Parsons Corp. to raise $350M through debt offering
Centreville-based technology contractor Parsons Corp. announced Monday plans to raise $350 million through a debt offering. Proceeds from the debt offering would be used toward general corporate purposes, including acquisitions and working capital, according to Parsons. The initial conversion rate for the notes is 22.2913 shares of the company’s common stock per $1,000 principal amount […][...]
CACI International names president, national security
Arlington-based federal technology contractor CACI International Inc. announced Monday it has hired Todd Probert as president of the company’s National Security and Innovative Solutions (NSIS) sector. With more than 20 years of experience, Probert most recently served as vice president of Raytheon’s Command and Control, Spac[...]
Northern Virginia Technology Council names president, CEO
The Northern Virginia Technology Council (NVTC) announced Tuesday that Jennifer Taylor has been named as president and CEO, effective Sept. 10. In late June, Brad Schwartz was named as acting president and CEO, filling the vacancy left by the June 30 retirement of Bobbie Kilberg, who led the membership and trade association for [...]
SAIC gets $84.8M Navy contract modification
The U.S. Navy awarded Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) an $84.8 million contract modification to provide torpedo equipment and support services to the military branch as well as the governments of Australia and Taiwan, the Department of Defense announced Friday. The contract will cover the fourth option year of the […]
Vienna-based defense contractor wins $77.6M Air Force contract
The U.S. Air Force awarded Vienna-based Trace Systems a $77.6 million task order to work on the branch’s network and data sharing environment for military and mission partners, the defense contractor announced Friday. Under the contract, Trace Systems will engineer an information technology network and applications, develop software and provide technical services for the SABRE […]
SAIC CFO announces retirement
Reston-based defense contractor Science Applications International Corp. (SAIC) announced Friday that Chief Financial Officer Charles A. Mathis will retire on Jan. 29, 2021. Mathis joined the company in November 2016 as executive vice president and CFO. He will remain with the company through fiscal year 2021, while the company [...]
McLean company lands $896M Navy contract
The U.S. Navy awarded McLean-based defense contractor Alion Science and Technology Corp. an $896 million contract to provide an integrated program to deliver a multidomain live, virtual and constructive training platform. The contract was awarded through the Naval Sea Systems Command (NAVSEA) SeaPort-NxG multiple award contract, with a one-year base period and four option years. […]
Chantilly IT company names COO
Chantilly-based information technology company DirectViz Solutions LLC announced Wednesday that Chuck Thompson has been promoted to chief operating officer. With more than three decades of management experience, Thompson was most recently executive vice president of operations at the company. He succeeds Michael McHugh, who was [...]
Arlington tech company names chief development officer
Arlington-based technology services provider Halfaker and Associates LLC announced Tuesday that Amanda Axsom has been promoted to chief development officer. Axsom was most recently the executive vice president of business development at the company. In her new role, she will oversee intellectual property development, corporate[...]
Mitre Corp. names VP integration, operations
McLean-based The Mitre Corp. (MITRE) has hired Charles “Pete” Leroy as vice president of integration and operations within its public sector division, the McLean-based nonprofit research and development organization for the federal government announced Tuesday. With more than two decades of experience, Leroy most recently se[...]
CACI International acquires Mont.-based aerospace company
Arlington-based federal technology contractor CACI International Inc. announced Wednesday it has acquired Belgrade, Montana-based aerospace company Ascent Vision Technologies LLC (AVT). A transaction amount was not disclosed. Founded in 1962, CACI specializes in enterprise and mission technology. The company has approximately 23,000 employees and is on the Fortune 1000 list. AVT provides technology services that […][...]
Fairfax tech company names CFO
Fairfax-based technology and engineering company ECS (an ASGN Inc. subsidiary) announced Tuesday that it has hired Pamela Rothka as chief financial officer. Rothka was most recently CFO for Reston-based government technology company Octo Consulting Group. In her new role, she will oversee strategic finance, accounting, contracts[...]