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DXC Technology to pay out $650K under legacy pay discrimination allegations
Tysons-based Fortune 500 IT services company DXC Technology has entered into a conciliation agreement with the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) and agreed to pay $650,000 in back pay and interest to resolve compensation discrimination allegations against female employees in 2012. DXC Technology was formed in 2017 when the […]
ICF executive chairman to retire Dec. 31
Fairfax-based management consulting firm ICF International Inc. announced Thursday that Sudhakar Kesavan will retire as executive chairman of the company’s board of directors on Dec. 31. Company President and CEO John Wasson will become chairman of the board on Jan. 1. “It has been an honor to lead ICF through its tr[...]
Telos Corp. goes public with $254M IPO
Ashburn-based cybersecurity federal contractor Telos Corp. announced Thursday it plans to raise $254 million in an initial public offering. The $14.9 million shares of common stock at a price of $17 per share are listed on the Nasdaq under the ticker symbol TLS — and were up by 12% on Thursday afternoon. The offering is […]
Loudoun County launches outdoor seating grants
While COVID-19 cases run high and outside temperatures run low, the Loudoun County Board of Supervisors has allocated $250,000 in federal CARES Act funding to offset costs for outdoor dining, including seating, tents, heating systems and heating fuel, Loudoun Economic Development announced Thursday. The Loudoun Is Ready Outdoor [...]
Mars Inc. acquires healthy snack company
McLean-based global food product manufacturer Mars Inc. announced Tuesday it has acquired healthy snack manufacturer Kind North America. Transaction details were not disclosed. Mars is the largest private company in Virginia. With annual sales of more than $35 billion, the candy and food manufacturer produces brands such as Snickers, M&Ms and Pedigree pet foods. Founded […]
Alexandria software company buys Reston IT services firm
Alexandria-based software and IT company Gunnison Consulting Group Inc. announced Thursday it has acquired Reston-based IT services firm Global Solutions & Services Frameworks (G2SF). Transaction details were not disclosed. Gunnison provides software development, data analytics and cybersecurity services to federal government customers, while G2SF provides IT service management, mobility engineering and management, cybersecurity e[...]
Bank of America donates $1M to Northern Virginia Community College
Bank of America donated $1 million to Northern Virginia Community College to help students of color complete education and training necessary for the workforce as part of its $25 million commitment to community colleges, historically Black colleges and universities, and Latino-serving institutions. Using the donation, NOVA intends to develop and expand programs to meet skill […]
Tysons consultancy names VP, management advisory services
Tysons-based government and defense consultancy LMI announced Wednesday that Christine “Chrissy” Cocrane has been promoted as vice president of management advisory services. Cocrane most recently served as LMI’s director of policy analysis and operations. In her new role, she will oversee more than 600 policy analysts,[...]
15 Va. tech companies ranked fastest-growing in North America
Fifteen Virginia tech companies earned spots on Deloitte’s 26th annual North America Technology Fast 500 Rankings list released Wednesday. “For more than 25 years, we’ve been honoring companies that define the cutting edge and this year’s Technology Fast 500 list is proof positive that technology — from software and digital media platforms, to biotech — […]
Judge cancels Fairfax County gun show due to COVID risk
A large gun show scheduled this weekend at the Dulles Expo Center that could have drawn an estimated crowd of 25,000 people will not take place, a Fairfax County circuit court judge ruled Thursday morning. The Nation’s Gun Show was scheduled for Nov. 20-22, and the gun show’s promoter, Showmasters Inc., along with a firearm […]
Audi of America names SVP, chief marketing officer
Herndon-based premium auto manufacturer Audi of America announced Wednesday it has promoted Tara Rush as senior vice president and chief marketing officer, effective Dec. 1. Rush currently serves as Audi of America’s chief communications officer. In her new role, she will oversee brand strategy and U.S. marketing efforts i[...]
Online education provider K12 Inc. rolls out new brand name
Herndon-based online education provider K12 Inc. announced Wednesday plans to change its brand name to Stride Inc., effective Dec. 16. “A great education doesn’t stop at high school graduation,” Stride CEO and Chairman Nate Davis said in a statement. “The Stride brand recognizes that, as a company, we are no longer limited by the boundaries […]
