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EU approves $36B Mars-Kellanova buy; deal to close this week
McLean-based candy and pet care giant Mars has received the European Union's blessing to acquire Kellanova, maker of Pringles, Cheez-Its and other snacks, in a $36 billion deal.
Gainesville automation company acquired by Naviant
Naviant announced last week that it has acquired Versivo, a Gainesville-based business process automation provider.
GMU law school dean leaving at end of academic year
After making accusations against George Mason University's president in congressional testimony in August, the dean of Mason's Scalia Law School is leaving at the end of the academic year.
Electra launches defense business unit
Manassas-based aviation startup Electra.aero on Wednesday announced that it has launched a new defense business unit.
Sterling drone startup joins unicorn ranks
Heven AeroTech, a Sterling-based developer of hydrogen-powered UAS, has reached unicorn status with a $100 million Series B funding raise.
TTR Sotheby’s reshapes executive team
TTR Sotheby’s International Realty names a new CEO and president and COO as longtime leader Mark Lowham becomes chairman.
Arlington defense tech firm reaches unicorn status
Govini, an Arlington County defense tech contractor, has joined the unicorn ranks with a $1.25 billion valuation.
Chantilly’s VTG makes sixth acquisition of 2025
VTG announced Tuesday that it has acquired Fairfax-based technology firm Miklos Systems, its sixth acquisition this year.
Amazon to invest $50B to expand federal AI, computing capacity
Amazon plans to invest up to $50 billion to expand artificial intelligence and supercomputing capacity for its U.S. government cloud customers.
Raytheon joint venture wins $1.25B Israeli Iron Dome contract
Raytheon-Rafael Protection Systems has been awarded a $1.25 billion contract to supply Israel with Tamir surface-to-air missiles.
BAE Systems promotes VP to chief global supply chain officer
BAE Systems announced that it has named Brad Pelachyk as its senior vice president and chief global supply chain officer, effective Dec. 20.
Penzance breaks ground on new AWS data center in Chantilly
Penzance has begun building a 45MW data center in Chantilly that will be fully leased and operated by AWS, with completion expected in 2027.
