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CIT announces $7M grant funding round
The Herndon-based Center for Innovative Technology (CIT) on Thursday opened the application process for $7 million in grant funds from its new Commonwealth Commercialization Fund, focused on promoting innovation and technology commercialization initiatives. The fund started six months ago. This round will provide grants up to $100,000 to support companies’ commercialization and market entry goals. […][...]
DXC Technology receives unsolicited bid for all company shares
Tysons-based Fortune 500 IT services company DXC Technology confirmed Thursday it received an unsolicited, preliminary and nonbinding proposal from French information technology company Atos to buy all of the company’s shares. DXC will evaluate the proposal, according to a company statement. “Prior to receiving this proposal Wednesday night, DXC Technology had no knowledge of any […][...]
Booz Allen demos in-flight AI algorithm for Air Force
McLean-based Fortune 500 global management consulting company Booz Allen Hamilton Inc. announced Wednesday it demoed the use of an in-flight artificial intelligence (AI) algorithm for the U.S. Air Force Air Combat Command’s 9th Reconnaissance Wing U-2 Federal Laboratory. This marks the first time that a pilot has teamed up with AI to successfully complete a […]
Three Va. universities join Cybersecurity Manufacturing Innovation Institute
Virginia Tech announced Thursday it has been named a managing member of the Cybersecurity Manufacturing Innovation Institute (CyManII), an $111 million public-private partnership led by the University of Texas at San Antonio. George Mason University and Virginia Commonwealth University will also participate in the institute. CyManII will enter into a five-year agreement with the U.S. […]
Chantilly contractor hires president, national security solutions
Chantilly-based defense contractor VTG announced Thursday it has hired Kirk Herdman as its president for national security solutions and as a member of its board of directors. Herdman most recently served as executive vice president for business development and corporate development at Maryland-based defense contractor KeyW Corp[...]
Arlington contractor names chief financial officer
Arlington-based aerospace and defense contractor Cobham Advanced Electronic Solutions (CAES) announced Monday it has hired Sean Daily as its chief financial officer and a member of its board of directors. Daily most recently served as vice president of finance and business operations for Denver-based Lockheed Martin Space, where[...]
Md. cybersecurity company acquires Fairfax company’s product line
Columbia, Maryland-based cybersecurity company Owl Cyber Defense Solutions LLC announced Tuesday it has acquired Fairfax-based Trident’s Assured Collaboration Systems (ACS) product line. Financial terms of the acquisition were not disclosed. The ACS product line includes voice over IP, video teleconference, cross domain solution and full-motion video filtering capabilities. The acquisition adds network defense services to [&hellip[...]
Herndon company awarded intelligence contract
Herndon- and Seattle-based global monitoring company BlackSky announced Wednesday it was awarded a contract from the Intelligence Advanced Research Projects Activity (IARPA). The company declined to release the amount awarded from the contract. The IARPA leads research programs for the U.S. Intelligence community. BlackSky will work to develop IARPA’s Space-based Machine Automated Recognition Technique (SMART) […][...]
Manassas company lands $124.1M Navy contract
The U.S. Navy awarded Manassas-based government contractor LTM Inc. a potential five-year, $124.1 million contract to work with the branch’s Naval Aviation Enterprise group, the Department of Defense announced Tuesday. Under the contract, LTM will help the U.S. Navy’s Fleet Readiness Center East integrate maintenance and supply functions. It will also perform logistical, technical and […][...]
Microsoft leases space in Arlington’s Commonwealth Tower
Microsoft Corp. will open a sales headquarters in Arlington, expanding its presence in Northern Virginia, the tech giant’s president of U.S. regulated industries, Toni Townes-Whitley, announced Tuesday. Microsoft — which announced in May 2020 that it would invest $64 million to expand in Reston Town Center in western Fai[...]
Herndon contractor names president, crisis response
Herndon-based federal contractor Constellis announced Monday it has promoted Rick Tye as president of the company’s crisis response business. Joining Constellis in 2017, Tye was most recently the company’s chief growth officer. Darryle Conway will succeed him in this role. Constellis’ crisis response business provides customers with response and planning services to reduce risk, prepare […][...]
Herndon company acquires N.Y.-based IT firm
Herndon-based IT assets selling and financing company ePlus Inc. announced Monday it has acquired Rochester, New York-based System Management and Planning Inc. (SMP), an information technology company that provides services in New York and the Northeast. Terms of the acquisition were not disclosed, but the transaction will increase ePlus’ regional footprint. “Acquiring SMP strengthens our […][...]
