Sign In
Free Newsletter
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 […]
M.C. Dean secures $250M Washington HQ Services contract
Tysons-based electrical engineering firm M.C. Dean Inc. won a $250 million contract with the Washington Headquarters Services in Arlington, the U.S. Department of Defense announced Thursday. Under the firm-fixed price, indefinite delivery, indefinite quantity Pentagon Force Protection Agency Integrated Security Services Contract, M.C. Dean will provide a total system approach for providing integra[...]
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 […]
Guidehouse acquires McLean tech company
Tysons-based consulting company Guidehouse completed its acquisition of McLean-based Dovel Technologies Inc., the company announced Monday. Financial terms of the transaction, which was announced in September, were not disclosed. “With the Dovel acquisition now complete, we are thrilled to join forces and welcome our new colleagues to Guidehouse as we combine our technology-first business models[...]
Tegna confirms acquisition offers
Tysons-based broadcast and digital media corporation Tegna Inc. has received acquisition bids of more than $8 billion from Apollo Global Management Inc. and media mogul Byron Allen, according to media reports. The news comes more than a year after previous purchase proposals fell through in March 2020 amid the dawning of the coronavirus pandemic. Bloomberg […]
Tysons-based Neosystems to be acquired by High Street Capital
Tysons-based Neosystems is being acquired by High Street Capital, a Chicago-based private equity firm, the company announced Wednesday. Neosystems is an IT systems integrator and managed services provider to government contractors. Financial terms of the deal were not disclosed. The current management team of Neosystems, including CEO and co-founder Michael Tinsley and co-founder and Chief [&helli[...]
Guidehouse to acquire McLean tech company
Tysons-based consulting company Guidehouse announced Wednesday it has entered into a definitive agreement to acquire McLean-based company Dovel Technologies Inc. The sale is expected to close in the fourth quarter of this year. “The acquisition of Dovel is a strategic step in our journey to create the next generation global consultancy, bringing together best-in-class portfolios, […]
FTC fines Capital One CEO for failing to file stock transaction
The Federal Trade Commission fined McLean-based Capital One Financial Corp. CEO Richard Fairbank a $637,950 civil penalty for violating antitrust laws in finalizing stock acquisitions, the FTC announced Thursday. The settlement must be approved by the U.S. District Court for the District of Columbia. The FTC alleged that Fairbank violated the Hart-Scott-Rodino (HSR) Antitrust Improvements [&hellip[...]
M.C. Dean wins $158M contract from U.S. Army Corps of Engineers
Tysons-based electrical engineering firm M.C. Dean Inc. won a $158.77 million contract from the U.S. Army Corps of Engineers to upgrade a controls system at Buckley Air Force Base in Colorado, the Department of Defense announced Friday. Under the fixed-price contract, M.C. Dean will upgrade and refurbish the power-generation plant and supervisory control and data […]
DXC Technology shifts CIO to COO
Tysons-based Fortune 500 IT company DXC Technology promoted Chris Drumgoole to executive vice president and chief operating officer, it announced Thursday, when Drumgoole assumed the role. “Going forward as COO, my focus will be to further enhance the productivity of our workforce, simplify and streamline operations and processes, and ensure clarity and accountability while meeting […]
LMI announces Lisa Disbrow will be next chair of the board
Lisa Disbrow will be the next chair of the board for Tysons-based government and defense contractor LMI, succeeding Ken Krieg, LMI announced Monday. Disbrow is currently the audit and finance committee chair, a position she has held since November 2019. She joined the board in 2018. In 2017, Disbrow retired from her role as Under […]
LMI acquires Falls Church solutions consulting company
Tysons-based government and defense contractor LMI acquired Falls Church-based Suntiva, it announced Tuesday. Suntiva is a technology-enabled solutions company focused in the public health and defense markets. The acquisition provides LMI with new customer access, particularly the U.S. Food and Drug Administration, the National Institutes of Health, U.S. Department of Agriculture, Defense Informat[...]
