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Reston telemed company announces leadership changes
Reston-based telemedicine technology provider SOC Telemed on Monday announced executive leadership appointments and promotions, effective Jan. 4. Hai Tran, who currently serves as chief financial officer and chief operating officer, has been promoted to serve as president and COO. Chris Knibb will join the company as its new CFO. With more than 20 years of […]
Wise County is first to receive Starlink internet in Va.
Wise County Public Schools announced Monday it is the first school district in Virginia to use SpaceX’s Starlink satellite internet constellation for high-speed internet. Founded by Elon Musk, aerospace company SpaceX designs, manufactures and launches spacecraft and is working to deploy its Starlink system, a constellatio[...]
Reston IT company acquires cybersecurity firm
Reston-based information technology company Intelligent Waves LLC announced Monday it has acquired Maryland-based cybersecurity firm Ski Systems Inc. Financial terms of the transaction were not disclosed. Through the acquisition, Intelligent Waves will gain cybersecurity compliance expertise. Intelligent Waves is a service-disabled veteran-owned small business that was founded in 2006 by Jared Shepard, who served in […][...]
MicroStrategy raises $650M to be invested in bitcoin
Tysons-based business software company MicroStrategy Inc. announced Friday it closed a convertible debt offering by raising $650 million, which it plans to use to increase its bitcoin holdings. MicroStrategy estimates the net proceeds from the notes sale will be approximately $634.9 million, which it will invest in bitcoin, according to a company statement. The initial […]
Virginia leads nation in COVID-19 app use
Amid grim headlines related to the coronavirus, Virginia has one piece of bright news — the commonwealth leads the nation in the percentage of citizens who have downloaded a COVID-19 app to alert users about possible instances of exposure to the coronavirus. According to a Dec. 7 report from The New York Times, a higher [&hell[...]
CACI receives $160M Air Force network operations support task order
Arlington-based federal technology contractor CACI International has secured a potential $160 million task order to provide information technology support for U.S. Air Forces Central Command’s Network Operations and Security Center (AFCENT NOSC). On Thursday, CACI said it will offer networking, cyber, help desk and technic[...]
Northrop Grumman books $73M Air Force contract to update missile tech
Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. has received a $73.2 million delivery order from the U.S. Air Force to incorporate new capabilities into a remote visual assessment tool in support of the Minuteman III missile’s production and deployment. The company will modify the Remote Visual Assessment II program to enable […]
Spotify completes $235M acquisition of Reston-based Megaphone
Music streaming giant Spotify Technology SA has completed the acquisition of Arlington-based media and education conglomerate Graham Holdings Co.’s podcast technology company, Megaphone, for $235 million, the company announced Tuesday. The acquisition was first announced Nov. 10. Founded in 2015, Megaphone provides hosting and ad-insertion capabilities for publishers and targeted ad sales for brand partners, […][...]
Leidos to acquire 1901 Group for $215M
Reston-based Fortune 500 government contractor Leidos Holdings Inc. announced Thursday it will acquire Reston-based information technology services company 1901 Group for $215 million. “We are pleased to welcome 1901 Group’s team of digital transformation experts who share Leidos’ commitment to making the world safer, healthier and more efficient through IT,” Leidos Chairman and CEO Roger […][...]
Arlington tech consultant names CTO, CGO
Arlington-based technology consulting company Definitive Logic has named Michael Conlin as chief technology officer and Ryan Elliott as chief growth officer. With more than 20 years of experience, Conlin was the first chief data officer for the U.S. Department of Defense. In his new role, he will focus on data analytics and ar[...]
Northrop Grumman CEO Kathy Warden to chair Aerospace Industries Association board
The Aerospace Industries Association (AIA) announced Tuesday it has named Northrop Grumman Chairman, President and CEO Kathy Warden to serve as the chair of the AIA’s board of governors for 2021. Mike Petters, president and CEO of Newport News-based Huntington Ingalls Industries, will serve as vice chairman. Since 1919, th[...]
PAE lands $98M Air Force contract
Falls Church-based defense and government services contractor Pacific Architects and Engineers (PAE) announced Thursday it has been awarded a $98 million contract from the U.S. Air Forces in Europe and Africa (USAFE-AFAFRICA) to provide electronic warfare operations training and infrastructure maintenance support. Task orders under the contract are projected to be performed in the United […][...]
