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Navy Federal Credit Union taps new CTO
Navy Federal Credit Union has hired Amtrak’s chief technology officer, Sovan Shatpathy, to serve as its new CTO, leading the credit union’s information services department. “Our ISD teams are behind nearly all of the technology our members and employees use,” said Navy Federal’s chief information officer, T[...]
Axios to cover bail, medical bills for employee protesters
Arlington County-based digital media company Axios distributed a companywide email stating that it would cover bail or medical bills for employees who have participated in recent protests associated with the police killing of George Floyd, The New York Times first reported Tuesday. “First, let me say we proudly support and encourage you to exercise your […]
McLean defense contractor buys Reston software company
McLean-based defense contractor E3/Sentinel LLC announced Monday it has acquired Reston-based Lucid Perspectives, a software and systems engineering company. This is E3/Sentinel’s fifth acquisition in the past two years. Financial terms of the transaction were not disclosed. E3/Sentinel acquired Data Works in August 2019, and under this acquisition, Lucid’s operations will be combined with Data […][...]
Babel Street gains AI, machine learning capabilities
Reston-based Babel Street Inc., a web and social media monitoring company, announced Monday it has acquired the intellectual property assets of Overland Park, Kansas-based Dunami, an artificial intelligence and machine learning analysis company. Financial terms of the transaction were not disclosed. Babel Street acquired Dunami’s AI and machine learning assets, which automatically illustrate relationships between […][...]
Orbital Sciences Corp. wins $187M NASA contract
Dulles-based Orbital Sciences Corp., a subsidiary of Northrop Grumman Corp., has been awarded a $187 million NASA contract to design living quarters for the Lunar Gateway mini space station. The Habitation and Logistics Outpost (HALO) design will be inspired by Northrop Grumman’s Cygnus spacecraft, which delivers supplie[...]
Arlington tech company wins $1.5B contract
Arlington-based federal technology contractor CACI International Inc. announced Thursday it has won a $1.5 billion contract to provide networking and cybersecurity services for the National Geospatial-Intelligence Agency (NGA). “This record award demonstrates CACI is delivering on its strategy to win larger, more enduring contracts,” CACI President and CEO John Mengucci said in a statement. “It […][...]
Leidos lands contract worth $401M
Reston-based federal contractor Leidos announced Thursday it has won a contract worth $401 million, if all options are exercised, to provide information technology operations and maintenance support to the Defense Intelligence Agency (DIA). “This award is a true testament to our strong capabilities and proven performance working with the Department of Defense and Intelligence Community,” […][...]
Freddie Mac names new CFO
Tysons-based Freddie Mac announced that Christian M. Lown will become the Fortune 500 company’s executive vice president and chief financial officer, effective June 15. Previously the executive vice president and CFO for Navient Corp., Lown succeeds interim CFO Donald F. Kish, who will continue serving as Freddie Mac’s senior vice president, corporate controller and principal […][...]
Arlington government contractor names chairman
Arlington-based federal contractor Govini announced Monday that former Deputy Secretary of Defense Robert O. Work has been elected as chairman of its board of directors. Work served as the 32nd deputy defense secretary from 2014 to 2017. He was under secretary of the Navy, the service’s second-highest ranking civilian posi[...]
Private equity firm to acquire Herndon tech company
Herndon-based tech company Exostar LLC announced Tuesday it will be acquired by private equity firm Thoma Bravo LLC. The transaction amount was not disclosed. Exostar is a cloud-based platform that allows companies to securely share information and operate with security compliance. The platform is used by more than 135,000 aerospace and defense organizations across 150 […]
Texas company starts building second data center in Ashburn
Plano, Texas-based data center infrastructure company Aligned Energy LLC has started construction on its second data center in Loudoun County’s Ashburn area, the company announced Tuesday. Aligned finished construction on its first 370,000-square-foot, 60-megawatt data in 2019. The new data center will add 513,000 square[...]
Fairfax medical office building sells for $4.6M
A medical office building in Fairfax County’s Merrifield area has sold for $4.6 million, Toronto, Canada-based commercial real estate company Avison Young Inc. announced Monday. The five-story, 53,430-square-foot building is 37% leased to several medical practices, says Avison Young Principal Jim Kornick, who led the sale [...]
