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Parsons acquires Altamira for $375M
Parsons announced Thursday that it has acquired McLean-based national security company Altamira Technologies Corporation for $375 million.
ID.me wins potential $1B IRS contract
ID.me wins an IRS blanket purchase agreement valued at up to $1 billion for ID verification and authentication.
In Newport News speech, Hegseth calls for faster delivery of warships
Secretary of Defense Pete Hegseth calls for faster delivery, tighter cost discipline in Newport News speech.
BigBear.ai completes $250M Ask Sage purchase
BigBear.ai announced Wednesday that it has completed its $250 million acquisition of Ask Sage, a Warren County-based company.
CACI to buy Arka Group for $2.6B
CACI International announced Monday that it has entered an agreement to acquire aerospace and defense company Arka Group for $2.6 billion.
Booz Allen CFO leaving in February
Booz Allen Hamilton Chief Financial Officer Matthew Calderone is leaving the Fortune 500 government contractor for a role at S&P Global.
GDIT wins $285M state cybersecurity contract
General Dynamics Information Technology has been awarded $285 million to strengthen the Virginia government’s cybersecurity infrastructure.
Federal employment, trade declined in 2025 in Virginia
Virginia saw some economic growth in 2025, but it was slow compared to 2024, and statewide unemployment is expected to rise in 2026, according to Old Dominion University's State of the Commonwealth economic report released Tuesday.
Avio USA picks Virginia for $500M solid rocket motor factory
Avio USA plans a Virginia solid rocket motor facility, committing up to $500 million to expand U.S. aerospace and defense production.
General Dynamics’ Deep promoted to president
Danny Deep, General Dynamics' executive vice president of global operations, has been promoted to president of the Reston-based Fortune 100 government contractor, the company announced Friday.
HII wins up to $471.97M Navy contract
Huntington Ingalls Industries has won a Navy contract worth up to $471.97 million to provide engineering support for aircraft carriers.
Electra launches defense business unit
Manassas-based aviation startup Electra.aero on Wednesday announced that it has launched a new defense business unit.
