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Leidos awarded $480M contract from U.S. Customs and Border Protection
Reston-based Fortune 500 company Leidos Holdings Inc. announced Tuesday it has been awarded a $480 million contract by U.S. Customs and Border Protection (CBP) to provide multi-energy portal (MEP) systems for nonintrusive inspections of commercial vehicles at land and sea ports of entry. The award for the science and technology company includes a base period […]
Northrop Grumman lands $2.3B ICBM contract
Falls Church-based Northrop Grumman Corp. has been awarded a U.S. Department of Defense (DOD) contract for up to $2.3 billion to support propulsion subsystems for intercontinental ballistic missiles (ICBM), DOD announced on Tuesday. The 18.5-year contract provides assistance to the government in maintaining the Minuteman III weapon system. The work will be performed primarily in […]
Parsons Corp. names new CEO
Centreville-based defense contractor Parsons Corp. announced Tuesday that CEO Charles “Chuck” Harrington is retiring after nearly 40 years and will be replaced by President and Chief Operating Officer Carey Smith effective July 1. A member of Parsons’ board, Smith joined Parsons in 2016 as president of its fede[...]
3Pillar Global closes third acquisition within year
Fairfax-based product lifecycle management company 3Pillar Global Inc. has completed an acquisition of North Carolina-based software firm Software Development Europe, it announced Tuesday. It’s the third acquisition for 3Pillar during the past year — part of a growth strategy fueled by an investment from New York-based private equity investor CIP Capital, according to 3Pillar. The […][...]
NoVa housing market remains hot
Northern Virginia is continuing to see high levels of housing activity, a trend also taking place around the state and around the country. In an April 13 news release, the Northern Virginia Association of Realtors (NVAR) states that March saw a 54% month-over-month increase in new contract activity in the region, with 2,781 new [...]
Winchester apartments sell for $4.5M
WinLee Apartments, a 41-unit multifamily property in Winchester, has been purchased as an investment by Fairmont Holdings LLC for $4.5 million. Located at 320-350 Fairmont Ave. and 131-165 Peyton St., the six-building complex was sold by WinLee Apartments LTD. The sale closed on April 12. Jamie A. Scully of Cushman & Wakefie[...]
GMU Center for Government Contracting taps two fellows
The Center for Government Contracting at George Mason University has named two senior fellows, it announced this week. The Fairfax-based center added Stephanie Halcrow, who most recently served on the House Armed Services Committee as a professional staff member, and promoted researcher Eric Lofgren. Halcrow is a graduate of the U.S. Air Force Academy, who […]
Former counterintelligence official joins Peraton advisory board
The former director of the National Counterintelligence and Security Center, William “Bill” Evanina, has joined the advisory board of Peraton Inc., the Herndon-based national security contractor announced this week. Evanina led the counterintelligence center since June 2014, serving under presidents Barack Obama and Donald Trump. He also worked for more than 16 years with the […]
CACI promotes exec to CTO
Arlington-based federal technology contractor CACI International Inc. has promoted executive Glenn Kurowski as chief technology officer “Glenn’s knowledge and experience in guiding differentiated technologies from idea to the field makes him the perfect individual to ensure our customers can best execute their missions, as well as drive long-term value for our shareholders,” CACI President and […][...]
Falls Church retail center to be renovated, rebranded
Falls Plaza, a 10-acre retail center in Falls Church, will begin construction on a renovation mid-April, and will be renamed and rebranded as Birch & Broad. Located at 1200 W. Broad St., the 144,000-square-foot community shopping center will see a façade renovation, new signage, enhanced landscaping, decorative lighting and[...]
Metro committee approves $4.7B budget for FY2022
With an injection of federal funding, Metro will be able to maintain current service and accelerate repairs on the public transportation system. On Thursday, the Metro Board of Directors’ Finance and Capital Committee approved a $4.7 billion operating and capital budget for fiscal year 2022, which begins July 1. The full b[...]
Telecom company SES building $17M facility in Prince William
Luxembourg-based telecommunications company SES will invest $17 million in a new U.S. hub facility in Prince William County facility where it will merge its satellite and network operations, Virginia Gov. Ralph Northam announced Thursday. The facility is expected to create up to 200 net jobs by 2026. “In consolidating our local SES satellite and network […]
