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Reston cyber intelligence business acquired by Baltimore cybersecurity firm
Cyber intelligence company Cyveillance, a Reston-based business unit of LookingGlass Cyber Solutions Inc., has been acquired by Baltimore-based cybersecurity firm ZeroFOX, the companies announced Tuesday. Terms of the acquisition were not released. Under the acquisition, ZeroFOX will absorb Cyveillance’s more than 130 employees and more than 100 customers. “Our merger with the Cyveillance team fulfills […][...]
Richmond extends deadline for small business, nonprofit relief program
The city of Richmond has extended the deadline for its Richmond Recovers Grant Program, giving small businesses and nonprofits until Oct. 19 to apply for grants ranging from $10,000 to $15,000, Richmond Mayor Levar Stoney’s office announced Tuesday. The city allocated $3 million of its federal CARES Act funding to the program, which has $1.68 […]
Reston-based defense contractors win spots on $800M Army contract
Three Reston-based companies won spots on a potential three-year, $800 million U.S. Army contract to support the branch’s Information Systems Engineering Command (USAISEC), the Department of Defense announced Monday. Fortune 100 defense contractor General Dynamics Corp., NCI Information Systems Inc. and Fortune 500 defense contractor Science Applications International Corp. (SAIC) will compete for orders under […][...]
McLean defense contractor wins $71M Air Force space task order
The U.S. Air Force awarded McLean-based defense contractor Alion Science and Technology Corp. a $71 million task order to help the branch’s research laboratory (AFRL) develop space, electromagnetic and information technologies for potential national security use, the company announced Monday. Under the task order, Alion will provide research, development, test and evaluation services to the […][...]
SAIC wins $878M GSA task order
The U.S. General Services Administration awarded Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) an $878 million task order to provide cybersecurity, engineering, tech and research and development services. Under the task order, SAIC will develop and deploy capabilities to help warfighters access critical information and data at speeds and scales necessary for […][...]
Hampton Roads State of the Region report offers sobering look at COVID-19 impacts
Old Dominion University’s Dragas Center for Economic Analysis & Policy’s 2020 State of the Region report for Hampton Roads offers a sobering look at how the pandemic has harmed the regional economy and left tens of thousands of Hampton Roads residents jobless. Employment in Hampton Roads fell dramatically, hotel occupancy continues to be outpaced by […]
A large data center could have $50M annual impact on SWVA, study finds
Southwest Virginia is well-positioned for data centers and a large data center could result in more than 2,000 jobs and $50 million in annual economic activity, according to the Project Oasis study conducted by OnPoint Development Strategies and released Monday by InvestSWVA. Due to its land availability, geothermal cooling opportunities and workforce readiness and development, […]
DXC Technologies finalizes $5B spinoff of health, human services business
Tysons-based Fortune 500 IT services company DXC Technology has completed the sale of its U.S. State and Local Health and Human Services business to private equity firm Veritas Capital for $5 billion, the Fortune 500 company announced Monday. DXC Technology announced in March it would sell the business unit, which provides technology enabled, mission critical […]
Northrop Grumman lands $1.16B Navy contract
The U.S. Navy awarded Falls Church-based Fortune 100 defense contractor Northrop Grumman Corp. a potential $1.16 billion follow-on contract to manufacture updated electronic warfare systems the branch will use to defend surface combatant vessels against anti-ship missile threats, the company announced Friday. The award include[...]
State’s COVID-19 rate stays steady at 4.8%
Virginia recorded 5,964 new COVID-19 cases and 104 virus-related deaths last week, according to the Virginia Department of Health’s Oct. 5 update. The state’s positivity rate stayed steady at 4.8%, up just 0.1% from last week. The state has 152,557 total cases and 3,276 fatalities as of Oct. 5. Meanwhile, the number of coronavirus cases […]
Smithfield Foods donates $100K to aid homeless vets
Smithfield Foods Inc. donated $100,000 to to support state government programs for homeless veterans and their families, Gov. Ralph Northam announced Friday. The donation from the Smithfield Foundation presented to the Virginia Veterans Services Foundation will be designated to the Veteran Homeless Fund, which provides one-time gap assistance to homeless veterans in the process of […]
Henrico office building sells for $1.1M
A 17,112-square-foot office building in Henrico County sold for $1.1 million, commercial real estate brokerage firm Marcus & Millichap announced last week. Located at 2120 Staples Mill Road, the building was constructed in 1974 and sits on 0.73 acres. The building was vacant at the time of the sale, and the new owners plan o[...]
