Telos Corp. goes public with $254M IPO
Ashburn-based cybersecurity federal contractor Telos Corp. announced Thursday it plans to raise $254 million in an initial public offering. The $14.9 million shares of common stock at a price of $17 per share are listed on the Nasdaq under the ticker symbol TLS — and were up by 12% on Thursday afternoon. The offering is […]
Alexandria software company buys Reston IT services firm
Alexandria-based software and IT company Gunnison Consulting Group Inc. announced Thursday it has acquired Reston-based IT services firm Global Solutions & Services Frameworks (G2SF). Transaction details were not disclosed. Gunnison provides software development, data analytics and cybersecurity services to federal government customers, while G2SF provides IT service management, mobility engineering and management, cybersecurity e[...]
15 Va. tech companies ranked fastest-growing in North America
Fifteen Virginia tech companies earned spots on Deloitte’s 26th annual North America Technology Fast 500 Rankings list released Wednesday. “For more than 25 years, we’ve been honoring companies that define the cutting edge and this year’s Technology Fast 500 list is proof positive that technology — from software and digital media platforms, to biotech — […]
McLean-based ID.me to add 1,000 workers in NoVa
McLean-based identity verification company ID.me announced Tuesday it plans to hire 1,000 new employees in Northern Virginia before the end of 2021. ID.me, which provides identity verification services used for military discounts and group buying services online, has hired more than 300 employees thus far this year, attributable to its “explosive growth.” “Since the onset […]
U.S. Customs and Border Protection awards SAIC $973M task order
U.S. Customs and Border Protection (CBP) awarded Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) a task order worth up to $973 million to work on the CBP’s system for identifying travelers and cargo that present potential security threats to the U.S., SAIC announced Tuesday. Under the task order, SAIC will work on […]
Leesburg-based Centerpoint books $116M cybersecurity contract
Leesburg-based Centerpoint Inc. has received a five-year, $116 million contract to provide cybersecurity support services to the U.S. Department of Health and Human Services, the company announced Thursday. The contract will secure information technology infrastructure, including risk management, compliance, infrastructure support, technical assistance, communications and strategy development work for the HHS Office of the Chief [&helli[...]
Avantus Federal acquires MissionTech Solutions
McLean-based Avantus Federal has acquired Vienna-based cyberdefense contractor MissionTech Solutions, effective Nov. 12. With the purchase, Avantus Federal says it will expand its data and technology mission within the national security and intelligence community. The acquisition will advance Avantus’ data engineering, cloud capabilities and technology adoption services. The services will be a boon to Avantus’ […][...]
DXC names new CFO
Ken Sharp, a veteran finance leader, will assume the role of executive vice president and chief financial officer at Tysons-based DXC Technology on Nov. 30. Sharp will report directly to DXC President and CEO Mike Salvino and will oversee the company’s global financial strategy and reporting, investor relations, general accoun[...]
Amazon to donate $9M to NoVa nonprofits
Marking the second anniversary of the news that it would brings its East Coast headquarters to Virginia, Amazon.com Inc. will donate $9 million to several nonprofits in Northern Virginia, the company announced Monday. The gifts include $3.5 million to community organizations supporting small businesses and military families and [...]
Herndon defense contractor acquires cyberservices provider
Herndon-based ManTech International Corp. has completed its acquisition of Minerva Engineering, a provider of advanced cybersolutions. Headquartered in Hanover, Maryland, Minerva Engineering offers a range of advanced cyberservices that support the intelligence community (IC), including risk and vulnerability assessment, incident response and cyberintrusion detection, and wireless signal discovery. ManTech says the acquisition will expa[...]
BAE Systems wins two Navy task orders
The U.S. Navy awarded Arlington-based defense contractor BAE Systems Inc. two task orders totaling more than $30 million to produce and integrate a mission-critical information warfare platform for U.S Navy vessels, the company announced Tuesday. Under the task orders, BAE Systems will work on Consolidated Afloat Network Enterprise Services (CANES) for two Arleigh Burke class […]
Accenture, NuWave to work on Naval Intelligence contract
The Office of Naval Intelligence (ONI) awarded Arlington-based Accenture Federal Services (AFS) a contract to work on the Information Warfare Research Project (IWRP), and McLean-based information technology company NuWave Solutions LLC will be a subcontractor on the project. The subcontract amount was not disclosed. Under the subcontract, NuWave will help AFS create a distributed environment […][...]