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Reston-based Octo to be acquired by IBM
Reston-based Octo is being acquired by IBM and its 1,500 employees will become part of IBM Consulting’s U.S. public and federal market arm. Terms of the deal were not disclosed in a news release Thursday. IBM is acquiring the company from Arlington Capital Partners and the deal is expected to close by the end of […]
BWXT begins production of fuel for 1st U.S. microreactor
Lynchburg-based BWX Technologies Inc. has begun producing the nuclear fuel that will power the first microreactor built and operated in the United States, the company announced Wednesday. BWXT will manufacture a nuclear core for Project Pele under a $37 million award from the Idaho National Laboratory, as well as tristructural[...]
American Systems receives $1B+ DISA contract
Chantilly-based government contractor American Systems Corp. has received a contract from the Defense Information Systems Agency valued up to $1.01 billion for test, evaluation and certification services, the Pentagon announced Friday. A minimum guarantee of $10,000 will be made through a task order that will be funded by fiscal 2023 research, development, test and evaluation […]
SAIC wins $171M IT contract
Reston-based Fortune 500 contractor Science Applications International Corp. has received an IT contract valued up to $151 million from the U.S. Transportation Command, the Pentagon announced Thursday. Under the contract, SAIC will manage and support operations and modernization of the command’s IT systems and applications. The work includes classified and unclassified programs on multiple networks and […][...]
LMI acquires national security software company
Tysons-based consultancy LMI has acquired Colorado Springs, Colorado-based Synaptech, according to a news release. Terms of the deal were not disclosed. Synaptech creates digital engineering, modeling and simulation software for the national security and space industries. “LMI is thrilled to be entering the fast-paced, growing space market by acquiring Synaptech, which protects our nation’s national […][...]
Noblis defense unit receives $187M Navy contract
A subsidiary of Reston-based Noblis Inc. has received a contract worth up to $187 million to provide command, control, communications, computers, intelligence, surveillance and reconnaissance engineering services to the Navy, according to a news release. Noblis’ mission solutions for defense subsidiary will provide end-to-end engineering services to the Naval Information Warfare Center Pacific Network Integration […][...]
Leonardo DRS completes merger, goes public
Arlington-based defense contractor Leonardo DRS Inc. is now a public company. The company began trading on the Nasdaq composite Tuesday morning, opening at $11.50, following the completion Monday of its all-stock merger with Israel-based Rada Electronic Industries Ltd. to form a $3 billion company. The companies announced thei[...]
Boeing defense unit announces leadership shifts, reorganization
Arlington-based Boeing Co. Thursday announced a series of top leadership changes and a reorganization to consolidate its eight divisions within the Boeing Defense, Space and Security unit into four. Boeing said the changes, effective immediately, are aimed at accelerating its operational discipline, quality and performance and [...]
ARDX to invest $2.4M to relocate, expand in Norfolk
Health care management and IT consulting firm ARDX will invest $2.4 million to relocate and expand within Norfolk, a project expected to create at least 15 jobs, Gov. Glenn Youngkin announced Thursday. ARDX will move from Lake Wright Drive to 500 W. 21st St. to hire more staff and establish a division of health equity […]
SAIC receives $757M Army IT contract
Reston-based Fortune 500 contractor Science Applications International Corp. has received a $757 million contract to continue providing software development and management for the Army’s Enterprise Service Desk, the company announced Monday. Under the contract, SAIC will continue existing operations, optimize service delivery processes according to the service’s management framework, and expand the functionality provided by [...]
LookingGlass appoints former CIA officer to advisory board
Reston-based cybersecurity contractor LookingGlass Cyber Solutions Inc. announced Monday that it appointed former CIA officer William T. “Terry” Burruss to its advisory board. Burruss is a retired senior intelligence service officer and was most recently deputy chief of the Center for Cyber Intelligence in the CIA’s Direct[...]
Cadmus Group acquires Fairfax contractor
Massachusetts-based consultancy The Cadmus Group LLC announced Wednesday it has acquired Wheelhouse Group, a Fairfax-based business and technology consultancy and federal contractor. Financial details of the transaction were not disclosed. Founded in 2003, Wheelhouse provides organizational change management, stakeholder engagement and communications, workforce transformation and enterprise optimization services. The company employs alm[...]
