SAIC wins $171.5M Navy contract for training support
The U.S. Navy awarded Reston-based Science Applications International Corp. (SAIC) a $171.5 million contract to continue providing training solutions, including virtual and synthetic training environments, as part of the Fleet Deployment Training Program supporting the U.S. Navy Fleet Forces Command and associated commands and activities, the Fortune 500 defense contractor announced Thursday. “SAIC is proud […][...]
Va. saw slight decrease in initial jobless claims last week
More than 11,000 Virginians filed initial jobless claims last week — a decrease of nearly 4,000 claims from the previous week, according to the Virginia Employment Commission. The number of initial claims filed during the Aug. 22 filing week fell to near the average weekly volume in 2009, according to the VEC. However, 249,745 people […]
Leidos snags $292M FAA contract
Reston-based Fortune 500 federal contractor Leidos Holdings Inc. announced Tuesday that it was awarded a $292 million contract from the Federal Aviation Administration to design and develop a system to provide air traffic controllers with real-time access to essential weather, aeronautical and National Airspace System (NAS) information through a common display system. Work on the […]
Newport News-based ITA awarded $50M contract
Newport News-based defense contractor ITA International LLC was awarded a five-year, $50 million contract to consolidate and modernize the U.S. Air Force’s electromagnetic spectrum operations at Eglin Air Force Base in Florida, the company announced Tuesday. EMS includes an array of frequencies used for radios, GPS, cell phones and remotely controlled devices; previously used mainly […][...]
Altamira names president and chief growth officer
McLean-based Altamira Technologies Corp. announced Tuesday that it has hired Craig Reed as president and chief growth officer. He will be part of a new executive management committee, with CEO Ted Davies and COO Blaine Worthington, according to a news release. Reed was most recently chief growth officer at Herndon-based IT compa[...]
McLean consulting service hires former TSA deputy administrator
McLean-based consulting firm Guidehouse has hired Patricia Cogswell, former deputy administrator of the Transportation Security Administration (TSA), as a strategic adviser, the company announced Tuesday. She has had a long career in public service, including leadership roles at the White House, the Department of Homeland Securi[...]
U.S. employment rising slightly but still mostly flat, survey says
A survey released Monday by Virginia Commonwealth University and Arizona State University economists indicates that coronavirus-fueled economic uncertainty may have paused the nation’s labor market recovery, which stands at 63.8% employment. The employment rate remained steady during the week of Aug. 9-15, according to the[...]
New COVID-19 cases continue to decline statewide; deaths are up
The Virginia Department of Health has reported 113,630 COVID-19 cases as of Aug. 24, an increase of 6,209 cases in the past week. The state also saw 86 more deaths from the coronavirus last week, bringing the total to 2,471. The number of new deaths is up from the previous week’s total of 58, but […]
Leidos subsidiary to build NASA spacecraft under $253M contract
Dynetics, a subsidiary of Reston-based federal contractor Leidos, has started developing a spacecraft called the Autonomous Logistics Platform for All-Moon Cargo Access through a potential $253 million contract with NASA to develop human landing systems for the agency’s lunar mission by 2024, CNBC first reported Wednesday. NASA selected Dynetics, along with Blue Origin and SpaceX, […]
Wash.-based telecomm company buys Vienna satellite tech firm
Redmond, Washington-based mobile communications company Kymeta Corp. announced Tuesday it has acquired Vienna-based satellite technology company Lepton Global Solutions LLC. Financial terms of the transaction were not disclosed. Lepton will become a wholly owned subsidiary of Kymeta under the acquisition. Founded in 2013, Lepton provides satellite communication services to intelligence agencies, special operations commands and [&helli[...]
11 Va. employers recognized for hiring veterans
Eleven Virginia employers received this year’s Virginia Values Veterans Awards, which were announced Wednesday during the virtual 2020 Virginia Veterans and Military Affairs Conference, which is hosted by the Virginia Chamber of Commerce in partnership with the Virginia Department of Veterans Services (VDVS) and the Virginia Veterans Services Foundation (VVSF). “Virginia is home to a […][...]
Business optimism down among GovCon officials
Business optimism among government contractor (GovCon) officials has dropped 16% during the pandemic, according to the Gauge Report, an annual survey conducted by Dulles-based software company Unanet and New York City-based CohnReznick LLP. “These concerns and sentiments are to be expected given the current economic climate,” Kim Koster, Unanet vice president of GovCon strategy and […]