Sign In
Free Newsletter
Leidos wins $64M FAA contract
The Federal Aviation Administration has awarded Reston-based Fortune 500 government contractor Leidos Holdings Inc. a $64 million contract to develop the Operational Analysis and Reporting System (OARS), a safety analysis tool. OARS will support the FAA’s Air Traffic Organization (ATO) Safety Management System though defining, identifying, assessing, treating and tracking safety risk mitigation. Leidos will […][...]
Reston telemed company announces leadership changes
Reston-based telemedicine technology provider SOC Telemed on Monday announced executive leadership appointments and promotions, effective Jan. 4. Hai Tran, who currently serves as chief financial officer and chief operating officer, has been promoted to serve as president and COO. Chris Knibb will join the company as its new CFO. With more than 20 years of […]
Perspecta wins $112M Space Development Agency contract
Chantilly-based federal contractor Perspecta Inc. announced Monday that it has received a potential five-year, $112 million contract to perform systems engineering and integration (SE&I) work for the newly established Space Development Agency (SDA). Work on the project started in late October under an initial $17.8 million task order. Under the contract, Perspecta engineers and architects […][...]
Reston IT company acquires cybersecurity firm
Reston-based information technology company Intelligent Waves LLC announced Monday it has acquired Maryland-based cybersecurity firm Ski Systems Inc. Financial terms of the transaction were not disclosed. Through the acquisition, Intelligent Waves will gain cybersecurity compliance expertise. Intelligent Waves is a service-disabled veteran-owned small business that was founded in 2006 by Jared Shepard, who served in […][...]
MicroStrategy raises $650M to be invested in bitcoin
Tysons-based business software company MicroStrategy Inc. announced Friday it closed a convertible debt offering by raising $650 million, which it plans to use to increase its bitcoin holdings. MicroStrategy estimates the net proceeds from the notes sale will be approximately $634.9 million, which it will invest in bitcoin, according to a company statement. The initial […]
Metro Rail managers cleared of allegations, but workplace is ‘disrespectful and unprofessional’
Following a three-month investigation into Metro’s Rail Operations Control Center (ROCC), the Washington Metropolitan Area Transit Authority announced Friday that complaints of racial discrimination, sexual harassment and retaliation by senior rail officials were unsubstantiated — but that disrespect and unprofessional conduct is commonplace there. San Francisco-based law firm Littler Mendelson PC conducted the independent investiga[...]
CACI receives $160M Air Force network operations support task order
Arlington-based federal technology contractor CACI International has secured a potential $160 million task order to provide information technology support for U.S. Air Forces Central Command’s Network Operations and Security Center (AFCENT NOSC). On Thursday, CACI said it will offer networking, cyber, help desk and technical s[...]
Northrop Grumman books $73M Air Force contract to update missile tech
Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. has received a $73.2 million delivery order from the U.S. Air Force to incorporate new capabilities into a remote visual assessment tool in support of the Minuteman III missile’s production and deployment. The company will modify the Remote Visual Assessment II program to enable […]
BAE to begin $184M full-rate production on Marines amphibious vehicle
Arlington-based defense contractor BAE Systems has received approval from the U.S. Marine Corps to begin full-rate production of amphibious combat vehicles (ACVS) and received a $184 million contract modification to procure an initial 36 full-rate production of the vehicles for the service branch’s ship-to-shore operations. US[...]
Spotify completes $235M acquisition of Reston-based Megaphone
Music streaming giant Spotify Technology SA has completed the acquisition of Arlington-based media and education conglomerate Graham Holdings Co.’s podcast technology company, Megaphone, for $235 million, the company announced Tuesday. The acquisition was first announced Nov. 10. Founded in 2015, Megaphone provides hosting and ad-insertion capabilities for publishers and targeted ad sales for brand partners, […][...]
Leidos to acquire 1901 Group for $215M
Reston-based Fortune 500 government contractor Leidos Holdings Inc. announced Thursday it will acquire Reston-based information technology services company 1901 Group for $215 million. “We are pleased to welcome 1901 Group’s team of digital transformation experts who share Leidos’ commitment to making the world safer, healthier and more efficient through IT,” Leidos Chairman and CEO Roger […][...]
Arlington tech consultant names CTO, CGO
Arlington-based technology consulting company Definitive Logic has named Michael Conlin as chief technology officer and Ryan Elliott as chief growth officer. With more than 20 years of experience, Conlin was the first chief data officer for the U.S. Department of Defense. In his new role, he will focus on data analytics and ar[...]
