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ManTech secures $118M Navy contract
Herndon-based tech contractor ManTech International Corp. has secured a $188 million, five-year contract to support the U.S. Navy’s Naval Surface Warfare Center Crane by providing tech solutions for intelligence, surveillance and reconnaissance by unmanned aircraft systems. “At ManTech, intelligent systems engineering is a core competency where we excel at developing innovation solutions. [...]
MicroStrategy buys $414M more bitcoin in Q4
MicroStrategy Inc. bought $414.4 million worth of bitcoin — about 7,002 units — from Oct. 1 to Nov. 29, the Tysons-based business software company reported to the U.S. Securities and Exchange Commission on Monday. The company now holds about 121,044 bitcoins, for which it paid $3.57 billion total. The average purchase price of each bitcoin […]
MicroStrategy bought $420M more bitcoin in Q3
MicroStrategy Inc. purchased nearly 9,000 additional bitcoins in the third quarter for almost $420 million, according to a quarterly report the Tysons-based business software company filed with the U.S. Securities and Exchange Commission on Oct. 28. As of Sept. 30, MicroStrategy’s holds a total of 114,042 bitcoins, valued at $7.5 billion based on a price […]
Criterion Systems acquires Protas Solutions
Vienna-based Criterion Systems Inc. has acquired Reston-based Protas Solutions Inc., a government contractor providing data science, software engineering and management consulting services to the intelligence community. Financial terms of the deal were not publicly disclosed. Protas will operate as a wholly-owned subsidiary of Criterion, a federal contractor specializing in cybersecurity and IT [...]
Reston tech company names new CEO
Reston-based tech company CertiPath announced last week it has named company founder Jeff Nigriny as its CEO. Nigriny most recently served as president and replaces Shawn Hughes as CEO. With 23 years of experience, Nigriny previously served as chief information security officer for Herndon-based Exostar. He formed CertiPath to focus on security systems and their […]
PAE to acquire Mass.-based tech company for $208M
Falls Church-based defense and government services contractor Pacific Architects and Engineers (PAE) announced Monday plans to acquire Burlington, Massachusetts-based Centra Technology Inc. for $208 million in cash. “By acquiring Centra, PAE realizes a significant milestone in the execution of our strategic growth plan to be a provider of innovative, higher margin, knowledge-based offerings in a[...]
D.C. private equity firm sells Chantilly tech firm for $827M
Washington, D.C.-based private equity firm Arlington Capital Partners announced Wednesday it has agreed to sell Chantilly-based technology contractor Centauri to Houston-based KBR Inc. (a former Halliburton subsidiary) for $827 million. The acquisition will expand KBR’s presence in the military space, defense modernization and cybersecurity sectors, according to the engineering, procuremen[...]
McLean-based Cvent lays off, furloughs 10% of workforce
As the hospitality industry has taken one of the biggest COVID-19 hits of all, McLean-based event software company Cvent Inc. confirmed Friday it is laying off or furloughing 10% of its global workforce due to business impacts from the pandemic. “Meetings and events boost the global GDP by more than $1.5 trillion and impact nearly […]
Reston IT company to be acquired by Cognizant
Reston-based human resources tech company Collaborative Solutions LLC will be acquired by New-Jersey based information technology company Cognizant, the companies announced Tuesday. Financial terms of the transaction were not disclosed and the deal is expected to close during Q2 2020. Collaborative Solutions specializes in Workday Cloud Platform applications for finance and human resources. Foll[...]
Boston tech company to acquire Arlington-based DivvyCloud for $145M
Boston-based tech company Rapid7 announced Tuesday that it‘s acquiring Arlington County-based cloud security and governance tech firm DivvyCloud for $145 million. The acquisition, which will be made via a combination of cash and stock, is expected to close before June. “Joining forces with Rapid7 is a natural next step,” said DivvyCloud CEO and co-founder Brian […]
Arlington tech company names COO
Arlington-based tech company Excella Consulting Inc. announced Tuesday it has named Sandy Gillespie as its chief operating officer. Gillespie was most recently COO and executive vice president for Reston-based NCI Information Systems Inc. since April 2018. In her new role at Excella, she will oversee client delivery and growth strategies. She has been in the […]
Sterling biotech firm launches COVID-19 test
Sterling-based biotech company Aperiomics has launched a COVID-19 test available for to medical providers nationwide for $250 per sample. Aperiomics says it has the capacity to process and deliver results on 1,000 tests per week. The company says it can turn around results from its Xplore-COVID-19 tests within 48 to 72 hours of receiving a […]
