Sign In
Free Newsletter
KeyBank parent company to buy McLean data firm
Cleveland, Ohio-based financial services company KeyCorp announced Tuesday it will acquire McLean-based AQN Strategies LLC, a data and analytics firm focused on financial services established by Ben Sabloff and Nigel Morris, co-founder of Capital One and fintech venture capital firm QED Investors. Financial terms of the transaction were not disclosed. Sabloff will serve as KeyCorp’s […]
Herndon tech company buys Vienna-based IT defense biz from AT&T
Herndon-based systems integrator Tyto Athene announced Wednesday it will acquire AT&T’s Vienna-based Department of Defense-focused IT professional services business, also known as Government Solutions Inc. Financial terms of the transaction were not disclosed. Making up a small slice of AT&T’s federal business, the division acquired by Tyto provides IT professional services to DOD customers. The […][...]
Prince William company to expand manufacturing of COVID-19 test products
Prince William County-based Ceres Nanosciences Inc. will increase manufacturing of its reagent product used in COVID-19 tests, Gov. Ralph Northam announced Wednesday. The project will create 50 jobs in engineering, advanced manufacturing and materials science during the next three years. “This expansion will enable Ceres Nanosciences to vastly increase production of its patented technology to […][...]
Virginia becomes 10th state to pass domestic worker protections
RICHMOND, Va. — The Virginia General Assembly passed multiple bills providing protections and benefits for the state’s domestic workers. House Bill 2032, introduced by Del.Wendy Gooditis, D-Clarke, extends employee protection laws to domestic service workers that allows them to file complaints regarding workplace safety. The Commission of Labor and Industry would investigate such claims. Domestic […][...]
Dominion joins initiative to create electric vehicle charging network
Dominion Energy Inc. and five other major utilities announced a plan Tuesday to create a network of charging stations for electric vehicles across major highway systems stretching from Washington, D.C., to Chicago to West Texas and the Florida Heartland. The newly announced Electric Highway Coalition — made up of American Elec[...]
Vienna systems integrator acquires Herndon software company
Vienna-based systems integrator Criterion Systems announced Tuesday it has acquired Herndon-based software company Realm Consulting. Financial terms of the transaction were not disclosed. Under the acquisition, Realm will operate as a wholly owned subsidiary of Criterion. Founded in 2005, Criterion provides cybersecurity, cloud/data center management, IT infrastructure operations and systems engineering services to the federal [&hel[...]
Alion wins $89M Air Force task order
The U.S. Air Force awarded McLean-based defense contractor Alion Science and Technology Corp. an $89 million task order to provide engineering, research and development and test and evaluation services, the company announced Friday. Under the task order, Alion will focus on software and data integration, coordination, knowledge management and information sharing of systems and subsystems […][...]
Atlantic Diving Supply awarded $100M federal contract
Virginia Beach-based equipment vendor Atlantic Diving Supply (ADS) been awarded a five-year, $100 million contract from the Defense Logistics Agency (DLA) to deliver patient monitoring technology, associated accessories and training support to military and federal civilian customers. DLA selected ADS from 54 bids the agency received for the firm-fixed-price, indefinite-delivery/indefinite-quantity contract, the U.S. Department of [&hell[...]
Kansas engineering firm acquires Va. Beach geotech company
On Tuesday, Kansas-based consulting engineering firm Terracon Consultants Inc. announced that it had purchased GET Solutions Inc. for an undisclosed amount. GET is a geotechnical, environmental and materials testing firm serving public- and private-sector clients throughout the mid-Atlantic. In addition to its Virginia Beach headquarters, GET has another Virginia office in Williamsburg and North Carolina […][...]
Alexandria-based VSE Corp. buys biz unit from N.C. company
Alexandria distribution and maintenance provider VSE Corp. has purchased North Carolina-based HAECO Americas’ special services business, which provides maintenance, repair and overhaul support for government and military aircraft platforms The financial terms of the deal were not disclosed. HAECO Special Services helps maintain the U.S. Air Force’s KC-10 aircraft as a subcontractor under a U.S. […][...]
Vienna, Arlington government contractors merge
Vienna-based government contractor The Ambit Group and Arlington-based IT company GreenZone Solutions Inc. have merged. Financial terms of the transaction were not disclosed. The combined company will operate under the Ambit brand. Founded in 2004, Ambit provides mission-driven services for government customers, while GreenZone specializes in data management, operations, science and analytics. Under the merger, […][...]
San Francisco space data firm to merge with Reston SPAC to go public
San Francisco-based space-based data and analytics firm Spire Global Inc. announced Monday it will merge with Reston-based special purpose acquisition company NavSight Holdings Inc. to become a public company. Financial terms of the transaction were not disclosed, but it values the combined company at $1.6 billion and is expected to produce $475 million in gross […]
