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Fairfax company wins $175M Homeland Security contract
The U.S. Department of Homeland Security awarded Fairfax-based software company Salient CRGT Inc. a $175 million contract to provide IT service desk and field engineer support services for U.S. Citizenship and Immigration Services (USCIS), the company announced last week. Under the five-year contract, Salient CRGT will provide services for approximately 27,000 USCIS end users across […]
U.Va. Health System to buy out Novant Health in NoVa partnership
The University of Virginia Health System has signed a letter of intent to buy out Novant Health U.Va. Health System, a Northern Virginia regional health system owned by the two institutions through a joint operating company that formed in 2016. Financial terms of the proposed acquisition have not been disclosed. Winston-Salem, N[...]
ODU announces $3.9M cybersecurity scholarship program
Old Dominion University announced Thursday its School of Cybersecurity and Center for High Impact Practices has received a $3.9 million National Science Foundation grant to offer scholarships to cybersecurity students. Through the grant, ODU will work with Tidewater Community College and Thomas Nelson Community College to provide full in-state tuition scholarships, an annual stipend ranging […][...]
Herndon satellite company BlackSky to go public
Herndon- and Seattle-based global monitoring company BlackSky announced Thursday it will go public following its acquisition by Osprey Technology Acquisition Corp., a transaction that values the combined company at $1.1 billion. Under the transaction, the special purpose acquisition corporation will merge with the Herndon company. BlackSky’s shareholders will own 62% of common shares of the […][...]
State GOP seeks dismissal of Chase lawsuit
The Republican Party of Virginia is asking the Richmond Circuit Court to toss out a lawsuit by state Sen. Amanda Chase, R-Chesterfield, that seeks to force the party to hold a primary election instead of a nominating convention. In papers filed this week by Washington, D.C., attorney Lee Goodman, the Republican Party of Virginia[...]
Fairfax County’s Richmond Highway area ripe for development during next decade
Between the development of Amazon.com Inc.’s $2.5 billion East Coast HQ2 headquarters in Arlington and Virginia Tech’s $1 billion Innovation Campus in Alexandria, Northern Virginia is ripe for commercial and residential development during the next decade. According to a market assessment study presented to Fairfax County’s Economic Advisory Commission, the Richmond Highway corridor (a 10-mile […][...]
Va. saw slight uptick in jobless claims last week
Initial jobless claims filed last week rose 4.9% from the previous week, according to figures released Thursday by the Virginia Employment Commission, while continued claims slightly dropped. During the week ending Feb. 13, 14,901 Virginians filed initial unemployment claims, compared to 14,203 from the week prior. Last week, [...]
Short Pump Hilton enters receivership
The Hilton Richmond Hotel and Spa in Short Pump has entered receivership after its owner, Shamin Hotels, fell behind on loan payments, according to documents filed in Henrico County Circuit Court. In an order dated Jan. 21, Fairfax-based based Crescent Hotel Management Services LLC was named special receiver for the Short Pump H[...]
BAE Systems wins $247M Space Force contract
Arlington-based defense contractor BAE Systems announced Wednesday it has received a $247 million U.S. Space Force contract to design and manufacture an advanced GPS receiver and semiconductor. Work on the contract will be performed for the Space Force’s Space and Missile Systems Center. The technology will provide positioning[...]
Tysons tech company buys Md.-based cybersecurity firm
Tysons-based tech company Applied Insight announced Wednesday it has acquired Hanover, Maryland-based cybersecurity firm Bridges Inc. Financial terms of the transaction were not disclosed. Applied Insight is backed by private equity firm The Acacia Group and provides cloud, data and cyber services to federal government customers. Bridges also provides network security and analytics services using […][...]
MicroStrategy ups the ante on bitcoin investment
Tysons-based business software company MicroStrategy Inc. is going all in on its bitcoin strategy: The company announced Wednesday it would raise $900 million from a convertible senior notes offering set to close on Friday. On Tuesday, the company announced a $600 million offering, which it upped to $900 million on Wednesday. Proceeds from the offering […]
State launches COVID-19 vaccine hotline
Gov. Ralph Northam announced Wednesday that a COVID-19 vaccine hotline, staffed with about 750 customer service employees, has launched. The number is (877) VAX-IN-VA, or (877) 829-4682. The phone number, targeted for Virginians without reliable internet access, opened the day after the Virginia Department of Health started a st[...]
