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Global law firm opens Tysons office
Atlanta-based global law firm King & Spalding LLP will open its 22nd office in Tysons, the Fairfax County Economic Development Authority (FCEDA) announced Tuesday. Founded more than 130 years ago, King & Spalding employs more than 1,100 lawyers across 22 offices in the United States, Europe, the Middle East and Asia. T[...]
Accenture Federal Services wins $341M federal contract
Accenture Federal Services (AFS), an Arlington-based subsidiary of Irish Fortune Global 500 company Accenture, announced Monday it has been awarded a $341 million U.S. Department of Commerce (DOC) contract to consolidate its business systems and data platform. Under the contract, AFS will move the DOC’s finance, acquisition, property, and enterprise data warehouse into a commercial […][...]
CIT invests in Alexandria agriculture software company
State government-backed venture fund CIT GAP Funds announced Monday it has invested in Alexandria-based software developer Agrology. An investment amount was not disclosed. Agrology’s software/hardware-as-a-service platform allows farmers to deploy sensors to track environmental factors that could affect crop yields. Its technology also allows farmers to apply optimal amounts of fertilizer and irrigation to certain […][...]
Activist hedge fund buys 5.9% stake in Perspecta
New York City-based activist hedge fund Jana Partners LLC has acquired 5.9% (9.4 million shares) of the stock of Chantilly-based government contractor Perspecta, according to U.S. Securities and Exchange Commission documentation. According to a Reuters report, Jana Partners is expected to encourage Perspecta to pursue a sale or merger. Jana intends to push Perspecta stock […]
McLean analytics company acquires Md. software firm
McLean-based analytics technology company Novetta Solutions LLC announced Monday it has acquired Annapolis Junction, Maryland-based software and analytics company WaveStrike LLC. The financial details of the transaction that closed on June 10 were not disclosed. “Combining our complementary capabilities and talented teams mean stronger support for our customers,” Novetta President and CEO Tiffanny Gates said […][...]
Arlington defense contractor wins Air Force contract worth up $950M
Arlington-based aerospace and defense contractor Raytheon Intelligence and Space was awarded an Air Force contract valued up to $950 million to aid in developing a command and control network. One of the four business segments of Waltham, Massachusetts-based Raytheon Technologies Corp., Raytheon Intelligence and Space will work to develop the Advanced Battle Management System (ABMS) […]
GMU selects three finalists for $250M Institute for Digital InnovAtion
George Mason University on Monday announced three development and property management firms as finalists to build and operate its proposed $250 million Institute for Digital InnovAtion (IDIA), set to open in September 2025 on its Arlington campus. The university released a request for proposals in February, to which 105 develope[...]
Spaceflight Industries closes deal with Japanese companies
Seattle-based Spaceflight Industries Inc. — which has a Herndon location — announced Friday it has officially sold its satellite rideshare business to Tokyo-based Mitsui & Co. Ltd. and Chiba, Japan-based Yamasa Co. Ltd. Financial terms of the transaction were not disclosed. The sale was first announced in February and passed a review by the U.S. […]
Generator Supercenter signs lease in Ashburn, its first Va. location
Houston-based national generator franchise Generator Supercenter announced Friday it has signed the lease for a 6,000-square-foot space at the Ashburn Crossing business park in Loudoun County, its first location in Virginia. The company plans to eventually have six locations in the commonwealth. The lease amount has not been dis[...]
SOSi consolidates defense IT and intelligence solutions units
Reston-based defense and government contractor SOS International LLC (SOSi) announced Tuesday it is consolidating its defense information technology and intelligence solutions business units into a new Defense and Intelligence Solutions Group. The new business unit will be led by Ed Bachl, co-founder of Vykin Corp., a Florida-based information technology solutions company that SOSi acquired in […][...]
Former UPS CEO joins Northrop Grumman board
Former United Parcel Service CEO David Abney has been elected to Northrop Grumman Corp.’s board of directors. Executive chairman of the UPS board of directors, Abney served as CEO of UPS from 2014 until May 2020. “David is an accomplished and respected business leader and is a great addition to our board,” said Kathy W[...]
Perspecta CEO becomes chairman of board
Mac Curtis, president and CEO of Chantilly-based federal contractor Perspecta Inc., has been appointed chairman of the company’s board of directors, effective Aug. 5, the date of the company’s 2020 annual shareholders meeting. Curtis has served as president and CEO of Perspecta since the publicly traded company was l[...]
