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WaveDancer to acquire Herndon SaaS firm for $90M
Fairfax-based software company WaveDancer Inc. announced Tuesday that it has entered into a definitive agreement to acquire Herndon-based software-as-a-service platform company Knowmadics Inc. for $90 million. Approximately $56.5 million in cash and $33.5 million of stock at a price of $6.50 per share comprise the $90 million to[...]
Va. Smart Community Testbed names tech specialist
Stafford County’s Virginia Smart Community Testbed and the Virginia Innovation Partnership Cooperation have a new technology specialist for businesses and other organizations looking to pilot their products and services. Uma Marques started as the technology specialist for the Testbed March 14, according to a news release.[...]
Leonardo DRS to sell satellite business for $450M
Arlington-based Leonardo DRS Inc., a subsidiary of Italian defense contractor Leonardo SpA, has agreed to sell its satellite communications business to SES for $450 million, according to a news release. The deal is expected to close in the second half of 2022 subject to regulatory approval. “The DRS GES [Global Enterprise Solutions] business is well-respected […]
Carilion Clinic, Richmond firm part of $3.5M concussion grant
Roanoke-based Carilion Clinic and Richmond’s BRAINBox Solutions Inc. are part of a $3.5 million National Institutes of Health grant to research and develop a new way to diagnose brain injuries in the elderly. The research will include enrolling 300 patients with head trauma and 70 patients as controls. Patients will be followed for a year […]
Accenture Federal Services wins $118M State Department contract
Arlington-based Accenture Federal Services has won a $118 million contract from the State Department to help the Bureau of Consular Affairs reduce fraud and handle data replication for passports and visas. The five-year contract includes work supporting a department database that serves as a hub for information between other government branches in support of homeland security. […]
GDIT lands $4.5B IT contract
Falls Church-based General Dynamics Information Technology has been awarded a user facing and data center services contract from the National Geospatial-Intelligence Agency (NGA) worth $4.5 billion over a 10-year period. Under the contract, GDIT, a business unit of Reston-based Fortune 500 aerospace and defense contractor Genera[...]
McLean-based Buchanan & Edwards names new COO
McLean-based Buchanan & Edwards Inc. has named Tara Davey chief operating officer, government IT consultant announced Thursday. Davey most recently served as CEO of BE’s wholly-owned subsidiary Arlington-based The Reports and Requirements Co. LLC, (R2C) where she played a key role in the acquisition and merger of RenXTech [...]
Booz Allen to acquire Reston-based cyber firm
McLean-based global management consultant Booz Allen Hamilton Inc. announced Wednesday that it plans to acquire EverWatch, a Reston-based government solutions contractor. Terms of the deal were not disclosed. The deal will allow Booz Allen to speed delivery of classified software development and analytics capabilities for national security clients and complements its artificial intelligence and cyber portfolio, […][...]
Excella wins $117M federal IT contract
Arlington-based software and information technology management company Excella has won a nearly $117 million contract to help digitize and streamline U.S. Citizenship and Immigration Service benefits and adjudication systems, the firm announced early Tuesday. Under the five-year Digital Innovation and Development II contract, Excella will assist the agency, a part of the U.S. Department of […][...]
BIO-CAT plans $35M expansion in Troy
BIO-CAT Microbials LLC, part of BIO-CAT Inc., will invest $35 million in a fermentation facility in Troy, southeast of Charlottesville, creating 20 jobs, the company announced March 3. The biotech company is a producer and wholesaler of enzymes, probiotics and microbials. Founded in 1988, BIO-CAT Microbials will expand its facil[...]
Accenture Federal Services wins nearly $200M IT contract
Arlington-based Accenture Federal Services announced Monday that it has won a $199 million, seven-year contract from the Transportation Security Administration. Under the contract, AFS will help the TSA, which is part of the U.S. Department of Homeland Security, consolidate three credentialing systems onto one platform to improve threat response and the administration’s evolving operational needs. […][...]
Chantilly-based Arcfield hires two more executives
Chantilly-based defense contractor Arcfield has hired Lori Becker as chief financial officer and Mike Smith as chief security officer, the company announced Wednesday. Both will report to Arcfield CEO and Chairman Kevin Kelly, who was named CEO and chairman in December 2021. Formerly called CTFV Acquisition Corp., Arcfield is a [...]
