M Navy contract
The U.S. Navy awarded Reston-based Fortune 500 federal contractor Leidos Holdings Inc. a $149.2 million contract to provide services and supplies for the Naval Array Technical Support Center facility’s operations, the Department of Defense announced Thursday. The majority of the work on the contract will be performed in Newport, Rhode Island; Reston and Virginia Beach. […]
Reston contractor wins $135M DHS task order
Reston-based AceInfo Solutions LLC announced Tuesday it had been awarded a potential five-year, $135 million task order from the Federal Emergency Management Agency’s (FEMA) National Flood Insurance Program (NFIP). Under the task order, AceInfo (a subsidiary of McLean-based Dovel Technologies) will provide services to support the development, maintenance and modernization of NFIP’s w[...]
Could telework be the new normal for federal workers?
Telework could be here to stay, according to findings from a survey of top federal government executives released Tuesday by Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC). A majority of the 300 respondents surveyed by Market Connections said they expect the technology changes put in place at their federal agencies in response […]
Reston contractor wins $59M USDA task order
The U.S. Department of Agriculture (USDA) awarded Reston-based AceInfo Solutions LLC (AceInfo) a $59 million task order to develop crop insurance software platforms, the company announced Wednesday. Under the task order from the USDA’s Farm Production and Conservation (FPAC) Risk Management Agency (RMA), AceInfo (a Dovel Technologies subsidiary) will provide software development services t[...]
Reston-based NII Holdings Inc. to dissolve
Reston-based NII Holdings Inc. announced last week it has filed a petition in a Delaware court to dissolve the company 10 months after it divested its one remaining operating unit, which sold wireless communication services under the Nextel brand to América Móvil. On Dec. 18, 2019, NII Holdings closed the $948.5 million sale of its […]
