SEC charges Herndon-based tech company, CEO with fraud
The Securities and Exchange Commission announced charges Thursday against Herndon-based Kelvin Boon LLC/Boon.Tech and its CEO, Rajesh Pavithran, for fraud and registration violations in connection with a $5 million initial coin offering of digital asset securities. Without admitting or denying the SEC’s findings, Pavithran and his company agreed to settle the charges by consenting to […]
Perspecta names VP, campaign manager
Chantilly-based federal contractor Perspecta Inc. announced Tuesday it has hired Michael Londregan as vice president and campaign manager. Londregan has more than 30 years of experience working in the federal government and most recently served as the director of corporate communications for the Defense Intelligence Agency, wher[...]
Herndon company wins $27.8M Army contract
The U.S. Army awarded Herndon-based technology and management company Serco Inc. (a subsidiary of United Kingdom-based Serco Group plc) a $27.8 million contract to provide civilian talent management, the company announced Tuesday. Through the contract, Serco will provide analytic, management and advisory services for the Army’s civilian workforce and provide talent management architecture for the […][...]
MicroStrategy converts $250M cash holdings to bitcoin
Tysons-based business software company MicroStrategy Inc. announced Tuesday it has converted $250 million from its cash holdings into more than 21,000 bitcoins. The company will keep its bitcoin holdings on its corporate treasury reserve — which MicroStrategy CEO Michael J. Saylor said in a statement will be the the principal holding in its treasury reserve […]
Chantilly IT company names CEO
Chantilly-based information technology company DirectViz Solutions LLC announced Friday that Michael McHugh has been promoted to CEO. McHugh was most recently the company’s chief operating officer, and has more than 25 years of experience working in the technology industry. Before his time with DirectViz, he served as presid[...]
Perspecta wins $112M Homeland Security contract
The U.S. Department of Homeland Security awarded a contract worth up to $112 million to Perspecta Inc. to provide managed information technology services to the department’s data centers, the Chantilly-based federal contractor announced Thursday. “This award reinforces our standing as a premier provider of end-to-end next generation managed IT services,” Rocky Thurston, senior vice president […][...]
McLean-based wireless provider announces new leadership
McLean-based wireless technology company Kajeet announced Wednesday it has hired Melissa Blanken as vice president of marketing and Bill Stribrny as vice president of sales. For 25 years, Blanken has worked in marketing and was most recently the chief marketing officer with McLean-based internet company ID.me. She has also previ[...]
GSA awards Reston tech company $11.8M contract
The General Services Administration (GSA) has awarded Reston-based government technology company Octo Consulting Group an $11.8 million contract to provide framework and architecture services for the GSA’s System for Award Management (SAM). Under the GSA’s CIO Modernization and Enterprise Transformation contract, Octo will provide Scaled Agile Framework (SAFe) and business and technical architecture for the […][...]
Richmond nonprofit wins $2.99M National Science Foundation grant
The National Science Foundation (NSF) has awarded Richmond-based nonprofit CodeVA a four-year, $2.99 million project award to develop a computer science program for teaching history to underserved communities in Virginia. This is CodeVA’s first federal grant award. CodeVA was awarded the Discovery Research PreK-12 (DRK-12) program grant for its proposal “Reaching Across the Hallway: An […][...]
Fredericksburg firm lands $55M Navy contract
The U.S. Naval Surface Warfare Center Dahlgren Division (NSWCDD) awarded a $55 million contract to Fredericksburg-based engineering and technology contractor SimVentions Inc. to provide systems engineering and software development services, the company announced Friday. Under the five-year contract, SimVentions will work on the Track Management Engineering Analysis and Support system out of the NSWCDD. The […][...]
McLean satellite provider names VP global government affairs, policy
McLean-based communications satellite services provider Intelsat Corp. announced Monday it has hired Peter B. Davidson as vice president of global government affairs and policy. Davidson was most recently the deputy dean for strategic initiatives and an assistant professor at George Mason University’s Antonin Scalia Law Scho[...]
Va. tops annual tech business rankings
Virginia topped the charts in many categories of Business Facilities’ 16th Annual State Rankings Report released last week — especially for technology. This year, Virginia was ranked No. 1 for its cybersecurity leaders, digital infrastructure and unmanned aerial systems and No. 2 for its business climate. This was the first year that the national business […]