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Newport News federal contractor acquires Vienna firm
Newport News-based federal contractor and professional services company ITA International announced Tuesday it has acquired Vienna-based management consulting firm Innovative Decisions Inc. (IDI). A transaction amount was not disclosed. IDI provides decision and risk analysis, operations research and systems engineering services for business and government customers, while ITA International provides analysis, planning, training, exercis[...]
SAIC wins $79M Air Force contract
The U.S. Air Force awarded Reston-based Fortune 500 federal contractor Science Applications International Corp. (SAIC) a five-year, $79 million contract to deliver mission engineering services to one of the branch’s missile systems, the company announced Tuesday. Under the contract, SAIC will work on the 414th Supply Chain Management Squadron’s Intercontinental Ballistic Missile (ICBM) LGM-30 Minuteman […][...]
New hotel chain to open first nationwide location in NoVa
A new hotel chain, stayAPT Suites, is set to open its first location nationwide in southern Fairfax County in early October, near Fort Belvoir on U.S. Route 1. The hotel will have 73 rooms, and each suite will include a living room and full kitchens. The Matthews, North Carolina-based chain announced the brand in January, […]
NFL takes charge of Washington Football Team investigation
The National Football League is taking charge of the investigation into allegations of sexual harassment and verbal abuse within the Ashburn-based Washington Football Team organization, according to a statement from team owner Dan Snyder. According to reports from the NFL, on Monday Commissioner Roger Goodell spoke with Snyder, who was “supportive of the step.” Washington […]
VA awards $152M contract to Arlington firm
The U.S. Department of Veterans Affairs awarded Arlington-based federal technology contractor CACI International Inc. a six-year, $152 million contract to provide support for the department’s Financial Management Business Transformation program (FMBT), the company announced Monday. Under the contract, CACI software engineers will cleanse and convert the VA’s historical data onto the department’s new Integrated Financial […][...]
Herndon federal contractor names CFO
Herndon-based federal contractor Constellis announced Monday it has hired Richard Hozik as chief financial officer, replacing Gordon Foster, who will leave the company on Sept. 30. “I’d like to thank Gordon for his incredible efforts on behalf of the company during a critical juncture, including playing a leading role in our[...]
Rosetta Stone to be acquired by Dallas company for $792M
Arlington-based language learning company Rosetta Stone Inc. will be acquired by Dallas-based digital education company Cambium Learning Group Inc. (backed by private equity firm Veritas Capital Management LLC) for $792 million, the company announced Monday. The transaction is expected to close during the fourth quarter this year. “This transaction represents the next step on a […]
NoVa housing market continues to recover
Northern Virginia saw an increase in the number of housing units sold in July, according to the Long & Foster Real Estate Market Minute Report released Friday. The report includes data from Alexandria and Arlington, Fairfax, Loudoun and Prince William counties. Alexandria saw the largest increase in units sold at 15%, and also saw the […]
MainStreet Bank names chief operating officer
Lisa Kilgour has been promoted to executive vice president and chief operating officer of Fairfax-based MainStreet Bank, its parent company, MainStreet Bancshares Inc., announced Friday. A Virginia Tech graduate, Kilgour joined the bank in 2017 as senior vice president and chief information officer, and before that, served as se[...]
Hail to the … what now?
Under pressure from FedEx and other big sponsors, the Washington Redskins management announced in July that the NFL team will retire its name and mascot and rebrand itself away from divisive Native American imagery. The $3.4 billion organization, the seventh-most valuable franchise in the NFL, is now known as the “Washington F[...]
A sense of possibility
Luiz DaSilva became the inaugural executive director of Virginia’s Commonwealth Cyber Initiative (CCI) in March, returning to Virginia Tech after two years in Ireland, where he served as the director of CONNECT, a telecommunications research center at Trinity College Dublin involving 35 companies and 250 researchers from 10 Ir[...]
Israeli energy company plans U.S. headquarters in Arlington
One of Israel’s largest renewable energy companies, Energix Renewable Energies Ltd., will establish its U.S. subsidiary’s headquarters in Arlington County, Gov. Ralph Northam announced Thursday. The company plans to invest $1.1 million and create 33 jobs, according to the governor’s office. CadenEnergix’s office will be in a building owned by another subsidiary of its parent […][...]
