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Accenture Federal Services lands $189M CDC contract
Arlington-based Accenture Federal Services has received a $189 million contract to help speed the Centers for Disease Control and Prevention’s migration to the cloud. According to a news release Thursday, AFS will work with the CDC modernize its portfolio of information technology systems, examine enhancing functionality of those systems, and move systems into a secured […]
Hitachi Energy plans $37M expansion in Halifax County
Hitachi Energy Ltd. will invest $37 million to expand its operation in Halifax County, creating 165 jobs, Gov. Glenn Youngkin announced Wednesday. The technology company will add 26,000 square feet to its existing facility in the county to make space for a new production line of large transformers to support the utility and rene[...]
Leonardo DRS wins $579M Army contract
Arlington-based Leonardo DRS Inc. has received a five-year, $579 million contract to make the Army’s next-generation thermal weapons sight, the company announced Monday. The company’s electro-optical infrared systems business will produce the device — a stand-alone, clip-on weapon sight that connects wirelessly to [...]
ASGN acquires D.C. cybersecurity firm
ASGN Inc., a Glen Allen-based Fortune 1000 provider of information technology and professional staffing services, has acquired Washington, D.C.-based Iron Vine Security LLC, a cybersecurity company that works with federal clients, ASGN announced Oct. 3. Financial details have not been publicly disclosed. Iron Vine and its team o[...]
DXC in talks with Asian buyout firm
DXC Technology Co. and Baring Private Equity Asia Ltd. are in talks after the Asian buyout firm approached the Ashburn-based Fortune 500 information technology services firm with a potential takeover, Bloomberg reported Tuesday. DXC has been working with advisers after receiving interest from a private equity firm in late Septe[...]
ManTech names new CEO, board after Carlyle buy
Now under the ownership of The Carlyle Group Inc., Herndon-based ManTech International Corp. has a new CEO and a new board of directors, the company announced Monday. Kevin Phillips will retire as CEO and president of the tech contractor and transition to chairman of the board of directors, and Chief Operating Officer Matt Tait [...]
Reading the room
In 2017, David Kern, a retired Naval submarine officer turned entrepreneur, had a lightbulb moment. While working on a data analytics project at a desk in the Naval Station Norfolk annex, he realized that his company, Virginia Beach–based Kern Technology Group LLC, needed to shift from focusing on product development to be[...]
Under construction
Hampton Roads Bridge-Tunnel Hampton and Norfolk Construction is underway along 10 miles of the Interstate 64 corridor from Hampton to Norfolk on the $3.9 billion Hampton Roads Bridge-Tunnel expansion project. In June, crews on the South Island began reassembling Mary, the 430-foot, $70 million tunnel boring machine (TBM) that wa[...]
Titanium company investing $82.1M in Halifax County
Charlotte, North Carolina-based IperionX Ltd., a minerals company that produces titanium metal powder for use in manufacturing, announced plans to establish Virginia’s first titanium demonstration facility in Halifax County, an investment of $82.1 million expected to create 108 jobs, Gov. Glenn Youngkin announced Tuesday. [...]
ECS Federal receives contract valued up to $429.5M
Fairfax-based ECS Federal LLC has received a contract valued up to $429.5 million from the Defense Information Systems Agency to improve security and reduce risk across the Army’s computer networks, the Pentagon announced Friday. Work will be performed on behalf of the U.S. Army Network Enterprise Technology Command starting Sept. 29 through March 28, 2023, […]
RapidFlight to add 119 jobs at Manassas HQ
RapidFlight LLC, a designer and manufacturer of unmanned aircraft will invest $5.5 million to establish operations in Manassas, creating 119 jobs over the next three years, Gov. Glenn Youngkin announced Friday. RapidFlight is an integrated, end-to-end provider of airborne drones. Founded in 2021 by RapidFlight President Jay Gundlach, the company works for national security and […]
Raytheon wins $985M Air Force hypersonic missile contract
Raytheon Technologies Corp.’s missile and defense division has received the go-ahead from the Air Force to move beyond the prototype phase and continue development of a new hypersonic cruise missile weapon under a nearly $1 billion contract announced by the Pentagon Thursday. The Hypersonic Attack Cruise Missile is an air-[...]
