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GO Virginia funds $9M in workforce development, economic recovery grants
The Growth and Opportunity for Virginia (GO Virginia) state economic development initiative has allocated grants totaling more than $9 million for workforce development and assisting communities with economic recovery, Virginia Gov. Ralph Northam announced Tuesday. A $7.8 million allocation will support 11 regional projects and two statewide projects aimed at workforce development initiatives. Another allocation […][...]
Reston telemedicine company goes public
Reston-based telemedicine technology provider SOC Telemed on Monday opened at $10 per share on the Nasdaq stock exchange. The company announced its public offering on Friday following its merger with Healthcare Merger Corp. (HCMC), a special purpose acquisition company. Merger transaction details were not disclosed. “Today marks an important milestone for SOC Telemed in our […]
Securitas Critical Infrastructure Services Inc. rebrands as Paragon
Herndon-based Securitas Critical Infrastructure Services Inc. (SCIS) announced late last week it has rebranded under its subsidiary Paragon Systems Inc.’s (Paragon) name. The rebranding will include a new company image, website and brand implementation. It will become fully effective Jan. 1, 2021. “In working with our board over the past year, we have made significant […]
General Dynamics IT lands $4.4B GSA contract
The U.S. General Services Administration (GSA) and U.S. Department of Defense announced Friday they have re-awarded the approximate $4.4 billion, 10-year Defense Enterprise Office Solutions (DEOS) contract to CSRA Inc., which is now a part of Falls Church-based General Dynamics Information Technology Inc. (CSRA became a part of GDIT in 2018.) Under the DEOS contract, […]
Leidos wins $75M contract to support cloud-based HR system
The Office of the Under Secretary of Defense for Personnel and Readiness awarded Reston-based Fortune 500 federal contractor Leidos Holdings Inc. a $75 million contract to provide services and support for the Defense Civilian Human Resource Management System (DCHRMS), the company announced Thursday. Leidos will provide technical services and support for the cloud-based human resources […]
Northrop Grumman wins $91M contract to produce aircraft tech
Falls Church-based Fortune 100 defense contractor Northrop Grumman Corp. announced Thursday it has won a $91 million contract to produce AN/APR-39D(V)2 digital radar warning receivers (RWR), which protect rotary and fixed-wing aircraft from modern radio frequency (RF) threats, according to the company. RWRs are small, lightweigh[...]
SAIC wins $737M Air Force contract
The U.S. Air Force awarded Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) a $737 million contract to implement, integrate and develop modeling and simulation (M&S), training and analysis standards for the Air Force, Department of Defense and other organizations, the company announced Thursday. “The Air Force and DOD rely on M&S for […]
Parsons Corp. to acquire Colo.-based tech firm for $300M
Centreville-based defense contractor Parsons Corp. announced Thursday that it has entered into a definitive agreement to acquire Colorado Springs, Colorado-based Braxton Science & Technology Group LLC (BSTG) and its subsidiaries for $300 million. BSTG provides services for satellite operations, ground system automation, flight dynamics and spacecraft and antenna simulation for the U.S. Department of Defense […][...]
Perspecta locks down $519M in classified programs
Chantilly-based federal contractor Perspecta Inc. announced Thursday it has been awarded multiple classified programs worth a total value of more than $519 million to provide mission support to U.S. government customers. Perspecta will provide services including high-end systems engineering and integration, data analytics, cybersecurity, cloud/IT services and software development, according to a company statement. “At […][...]
Volkswagen Group of America deepens its Fairfax roots
Automobile manufacturing giant Volkswagen Group of America Inc. (a wholly owned subsidiary of Volkswagen AG) announced Tuesday it has chosen to keep its headquarters in Fairfax County — signing a 20-year lease agreement in Reston Town Center. Volkswagen’s North American headquarters has been located in Fairfax County [...]
Con man gets 7 years for $4.4M government intelligence scam
A former Drug Enforcement Administration spokesperson was sentenced to seven years in federal prison on Wednesday for defrauding at least a dozen companies of more than $4 million while pretending to be a covert officer of the Central Intelligence Agency. In June, Garrison Kenneth Courtney, 44, of Florida, entered a guilty plea [...]
McLean staffing firm opens first Canadian office
McLean-based staffing company Digital Intelligence Systems LLC (DISYS) announced Tuesday it has opened its first Canadian office in Ontario. DISYS has been doing business in Canada since 2014, but this will be the company’s first physical office in the Great White North. “Having a physical location in a prestigious area of downtown Toronto will give […]
