Fairfax company wins $484M DOD contract
On Tuesday, Fairfax-based software company Salient CRGT Inc. announced it had been awarded the first of four options on a potential $482 million award supporting the U.S. Department of Defense’s (DOD) specialized information technology systems and warfighter networks. The five-year, single-award contract is named SANDBAR and was initially awarded in September 2019 as a competitive […]
Leonardo DRS pushes pause on IPO
Arlington-based Leonardo DRS Inc., a subsidiary of Italian defense contractor Leonardo SpA, is hitting the brakes on its initial public offering, its parent company announced Wednesday. No future IPO date was announced. The company attributed its decision to “adverse market conditions” that “did not allow an adequate valuation of DRS,” according to a news release. […][...]
AT&T inks $231M U.S. Treasury contract
AT&T Inc. announced Tuesday it has been awarded a $231 million contract from the U.S. Department of Treasury to modernize its voice and data networks and provide cybersecurity protections. The contract was landed by AT&T’s Public Sector organization, which is based in Fairfax County’s Oakton area. The 12-year contract was awarded through the General Service […]
SpaceLink establishes HQ in Tysons
Satellite telecommunications company SpaceLink, a subsidiary of Australian aerospace and defense contractor Electro Optic Systems, has established its headquarters in Tysons. SpaceLink is building a space relay network of satellites in medium Earth orbit that will provide secure, continuous, high-bandwidth communications between its clients’ low Earth orbit spacecraft and the ground. Clients could include commercial […][...]
Report: Snyder to purchase full control of Washington Football Team
Daniel Snyder is poised to purchase the remaining 40.5% of the Washington Football Team, which would give him full control of the NFL franchise, according to reporting by The New York Times on Wednesday. The Ashburn-based NFL’s team owners are expected to approve a waiver next week that would allow Snyder to take on an [&h[...]
New Arlington-based tech contractor names chief financial officer
Two Six Technologies Inc., a new national security technology provider based in Arlington, announced Wednesday it has hired Bob Kwaja as chief financial officer. The company was formed in February after an affiliate of global investment firm The Carlyle Group acquired IST Research and Two Six Labs. Among Two Six TechnologiesR[...]
Northrop Grumman wins missile defense contract worth up to $3.9B
Falls Church-based Northrop Grumman Corp. and partner Raytheon Missiles & Defense were awarded a Missile Defense Agency contract worth up to $3.93 billion to perform work on the U.S. ballistic missile defense system, the agency announced Tuesday. Part of an award of $1.6 billion in contracts through fiscal year 2022 to Northrop Grumman and Bethesda, […]
Omnispace, Lockheed Martin join forces for space-based 5G network
Tysons-based satellite telecommunications company Omnispace LLC has entered into a strategic alliance with Lockheed Martin Corp. to explore jointly developing a space-based 5G global network. “Omnispace is fully committed to the vision of creating a new global communications platform that powers 5G connectivity directly to[...]
Parsons Corp. lands $12.6B IT defense contract
Centreville-based defense contractor Parsons Corp. announced Tuesday that it has landed a 10-year information technology contract from the Defense Intelligence Agency worth a potential $12.6 billion. Under the Solutions for Information Technology Enterprise III (SITE III) contract. Parsons will deliver strategic, technical and program management guidance and support services to facilitate the operations and modernization […][...]
HNTB names infrastructure and mobility equity president
HNTB Corp., an infrastructure design firm based in Kansas City, Missouri, announced Tuesday that Diana Mendes has been promoted to corporate president of infrastructure and mobility equity, a newly created position based in Arlington. Mendes has spent 35 years in the infrastructure industry and previously served as HNTB’s [...]
Manassas IT consultant acquires N.C. tech firm
Manassas IT consulting services provider ARG Inc. has acquired North Carolina-based tech advisory firm NextWave Technology Providers, ARG announced last week. The financial terms of the deal were not disclosed. Adam Carreno, NextWave’s principal and founder, will join ARG as a principal. Before founding NextWave in 2020, Carreno was a cloud and technology specialist at […]
Virginia Tech names new Innovation Campus leaders
Virginia Tech announced Monday that two current employees will take leadership roles in the university’s Alexandria-based Innovation Campus. Robin Jones has been named assistant vice president for Innovation Campus student services, after serving as assistant provost for planning and resource management at Tech. Dannette G[...]