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George Mason University seeks developer for Arlington campus expansion
George Mason University is seeking a development partner to design, construct and operate its proposed $250 million Institute for Digital InnovAtion (IDIA) set to open in September 2025 on its Arlington campus. The university has released a request for proposals (RFP) seeking for partners to build 400,000 square feet of new buil[...]
Leidos completes $1.65B Dynetics acquisition
Reston-based defense contractor Leidos completed its acquisition of Huntsville, Alabama-based national security services provider Dynetics Inc. for $1.65 billion in cash, Leidos announced Monday. The transaction was first announced in December 2019. For the fiscal year that ended Dec. 28, 2018, Leidos reported that its annual revenues were approximately $10.19 billion. The company was founded […][...]
Arlington nonprofit BBB National Programs Inc. names executive VP of policy
Arlington-based BBB National Programs Inc. named Mary K. Engle as its executive vice president of policy, effective Jan. 31, the organization announced Monday. The self-regulatory body of the former Council of Better Business Bureaus, BBB National Programs provides self-regulation for companies to address truth-in-advertising,[...]
Sterling office complex sells for $15.375M
An affiliate of Baltimore, Maryland-based commercial real estate firm Klein Enterprises purchased a 95,282-square-foot office complex in Loudoun County’s Sterling area for $15.375 million, commercial real estate company Avison Young, which negotiated the sale, announced Monday. The property is located at 45745 Nokes Blvd. [...]
Virginia Tech Innovation Campus names Cornell dean as executive director
Lance R. Collins, the Joseph Silbert Dean of Engineering at Cornell University, has been selected as the first vice president and executive director of Virginia Tech’s $1 billion Innovation Campus, which is set to open in Alexandria’s North Potomac Yard area in the fall. He will join Virginia Tech as of Aug. 1. The I[...]
Artificial intelligence firm opens U.S. headquarters in McLean
Belgium-based artificial intelligence platform developer and educator Omina Technologies has opened its new U.S. headquarters in McLean. Financial terms of the headquarters have not been released. Founded in 2016, Omina currently has an office in Miami. North America CEO Brian Alexander said in a statement that the company decid[...]
Now hiring: Computer science faculty
Virginia universities are getting ready for Amazon.com Inc.’s arrival, which will require the schools to produce thousands of computer scientists and engineers during the next two decades. In November, Gov. Ralph Northam announced the Tech Talent Investment Program, which allocates $16.6 million to 11 state colleges and [...]
Va.’s data center industry provided $4.5B in economic output in 2018
In 2018, Virginia’s data center industry directly provided approximately $4.5 billion in economic output and employed more than 14,000 people, according to a study released Wednesday commissioned by the Northern Virginia Technology Council’s Data Center and Cloud Committee. Despite the economic impact, however, Virginia’s data center incentive structure is one of the most restrictive in […][...]
Amazon HQ2 and Arlington County government will be solar powered
Arlington County and Amazon.com Inc. have entered into agreements with Richmond-based Dominion Energy Inc. to purchase power for local government operations and Amazon’s HQ2 East Coast headquarters from a solar farm more than 200 miles away in Southern Virginia. The Arlington County Board voted Tuesday to approve the agree[...]
Cybersecurity firm Expel adding 164 jobs in Fairfax
Expel Inc., a managed cybersecurity provider, is investing $1.4 million to expand its Herndon headquarters, creating 164 jobs in engineering, customer experience, IT, marketing and sales during the next three years. “Virginia has emerged as a national leader in cybersecurity and continues to be at the forefront of workforce development in this rapidly evolving industry, […]
Herndon-based K12 acquires Denver tech school for $165M
Herndon-based online education provider K12 Inc. will acquire Denver-based data and technology school Galvanize Inc. in a $165 million all-cash transaction, the company announced Monday. The deal was approved by both companies’ boards of directors and is expected to close on Monday. The acquisition includes Galvanize’s management team, campuses and software engineering and data science […][...]
Reston Business Campus sells for $13M
The four-building Reston Business Campus on Pinecrest Drive in Reston has sold for $13 million, according to the seller, Bethesda, Maryland-based commercial real estate firm Finmarc Management Inc. The campus was purchased by 10th Street LLC and totals approximately 83,000 square feet. The four buildings were part of a larger [...]
