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SAIC lands $40M TSA contract
The Transportation Security Administration (TSA) awarded a $40 million contract to Reston-based defense contractor Science Applications International Corp. (SAIC) to provide operational test and evaluation services, according to a System for Award Management (SAM) notice. Under the contract, SAIC will help the TSA plan, implement, analyze and report airport operations. Work on the contract will […][...]
Strategic Education Inc. to raise $191.5M through public stock offering
Herndon-based education company Strategic Education Inc. announced Thursday that it plans to raise $191.5 million through a public stock offering. The company, through Aug. 10, will offer for sale 1.9 million shares of its common stock at a public offering price of $105 per share. Strategic Education intends to use some of the proceeds to […]
Capital One fined $80M for 2019 data breach
Federal bank regulator the Office of the Comptroller of the Currency announced Thursday it has fined McLean-based Capital One Financial Corp $80 million for what it calls unsafe and unsound information technology practices tied to computing operations in its cloud environment. Capital One is the largest bank in Virginia, according to 2019 deposits. In 2019, […]
Herndon contractor wins $188M in federal contracts
Herndon-based national security contractor Peraton announced Wednesday it has been awarded a total of $188 million in new and extended U.S. federal contracts to support national security missions and warfighting domains. The individual award amounts and customers were not specified by Peraton, but the company typically works with the Intelligence Community, the Department of Defense, […]
McLean-based wireless provider announces new leadership
McLean-based wireless technology company Kajeet announced Wednesday it has hired Melissa Blanken as vice president of marketing and Bill Stribrny as vice president of sales. For 25 years, Blanken has worked in marketing and was most recently the chief marketing officer with McLean-based internet company ID.me. She has also previ[...]
GSA awards Reston tech company $11.8M contract
The General Services Administration (GSA) has awarded Reston-based government technology company Octo Consulting Group an $11.8 million contract to provide framework and architecture services for the GSA’s System for Award Management (SAM). Under the GSA’s CIO Modernization and Enterprise Transformation contract, Octo will provide Scaled Agile Framework (SAFe) and business and technical architecture for the […][...]
Fredericksburg firm lands $55M Navy contract
The U.S. Naval Surface Warfare Center Dahlgren Division (NSWCDD) awarded a $55 million contract to Fredericksburg-based engineering and technology contractor SimVentions Inc. to provide systems engineering and software development services, the company announced Friday. Under the five-year contract, SimVentions will work on the Track Management Engineering Analysis and Support system out of the NSWCDD. The […][...]
McLean satellite provider names VP global government affairs, policy
McLean-based communications satellite services provider Intelsat Corp. announced Monday it has hired Peter B. Davidson as vice president of global government affairs and policy. Davidson was most recently the deputy dean for strategic initiatives and an assistant professor at George Mason University’s Antonin Scalia Law Scho[...]
Va. tops annual tech business rankings
Virginia topped the charts in many categories of Business Facilities’ 16th Annual State Rankings Report released last week — especially for technology. This year, Virginia was ranked No. 1 for its cybersecurity leaders, digital infrastructure and unmanned aerial systems and No. 2 for its business climate. This was the first year that the national business […]
Reston federal contractor acquires Md. IT company
Reston-based government contractor EverWatch (which operates under private investment firm Enlightenment Capital) announced Monday it has acquired Columbia, Maryland-based information technology contractor BrainTrust Holdings. A transaction amount was not disclosed, but this marks EverWatch’s seventh and largest acquisition, according to a statement from Chevy Chase, Maryland-based Enlightenment Capital, which provides financial[...]
DoD awards Fairfax company $22M Joint Staff contract
The U.S. Department of Defense awarded Fairfax-based software company Salient CRGT Inc. a $22 million contract to provide performance management initiatives and editorial support to the Joint Chiefs of Staff’s senior leadership, the company announced Monday. The five-year contract will support the Joint Staff Actions Division for Program Management, Program Planning and Execution and offer […][...]
Reston telemedicine company to go public
Reston-based telemedicine provider SOC Telemed announced Monday it plans to go public through a merger with a “blank check” company, Healthcare Merger Corp. (HCMC) — a transaction that would value SOC at $720 million. The combined company will operate as SOC Telemed and be listed on the Nasdaq. HCMC is a Nasdaq-listed public investment company. […]
