Sign In
Free Newsletter
Parsons acquires Md. federal contractor for $200M
Centreville-based Fortune 1000 defense contractor Parsons has acquired Maryland-based contractor Sealing Technologies in a deal valued at $200 million. Parsons announced the deal Wednesday. The acquisition expands Parsons’ customer bases across the Department of Defense’s intelligence community and enhances its capab[...]
HII’s Mission Technologies names new chief growth officer
Huntington Ingalls Industries’ McLean-based Mission Technologies division has hired Ahmed Ayad to serve as chief growth officer. Ayad joins the organization from Herndon-based ManTech, where he served as vice president and growth lead for the defense sector since 2019. In his new role, Ayad will be responsible for shaping [...]
275 Va. companies make 2023 Inc. 5000 list
This year, 275 Virginia companies made the Inc. 5000 list of the nation’s 5,000 fastest-growing privately held companies, which Inc. magazine released Tuesday. Ranking at No. 34 overall, Goldschmitt and Associates LLC was the highest-ranking Virginia companies on the list. Founded in 1998, the Leesburg-based information techno[...]
Leidos awarded $197M CMS contract
Reston-based Fortune 500 contractor Leidos has won a new task order from the federal Centers for Medicare and Medicaid Services with an estimated total value of $197 million, the Reston-based Fortune 500 contractor announced Monday. Under the hybrid firm-fixed-price, time and materials order, Leidos will provide IT support to the agency through its Office of […]
8 Va. companies make 2023 Fortune Global 500
Eight Virginia-based companies made Fortune magazine’s 34th Global 500 list, released Tuesday, notably including the newly renamed RTX and Boeing Co. as Virginia’s second and third highest-ranking companies, both of which are also newcomers to the state, having moved their headquarters to Arlington County last year. Freddie[...]
ManTech to acquire Definitive Logic
ManTech International Corp. on Tuesday signed an agreement to acquire Arlington County-based Definitive Logic in a deal that will add 330 employees to the Herndon-based federal contractor’s workforce. Financial terms of the deal were not disclosed. Definitive Logic provides digital transformation consulting services and te[...]
Microsoft Federal sees leadership change
Microsoft Corp.’s federal arm has new leadership, after its former president, Rick Wagner, left the company to pursue “new opportunities.” Wagner had run Microsoft Federal, now based in Rosslyn, since 2020. Candice Ling announced in a LinkedIn post this week that she had accepted his former job. Microsoft’[...]
Amentum-led team receives $5.87B nuke cleanup contract
A team led by Chantilly-based federal contractor Amentum Services Inc. will manage the decontamination and decommissioning of a Cold War-era nuclear weapons complex under a $5.87 billion, 10-year contract announced by the U.S. Department of Energy Thursday. Southern Ohio Cleanup Company LLC, based in Aiken, South Carolina, is a [...]
Cloud, cyber company to establish HQ in Loudoun
Fortreum LLC, a cloud-computing and cybersecurity firm, is establishing its headquarters in Loudoun County and creating 53 jobs, Gov. Glenn Youngkin announced Thursday. The company, launched in 2021, provides cybersecurity and cloud support with an emphasis on regulatory compliance and technical validations, for businesses operating in the public and private sectors. Fortreum expects to invest […][...]
After protests, CACI prevails on $5.7B Air Force IT contract
After rounds of protest from other bidders, Reston-based CACI International Inc. announced Tuesday that it will transform the Air Force’s IT service delivery for more than 800,000 airmen and Space Force guardians under a $5.7 billion contract. Enterprise Information Technology as a Service (EITaaS) Wave 1, an Air Force ini[...]
SAIC receives $1.3B Treasury contract
Reston-based Fortune 500 contractor Science Applications International Corp. (SAIC) will provide the U.S. Department of the Treasury with a range of cloud and professional services under a seven-year, $1.3 billion contract, the company announced Thursday. Dubbed “T-Cloud,” SAIC will deliver a shared-service cloud infrastructure model providing enterprise-wise efficiencies in access, contracting and security, SAIC said in [&[...]
RTX’s Raytheon lands $1.15B missiles contract
Arlington County-based Raytheon, a business unit of newly rebranded aerospace and defense contractor RTX, will produce Advanced Medium Range Air-to-Air Missiles for the U.S. Air Force and Navy as well as foreign militaries under a $1.15 billion contract announced by the Pentagon Tuesday. The contract includes missiles, the AMRAA[...]
