Free Newsletter
Manassas company lands $124.1M Navy contract
The U.S. Navy awarded Manassas-based government contractor LTM Inc. a potential five-year, $124.1 million contract to work with the branch’s Naval Aviation Enterprise group, the Department of Defense announced Tuesday. Under the contract, LTM will help the U.S. Navy‘s Fleet Readiness Center East integrate maintenance and supply functions. It will also perform logistical, technical and […][...]
Falls Church firm buys Silicon Valley company
Falls Church-based association advisory firm Advancea LLC announced Tuesday it has acquired Arroyo Grande, California-based Group Purchasing Solutions (GPS). Financial terms of the acquisition were not disclosed. Founded in 2008, GPS specializes in affinity programs serving mid-sized businesses. Affinity programs are partnerships between nonprofits and businesses in which a business may offer exclusive products or […][...]
Microsoft leases space in Arlington’s Commonwealth Tower
Microsoft Corp. will open a sales headquarters in Arlington, expanding its presence in Northern Virginia, the tech giant’s president of U.S. regulated industries, Toni Townes-Whitley, announced Tuesday. Microsoft — which announced in May 2020 that it would invest $64 million to expand in Reston Town Center in western Fai[...]
National Landing to see $4B in transportation investment during next decade
A report released by the National Landing Business Improvement District (BID) on Tuesday details $4 billion worth of area transportation projects that will be underway during the next decade. The National Landing area includes Arlington’s Crystal City (where e-commerce giant Amazon.com Inc. is establishing its $2.5 billion East Coast HQ2 headquarters), Pentagon City and Potomac […]
Herndon contractor names president, crisis response
Herndon-based federal contractor Constellis announced Monday it has promoted Rick Tye as president of the company’s crisis response business. Joining Constellis in 2017, Tye was most recently the company’s chief growth officer. Darryle Conway will succeed him in this role. Constellis’ crisis response business provides customers with response and planning services to reduce risk, prepare […][...]
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 [...]
