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Industries

Jul 29, 2020

Fairfax company lands $54M cybersecurity contract

The U.S. Department of the Interior (DOI) has awarded Fairfax-based business and technology consulting company Customer Value Partners Inc. (CVP) a four-year, $54 million contract to provide department-level cybersecurity services. The award has been distributed through the DOI’s Information Management and Assurance Program Support contract. CVP will provide risk management, continuous monitoring, information security officer [&hellip[...]

Jul 28, 2020

CES to go digital for 2021

The Arlington-based Consumer Technology Association (CTA) announced Tuesday its 2021 CES tech trade show — held in Las Vegas every year — will be all digital. The nation’s premier trade show for the consumer technology industry, CES will be held from Jan. 6 through Jan. 9. “Amid the pandemic and growing global health concerns about […]

Jul 28, 2020

Amherst County launches small business relief program

The Economic Development Authority of Amherst County (EDA) announced Tuesday the launch of its $500,000 Back in Business grant program, offering small businesses up to $15,000 in funding. The EDA received the funding Department of Housing and Community Development (DHCD) Community Development Block Grant (CDBG) for small business recovery assistance. Small businesses can also apply […]

U.Va. Medical Center. Photo by Sanjay Suchak, courtesy U.Va. Health
Jul 28, 2020

U.Va. Medical Center snags No. 1 hospital rating for fifth year

University of Virginia Medical Center once again was ranked the best hospital in Virginia by U.S. News and World Report’s annual list of the best hospitals in the nation, which was released Tuesday.  “It is an honor to be ranked the No. 1 hospital in Virginia for the fifth consecutive year, and I want to […]

Jul 28, 2020

VA awards Arlington tech company $153M contract

The U.S. Department of Veterans Affairs (VA) awarded Arlington-based federal technology contractor CACI International Inc. a six-year contract worth up to $153 million to modernize the department’s legacy financial management system, the VA announced Monday. The VA received three bids for the contract, which was awarded through the General Services Administration’s Information Technology Schedule 70. […][...]

Jeff Harman
Jul 28, 2020

Atlanta firm acquires Reston telecommunications company

Atlanta-based investment company Battle Investment Group has acquired Reston-based telecommunications company Oceus Networks, the company announced Tuesday.  A transaction amount was not disclosed.  As part of the acquisition, former Oceus Networks CEO Jeff Harman will be promoted to president. Brad Antle, the former CEO of Fa[...]

Jul 27, 2020

OneWeb co-acquired by Maryland-based Hughes

Germantown, Maryland-based Hughes Network Systems LLC has joined a coalition with the United Kingdom government and Bharti Enterprises Ltd. of India to acquire London-based OneWeb, which has its U.S. headquarters in McLean, out of bankruptcy. Hughes invested $50 million in the coalition to acquire OneWeb, which has plans to launch a constellation of 650 low […]

Jul 27, 2020

Trustify CEO charged with defrauding investors

Daniel Boice, CEO and founder of Arlington-based tech startup Trustify Inc., was charged by federal prosecutors Monday with fraud and money laundering charges related to a scheme to defraud investors of $18.5 million. In a parallel action, the Securities and Exchange Commission also charged Trustify Inc. and Boice with violating the antifraud provisions of the […]

2310 Tower Place. Photo courtesy Cushman & Wakefield | Thalhimer
Jul 24, 2020

Hampton office building sells for $1.325M

An office building in Hampton has sold for $1.325 million, Cushman & Wakefield | Thalhimer announced Monday.  Located at 2310 Tower Place, the 13,500-square-foot property was purchased by Temple Realty I LLC, which will partially occupy the building. Real estate company Harrison & Lear Inc., which sold the property, wil[...]

Elkton Plaza. Photo courtesy Colliers International
Jul 24, 2020

Elkton shopping center sells for $5M

A shopping center in Elkton has sold for $5 million, Colliers International’s Virginia Retail Investment Team announced Thursday. The 90,943-square-foot Elkton Plaza was sold by an affiliate of Kodiak Properties LLC to Elkton Plaza LLC. The shopping center — 82% leased at the time of the sale — is anchored by Food Lion and[...]

Jul 24, 2020

NoVa home prices soar in June

Median home sales prices increased in Northern Virginia during June, according to the Long & Foster Real Estate Market Minute Report released Tuesday.  Loudoun County home prices rose 2%, while prices rose 17% in both Arlington County and the city of Alexandria. Inventory levels have dropped, however, causing the number of homes sold to decline, […]

Jul 23, 2020

Autodesk buys Herndon software startup

San Rafael, California-based Fortune 1000 design and construction software company Autodesk Inc. announced Thursday it is acquiring Herndon-based construction project management software developer Pype.  A transaction amount was not disclosed. This marks Autodesk’s ninth investment in a construction technology startup company, however.  Since 2017, Autodesk has acquired Assemble, BuildingConnected and PlanGrid — totaling more than[...]

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