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Technology

Brett Malone. Photo courtesy Virginia Tech
Jun 18, 2020

Tech names president, CEO for Corporate Research Center

Virginia Tech announced Thursday that Brett Malone will become the next president and CEO of the university’s Corporate Research Center (CRC), effective July 1. Malone succeeds longtime CRC President and CEO Joe Meredith, who retired in February after 27 years in the position. A “triple Hokie” (earning his bach[...]

Jun 17, 2020

$2.48M in state research grants awarded to tech firms, universities

Gov. Ralph Northam announced Wednesday that $2.48 million in grant funding from the Commonwealth Research Commercialization Fund (CRCF) will be dispersed among small technology businesses and universities to be used to commercialize research in sectors including clean energy, cybersecurity, data analytics, life sciences and unmanned systems. “These entrepreneurs and innovators are on the front lines […][...]

Jun 15, 2020

Accenture Federal Services wins $341M federal contract

Accenture Federal Services (AFS), an Arlington-based subsidiary of Irish Fortune Global 500 company Accenture, announced Monday it has been awarded a $341 million U.S. Department of Commerce (DOC) contract to consolidate its business systems and data platform.  Under the contract, AFS will move the DOC’s finance, acquisition, property, and enterprise data warehouse into a commercial […][...]

Jun 15, 2020

CIT invests in Alexandria agriculture software company

State government-backed venture fund CIT GAP Funds announced Monday it has invested in Alexandria-based software developer Agrology. An investment amount was not disclosed. Agrology’s software/hardware-as-a-service platform allows farmers to deploy sensors to track environmental factors that could affect crop yields. Its technology also allows farmers to apply optimal amounts of fertilizer and irrigation to certain […][...]

Jun 15, 2020

Activist hedge fund buys 5.9% stake in Perspecta

New York City-based activist hedge fund Jana Partners LLC has acquired 5.9% (9.4 million shares) of the stock of Chantilly-based government contractor Perspecta, according to U.S. Securities and Exchange Commission documentation. According to a Reuters report, Jana Partners is expected to encourage Perspecta to pursue a sale or merger. Jana intends to push Perspecta stock […]

Jun 15, 2020

McLean analytics company acquires Md. software firm

McLean-based analytics technology company Novetta Solutions LLC announced Monday it has acquired Annapolis Junction, Maryland-based software and analytics company WaveStrike LLC.  The financial details of the transaction that closed on June 10 were not disclosed. “Combining our complementary capabilities and talented teams mean stronger support for our customers,” Novetta President and CEO Tiffanny Gates said […][...]

Jun 15, 2020

Calif. tech firm’s $12.4M Va. relocation will create 700 jobs

Calabasas, California-based tech and professional services company ASGN Inc. will invest $12.4 million to move its corporate headquarters and operations to Virginia, creating a total of 700 jobs, Gov. Ralph Northam announced Monday. “The creation of 700 new jobs is critical as we work to rebuild and strengthen our economy from the impacts of COVID-19,” […]

Jun 15, 2020

Arlington defense contractor wins Air Force contract worth up $950M

Arlington-based aerospace and defense contractor Raytheon Intelligence and Space was awarded an Air Force contract valued up to $950 million to aid in developing a command and control network. One of the four business segments of Waltham, Massachusetts-based Raytheon Technologies Corp., Raytheon Intelligence and Space will work to develop the Advanced Battle Management System (ABMS) […]

Jun 12, 2020

Spaceflight Industries closes deal with Japanese companies

Seattle-based Spaceflight Industries Inc. — which has a Herndon location — announced Friday it has officially sold its satellite rideshare business to Tokyo-based Mitsui & Co. Ltd. and Chiba, Japan-based Yamasa Co. Ltd.  Financial terms of the transaction were not disclosed.  The sale was first announced in February and passed a review by the U.S. […]

Jun 12, 2020

Va. launches platform to connect people to jobs, education

With more than 400,000 Virginians unemployed, the state has launched a platform designed to connect people to educational and work opportunities broken down by region, Gov. Ralph Northam announced Friday. The Virginia Career Works Referral Portal connects people to training, certification, education and employment services to aid in job search and career development. Users can […]

Jun 11, 2020

SOSi consolidates defense IT and intelligence solutions units

Reston-based defense and government contractor SOS International LLC (SOSi) announced Tuesday it is consolidating its defense information technology and intelligence solutions business units into a new Defense and Intelligence Solutions Group. The new business unit will be led by Ed Bachl, co-founder of Vykin Corp., a Florida-based information technology solutions company that SOSi acquired in […][...]

Perspecta CEO Mac Curtis
Jun 11, 2020

Perspecta CEO becomes chairman of board

Mac Curtis, president and CEO of Chantilly-based federal contractor Perspecta Inc., has been appointed chairman of the company’s board of directors, effective Aug. 5, the date of the company’s 2020 annual shareholders meeting. Curtis has served as president and CEO of Perspecta since the publicly traded company was l[...]

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