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Leidos to acquire L3Harris Technologies’ security detection, automation biz for $1B
Reston-based government contractor Leidos will acquire L3Harris Technologies’ Security Detection and Automation businesses for $1 billion in cash in a deal that is expected to close in the second quarter of 2020, the company announced Tuesday. The boards of directors for both companies unanimously approved the transaction. Headquartered in Tewksbury, Massachusetts, and Luton, England, the [&hell[...]
Leidos completes $1.65B Dynetics acquisition
Reston-based defense contractor Leidos completed its acquisition of Huntsville, Alabama-based national security services provider Dynetics Inc. for $1.65 billion in cash, Leidos announced Monday. The transaction was first announced in December 2019. For the fiscal year that ended Dec. 28, 2018, Leidos reported that its annual revenues were approximately $10.19 billion. The company was founded [&[...]
Reston Business Campus sells for $13M
The four-building Reston Business Campus on Pinecrest Drive in Reston has sold for $13 million, according to the seller, Bethesda, Maryland-based commercial real estate firm Finmarc Management Inc. The campus was purchased by 10th Street LLC and totals approximately 83,000 square feet. The four buildings were part of a larger 26-building portfolio of 950,000 square […]
Whitney, Bradley & Brown acquires Decisive Analytics Corp.
Reston-based program management and consulting provider Whitney, Bradley & Brown Inc. (WBB) has acquired Arlington-based defense analytics provider Decisive Analytics Corp. (DAC), according to WBB’s parent company, H.I.G. Capital (H.I.G). Financial terms of the deal were not disclosed, but H.I.G is a global private equity investment firm with more than $35 billion of equity capital [&hel[...]
Reston software company names VP of customer success
Reston-based marketing software company Triblio named Acacia Waller as its vice president of customer success, the company announced Thursday. Triblio is the developer of an account-based marketing platform designed to orchestrate marketing and sales campaigns, provide audience management (account leads), track sales activity, provide account analytics and other market insight. Waller has been in [...]
Reston IT provider 1901 Group names executive VP
Reston-based IT service provider 1901 Group LLC has named George Batsakis as its executive vice president and chief strategy officer, the company announced Tuesday. Batsakis will lead the company’s overall strategy planning and development, executive management, operations, new business development, emerging technology and partnerships. An Army veteran, Batsakis most recently worked for Accentur[...]
SAIC nets $727M Air Force contract
Reston-based information technology company Science Applications International Corp. (SAIC) received a $727 million contract from the U.S. Air Force that will move mission applications for the Air Force and Army to the cloud, SAIC announced Friday. SAIC was founded in 2013 and provides systems engineering, cloud migration, analytics, simulation, training and other IT services to […]
Reston-based Ellucian names chief product officer
Reston-based higher education software company Ellucian has named Stephen Laster as its chief product officer, the company announced Friday. Ellucian provides products for higher education such as student information systems, data analytics tools and graduation-tracking platforms for more than 2,700 customers. Laster will lead product direction and strategy and oversee the research and development[...]
Reston’s SOC Telemed names new Chief Medical Officer
Dr. Jason Hallock was named as Reston-based acute-care telemedicine company SOC Telemed’s chief medical officer, the company announced Wednesday. Hallock has more than 20 years of health care experience working in hospital systems. In his new role, he will oversee management of clinical and medical objectives. He most recently worked for US Acute Care Solutions, […]
