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GSA awards Fredericksburg company $66M contract
The U.S. General Services Administration (GSA) awarded a $66 million contract to Fredericksburg-based information technology company IST Research LLC to perform large-scale data collection. The funding comes from the GSA’s Phase III SBIR (Small Business Innovative Research) contract and will run through June 2025. IST Research will support information collection operations for the federal government. […][...]
Alexandria telecom firm buys New York company
Alexandria-based telecommunications company InSite Wireless Group LLC announced Wednesday it has acquired Great Neck, New York-based Repeater Communications Group LLC, an operator of leased rooftop telecommunications sites in the New York City area. A transaction amount was not disclosed. InSite Wireless is a privately owned company that manufactures tower and wireless infrastructure. With the acquisition, […][...]
Alexandria software company acquired by Massachusetts firm
Burlington, Massachusetts-based software company HealthEdge Software Inc. announced Wednesday it has acquired Alexandria-based software company The Burgess Group LLC. A transaction amount was not disclosed. The acquisition follows a majority stake investment in HealthEdge by funds managed by Blackstone Growth. “The acquisition of Burgess is a great strategic fit for HealthEdge to enter the large, […][...]
Fairfax company wins $17M contract to help with Census
The U.S. Census Bureau (USCB) has awarded Fairfax-based business and technology consulting company Customer Value Partners Inc. (CVP) a $17 million contract to help with data collection and analysis for the 2020 Census, the company announced Wednesday. “The U.S. Census Bureau gathers critical information to help our country run more efficiently,” CVP Founder and CEO […]
Manassas electronics manufacturer buys N.Y. company
Manassas-based radio frequency (RF) and microwave product manufacturer Mu-Del Electronics LLC (an Ironwave Technologies company) announced Tuesday it has acquired Floral Park, New York-based RF product manufacturing company Luff Research. A transaction amount was not disclosed. “With this acquisition, Mu-Del will be able to enhance Luff’s manufacturing quality and volume, thus offering superior products to […][...]
Ariz. company acquires Oakton risk management firm
Oakton-based risk management firm TalaTek LLC announced Tuesday it has been acquired by Arizona-based cybersecurity company Cerberus Cyber Sentinel. A transaction amount was not disclosed. Talatek will remain based in Northern Virginia. Founded in 2006, Talatek provides risk management, security and compliance services that help companies to meet Health Insurance Portability and Accountability Act (HIPPA), […][...]
Calif.-based cybersecurity firm buys Herndon cloud security company
Sunnyvale, California-based publicly traded cybersecurity company Fortinet announced Tuesday it has acquired Herndon-based cloud security company OPAQ Networks. A transaction amount was not disclosed. OPAQ Networks is a venture-backed company that raised $22.5 million in Series B financing in 2018, led by Greenspring Associates. Columbia Capital and Harmony Partners also provided financing. Fortinet made the […][...]
Unmanned Systems Association of Va. names board chair
The New College Institute in Martinsville announced Tuesday that interim Executive Director Karen Jackson has been elected as board chair of the Unmanned Systems Association of Virginia (USAV). The association is a nonprofit coalition that promotes legal and regulatory framework for growth in the unmanned systems industry in Vir[...]
DXC Technology sells health care software business for $525M
Tysons-based Fortune 500 company DXC Technology announced Tuesday it would sell its health care software provider business to privately held Italian company Dedalus Group for $525 million in cash. The DXC software is used for hospital information systems, primary and social care, integrated care and diagnostics. “The sale of our health care provider software business […]
NCI names chief operating officer
Reston-based federal contractor NCI Information Systems Inc. announced Tuesday that Chuck Hicks has been promoted to chief operating officer in addition to holding his current position as chief financial officer. Hicks joined the company in 2019 and has been serving as acting COO since March. In his combined role, he will focu[...]
Leonardo DRS lands $120M Navy contract
Arlington-based defense contractor Leonardo DRS Inc. announced Monday it has won a $120 million U.S. Navy contract to provide engineering design and test software for aircraft protection systems. The contract was awarded through the U.S. Naval Air Systems Command, and the project will be completed on the AN/AAQ-45 Distributed Aperture Infrared Countermeasure (DAIRCM). The DAIRCM […]
Ex-CommuniClique CEO sentenced for money laundering, fraud
The founder and former CEO of Reston-based CommuniClique on Wednesday was sentenced to more than 12 years in prison in an Alexandria federal court for money laundering and fraud that caused losses of $25 million to investors, according to the U.S. Attorney’s Office for the Eastern District of Virginia. “Andrew B. Powers stole $25 million […]
