Sign In
Free Newsletter
Reston contractor wins $135M DHS task order
Reston-based AceInfo Solutions LLC announced Tuesday it had been awarded a potential five-year, $135 million task order from the Federal Emergency Management Agency’s (FEMA) National Flood Insurance Program (NFIP). Under the task order, AceInfo (a subsidiary of McLean-based Dovel Technologies) will provide services to support the development, maintenance and modernization of NFIP’s web-based PIVOT system, […][...]
Alexandria distribution, maintenance provider names senior VP, CFO
Alexandria-based defense contractor VSE Corp., a provider of distribution and maintenance, repair and overhaul services focused on transportation assets, announced last week it has named Stephen D. Griffin as senior vice president and chief financial officer, effective Nov. 9. Griffin will succeed Thomas Loftus, who is retiring [...]
BAE Systems wins $65.7M Navy contract
The U.S. Navy awarded Arlington-based defense contractor BAE Systems Inc. (the U.S. subsidiary of United Kingdom-based BAE Systems plc), a $65.7 million contract to develop, produce, test, evaluate and update air traffic control systems for the branch, the U.S. Department of Defense announced Thursday. Under the contract, BAE Systems will also develop and support test […]
GTT Communications to sell infrastructure division for $2.15B
McLean-based telecommunications company GTT Communications Inc., which provides high-speed internet and cloud networking services to more than 144 countries, announced Friday it will sell its infrastructure division to Miami, Florida-based I Squared Capital for $2.15 billion. Under the definitive purchase agreement, I Squared Capital would obtain GTT’s Pan-European, North American, subsea and transatlantic fiber network […][...]
NoVa housing market continues upward trend in September
Unlike other industries struggling during the pandemic, residential real estate continues to stay strong. Northern Virginia Realtors saw a 58% increase, or nearly $1.5 billion, in the amount of real estate sold in September compared to the same time period last year, according to the Northern Virginia Association of Realtors (NVAR). The NVAR service area […]
Calif. firm buys controlling stake in Vienna home security company
Palo Alto, California-based investment firm Twin Point Capital purchased a controlling stake in Vienna-based home security company Frontpoint Security, the company announced last week. Financial terms of the transaction were not disclosed. Founded in 2007 by Chris Villar, Aaron Shumaker and Peter Rogers, Frontpoint provides home security, life safety and smart home products and services […]
BAE Systems launches cyberthreat protection suite for military vehicles, systems
Arlington-based defense contractor BAE Systems Inc. (the U.S. subsidiary of United Kingdom-based BAE Systems plc) announced Tuesday it has launched a new cyberthreat detection and mitigation product suite to help military customers protect vehicles and systems from cyberthreats. The Fox Shield suite is designed to help platforms detect, respond to and recover from cyberattacks and […]
Dulles software company to buy Texas-based firm
Dulles-based software company Unanet announced Wednesday it will acquire Austin, Texas-based customer relationship management software company Cosential. Terms of the transaction were not disclosed. Unanet provides project management software, timesheet software, expense reporting software and other human resources software to federal government contractors, architects and engineers (A/E). Cosential provides software used for business[...]
Reston contractor wins $59M USDA task order
The U.S. Department of Agriculture (USDA) awarded Reston-based AceInfo Solutions LLC (AceInfo) a $59 million task order to develop crop insurance software platforms, the company announced Wednesday. Under the task order from the USDA’s Farm Production and Conservation (FPAC) Risk Management Agency (RMA), AceInfo (a Dovel Technologies subsidiary) will provide software development services to create […][...]
Loudoun County Farm Fall Tour launches online Oct. 27
Loudoun County’s 25th annual Farm Fall Tour will launch online on Saturday, Oct. 27, to connect farmers with consumers for the harvest season. This year, 25 farms will be featured on the virtual farm tour. “This initiative follows a successful virtual Spring Farm Tour, which connected thousands of people from 16 countries wi[...]
Reston-based NII Holdings Inc. to dissolve
Reston-based NII Holdings Inc. announced last week it has filed a petition in a Delaware court to dissolve the company 10 months after it divested its one remaining operating unit, which sold wireless communication services under the Nextel brand to América Móvil. On Dec. 18, 2019, NII Holdings closed the $948.5 million sale of its […]
Falls Church office building sells for $87.5M
An office building in Falls Church sold for $87.5 million, commercial real estate advisory firm Newmark Knight Frank (NKF) announced Tuesday. Located at 3170 and 3180 Fairview Park Drive, the 284,333-square-foot property is 98% leased, with tenants including General Dynamics Information Technology, Capital Caring Health, Sheet[...]
