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Northern Virginia

Jul 29, 2024

Raytheon gets $325M boost to StormBreaker contract

The U.S. Department of Defense has increased the ceiling of an existing U.S. Air Force contract held by Arlington County’s Raytheon, a subsidiary of Fortune 500 defense contractor RTX, by $325 million, the Department of Defense announced Friday.  The contract, under which Raytheon is producing StormBreaker Increment II small-diameter glide bombs for fighter jets, has been […]

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Jul 29, 2024

Herndon’s Akima wins $480M Space Force contract

The U.S. Department of Defense has awarded Five Rivers Analytics, a subsidiary of Herndon-based government contractor Akima, an indefinite-delivery, indefinite-quantity contract worth up to $480 million over 10 years, Akima announced last week. Based in Colorado, Five Rivers Analytics provides classified IT and mission support s[...]

Large facility.
Jul 29, 2024

DataBank to add leased data center to Ashburn campus

DataBank, a Texas provider of data center, cloud, and interconnection services, has signed a lease on a data center currently under construction on Red Rum Drive in Ashburn by GI Partners, the California investment firm announced Thursday.  Two other data center buildings are already located on Red Rum Drive. One is owned by Da[...]

A man wearing a blue blazer smiles at the camera.
Jul 23, 2024

Accenture Federal taps next CEO, as Goodman steps down

Starting Sept. 1, Ron Ash will take the wheel as CEO at Arlington County’s Accenture Federal Services, the federal contractor offering IT services announced Tuesday. He will also become chair of AFS’ board of managers.  Ash will succeed John Goodman, who is stepping down as CEO and chair at the end of August and will [&hell[...]

June market statistics in Northern Virginia. Image courtesy Northern Virginia Association of Realtors
Jul 19, 2024

NoVa, Hampton Roads home sales fall in June

Home sales in Northern Virginia and Hampton Roads dropped year-over-year in June, as homes stayed on the market longer and median sales prices rose. Northern Virginia June home sales in Northern Virginia fell 13.8% from June 2023 and 12.2% from May, according to data released July 11 by the Northern Virginia Association of Realt[...]

Jul 16, 2024

Inova Fairfax Hospital ranks No. 1 in Va. for fourth year

For the fourth consecutive year, Inova Fairfax Hospital in Falls Church has taken the No. 1 spot in Virginia on the U.S. News and World Report’s annual list of the best hospitals in the nation, released Tuesday.  The Inova Health System hospital also ranked first in the Washington, D.C., metro area for the fourth straight [&h[...]

A headshot of a man with gray hair wearing a blazer.
Jul 15, 2024

Bowman announces executive promotions

Michael Bruen has been named Bowman Consulting Group’s president, the Reston-based engineering services firm announced last week. Gary Bowman, who formerly was president, retains his roles as CEO and chairman. Dan Swayze, who served as executive vice president and division manager, will fill Bruen’s former role as chief oper[...]

Bill Marx
Jul 11, 2024

Grant Thornton taps new D.C. market managing principal

William “Bill” Marx Jr. is Grant Thornton’s new market managing principal for the Washington, D.C., area, the Chicago-based U.S. arm of the global accounting firm network announced Wednesday. Marx succeeds Greg Wallig, who was the company’s metro D.C.-Arlington County market managing principal and added the role of publi[...]

Jul 3, 2024

Mars acquires two veterinary diagnostics businesses

Mars has completed its acquisition of two veterinary diagnostics businesses based in France, the McLean-headquartered candy and pet care corporation announced Tuesday. Mars purchased Cerba HealthCare’s ownership stake in Cerba Vet, a network of six veterinary diagnostics laboratories in France, and Antagene, which provides DNA testing for dogs, cats, horses and wildlife, as well as […][...]

Jul 2, 2024

Dewberry wins $810M FEMA contract

The Department of Homeland Security has awarded Dewberry, an engineering, architecture and construction firm in Fairfax County, an $810 million contract to deliver logistics planning and construction services to the Federal Emergency Management Agency, according to a System for Award Management (SAM) notice published Friday. The indefinite-delivery, indefinite-quantity contract will support FEMA’s Logistics Management Directorate, [&h[...]

Jul 1, 2024

Boeing to purchase Spirit AeroSystems in $4.7B+ deal

Beleaguered aerospace and defense giant Boeing announced Monday it has entered an agreement to reacquire Boeing spinoff company Spirit Aerosystems in a $4.7 billion, all-stock transaction. The Fortune 500 company headquartered in Arlington County will also assume Spirit’s net debt, so the deal’s total value is approx[...]

A man speaks in front of a dump truck.
Jul 1, 2024

Work begins on Stafford County industrial park

NorthPoint Development, a real estate operating company based in Kansas City, Missouri, broke ground in Stafford County on Tuesday on what’s being touted as the largest industrial park project along Interstate 95 from Washington, D.C., to Richmond.  The Austin Ridge Logistics Center on Austin Ridge Drive in Stafford will incl[...]

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