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Fl.-based private equity firm acquires Alexandria software company
Boca Raton, Florida-based private equity firm AE Industrial Partners LP announced late last week it had acquired Alexandria-based software company Linkware LLC and security and travel consulting firm Pangiam. Financial terms of the acquisitions were not disclosed. AEI will combine Linkware with Pangiam to form a travel solutions technology platform. The combined entity will operate […]
Gannett division acquired by Silicon Valley CRM developer
Silicon Valley-based customer relationship management developer SugarCRM announced late last week it had acquired New Jersey-based W-Systems, a division of McLean-based Gannett Co. Inc.’s UpCurve, which it acquired in 2019. Financial terms of the deal were not disclosed. Under the acquisition, SugarCRM will expand its implementation services for its artificial intelligence-powered sales, marketing and service […][...]
Reston telecom company taps comms market president
Reston-based telecommunications infrastructure company Transaction Network Services (TNS) announced Tuesday that Bill Versen has been promoted as president of the communications market. Versen joined TNS in 2018 as the company’s chief product officer. In his new role, he will oversee sales and go-to-market strategy. He wil[...]
McLean health tech firm names senior VP, corporate strategy
McLean-based health information technology provider CNSI announced Monday it has hired Verlon Johnson as senior vice president of corporate strategy. Johnson was most recently the vice president of health care policy and program management for IBM Watson Health’s Government Health and Human Services business group. In he[...]
Peraton lands $950M Air Force contract
The U.S. Air Force awarded Herndon-based national security contractor Peraton a $950 million contract to provide services in support of the branch’s Advanced Battle Management System (ABMS), a component of the Department of Defense’s Joint All Domain Command and Control (JADC2) effort, the company announced Monday. Under the contract, Peraton will provide services including open […][...]
BAE Systems announces $100M investment in Iowa facility
Arlington-based defense contractor BAE Systems Inc. announced Thursday it is investing more than $100 million to construct a facility in Cedar Rapids, Iowa, for its newly acquired navigation and sensor systems business, which makes mission-critical military GPS products. “Our world-class military GPS business is built on the r[...]
SAIC names executive VP, CFO
Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) announced Thursday it has hired Prabu Natarajan as executive vice president and chief financial officer, effective Jan. 4, 2021. Natarajan most recently worked with Falls Church-based Fortune 100 defense contractor Northrop Grumman Corp. [...]
Cincinnati consulting firm buys McLean tech contractor
Cincinnati-based engineering, consulting and technical services company Belcan LLC announced late last week it has acquired McLean-based tech contractor Telesis Corp. Financial terms of the acquisition were not disclosed. This marks Belcan’s 15th acquisition under its ownership by AE Industrial Partners LP, a private equity firm that specializes in aerospace, defense and government services, power […][...]
Roanoke tech company buys Md.-based fiber optic manufacturer
Roanoke-based optical technology company Luna Innovations Inc. announced late last week it has acquired Owings Mills, Maryland-based fiber optic equipment manufacturer New Ridge Technologies LLC. Financial terms of the deal were not disclosed. New Ridge Technologies develops and manufactures fiber optic test and measurement equipment and advanced fiber optic subsystems for telecommunication applications. The acquisition […][...]
General Dynamics business unit wins $42.6M contract modification
The U.S. Navy awarded Fairfax-based General Dynamics Mission Systems a $42.6 million contract modification to continue work on sustaining integrated combat management systems and associated platforms used by the branch’s littoral combat ships, the Department of Defense announced Wednesday. General Dynamics Mission Systems is a business unit of Reston-based defense contractor General Dynamics Corp. Under […][...]
Herndon data center development company acquired by Stockholm firm
Herndon-based data center development company EdgeConneX announced Thursday the closing of its acquisition by Stockholm-based EQT Infrastructure from an investor group led by Providence Equity Partners. Financial terms of the deal were not disclosed. The companies received regulatory approval for the definitive agreement that was first announced Aug. 19. The acquisition by EQT Infrastructure will […][...]
Tysons contractor names resource conservation VP, CX director
Tysons-based government contractor NuAxis Innovations announced Wednesday it has hired Denise Manning as vice president of resource conservation. With more than 30 years of experience, Manning previously served as president of management consulting firm G&B Solutions, a wholly owned subsidiary of Alexandria-based VSE Corp. In 2013, she launched Manning Outcomes, another management consulting firm. In […][...]
