Sign In
Free Newsletter
SEC charges Herndon-based tech company, CEO with fraud
The Securities and Exchange Commission announced charges Thursday against Herndon-based Kelvin Boon LLC/Boon.Tech and its CEO, Rajesh Pavithran, for fraud and registration violations in connection with a $5 million initial coin offering of digital asset securities. Without admitting or denying the SEC’s findings, Pavithran and his company agreed to settle the charges by consenting to […]
Perspecta names VP, campaign manager
Chantilly-based federal contractor Perspecta Inc. announced Tuesday it has hired Michael Londregan as vice president and campaign manager. Londregan has more than 30 years of experience working in the federal government and most recently served as the director of corporate communications for the Defense Intelligence Agency, wher[...]
Herndon company wins $27.8M Army contract
The U.S. Army awarded Herndon-based technology and management company Serco Inc. (a subsidiary of United Kingdom-based Serco Group plc) a $27.8 million contract to provide civilian talent management, the company announced Tuesday. Through the contract, Serco will provide analytic, management and advisory services for the Army’s civilian workforce and provide talent management architecture for the […][...]
Washington Football Team to play 2020 home games without fans
Starting with its Sept. 13 season opener versus the Philadelphia Eagles, the Washington Football Team will play its 2020 season home games at FedExField without spectators due to the coronavirus pandemic, the Ashburn-based team announced Wednesday. The NFL team formerly known as the Washington Redskins said it had developed “a comprehensive health and safety plan” […]
Two Va. companies included in $165.1M Army, Navy contract
Two Virginia-based companies were awarded parts of a $165.1 million contract to provide program management and technical services for the U.S. Army and Navy’s assault craft, submarines and surface ships. A total of five companies will work on the contract. Virginia Beach-based QED Systems Inc. was awarded $30.4 million and Arlington-based Gibbs & Cox was […]
MicroStrategy converts $250M cash holdings to bitcoin
Tysons-based business software company MicroStrategy Inc. announced Tuesday it has converted $250 million from its cash holdings into more than 21,000 bitcoins. The company will keep its bitcoin holdings on its corporate treasury reserve — which MicroStrategy CEO Michael J. Saylor said in a statement will be the the principal holding in its treasury reserve […]
Arlington defense contractor wins $62M Navy contract
The U.S. Navy awarded Arlington-based defense contractor Leonardo DRS Inc. a $62 million contract to supply 118 motor control panels for the Mark 41 Vertical Launching System (VLS), which is used by the Army and international allies. Under the contract, Leonardo DRS’s airborne and intelligence systems business units will produ[...]
General Dynamics wins $428.2M Army contract
The U.S. Army awarded Reston-based government contractor General Dynamics Corp.’s land systems division a five-year contract worth up to $428.2 million to perform maintenance work on the Army’s Stryker combat vehicles, the U.S. Department of Defense announced Monday. Under the contract, General Dynamics will provide equipment training, maintenance and fielding services, according to the DoD. […][...]
Leidos lands $649M Army contract
The U.S. Army awarded Reston-based federal contractor Leidos a $649 million contract to provide operations and support services to the Special Operations Command’s (SOCOM) Tactical Airborne Multi-Sensor Platforms mission, the company announced Monday. The one-year contract (with four one-year option periods) was awarded through the U.S. Army’s Responsive Strategic Sourcing for Services. Under the contract, […][...]
Chantilly IT company names CEO
Chantilly-based information technology company DirectViz Solutions LLC announced Friday that Michael McHugh has been promoted to CEO. McHugh was most recently the company’s chief operating officer, and has more than 25 years of experience working in the technology industry. Before his time with DirectViz, he served as presid[...]
BAE Systems Inc. lands $350M+ in defense contracts
Arlington-based defense company BAE Systems Inc. (a subsidiary of United Kingdom-based BAE Systems plc) announced Monday it has won a $211.6 million U.S. Navy contract and a $144 million U.S. Air Force contract. BAE Systems’ ship repair business in Jacksonville, Florida, will work on the U.S. Navy contract and update, repair and maintain two Arleigh […]
Perspecta wins $112M Homeland Security contract
The U.S. Department of Homeland Security awarded a contract worth up to $112 million to Perspecta Inc. to provide managed information technology services to the department’s data centers, the Chantilly-based federal contractor announced Thursday. “This award reinforces our standing as a premier provider of end-to-end next generation managed IT services,” Rocky Thurston, senior vice president […][...]
