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In summer 2025, George Mason University is scheduled to open a distinctive, $168 million, 360,500-square-foot glass-and-steel tower on its Virginia Square campus in Arlington. Inside its walls, the university’s commitment to innovation, entrepreneurship and the creation of a tech-savvy workforce will be on full display. In its[...]
Turning the corner
When the COVID-19 pandemic hit last year, it felt as if the long-running goal of transforming Tysons from a commuter-driven “edge city” into a vibrant, urban, walkable destination “would be so disrupted,” says Victor Hoskins, president and CEO of the Fairfax County Economic Development Authority. But the increase in soci[...]
Peraton lands $130M DOD contract
Herndon-based national security contractor Peraton Inc. has received a five-year contract worth up to $130 million to assist the Department of Defense with modernizing computer applications to determine benefits eligibility, it announced Thursday. Under the Entitlements and Benefits Application Modernization and Sustainment program, Peraton will help the Defense Manpower Data Center (DMDC) upgrade nearly 100 […][...]
Sonny Merryman taps new president and CEO
Beginning Aug. 9, Caley Edgerly will take the wheel as president and CEO of Lynchburg bus dealer Sonny Merryman Inc., as current CEO Floyd Merryman III moves into his new role as executive chairman of the family business started by his father nearly 55 years ago. Edgerly previously served as president and CEO of North […]
CACI wins $496M Air Force contract
Arlington-based Fortune 500 federal contractor CACI Innovations Inc. has won a nine-year contract potentially worth $496 million with the U.S. Air Force Sustainment Center. Under the indefinite delivery, indefinite quantity Air Force Automated Test System Sustainment Initiative II contract, CACI will support the mission of the Ogden Air Logistics Complex in Utah. The contractor will […]
Noblis rebrands subsidiary to encompass defense portfolio
Reston-based Noblis is rebranding its McKean Defense Group subsidiary as Noblis MSD (mission solutions for defense), the not-for-profit federal contractor announced Wednesday. Noblis closed its acquisition of Philadelphia-based McKean Defense Group and its affiliates on April 30, creating a wholly owned subsidiary. Cabrillo Tech[...]
Va. jobless claims saw slight decrease last week
Virginia’s initial and continued unemployment claims decreased last week, the Virginia Employment Commission reported Thursday. For the filing week ending July 24, the state recorded 6,178 new jobless claims, down 126 from the previous week, while continued claims totaled 33,603, down 1,599 from the previous week. Compared[...]
Northam proposes $111M for undergrad financial aid
Virginia Gov. Ralph Northam announced Thursday that he wants to designate $111 million in federal aid to financial aid for undergraduate students: $100 million for public higher education institutions through the State Council for Higher Education in Virginia and $11 million for private institutions eligible for SCHEV’s Vi[...]
BAE Systems locks onto $117M subcontract for missile-seeking tech
Arlington-based defense contractor BAE Systems Inc. received a $117 million subcontract from Lockheed Martin Corp. to produce missile-seeker technology for long range anti-ship missiles (LRASM), it announced Monday . The seeker technology enables LRASM to detect and engage maritime targets in contested environments with less dep[...]
Accenture Federal Services wins $729M Army contract
Arlington-based Accenture Federal Services won a $729 million contract from the U.S. Army, it announced Tuesday. Under the six-year contract, AFS will help the U.S. Army Communications-Electronics Command (CECOM) consolidate multiple enterprise resource planning systems into a single model. The company will support the Army Shared Services Center (SSC) initiative of CECOM with capability support […][...]
REI Systems secures $400M FDA contract
Sterling-based IT company REI Systems secured a five-year, $400 million contract from the U.S. Food and Drug Administration, the company announced Tuesday. Under the single-award Criminal Investigations, Imports and Systems Inspection Regulatory Compliance and Enforcement contract, REI will support the FDA’s Office of Regulatory Affairs in the development and operations of mission-critical systems that help […][...]
Virginia snags “Best Business Climate” state ranking
Virginia is the state with the “Best Business Climate” in the nation, according to Business Facilities magazine’s 17th annual State Ranking Report, released Wednesday. Last year, Texas held the No. 1 spot, with Virginia taking second. After falling off Business Facilities’ top 10 list in 2014 and 2015, Virginia placed ninth in 2016, fourth in […]
