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Northrop Grumman CEO to chair Greater Washington Partnership
Northrop Grumman chair, CEO and president Kathy Warden is adding a new title to her résumé. On Jan. 1, 2024, Warden will officially take over as chair of the Greater Washington Partnership. She will be the first woman, first nonfounder and first CEO of a global company to lead the board for the partnership, a […]
GDIT lands $450M CMS contract
Falls Church-based federal contractor General Dynamics Information Technology won a $450 million Centers for Medicare & Medicaid Services contract, the General Dynamics subsidiary announced Thursday. Under the contract, GDIT will continue operating and modernizing CMS’ Healthcare Integrated General Ledger Accounting System (HIGLAS), an accounting system that standardizes federal financial accounting for the centers’ programs. HI[...]
HII names new VP of engagement, intl. gov relations
Huntington Ingalls Industries has named retired British Army Brig. Gen. Paul Tennant corporate vice president of engagement and international government relations, the Newport News-based shipbuilder announced Wednesday. Tennant will be located in HII’s Arlington office and will work on national security policy and future force[...]
RTX to sell cyber, intelligence biz for $1.3B amid Q3 slump
RTX has agreed to sell its cybersecurity, intelligence and services business segment for about $1.3 billion and announced a $10 billion stock buyback program Tuesday as it seeks to recover from a manufacturing quality issue in a jetliner engine that has plagued the Arlington County-based Fortune 500 defense and aerospace contrac[...]
$900M water park resort breaks ground in Spotsylvania
A massive water park resort has broken ground in Spotsylvania County. The 1.38 million-square-foot Spotsylvania County Kalahari Resort, located between U.S. Route 1 and Interstate 95 in Thornburg, north of Kings Dominion, is expected to offer a 907-room hotel, a 175,000-square-foot indoor waterpark featuring slides, a wave pool [...]
Urgent.ly merges with Israeli company, goes public
Vienna-based roadside assistance tech company Urgent.ly has merged with Israel-based Otonomo Technologies, another vehicle technology business, and the combined company publicly listed its stock on Nasdaq on Oct. 19. The all-stock acquisition — a reverse merger allowing the combined business to go public, as an alternative to a traditional initial public offering — was first […]
MindPetal to acquire VerticalApps
Vienna-based government contractor MindPetal has entered into an agreement to purchase Arlington County-based IT firm VerticalApps, the companies announced Tuesday. Financial details of the transaction were not disclosed. MindPetal and VerticalApps hope to become “a premier [artificial intelligence/machine learning] firm b[...]
HII secures $244M software integration contract
A McLean-based division of Huntington Ingalls Industries received a $244 million contract integrating software for the Navy, Marine Corps and Coast Guard, the Newport News-based Fortune 500 military shipbuilder announced Tuesday. Under the five-year, Naval Air Systems Command task order, HII’s Mission Technologies division wil[...]
Amentum wins $327M Army contract
Chantilly-based federal contractor Amentum Services has won a U.S. Army contract worth up to $326.9 million, the company announced Monday. Under the five-year contract, Amentum will engineer, integrate and test prototype technologies for the Army’s command, control, communication, computers, cyber, intelligence, surveillance a[...]
HII, General Dynamics sued by marine engineers
A group of naval engineers filed a federal class action lawsuit on Oct. 6 against 20 large government contractors and shipbuilders, including Virginia-based General Dynamics and Huntington Ingalls Industries, claiming that the corporations have for decades “maintained an illegal agreement not to actively recruit, or ‘[...]
HII’s Mission Technologies wins $347M Navy contract
Huntington Ingalls Industries’ McLean-based Mission Technologies will build nine undersea drones for the Navy’s Lionfish System program in a deal that could grow to as many as 200 vehicles during the next five years, with a total value of more than $347 million. Newport News-based HII announced the contract Wednesday[...]
Ellucian to buy UK software company for $210M
Reston-based higher education software company Ellucian has agreed to buy United Kingdom-based Tribal Group, which also provides education services software, in an all-cash deal that values the company at up to $210 million. The deal was announced Thursday and Ellucian said in a news release that the offer was unanimously recomm[...]
