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Three Va. companies land spots on $4.45B Air Force contract
The U.S. Air Force has awarded positions on a potential 10-year, $4.45 billion contract to three Virginia-based companies, the U.S. Department of Defense announced Friday. Reston-based General Dynamics Corp., Herndon-based ManTech and Falls Church-based Northrop Grumman Corp. were awarded spots on the contract to provide security services under DOD’s Special Access Program. Under the contract, […][...]
UPDATED: Va. becomes 2nd state with consumer data protection law
Updated March 2: Gov. Ralph Northam signed the Consumer Data Protection Act on Tuesday. In a statement, sponsor Sen. David Marsden, D-Fairfax, said, “This is a huge step forward. By creating this omnibus bill, we take the lead in data privacy in the United States. This omnibus bill is clear, concise and holds companies accoun[...]
A bright spot
The coronavirus pandemic divided Loudoun County into two worlds in 2020 — tech and touch, says Buddy Rizer, the county’s executive director for economic development. While the pandemic devastated in-person “touch” businesses such as restaurants, shops and service providers, Northern Virginia’s tech-related comp[...]
Legislation hopes to expand broadband access for low-income students
RICHMOND, Va. — The Virginia General Assembly passed legislation in an effort to expand broadband internet access to low-income students across the commonwealth. Senate Bill 1225, proposed by Sen. Jennifer Boysko, D-Fairfax, authorizes school boards to appropriate funds to partner with private companies for the purpose of implementing and subsidizing broadband internet access for low-income […][...]
Fairfax tech company names chief technology officer
Fairfax-based tech company Pyramid Systems announced Wednesday it has hired Kevin Worley as chief technology officer and head of technology operations. With more than 20 years of technology experience, Worley most recently served as vice president of solutions for digital transformation for Reston-based defense contractor Scienc[...]
Calif. company buys Progeny Systems division for $30M
Simi Valley, California-based unmanned aircraft systems (UAS) company AeroVironment announced Wednesday it has acquired Manassas-based Progeny Systems Corp.’s Intelligent Systems Group (ISG) for $30 million in an all-cash transaction. ISG develops artificial intelligence-enabled computer vision, machine learning and perceptive autonomy technologies for the Department of Defense and intelligence community. The company reported more[...]
Charlottesville construction software company acquired by Neb. firm
Omaha, Nebraska-based construction management software company Buildertrend announced Wednesday it has acquired Charlottesville-based CoConstruct, a similar software company. Financial terms of the transaction were not disclosed, but the two businesses in 2020 served a combined 23,000 clients and more than 1.1 million users, representing more than $200 billion in annual construction projects. The transaction creates […][...]
NetImpact Strategies names new CEO
Falls Church-based federal contractor NetImpact Strategies Inc. has named former Unisys Federal President Venkatapathi “PV” Puvvada as its CEO, the company announced Tuesday. Puvvada will succeed NetImpact founder Kavita Kalatur, who will remain chairperson, providing oversight and supporting NetImpact’s strategic initiatives. “PV brings the experience, capabilities and relationships critical to our next era. I have [&hellip[...]
Booz Allen wins $190M contract from Navy
McLean-based Booz Allen Hamilton has been awarded a five-year $190 million task order supporting communications, networking and computing systems for the U.S. Navy, the Department of Defense announced Tuesday. The Fortune 500 global management consulting company will receive $33.1 million up front for the first year of the contract at the Naval Information Warfare Center, […]
SAIC hires senior VP of artificial intelligence
Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) has hired Michael Scruggs as senior vice president of artificial intelligence, effective immediately. “In this newly created role, Scruggs will be responsible for driving organic growth through AI technology delivery and solutions development,” SAIC said in a statement. “He will broaden SAIC’s portfolio of AI […][...]
Reston-based ASRC Federal wins $457.5M Air Force contract
ASRC Federal Field Services LLC, which has part of its headquarters based in Reston, has been awarded a $457.5 million contract by the U.S. Air Force for base operation support, the Department of Defense announced Tuesday. The start date of the project at Vance Air Force Base in Oklahoma is April 1, and the one-year […]
MicroStrategy buys $1B+ in bitcoin
Tysons-based business software company MicroStrategy Inc. announced Wednesday that it has purchased $1.026 billion of additional bitcoin, its largest single bitcoin purchase since it began acquiring the cryptocurrency last August. With this latest transaction, MicroStrategy’s total bitcoin holdings are worth approximately [...]
