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NYC investment firm acquires controlling interest in Reston tech startup
New York City-based Tracker Capital Management LLC announced Monday that one of its affiliates has acquired a controlling interest in Reston-based tech startup Presage Security. Financial terms of the transaction were not disclosed. Presage works to apply machine learning and advanced mathematical processing to video imagery analysis for health care, security and authenticity verification. “Tracker […][...]
Northrop Grumman lands $155M Missile Defense Agency contract
The Missile Defense Agency awarded a subsidiary of Falls Church-based Northrop Grumman Corp. a $155 million contract to work on space-based sensor technology for defending against hypersonic weapons, the Department of Defense announced Friday. Under the contract, Northrop Grumman Systems Corp. will perform on-orbit demonstration, launch and initial orbit testing work, according to the DOD. […][...]
Fairfax tech company names growth VP
Fairfax-based tech company Pyramid Systems announced Wednesday it has hired Art Boghozian as its vice president of growth. Boghozian most recently served as the director of business development for strategic accounts for Reston-based Fortune 500 defense contractor Science Applications International Corp.’s (SAIC) National [...]
CACI International executive chairman dies at 83
Arlington-based federal technology contractor CACI International Inc. announced Wednesday the death of J. Philip “Jack” London, the company’s executive chairman, at age 83. He served as chairman, president and CEO of the company from 1984 to 2007 and as executive chairman since 2007. “All of us at CACI are deeply s[...]
General Dynamics Information Technology lands $695M task order
Falls Church-based General Dynamics Information Technology Inc. (GDIT) announced Tuesday it has been awarded a $695 million U.S. Army Europe (USAREUR) Enterprise Mission Information Technology Services (EMITS) task order. Under the five-year task order, GDIT will deliver enterprise information technology, communications and miss[...]
DroneUp names chief strategy officer
Virginia Beach-based DroneUp LLC announced Tuesday it has hired Carl Smit as its chief strategy officer. In his new role, he will advise CEO Tom Walker and DroneUp’s senior leadership team to set the strategic direction of the company and focus on growing its retail drone delivery offerings. He will also oversee corporate [...]
Constellis CEO resigns, replaced by lead director
Herndon-based federal contractor Constellis announced Tuesday that CEO Tim Reardon has resigned to “pursue other interests,” and the company’s lead director, Terry Ryan, will replace him, effective immediately. “It has truly been an honor to lead such a great company with so many exceptional people, and I am excited [...]
Commonwealth Cyber Initiative unveils Technical Advisory Board
The Commonwealth Cyber Initiative (CCI) announced its inaugural Technical Advisory Board. Established in the 2018-2020 state budget, CCI is a state initiative aimed at developing public and private partnerships around developing an ecosystem in Virginia for cybersecurity, autonomous systems and data systems research and develo[...]
Mass.-based software company acquires Reston care management platform
Burlington, Massachusetts-based HealthEdge Software Inc. announced in late December that it has acquired Reston-based Altruista Health Inc. Financial terms of the acquisition were not disclosed. Founded in 2007, Altruista provides its cloud-based enterprise care management platform, GuidingCare, to approximately health care clients representing more than 16 million members. The platform streamlines management workflows. HealthEdge also [...]
Leidos completes $215M acquisition of 1901 Group
Reston-based Fortune 500 government contractor Leidos Holdings Inc. announced Thursday it has completed its $215 million cash acquisition of Reston-based information technology services company 1901 Group. The transaction was first announced on Dec. 10, 2020. “The addition of 1901 Group allows us to work together and leverage their impressive capabilities across the enterprise,” Leidos Chairman […][...]
Prince George County contractor lands $807M GSA task order
The General Services Administration awarded Prince George County-based tech contractor NCI Information Systems Inc. an $807 million task order to work on the administration’s IT strategy, the company announced Thursday. This marks NCI’s largest award in its 31-year history. Under the task order awarded by the GSA’s Federal Systems Integration and Management Center (FEDSIM), NCI […][...]
Northrop Grumman wins $325M Air Force contract
The U.S. Air Force awarded Falls Church-based Northrop Grumman Corp. a $325 million contract to support the Joint Surveillance Target Attack Radar System (Joint STARS). The contract goes toward work on the Total System Support Responsibility (TSSR) program, which will provide program management, engineering technical support, aircrew and maintenance training, supply chain and spares management, […][...]
