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[...]
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 1[...]
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 […][...]
Airport employees protest MWAA for paid sick days
About 40 people protested Thursday outside of the Metropolitan Washington Airports Authority headquarters in Arlington, calling for paid sick leave for workers at the state’s two Northern Virginia airports who have not received emergency sick days under federal coronavirus legislation. MWAA governs the Reagan National Airp[...]
SAIC wins $171.5M Navy contract for training support
The U.S. Navy awarded Reston-based Science Applications International Corp. (SAIC) a $171.5 million contract to continue providing training solutions, including virtual and synthetic training environments, as part of the Fleet Deployment Training Program supporting the U.S. Navy Fleet Forces Command and associated commands and activities, the Fortune 500 defense contractor announced Thursday. “SAIC is proud […][...]
Former Washington Football Team employee alleges lewd videos taken of cheerleaders
The Washington Post reported Wednesday that a DVD was produced for Washington Football Team executives containing lewd footage taken of then-Washington Redskins cheerleaders without their consent during the Ashburn-based NFL team’s 2008 cheerleader swimsuit calendar photo shoot. This report builds on a July 16 report from the publication that detailed the experiences of 15 former […]
Leidos snags $292M FAA contract
Reston-based Fortune 500 federal contractor Leidos Holdings Inc. announced Tuesday that it was awarded a $292 million contract from the Federal Aviation Administration to design and develop a system to provide air traffic controllers with real-time access to essential weather, aeronautical and National Airspace System (NAS) information through a common display system. Work on the […]
Palo Alto Networks to acquire McLean tech firm for $265M
California-based cybersecurity powerhouse Palo Alto Networks announced Tuesday that it has entered into a definitive agreement to acquire The Crypsis Group, a McLean-based incident response, risk management and digital forensics consulting firm, in a $265 million, all-cash transaction. The firm’s CEO, Bret Padres, will join Palo Alto Networks. The Crypsis Group currently operates as part […][...]