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McLean satellite operator to buy in-flight broadband biz for $400M
McLean-based communications satellite services provider Intelsat Corp. announced Monday it will acquire in-flight broadband connectivity provider Gogo Inc.’s commercial aviation business for $400 million. Under the acquisition, Intelsat plans to pair its satellite and ground network to Gogo’s base of more than 3,000 commercial aircraft, according to a company statement. The transaction is expected to […][...]
SAIC wins $79M Air Force contract
The U.S. Air Force awarded Reston-based Fortune 500 federal contractor Science Applications International Corp. (SAIC) a five-year, $79 million contract to deliver mission engineering services to one of the branch’s missile systems, the company announced Tuesday. Under the contract, SAIC will work on the 414th Supply Chain Management Squadron’s Intercontinental Ballistic Missile (ICBM) LGM-30 Minuteman […][...]
VA awards $152M contract to Arlington firm
The U.S. Department of Veterans Affairs awarded Arlington-based federal technology contractor CACI International Inc. a six-year, $152 million contract to provide support for the department’s Financial Management Business Transformation program (FMBT), the company announced Monday. Under the contract, CACI software engineers will cleanse and convert the VA’s historical data onto the department’s new Integrated Financia[...]
Herndon federal contractor names CFO
Herndon-based federal contractor Constellis announced Monday it has hired Richard Hozik as chief financial officer, replacing Gordon Foster, who will leave the company on Sept. 30. “I’d like to thank Gordon for his incredible efforts on behalf of the company during a critical juncture, including playing a leading role in[...]
Rosetta Stone to be acquired by Dallas company for $792M
Arlington-based language learning company Rosetta Stone Inc. will be acquired by Dallas-based digital education company Cambium Learning Group Inc. (backed by private equity firm Veritas Capital Management LLC) for $792 million, the company announced Monday. The transaction is expected to close during the fourth quarter this year. “This transaction represents the next step on a […]
Virginia Tech stakes claim on data science territory
Collecting and interpreting data has always been important in science, but Tom Woteki is at the start of a process that will teach Virginia Tech students how to make better use of information in scientific fields and possibly receive lucrative job offers. Director of the university’s data analysis and applied statistics pr[...]
Parking lot hot spots succeed at PHCC
Administrators at Patrick Henry Community College hustled to install Wi-Fi hot spots in its parking lots in March when the college closed due to the coronavirus. Since many of the college’s students live in rural areas without access to broadband, creating these hot spots became an immediate need when the pandemic crisis h[...]
Federal Contractors | Technology
CRAIG P. ABOD FOUNDER AND PRESIDENT, CARAHSOFT TECHNOLOGY CORP., RESTON The former president of Herndon-based DLT Solutions Inc., Abod founded Carahsoft in 2004. With roughly $5 billion in annual revenue, the defense contractor offers software, hardware and IT consulting services in the fields of cybersecurity, accounting, business intelligence and data analysis and storage. This year […]
Partnership brings computer education to Bristol, Wise students
A new partnership is preparing Southwest Virginia middle and high school students for tomorrow’s tech jobs. As part of the United Way of Southwest Virginia’s Ignite Technology Talent Development program funded through GO Virginia Region 1, middle and high school students in Bristol and Wise County will learn about ca[...]
Telecommunications
TAD DERISO PRESIDENT AND CEO, MID-ATLANTIC BROADBAND COMMUNITIES CORP., SOUTH BOSTON Deriso is the proverbial big fish in the small pond of South Boston, where MBC has made significant headway in connecting Southern Virginia to broadband internet service, working with Old Dominion Electric Cooperative and Virginia Tech, among others. Founded in 2004, MBC owns and […]
Torc Robotics expanding, creating 350 jobs in Montgomery County
Torc Robotics plans to invest $8.5 million and create 350 jobs in Montgomery County, not far from its current operation in the Blacksburg Industrial Park, Gov. Ralph Northam announced Wednesday. The company produces self-driving vehicles and was started in 2005 by a group of Virginia Tech students who were on a robotics team together. In […]
Leidos snags $292M FAA contract
Reston-based Fortune 500 federal contractor Leidos Holdings Inc. announced Tuesday that it was awarded a $292 million contract from the Federal Aviation Administration to design and develop a system to provide air traffic controllers with real-time access to essential weather, aeronautical and National Airspace System (NAS) information through a common display system. Work on the […]
