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Amazon founder Jeff Bezos to step down as CEO in Q3
Amazon.com Inc. announced Tuesday that Jeff Bezos, who founded the e-commerce company in 1994, will step down as CEO and transition to the role of executive chair in the third quarter of 2021. Amazon Web Services CEO Andy Jassy will succeed Bezos. “Amazon is what it is because of invention,” Bezos said in a statement. [&hell[...]
Amazon reveals Arlington HQ2’s ‘Helix’ centerpiece
Despite lingering questions around when or how remote workers may return to office life following the pandemic, Amazon.com Inc. on Tuesday released fresh plans for the second phase of its $2.5 billion East Coast HQ2 headquarters in Arlington’s National Landing area, where it is gearing up to employ 25,000 people during the nex[...]
McLean tech contractor acquires Fairfax firm
McLean-based tech contractor IntelliBridge Inc. announced Monday it has acquired Fairfax-based tech company Alethix LLC. Financial terms of the transaction were not disclosed, but the acquisition will add DevSecOps and cloud services to IntelliBridge (which is backed by Enlightenment Capital), and also expand its clientele to include homeland security, federal-civilian and defense agencies. Founded in […][...]
DXC Technology says ‘non, merci’ to French company’s purchase bid
Three weeks after receiving an unsolicited and nonbinding offer to purchase all of its shares, Tysons-based Fortune 500 IT services company DXC Technology’s board has turned down the proposal from Paris-based IT company Atos SE, DXC announced Monday. According to DXC’s statement Monday night, its board determined Atos’ offer was too low and lacked certainty, […]
Dovel Technologies executive chairman to retire
McLean-based federal contractor Dovel Technologies announced Monday that Paul Leslie will retire as executive chairman and Sudhakar Kesavan will join the company as chairman of the board in March. Leslie served as Dovel’s CEO for more than eight years, during which the company focused on the federal health and civilian markets[...]
Peraton closes on $3.4B cash purchase of Northrop Grumman biz
Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. announced Monday the closure of the sale of its federal IT and mission support services business for $3.4 billion in cash to Herndon-based national security contractor Peraton, a Veritas Capital affiliate. According to the December 2020 announcement about the sale, proceeds are expected to […]
A healthy balance
For Ashburn-based IT company Sriven Technologies LLC, an emphasis on work-life balance and leading a healthy lifestyle, as well as a strong benefits packages creates a stress-free place for employees to focus on their careers, CEO Raj Kilaru says. And that makes it a place where people want to stay. Founded in 2009, Sriven Techn[...]
Reston tech company names chief growth officer
Reston-based tech company TekSynap announced last week it has hired Pete Brady as chief growth officer. With more than 35 years of experience in military operations, growth, business development and technology, he was most recently the chief growth officer with BlueWater Federal, which was acquired by Tetra Tech. Brady served in[...]
Arlington company names chief technology officer
Arlington-based Cobham Advanced Electronic Solutions (CAES) announced last week it has hired David Young as its chief technology officer. Young most recently served as vice president of advanced program development at Lockheed Martin Space. In his new role, he will work with the company’s four operating divisions on the te[...]
McLean analytics company names emerging technologies VP
McLean-based advanced analytics company Novetta announced Thursday that it has hired Todd Massengill as vice president of emerging technologies in the company’s information exploitation division. Massengill, a combat veteran with 28 years of military experience, most recently served as the senior military assistant to the Unde[...]
CACI wins $376.4M National Geospatial-Intelligence Agency contract
Arlington-based federal technology contractor CACI International Inc. was awarded a potential $376.4 million contract from the National Geospatial-Intelligence Agency to improve its structured observation management (SOM) storage and production capabilities, according to a federal System for Award Management (SAM) notice. CACI will develop and deploy a software environment allowing the agency and its partners to […][...]
Stride, formerly K12, names new CEO
Herndon-based online education provider Stride Inc., formerly K12 Inc., announced Tuesday that Nathaniel A. “Nate” Davis is retiring from his role as CEO and will be succeeded by James J. Rhyu. Davis joined the K12 board of directors in 2009 and was named chairman in 2012 and CEO in February 2018. He will remain with [&helli[...]
