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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 […]
General Dynamics receives $327.8M submarine contract modification
The U.S. Navy last week awarded the Electric Boats subsidiary of Reston-based Fortune 100 defense contractor General Dynamics Corp. a $327.8 million contract modification to continue development studies, design work and lead yard support for the branch’s Virginia-class submarines, the U.S. Department of Defense announced Oct. 9. Electric Boat originally received a $434.4 million contract [&h[...]
EY names five Virginians as mid-Atlantic entrepreneurs of the year
Virginia businesspeople took home five of the 12 Entrepreneur of the Year Mid-Atlantic Awards announced last week by multinational professional services company Ernst & Young LLP. The Virginia winners for the 2020 Entrepreneur of the Year Mid-Atlantic Award were: 3Pillar Global Inc. | David DeWolf, Fairfax HUNGRY Marketplace | Jeff Grass and Shy Pahlevani, Arlington […]
Herndon defense contractor wins $102M Navy contract
Herndon-based national security contractor Peraton announced Monday it has been awarded a $102 million follow-on contract by the U.S. Navy Strategic Systems Programs (SSP) for work on the branch’s strategic weapons systems. Under the engineering services contract, Peraton’s services will include acquisition, development, deployment and operational support of the reentry body aspects of[...]
Reston government contractor to buy Alexandria tech company
Reston-based government IT contractor Xenith Solutions LLC announced Thursday it will acquire Alexandria-based tech company TRI-COR Industries (TCI). Terms of the transaction were not disclosed. Founded in 1983 by Louis Gonzalez, TCI provides large-scale, enterprise agile tech services to federal and local governments. Xenith Solutions is a service-disabled veteran-owned small business that prov[...]
Reston health care tech company names CTO
Reston-based health care technology company careMESH on Thursday announced that Gustavo Bonany has been hired as chief technology officer. With more than 20 years of experience, Bonany was most recently senior vice president of research and development for health care tech company Voxiva. In his new role, he will oversee development and delivery of careMESH’s […]
Reston cybersecurity company announces leadership changes
A day after selling its Cyveillance business unit to Baltimore-based cybersecurity firm ZeroFOX, Reston-based LookingGlass Cyber Solutions Inc. announced Wednesday that its chairman of the board, Gilman Louie, has been named CEO. Louie is also a partner at San Francisco-based venture capital firm Alsop Louie Partners, which has invested in LookingGlass. LookingGlass provides attack surface [&helli[...]
Reston tech company names finance VP
Reston-based tech and network security company Electrosoft announced Tuesday it has hired Justin Lapington as vice president of finance. With more than 25 years of experience, Lapington most recently worked with government contractor Preferred Systems Solutions, where he accounted for more than $150 million in annual revenue. In his new position, he will manage Electrosoft’s […]
Reston cyber intelligence business acquired by Baltimore cybersecurity firm
Cyber intelligence company Cyveillance, a Reston-based business unit of LookingGlass Cyber Solutions Inc., has been acquired by Baltimore-based cybersecurity firm ZeroFOX, the companies announced Tuesday. Terms of the acquisition were not released. Under the acquisition, ZeroFOX will absorb Cyveillance’s more than 130 employees and more than 100 customers. “Our merger with the Cyveillanc[...]
Reston-based defense contractors win spots on $800M Army contract
Three Reston-based companies won spots on a potential three-year, $800 million U.S. Army contract to support the branch’s Information Systems Engineering Command (USAISEC), the Department of Defense announced Monday. Fortune 100 defense contractor General Dynamics Corp., NCI Information Systems Inc. and Fortune 500 defense contractor Science Applications International Corp. (SAIC) will compe[...]
SAIC wins $878M GSA task order
The U.S. General Services Administration awarded Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) an $878 million task order to provide cybersecurity, engineering, tech and research and development services. Under the task order, SAIC will develop and deploy capabilities to help warfighters access critical information and data at speeds and scales neces[...]
General Dynamics lands two Navy contracts totaling $251M
The U.S. Navy this week awarded the Electric Boats subsidiary of Reston-based Fortune 100 defense contractor General Dynamics Corp. two contracts worth a combined $251 million, the company announced Friday. The first contract is a $215.7 million modification to a previously awarded contract that — if all options are exercised — could be worth more […]
