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Skience names new president and COO
Marc Butler, who has held executive roles at Bank of New York Mellon Corp., will join Skience as the Herndon-based wealth management firm’s president and chief operating officer, the company announced Monday. Butler was most recently COO and managing director of BNY Mellon/Albridge and held other leadership roles at BNY Mellon/Pershing. At Skience, which was […]
Leidos subsidiary to build NASA spacecraft under $253M contract
Dynetics, a subsidiary of Reston-based federal contractor Leidos, has started developing a spacecraft called the Autonomous Logistics Platform for All-Moon Cargo Access through a potential $253 million contract with NASA to develop human landing systems for the agency’s lunar mission by 2024, CNBC first reported Wednesday. NASA selected Dynetics, along with Blue Origin and SpaceX, […]
Chantilly IT company names VP solutions architecture
Chantilly-based information technology company DirectViz Solutions LLC announced Wednesday it has hired Luiz Felipe Breyer Palhano de Jesus as vice president of solutions architecture. Palhano most recently served as a principal systems and solutions architect for the BITS solution group with Arlington-based federal technology[...]
Wash.-based telecomm company buys Vienna satellite tech firm
Redmond, Washington-based mobile communications company Kymeta Corp. announced Tuesday it has acquired Vienna-based satellite technology company Lepton Global Solutions LLC. Financial terms of the transaction were not disclosed. Lepton will become a wholly owned subsidiary of Kymeta under the acquisition. Founded in 2013, Lepton provides satellite communication services to intelligence agencies, special operations commands and [&helli[...]
D.C. private equity firm sells Chantilly tech firm for $827M
Washington, D.C.-based private equity firm Arlington Capital Partners announced Wednesday it has agreed to sell Chantilly-based technology contractor Centauri to Houston-based KBR Inc. (a former Halliburton subsidiary) for $827 million. The acquisition will expand KBR’s presence in the military space, defense modernization and cybersecurity sectors, according to the engineering, procurement and construction company. “KBR’s acq[...]
Business optimism down among GovCon officials
Business optimism among government contractor (GovCon) officials has dropped 16% during the pandemic, according to the Gauge Report, an annual survey conducted by Dulles-based software company Unanet and New York City-based CohnReznick LLP. “These concerns and sentiments are to be expected given the current economic climate,” Kim Koster, Unanet vice president of GovCon strategy and […]
Chantilly company wins $76M Space Force contract modification
The U.S. Space Force has awarded Chantilly-based space systems technology company LinQuest Corp. a $76 million contract modification to support the special capabilities division at the branch’s Space and Missile Systems Center (SMC), the company announced Wednesday. “LinQuest traces its heritage of sophisticated satellite communications back to 1977,” Chris Beres, general manager of LinQuest’s space […][...]
LA-based tech company moves headquarters to Reston
Infrascale Inc., a cloud-based data protection company, announced Wednesday it has moved its headquarters from Los Angeles to Reston — where its leadership team is based. Infrascale’s C-suite leadership, including CEO Russell P. Reeder, Chief Financial Officer Rob Peterson, Chief Operating Officer Brian Kuhn and Chief People Officer Carolyn Kress, is based in Reston and have […]
Leidos lands potential $292.3M FAA contract
The Federal Aviation Administration has awarded Reston-based federal contractor Leidos a potential 15-year, $292.3 million contract to provide an enterprise-wide display system to replace multiple information display platforms installed at more than 300 U.S. airport facilities, according to an Aug. 13 System for Award Management (SAM) notice. Leidos will create the Enterprise Information Display System […][...]
Parsons Corp. to raise $350M through debt offering
Centreville-based technology contractor Parsons Corp. announced Monday plans to raise $350 million through a debt offering. Proceeds from the debt offering would be used toward general corporate purposes, including acquisitions and working capital, according to Parsons. The initial conversion rate for the notes is 22.2913 shares of the company’s common stock per $1,000 principal amount […][...]
CACI International names president, national security
Arlington-based federal technology contractor CACI International Inc. announced Monday it has hired Todd Probert as president of the company’s National Security and Innovative Solutions (NSIS) sector. With more than 20 years of experience, Probert most recently served as vice president of Raytheon’s Command and Control, Spac[...]
SAIC names senior VP of strategy
Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) announced Tuesday it has hired Nyla Beth Gawel as senior vice president of strategy. With more than two decades of experience, Gawel was most recently the director of public sector strategy with Verizon Business Group, where she led strat[...]
