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SAIC exec joins Intelligence and National Security Alliance board
Arlington-based nonprofit Intelligence and National Security Alliance (INSA) named Michael LaRouche, an executive with Reston-based Science Applications International Corp. (SAIC), to its board of directors, INSA announced Thursday. INSA is a nonpartisan and nonprofit trade association that creates a public-private partnership for intelligence and national security issues. It has more than 160 corporate members and […][...]
Booz Allen Hamilton lands $113M SEC cyber defense contract
The Securities and Exchange Commission (SEC) awarded McLean-based Booz Allen Hamilton Inc. a $113 million, 10-year contract for cyber defense operations support, the company announced Thursday. The contract was awarded on Dec. 12, 2019, but announced Thursday. “Our team will provide the SEC with leading-edge, threat-centric, proactive cyber defense with the ability to detect and […]
Falls Church federal contractor NetImpact Strategies names COO
Falls Church-based federal contractor NetImpact Strategies Inc. promoted Stephanie Wilson to the company’s newly created role of chief operating officer. Most recently, Wilson served as chief strategy officer for the company and focused on business development. She has almost 30 years of experience and has also worked for Anthem’s National Government Services federal platform and […][...]
Former Va. Dept. of Emergency Management building sells for $2.7M
The former headquarters of the Virginia Department of Emergency Management (VDEM) has sold for $2.7 million to Trade Court Associates LLC, according to an announcement Thursday from Toronto, Ontario, Canada-based commercial real estate company Colliers International. The two-story, 31,825-square-foot building is located on Trade[...]
Morgan Stanley to acquire E-Trade for $13B
New York City-based wealth management company Morgan Stanley will acquire Arlington-based E-Trade Financial Corp. under a $13 billion definitive agreement expected to close in the fourth quarter of this year, the companies announced Thursday. E-Trade stockholders will receive 1.0432 Morgan Stanley stares for each of their E-Trad[...]
Virginia students could get in-state tuition despite citizenship status
RICHMOND, Va. — The state Senate and the House have advanced bills to make students living in the U.S. without documentation eligible for in-state tuition. SB 935, introduced by Democratic Sens. Jennifer Boysko and Ghazala Hashmi, would require a student to provide proof of filed taxes to be eligible for in-state tuition. [...]
Arlington machine learning developer receives $63M investment
Arlington- and Boston-based machine learning developer Carbon Relay received a $63 million investment from New York City-based venture capital and private equity firm Insight Partners, the companies announced Wednesday. Carbon Relay will use the investment to grow its Red Sky Ops platform for optimizing application performance in Kubernetes environments. Kubernetes — originally developed by Google […][...]
Amazon to open fulfillment center in Prince George County
Seattle-based Amazon.com Inc. — which is building its $2.5 billion HQ2 East Coast headquarters in Arlington — will open a fulfillment center for its AmazonBasics line in Prince George County by the end of the year, creating 150 jobs, Gov. Ralph Northam announced Wednesday. The fulfillment center will open in the former 798[...]
UiPath donates $16.4M in software licenses to GMU business school
New York City-based software developer UiPath has donated $16.4 million in software licenses to George Mason University’s School of Business for students to learn robotic process automation (RPA) technologies, the university announced Wednesday. RPA configures computer software for users to integrate human interaction actions in digital systems for business processes. With RPA, robots can capture […][...]
Bill banning holding cellphones while driving clears House, Senate
RICHMOND, Va. — The state Senate voted Tuesday in favor of a bill that would prohibit holding a phone while driving a motor vehicle on Virginia roadways and which implements a penalty for the traffic violation. House Bill 874 will head to the desk of Gov. Ralph Northam, who has voiced support for prohibiting the […]
City of Richmond moves up in general obligation debt rating
Moody’s Investors Services upgraded the city of Richmond’s general obligation debt rating to Aa1, its second-to-highest creditworthiness rating, Richmond Mayor Levar Stoney announced Tuesday. A city’s credit rating determines the amount that a locality may borrow for capital projects, including schools. The city has not received an upgrade since 2014. With this change in rating, […]
Virginia Values Veterans program certifies 1,000th employer
Reston-based computer software company Carahsoft Technology is the 1,000th employer to earn certification from the state government’s Virginia Values Veterans (V3) program, Gov. Ralph Northam announced Tuesday. Administered by the Department of Veterans Services, the V3 program is designed to connect Virginia veterans to t[...]
