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DXC makes Raul Fernandez permanent pres., CEO
Raul Fernandez is now the permanent president and CEO of DXC Technology, the Ashburn-based Fortune 500 IT company announced Thursday. DXC appointed Fernandez interim president and CEO in December 2023, replacing Mike Salvino in two of his three roles. David Herzog, DXC’s lead independent director, replaced Salvino as chair[...]
ManTech launches AI government contracting group
Herndon-based ManTech International has launched a data analytics and artificial intelligence solutions practice aimed at government clients. It will be led by Brandy Durham, a ManTech vice president and former executive with Amazon Web Services and Microsoft. The new division offers comprehensive AI consulting, AI engineering s[...]
Babel Street acquires Ohio data insights firm
Reston-based data analytics and threat intelligence tech company Babel Street has acquired Vertical Knowledge, a data products, insights and intelligence company based in Chagrin Falls, Ohio. The acquisition — which has already closed — expands Babel Street’s data sourcing, enrichment and analysis capabilities, accordi[...]
Electra aircraft backlog hits $8B
Manassas-based aviation startup Electra.aero has surpassed 2,000 orders for the electric short takeoff and landing (eSTOL) aircraft it‘s developing, totaling an $8 billion backlog, the company announced Tuesday. Electra signed a letter of intent in December 2023 to deliver its blown-lift, fixed-wing eSTOL aircraft to Finni[...]
Ellucian names new COO
Reston-based Ellucian has named Kelly Rogan its chief operating officer, the higher education software company announced Tuesday. Rogan will oversee Ellucian’s global professional services, managed services, services strategy and innovation, and customer success and support. She joins Ellucian after spending 15 years at Mi[...]
McLean-based ARG announces new president, CEO
McLean-based IT consulting firm ARG has made several changes to its executive leadership, as its president and CEO retire and move to board memberships. ARG co-owner and former CEO Greg Praske is now chairman of the 2024-25 board of directors, and Steve Praske, ARG co-owner and former president, is vice chairman of the board, ac[...]
Roanoke fintech startup KlariVis closes $11M funding round
KlariVis closed an $11 million Series B funding round, the Roanoke-based banking data analytics startup announced Thursday. KlariVis provides data analytics solutions for community banks and credit unions. The fintech company has doubled its revenue and customer count year-over-year and has 100 clients, according to a news relea[...]
Data mining
Elena Schlossberg has spent the past three-and-a-half years fighting against what some say is soon to become the world’s largest data center complex. The Haymarket resident estimates she’s participated in at least 100 Zoom calls, town halls and Prince William County meetings to protest the project, while wearing a se[...]
MicroStrategy buys $615.7M more bitcoin in December
Tysons-based tech company MicroStrategy and its subsidiaries continued to grow their cryptocurrency cache in December, nearing $8 billion in bitcoin holdings. The company and its subsidiaries purchased about $615.7 million worth of bitcoin — approximately 14,620 coins — in cash from Nov. 30 to Dec. 26, according to MicroStrategy’s Wednesday filing with the U.S. Securities […]
HawkEye 360 acquires RF Solutions
Herndon-based HawkEye 360 has acquired RF Solutions from Westminster, Colorado-based Maxar Intelligence, the satellite analytics company announced last week. Financial details of the transaction were not disclosed. It‘s the first acquisition for HawkEye 360 and gives the company ownership of two new satellites, intellectua[...]
Torc hires chief information security officer
Blacksburg-based self-driving truck company Torc Robotics, a subsidiary of Daimler Truck, hired Summer Craze Fowler as chief information security officer, the company announced Tuesday. Fowler joins Torc after serving as senior vice president of cybersecurity and IT at Boston-based driverless vehicle company Motional and leading[...]
U.Va. breaks ground on Manning biotech institute
The University of Virginia began construction Friday on the $350 million Paul and Diane Manning Institute of Biotechnology. Paul and Diane Manning launched the institute with a $100 million donation in January. Paul Manning founded PBM Products, which became the world’s largest privately owned infant formula and baby food [...]
