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Leesburg firm lays off 155 after Navy cancels $170M contract
Leesburg-based data company Pantheon Data this week laid off 155 workers — including 33 Virginia employees — after the U.S. Navy canceled its $170 million service contract with the company on May 12.
Northern Virginia sees surge in housing inventory
The Northern Virginia housing market saw a significant increase in active listings in April, the Northern Virginia Association of Realtors reports.
Tyto Athene acquires StackArmor to boost cyber compliance, cloud capabilities
Tyto Athene acquired StackArmor to expand its cyber compliance and cloud capabilities for government clients.
ServicePower acquires French tech company
McLean-based field service management software company ServicePower announced last week it had acquired France-based technology company Inveniam.
CoStar to purchase Australian property listings platform for $1.9B
Arlington County real estate data firm CoStar Group announced Friday it has signed a deal to acquire Domain, an Australian property listings platform, for 3 billion in Australian dollars, or $1.9 billion in U.S. dollars.
Booz Allen lands contracts totaling $1.2B
In the span of a week, McLean-based Fortune 500 management consulting contractor Booz Allen Hamilton won multiple contracts totaling over $1.2 billion.
Electra announces new CFO
Electra.aero, a Manassas-based aviation startup, announced Tuesday that Max Ochoa has joined the company as chief financial officer.
Thousands of machinists union members go on strike at jet engine maker Pratt & Whitney
About 3,000 labor union members went on strike early Monday at jet engine maker Pratt & Whitney in Connecticut, as negotiations over wages, retirement benefits and job security broke down. The manufacturer is a subsidiary of Arlington County-based RTX.
Northern Virginia home listings surged 63% in March over 2024
Northern Virginia home listings jumped 63% in March, far outpacing national trends as job cuts hit the region. Experts weigh in on what's behind the spike.
Strategy reports $4.2B Q1 loss
Strategy, formerly MicroStrategy, posted a $4.2B Q1 loss but now holds 553,555 bitcoins worth $51.55, continuing its aggressive crypto strategy.
Level Access appoints chief customer experience officer
Arlington-based software company Level Access announced this week that it has appointed Andrew Snyder to be its chief customer experience officer.
AeroVironment completes $4.1B acqusition of BlueHalo
Arlington County-based defense contractor AeroVironment on Thursday announced that it had successfully completed its $4.1 billion acquisition of Arlington aerospace and defense tech firm BlueHalo.
