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Herndon company acquires N.Y.-based IT firm
Herndon-based IT assets selling and financing company ePlus Inc. announced Monday it has acquired Rochester, New York-based System Management and Planning Inc. (SMP), an information technology company that provides services in New York and the Northeast. Terms of the acquisition were not disclosed, but the transaction will increase ePlus’ regional footprint. “Acquiring SMP strengthens our […][...]
Politico to acquire E&E News
Arlington-based political and policy-focused news organization Politico announced last week it will acquire energy and environment news organization E&E News. Terms of the acquisition were not disclosed, but the purchase will add energy and environmental coverage, according to a company statement. The E&E Brand will remain intact. “We are doubling down on our policy coverage […]
Qatar Investment Authority invests $125M in Arlington company
Arlington-based energy storage provider Fluence announced last week that the Qatar Investment Authority (QIA) will invest $125 million in the company. Fluence is a joint venture of Arlington-based energy company AES Corp. and industrial manufacturing giant Siemens. The company will use the investment to develop digital products and deploy existing products to additional global markets. […]
Reston-based contractor Amyx taps two new VPs
Reston-based federal contractor Amyx Inc. announced last week it has hired Christopher Ziniti as vice president of defense and promoted Roman Dzialo to vice president of strategic programs. U.S. Army Veteran Ziniti has more than 15 years of experience in the federal market specializing in logistics, information technology, security and intelligence. In his new role, […]
Northrop Grumman awarded $246M contract modification
The Defense Logistics Agency has awarded Falls Church-based Northrop Grumman Corp. a $246.4 million contract modification that adds production pricing for exhaust pipes of the U.S. Air Force’s B-2 bomber aircraft. The award falls under a firm-fixed-price indefinite-quantity contract with four base years plus one five-year option period, according to the Department of Defense. In […]
PAE awarded $152M task orders for military aircraft maintenance support
Falls Church-based PAE has been awarded two new business task orders to support aircraft maintenance with a combined value of up to $151.8 million. The task orders were awarded under the U.S. Air Force Contract Field Team Services indefinite delivery, indefinite quantity services contract, which has a ceiling value of $11.4 billion. Through these awards, […]
Hotel owners switch focus to residential
Hit hard by the economic effects of the coronavirus, the hotel industry isn’t expected to fully recover until 2023 or 2024. Meanwhile, several hotel properties, including two in Northern Virginia, are being redeveloped into more profitable residential units. Sunburst Hospitality won approval in October 2020 to convert the [...]
Arlington-based Magellan Federal gets $111M for DOD personnel assistance services
Arlington-based Magellan Federal, a subsidiary of Phoenix-based Magellan Health Inc., has secured a potential five-year, $111 million contract from Washington Headquarters Services to help Department of Defense employees maintain work-life balance. According to the DOD, Magellan will help the Defense Civilian Personnel Advisory Service manage an employee assistance program under the indefinite-delivery/indefinitely-quantity contract. Th[...]
Booz Allen names executive VP, market strategy leader
McLean-based Fortune 500 global management consulting company Booz Allen Hamilton Inc. announced Wednesday it has hired Andrew Turner as an executive vice president and market strategy leader for the firm’s global commercial business. With two decades of experience, Turner most recently was chief security officer with Fide[...]
$1B Inova medical campus to anchor redevelopment of Alexandria’s Landmark Mall
The city of Alexandria announced Tuesday that Inova Health System will build a $1 billion medical campus at the 51-acre site of the former Landmark Mall — anchoring a new 4 million-square-foot mixed-use development in the city’s West End that will also include residential, commercial, retail and entertainment. The medica[...]
Northrop Grumman wins potential $250M Navy contract
Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. announced Tuesday it has been awarded a potential $250 million contract to produce additional target vehicles for the U.S. Navy. Under the contract, Northrop Grumman will produce 19 GQM-163A Coyote supersonic sea-skimming target (SSST) missile[...]
International BBB association names president, CEO
The Arlington-based International Association of Better Business Bureaus (IABBB) announced Monday it has named Christopher “Kip” Morse as president and CEO, effective Jan. 11, 2021. The IABB is the umbrella organization for the local, independent BBBs in the United States, Canada and Mexico. Morse has been president and CEO [...]
