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GDIT wins $829M Defense Intelligence Agency contract
Falls Church-based General Dynamics Information Technology Inc. (GDIT) won an $829 million contract with the Defense Intelligence Agency (DIA), the U.S. Department of Defense announced Monday. Under the fixed-price, award-fee task order, the Fortune 500 General Dynamics Corp. subsidiary will provide all IT help desk services for[...]
Amazon has hired 3,500 HQ2 workers
Amazon.com Inc. has hired 3,500 of its 25,000 planned workers for HQ2, the tech behemoth’s $2.5 billion East Coast headquarters in Arlington. Meanwhile, construction on the two office towers for HQ2’s first phase, Metropolitan Park, is more than halfway complete, company representatives said during a site tour Wednes[...]
Reston tech company promotes CFO
Reston-based tech and network security company Electrosoft Services Inc. announced Tuesday that it promoted Justin Lapington to the role of chief financial officer. Lapington had been the company’s vice president of finance since September 2020. He led the implementation of a new resource planning system and expanded the finan[...]
MicroStrategy bought $420M more bitcoin in Q3
MicroStrategy Inc. purchased nearly 9,000 additional bitcoins in the third quarter for almost $420 million, according to a quarterly report the Tysons-based business software company filed with the U.S. Securities and Exchange Commission on Oct. 28. As of Sept. 30, MicroStrategy’s holds a total of 114,042 bitcoins, valued at $7.5 billion based on a price […]
GTT Communications files for Chapter 11 bankruptcy
McLean-based telecommunications company GTT Communications Inc. announced this week that the company and some subsidiaries had filed prepackaged Chapter 11 cases. The close of GTT’s estimated $2.15 billion sale of its infrastructure division to Miami-based I Squared Capital on Sept. 16 allowed GTT to move forward on its bankruptcy cases, which it and some subsidiaries […]
Fairfax-based ICF acquires health care data management company
Fairfax-based management consulting firm ICF International Inc. has acquired Rockville, Maryland-based data management and health care information technology provider ESAC Inc., or Enterprise Science and Computing, the company announced Tuesday. Financial details of the transaction were not disclosed. Founded in 2006, ESAC’s 40-person team works on data coordination centers, big data integration and visualization, algorithm [&hell[...]
Blackboard completes merger with Fla. company
Reston-based education technology company Blackboard Inc. and Boca Raton, Florida-based Anthology Inc. higher education software company announced Oct. 25 that they had completed their merger. Financial details of the transaction were not disclosed. Anthology will be the parent company of the combined organization, with the Blackboard name remaining as a brand. Anthology has more than […]
ManTech to acquire D.C. tech firm for $350M
Herndon-based tech contractor ManTech International Corp. announced Monday that it has signed a definitive agreement to acquire Washington, D.C.-based Gryphon Technologies from Boca Raton, Florida-based AE Industrial Partners for $350 million. Gryphon Technologies provides digital and systems engineering capabilities for U.S. Department of Defense agencies, including predictive analytics, data science and cloud engineering. “This acqu[...]
Intact Technology to expand Fairfax HQ
Fairfax-based IT consulting firm Intact Technology will expand its headquarters, Gov. Ralph Northam announced Tuesday. The expansion will create more than 40 jobs, and Intact will invest at least $700,000, the governor’s office said. Virginia competed against Maryland for the project. In 2020, Intact relocated its headquarters from Greenbelt, Maryland, to Reston. The company was […]
Va. on track to achieve universal broadband by 2024
The state government expects to achieve universal broadband access in Virginia by 2024, Gov. Ralph Northam announced Tuesday, with more than $2 billion in public and private-sector funding going toward the effort. Northam’s original pledge in 2018 was to provide broadband access to the whole state by 2028, but with federal[...]
Guidehouse acquires McLean tech company
Tysons-based consulting company Guidehouse completed its acquisition of McLean-based Dovel Technologies Inc., the company announced Monday. Financial terms of the transaction, which was announced in September, were not disclosed. “With the Dovel acquisition now complete, we are thrilled to join forces and welcome our new colleagues to Guidehouse as we combine our technology-first business models […][...]
Vienna tech company acquires Colorado software engineering company
Vienna-based cybersecurity and IT company Criterion Systems Inc. acquired Colorado-based government contractor SAGE Black Consulting and Contracting LLC, the company announced Sept. 28. Financial details of the transaction were not disclosed. SAGE Black provides software engineering services to the geospatial intelligence, space and cyber industries, with an artificial intelligence/machine learning ability. SAGE Black operates as [&hell[...]
