Two govcons to merge, move HQ to NoVa
Colorado-based government contractor Vectrus Inc. and Mississippi-based The Vertex Co. will merge to form a company that will be based in Northern Virginia. Vectrus shareholders approved the all-stock merger, expected to close in the third quarter of 2022, on Wednesday. The combined company will be named V2X Inc. and will trade [...]
Amyx CFO to retire; new CFO named
Reston-based federal contractor Amyx Inc. has announced its chief financial officer Rosalind Kadasi will retire on July 1 and Ryan Marsden, her successor, will join the company June 13. Kadasi has been Amyx’s CFO since 2017 but has more than 20 years of executive experience leading finance, accounting and administration fo[...]
BWXT subsidiary to build first U.S. nuclear microreactor
BWXT Advanced Technologies LLC, a subsidiary of Lynchburg-based nuclear components and fuel supplier BWX Technologies Inc., will build the first advanced nuclear microreactor in the United States under a $300 million contract awarded by the Department of Defense’s Strategic Capabilities Office, the company announced Thur[...]
Atlantic Diving Supply names new CEO, COO
Virginia Beach-based Atlantic Diving Supply Inc. (ADS) has promoted Ryan Angold to CEO, the company announced Tuesday. Angold replaces Jason Wallace, who has stepped down from leading the company since 2014. Also, ADS promoted John Dunn to chief operating officer, adding to his duties as chief financial officer. Their new roles [...]
Raytheon moving global HQ to Arlington
Raytheon Technologies Corp. announced Tuesday that it will relocate its global headquarters from Massachusetts to Arlington in the third quarter of this year, a move that will see four of the top five U.S.-based aerospace and defense contractors headquartered in Virginia. Raytheon is the second-largest defense company in the wor[...]
General Dynamics Missions Systems, Iridium land $324M space contract
Fairfax-based General Dynamics Missions Systems and McLean-based Iridium Communications Inc. have received a $324 million contract to build and provide network operations and support for the National Defense Space Architecture. The award, from the Space Development Agency, includes a $162.9 million base and $161.5 million in options. Under the contract, General Dynamics Missions Systems and […][...]
Leidos receives Navy undersea warfare contract
Leidos Inc., the Reston-based Fortune 500 government contractor, has received a nearly $24 million contract from Naval Sea Systems Command to install, integrate and maintain the Navy’s AN/SQQ-89 Surface Ship Undersea Warfare combat systems, according to a Department of Defense announcement last week. The contract includes options that could bring the total award to nearly […]
Boeing will move global HQ to Arlington
The Boeing Co., the world’s third-largest defense contractor, is moving its global headquarters from Chicago to Arlington, the company announced May 5. With more than 141,500 employees worldwide and operations in more than 65 countries, the aerospace and defense company will be the largest defense contractor headquartered in [...]
Va.-built carriers get star turn in new Top Gun flick
Shipbuilders at Newport News Shipbuilding got to see some of their work on the big screen when they were treated to early viewings of “Top Gun: Maverick” this week. The latest film about Navy aviator Pete “Maverick” Mitchell – starring Tom Cruise – is touching down in theaters across the country and f[...]
HII names new VP for Columbia-class submarines
Newport News-based Fortune 500 contractor Huntington Ingalls Industries has named Brandi Smith vice president of the Columbia class submarine program at its Newport News Shipbuilding division. Smith succeeds Charles Southall, who is retiring July 1 after more than 35 years, HII said in a news release Thursday. The Columbia class[...]
Gainwell Technologies hires new client engagement officer
Tysons-based Gainwell Technologies has named Karen Shields as its chief client engagement officer, the health and human services IT provider announced last week. Shields will work in collaboration with Gainwell’s project management team to anticipate and fulfill client needs, according to a news release. She previously ser[...]
Parsons to acquire Xator for $400M
Parsons Corp., a Centreville-based federal contractor specializing in technology-focused defense, intelligence, security and infrastructure engineering, has entered into a definitive agreement to acquire Reston-based Xator Corp. for $400 million, the company announced Monday. Founded in 1944, Parsons is a publicly traded Fortune[...]