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2020 Virginia’s Fantastic 50
A list of Virginia’s fastest-growing companies, the 2020 Fantastic 50. Subscribe to Virginia Business. Get our daily e-newsletter.
Va. Beach contractor lands $782M Navy contract
Navy veteran Terry Spitzer has dedicated much of his career to manufacturing equipment to be used by his former U.S. Armed Forces branch. In April, Global Technical Systems (GTS), the Virginia Beach-based company Spitzer and his wife, Yusun, co-founded in 1997, landed a $782 million contract to manufacture equipment for the Navy[...]
A catalyst for change
An unhappy customer was the engine for change at Alpha Omega Integration LLC — and is a major factor the Vienna-based information technology solutions company attributes to its success. Alpha Omega won an IT contract from the U.S. Department of State’s Bureau of Information Resource Management in 2018. But three weeks la[...]
Tech support
Cybersecurity may not be the first idea that springs to mind when thinking about the maritime industry, but it is an increasingly important field. And the new Coastal Virginia Center for Cyber Innovation (COVA CCI) at Old Dominion University is proof enough. The center’s $2.5 million, two-year budget supports its mission[...]
Leveraging the past
Vernon Green served 20 years, five months and 18 days in the Army, retiring in 2014 as a chief warrant officer after three deployments to Iraq and one to Kuwait. Today he heads his own information technology and cybersecurity business responsible for 10 major government projects. And he hires veterans like himself. During his ti[...]
Leidos subsidiary tapped to develop lunar landing system
Dynetics, a wholly owned aerospace subsidiary of Reston-based defense contractor Leidos, is one of three prime contractors awarded contracts by NASA to design the human lunar landing system that will take the first woman and next man to the moon’s surface by 2024. The other two aerospace companies are Amazon.com Inc. Presi[...]
Tysons software company CFO resigns after 6 months
Tysons-based software company MicroStrategy announced Wednesday that its chief financial officer, Lisa Mayr, has resigned after joining the company six months ago. The company’s chief operating officer Phong Le, who has previously served as the CFO, will take over the role. Mayr was hired as MicroStrategy’s CFO in October after serving as CFO at Washington, […]
Amazon donates $3.9M to CodeVA to support computer science education
Amazon.com Inc. announced Wednesday that it will donate $3.9 million to Richmond-based CodeVA through 2022 to support the Richmond-based nonprofit’s plan to offer computer science education and training to more than 700 “high-needs” schools in the commonwealth. The first of three $1.3 million installments, whic[...]
Boston tech company to acquire Arlington-based DivvyCloud for $145M
Boston-based tech company Rapid7 announced Tuesday that it’s acquiring Arlington County-based cloud security and governance tech firm DivvyCloud for $145 million. The acquisition, which will be made via a combination of cash and stock, is expected to close before June. “Joining forces with Rapid7 is a natural next step,�[...]
Perspecta Labs wins $14.5M Army contract
Chantilly-based government contractor Perspecta Inc. announced Wednesday that its research arm, Perspecta Labs, has landed a $14.5 million U.S. Army contract to use machine learning to develop a suite of capabilities for the Army to protect against cyberattacks. The project was awarded by the Army’s Combat Capabilities Dev[...]
Axios receives $5M in PPP funding
Arlington-based digital media company Axios Media Inc. announced Wednesday it received nearly $5 million in funding from the Small Business Administration’s (SBA) Paycheck Protection Program (PPP), the $349 federal relief fund that ran out of funding on April 16 after 13 days due to overwhelming demand from small busines[...]
Facebook opens applications for Va. small business grants Wednesday
Facebook Inc. announced Tuesday that it will begin taking applications for its small business grant program in Virginia on Wednesday, April 22. The social media giant opened the program to more than 30,000 businesses in more than 30 countries, including the United States, totaling $100 million. Thirty-one businesses in the Richmond region will receive a […]
