Sign In
Free Newsletter
SimpliSafe bringing second facility to Henrico
Home security system manufacturer SimpliSafe will invest more than $3 million to expand its operations in Henrico County, increasing its jobs creation total for the county to more than 800, Gov. Ralph Northam announced Thursday. The company will establish a new customer security monitoring service center at 4840 Cox Road in Glen Allen to provide […]
Chantilly-based CTSI acquires N.C. A/V company
Chantilly-based technology firm Corbett Technology Solutions Inc. (CTSI) announced Tuesday that it has acquired Morrisville, North Carolina-based Collaborative Technology Solutions LLC (CTS), a provider of audiovisual, security, structured cabling and sound-masking services. Financial details of the transaction were not disclosed. CTSI is a portfolio company of Chicago-based private equity firm Wi[...]
Raytheon Intelligence & Space receives $318M TSA contract
Arlington-based Raytheon Intelligence & Space will expand its deployment of checked baggage screening equipment to all federally managed airports nationwide under a five-year, $318 million contract with the Transportation Security Administration. A subsidiary of Massachusetts-based Raytheon Technologies Corp., Raytheon Intelligence & Space previously had a contract to install and/or upgra[...]
MWAA sells facial recognition system to Pangiam
VeriScan, a facial-recognition system developed by the Metropolitan Washington Airports Authority, has been sold to Alexandria-based Pangiam, a security and travel services provider, the company announced Friday. Terms of the transaction were not disclosed. More than 40 airlines use veriScan’s traveler verification system, which is an integrated biometric facial recognition program that debu[...]
Arlington firm buys two global training companies
Arlington-based security government services firm IDS International announced Wednesday it has acquired Arlington-based global training companies DECO and GovSource. Financial terms of the transactions were not disclosed. DECO provides global training and technical services while GovSource provides military and law enforcement training to the U.S. government. IDS provides training and technica[...]
Va. joint venture lands $1B Dept. of Energy contract
The Office of Environmental Management (EM) awarded Herndon-based joint venture SRS Critical Infrastructure Security LLC (SCIS) a 10-year, potential $1 billion contract to provide security services, the Department of Energy announced Friday. The goal of the contract is to provide security for special nuclear materials under the Safeguards and Security (S&S) program. SCIS includes Securitas [&h[...]
Constellis CEO resigns, replaced by lead director
Herndon-based federal contractor Constellis announced Tuesday that CEO Tim Reardon has resigned to “pursue other interests,” and the company’s lead director, Terry Ryan, will replace him, effective immediately. “It has truly been an honor to lead such a great company with so many exceptional people, and I am excited about Constellis’ future with Terry at […]
Securitas Critical Infrastructure Services Inc. rebrands as Paragon
Herndon-based Securitas Critical Infrastructure Services Inc. (SCIS) announced late last week it has rebranded under its subsidiary Paragon Systems Inc.’s (Paragon) name. The rebranding will include a new company image, website and brand implementation. It will become fully effective Jan. 1, 2021. “In working with our board over the past year, we have made significant […]
Calif. firm buys controlling stake in Vienna home security company
Palo Alto, California-based investment firm Twin Point Capital purchased a controlling stake in Vienna-based home security company Frontpoint Security, the company announced last week. Financial terms of the transaction were not disclosed. Founded in 2007 by Chris Villar, Aaron Shumaker and Peter Rogers, Frontpoint provides home security, life safety and smart home products and services […]
Arlington logistics, security company names CFO
Arlington-based Cambridge International Systems Inc. announced Tuesday it has hired Josh Golden as chief financial officer. With more than 25 years of experience, Golden was most recently the CFO and chief operating officer with Advanced Technology Systems Co. In his new role, he will lead Cambridge’s finance department and work with the executive leadership team […]
Professional Services
MAHFUZ AHMED CHAIRMAN AND CEO, DIGITAL INTELLIGENCE SYSTEMS LLC (DISYS), MCLEAN After earning his bachelor’s degree in engineering from George Mason University, Ahmed worked with Northrop Grumman Corp. and Mobil Oil Corp. before founding information technology staffing and consulting services company DISYS in 1998. Today, as CEO and chairman of the board of directors, Ahmed […]
