Telecommunications
TAD DERISO PRESIDENT AND CEO, MID-ATLANTIC BROADBAND COMMUNITIES CORP., SOUTH BOSTON Deriso is the proverbial big fish in the small pond of South Boston, where MBC has made significant headway in connecting Southern Virginia to broadband internet service, working with Old Dominion Electric Cooperative and Virginia Tech, among others. Founded in 2004, MBC owns and […]
Leidos snags $292M FAA contract
Reston-based Fortune 500 federal contractor Leidos Holdings Inc. announced Tuesday that it was awarded a $292 million contract from the Federal Aviation Administration to design and develop a system to provide air traffic controllers with real-time access to essential weather, aeronautical and National Airspace System (NAS) information through a common display system. Work on the […]
Palo Alto Networks to acquire McLean tech firm for $265M
California-based cybersecurity powerhouse Palo Alto Networks announced Tuesday that it has entered into a definitive agreement to acquire The Crypsis Group, a McLean-based incident response, risk management and digital forensics consulting firm, in a $265 million, all-cash transaction. The firm’s CEO, Bret Padres, will join Palo Alto Networks. The Crypsis Group currently operates as part [&h[...]
Excella promotes five to senior leadership positions
Arlington-based tech company and federal contractor Excella has promoted five executives to more senior leadership positions. “Hiring and retaining exceptional Excellians, while creating meaningful solutions, is critical to our purpose and what we built Excella to do,” said Burton White, CEO and co-founder of Excella. “Each of these Excella leaders is instrumental to the growth [...]
Chantilly IT company names VP solutions architecture
Chantilly-based information technology company DirectViz Solutions LLC announced Wednesday it has hired Luiz Felipe Breyer Palhano de Jesus as vice president of solutions architecture. Palhano most recently served as a principal systems and solutions architect for the BITS solution group with Arlington-based federal technology contractor CACI International Inc. In his new role, he will lead [&he[...]
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[...]
LA-based tech company moves headquarters to Reston
Infrascale Inc., a cloud-based data protection company, announced Wednesday it has moved its headquarters from Los Angeles to Reston — where its leadership team is based. Infrascale’s C-suite leadership, including CEO Russell P. Reeder, Chief Financial Officer Rob Peterson, Chief Operating Officer Brian Kuhn and Chief People Officer Carolyn Kress, is based in Reston and have […]
Leidos lands potential $292.3M FAA contract
The Federal Aviation Administration has awarded Reston-based federal contractor Leidos a potential 15-year, $292.3 million contract to provide an enterprise-wide display system to replace multiple information display platforms installed at more than 300 U.S. airport facilities, according to an Aug. 13 System for Award Management (SAM) notice. Leidos will create the Enterprise Information Display S[...]
Parsons Corp. to raise $350M through debt offering
Centreville-based technology contractor Parsons Corp. announced Monday plans to raise $350 million through a debt offering. Proceeds from the debt offering would be used toward general corporate purposes, including acquisitions and working capital, according to Parsons. The initial conversion rate for the notes is 22.2913 shares of the company’s common stock per $1,000 principal amount [&hel[...]
CACI International names president, national security
Arlington-based federal technology contractor CACI International Inc. announced Monday it has hired Todd Probert as president of the company’s National Security and Innovative Solutions (NSIS) sector. With more than 20 years of experience, Probert most recently served as vice president of Raytheon’s Command and Control, Space and Intelligence business. In his new role, will oversee [&h[...]
Northern Virginia Technology Council names president, CEO
The Northern Virginia Technology Council (NVTC) announced Tuesday that Jennifer Taylor has been named as president and CEO, effective Sept. 10. In late June, Brad Schwartz was named as acting president and CEO, filling the vacancy left by the June 30 retirement of Bobbie Kilberg, who led the membership and trade association for the region’s […]
Arlington tech company names chief development officer
Arlington-based technology services provider Halfaker and Associates LLC announced Tuesday that Amanda Axsom has been promoted to chief development officer. Axsom was most recently the executive vice president of business development at the company. In her new role, she will oversee intellectual property development, corporate growth and strategic capture efforts. During her time working with [&[...]