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SAIC lands $90M Air Force contract
Reston-based Fortune 500 government contractor Science Applications International Corp. (SAIC) has been awarded a $90 million contract to help protect Department of Defense Combatant Commands from small unmanned aircraft systems. The contract was awarded by the U.S. Air Force and its Life Cycle and Management Center, Force Protection Division, the company announced in a Tuesday news […]
Chesterfield EDA acquires former speedway property
Chesterfield County will purchase the former Southside Speedway property for $4.5 million, according to a news release from the county’s Economic Development Authority. The county’s board of supervisors approved the transfer of funds for to the EDA for the purchase on June 23. The nearly 48,000-square-foot property purchase is part of a plan to expand […]
New ABC laws go into effect July 1
Starting July 1, the Virginia Alcoholic Beverage Control Authority (ABC) will begin enforcing new laws passed by the Virginia General Assembly during its 2021 session, including allowing localities to create special large outdoor entertainment districts where consumption of alcohol would be allowed. Other measures passed by the [...]
F-22 fighter jet training unit will relocate to Joint Base Langley-Eustis
The U.S. Air Force is relocating the branch’s only advanced training unit for F-22 Raptor fighter jets from Florida to Joint Base Langley-Eustis in Hampton, bringing some 2,300 people to the region, the Air Force confirmed to the Air Force Times newspaper on Wednesday, June 23. “We are thrilled to welcome the F-22 Raptor[...]
GO Virginia awards $11.1 million in economic recovery grants
The state’s GO Virginia economic development initiative announced Wednesday that it has allocated $11.1 million in grants to advance economic recovery efforts across Virginia, including a $1.45 million award to create a statewide system to support cybersecurity jobs training for Virginia’s defense contracting industry. “The targeted support that GO Virginia provides is critical to ensuring […][...]
Reston’s Trucker Tools acquired by Calif. tech firm
Reston-based Trucker Tools, a software company that provides a digital freight management platform for the transportation industry, has been acquired by Walnut Creek, California-based software company ASG. Financial details of the transaction were not disclosed. Founded in 2013, Trucker Tools offers a software suite with capacity management, predictive freight matching, automated booking, real-time GPS-based visibility […][...]
Chantilly-based CTSI acquires N.C. A/V company
Chantilly-based technology firm Corbett Technology Solutions Inc. (CTSI) announced Tuesday that it has acquired Morrisville, North Carolina-based Collaborative Technology Solutions LLC (CTS), a provider of audiovisual, security, structured cabling and sound-masking services. Financial details of the transaction were not disclosed. CTSI is a portfolio company of Chicago-based private equity firm Wind Point Partners. The transaction [&hel[...]
Reston’s LookingGlass Cyber Solutions acquires Texas tech firm
Reston-based cybersecurity contractor LookingGlass Cyber Solutions Inc. has acquired Austin, Texas-based AlphaWave Inc., a cloud-native tech company that provides attack surface management services. Financial details of the transaction were not disclosed. In a news release, LookingGlass said the transaction will complement the Reston company’s existing cybersecurity services for federal and state government customers by “ena[...]
Reston-based Ellucian to be acquired by Blackstone and Vista Equity Partners
Investment firms Blackstone and Vista Equity Partners have reached an agreement to acquire Reston-based higher education software company Ellucian, according to an announcement from the companies released Monday. Financial terms of the deal were not disclosed. New York-based Blackstone and Texas-based Vista Equity are acquiring Ellucian from Texas-based TPG Capital and Los Angeles-based Leonard Green […][...]
UK manufacturer to build $6.4M facility in Danville
MEP Ltd., a manufacturer of complex plastic and metal components for the aerospace and defense sectors, will invest $6.4 million to establish its first U.S. operation in Danville, creating 45 jobs, Virginia Gov. Ralph Northam announced Monday. The company, which will operate in the U.S. as Making Everything Possible LLC, will locate in the Cyber […]
Leidos lands $470M TSA contract
Reston-based Fortune 500 government contractor Leidos has landed a potential five-year, $470.7 million contract from the Department of Homeland Security, according to a contract award notice published June 3. The work is in support of checkpoint screening equipment deployment services for the Transportation Security Administration. The scope of the work is outlined by the request […]
AT&T wins $725M task order from Veterans Affairs
AT&T’s Oakton-based Public Sector organization secured a $725 million, 12-year task order to modernize the U.S. Department of Veterans Affairs’ data network, the company will announce Wednesday. The contract is to deliver a modernized data communications platform that will serve as a foundation for innovative Veterans Affairs (VA) technology capabilities, according to the announcement. The […][...]
