JBG Smith purchases broadband spectrum from FCC
JBG Smith announced Monday it has purchased seven blocks of Citizens Broadband Radio Service (CBRS) spectrum in Arlington County and Alexandria from the Federal Communications Commission, an acquisition that will allow the Bethesda, Maryland-based developer to build a 5G network in the National Landing area, where Amazon.com Inc. is building its HQ2 East Coast headquarters. […]
Tech Innovation Campus announces advisory board
Amid its inaugural virtual semester, the Virginia Tech Innovation Campus in Alexandria is already kickstarting its future tech talent production through the creation of an advisory board, for which top Virginia executives will provide guidance to the campus on business partnerships and projects. Top executives from Qualcomm, B[...]
Leidos lands $89M Air Force task order
The U.S. Air Force awarded Reston-based Fortune 500 federal contractor Leidos Holdings Inc. a five-year, $89 million task order to support energetics research and development for the Office of the Secretary of Defense (OUSD) and the Combat Capability Development Command, Armament Center (CCDC-AC), the company announced Friday. Under the task order awarded by the U.S. […]
SAIC announces restructuring, longtime executive retirement
Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) announced Thursday it would restructure itself along two business lines as Jim Scanlon, a longtime leader with the company and current head of SAIC’s Defense Systems Group, prepares to retire in January. Starting in the fiscal year [...]
Reston tech company names VP civilian programs
Reston-based tech and network security company Electrosoft announced Wednesday it has hired Teena Lavu as vice president of civilian programs. With more than 20 years of government contracting experience, Lavu was most recently the senior director of civilian services with NTT Data Services LLC. In her new role, she will overs[...]
Northrop Grumman lands $298M Space Force contract
The U.S. Space Force (USSF) awarded Falls Church-based Fortune 500 defense contractor Northrop Grumman Corp. a $298 million contract to help the agency develop hardware and software for a new military satellite communications system, the Department of Defense announced Wednesday. Under the contract, Northrop Grumman will build a payload to support the Space and Missile […]
HUD awards Fairfax firm $42M contract
The U.S. Department of Housing and Urban Development awarded Fairfax-based tech contractor Pyramid Systems a two-year, $42 million contract to migrate loan processing system applications to cloud computing infrastructure designed for government use, the company announced Wednesday. Pyramid Systems will use Salesforce to restructure existing software code for the Federal Housing Administration’s (FHA) legacy information […][...]
Tysons software company converts $425M cash holdings to bitcoin
The CEO of Tysons-based business software company MicroStrategy Inc., Michael Saylor announced Tuesday that the company has now purchased $425 million worth of bitcoin. In August, the company had announced that it had converted $250 million from its cash holdings into more than 21,000 bitcoins, making it one of the first public companies to use […]
DXC Technology taps CEO for spinoff health and human services business
Tysons-based Fortune 500 company DXC Technology announced Wednesday it has promoted Chief Financial Officer Paul Saleh to the new position of CEO of the company’s U.S. State and Local Health and Human Services business, which will be effective upon closing of the sale of the business unit to private equity firm Veritas Cap[...]
Va. ID management, tech company names president, CEO
French ID management and tech company IDEMIA, which has U.S. headquarters in Reston, announced Tuesday it has named Andrew Boyd as president and CEO of IDEMIA National Security Solutions (NSS), located in Alexandria. Boyd was most recently the senior vice president of defense and intelligence at Reston-based Science Applications[...]
Tysons contactless delivery tech company buys Ind.-based firm
Tysons-based startup HomeValet, which develops technology for contactless deliveries, announced Wednesday it has acquired Evansville, Indiana-based Evolve Engineering LLC, which focuses on appliance engineering. Terms of the transaction were not disclosed. “Envolve Engineering’s team has had a hand in developing home appliance products for some of the largest refrigeration brands in the industry,” Jack Simms, […][...]
Perspecta lands $98.4M Education Dept. contract
The U.S. Department of Education awarded Chantilly-based federal contractor Perspecta Inc. a three-year, $98.4 million contract to help the agency manage inquiries about federal scholarships and other forms of academic financial assistance though an omni-channel contact center. Perspecta will support the Office of Federal Student Aid (FSA) by operating the Federal Student Aid Information Center […][...]