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Booz Allen fires subcontractor who wrote document about DOGE access to Treasury
McLean-based Fortune 500 management consulting contractor Booz Allen Hamilton has fired a subcontractor who warned the U.S. Treasury Department about the Department of Government Efficiency having access to the Treasury’s payment system. Booz Allen said that sources quoted in recent media reports “mischaracterize a document [...]
Playa Hotels & Resorts to be acquired in $2.6B deal with Hyatt
Resorts owner, operator and developer Playa Hotels & Resorts has entered into an agreement to be acquired by an indirect subsidiary of Hyatt Hotels for approximately $2.6 billion, including approximately $900 million in debt, the hospitality companies announced Monday. Playa Hotels & Resorts is a Dutch public limited lia[...]
NoVa could feel pain if Trump cuts federal office space
Northern Virginia is sure to weather aftershocks if the Trump administration moves forward with plans to shutter half of the properties owned and leased by the federal government. “We’ll see some strong reverberations,” said David Tarter, executive director for the Center for Real Estate Entrepreneurship and the master[...]
Judge hits pause on Trump/Musk federal workforce buyout deadline
Less than 12 hours before the Trump administration’s midnight Thursday deadline for 2 million federal workers to decide whether to accept a controversial buyout plan, a federal judge temporarily paused the clock, setting a hearing on the matter for Monday. Three unions representing about 800,000 federal workers filed the l[...]
MicroStrategy unveils new name and logo, emphasizing Bitcoin
The Tysons tech company formerly known as MicroStrategy has a new moniker: Strategy. In addition to announcing a new name, the Bitcoin behemoth chaired by Michael Saylor unveiled Wednesday a new logo and a new brand color. “The new logo includes a stylized “B,” signifying the company’s Bitcoin strategy, and its unique po[...]
RTX board chair to step down in April
Gregory J. Hayes will step down as executive chairman of Arlington County-based RTX in April, when he will be replaced by Christopher T. Calio, president and CEO of the Fortune Global 500 aerospace and defense contractor. Hayes notified RTX of his plans to step down as executive chairman and from the board “prior to the [&[...]
Fairfax casino legislation passes in Va. Senate
A bill to allow Fairfax County residents to hold a casino referendum passed in a Virginia State Senate vote Tuesday. The measure will next go before the Virginia House of Delegates for consideration. Senate Bill 982, introduced by Sen. Scott Surovell, D-Fairfax, passed in a 24-16 vote in the Senate, along bipartisan lines, with [...]
Could Boeing HQ move be in the cards?
In May 2022, Virginia officials were in a buoyant mood as Fortune Global 500 aerospace and defense giant Boeing announced it would move its world headquarters from Chicago to Arlington County, with then-President and CEO Dave Calhoun having conferred with Gov. Glenn Youngkin months ahead about the move. Nearly three years later,[...]
Herndon contractor to acquire NG division for $327M
Herndon tech and management contractor Serco Inc. has agreed to acquire Northrop Grumman’s mission training and satellite ground network communications software business (MT&S) for approximately $327 million. Serco Inc., a wholly owned subsidiary of United Kingdom-based Serco Group, announced the deal Wednesday, which is e[...]
Fairfax casino bill moves forward in Va. Senate
A Virginia State Senate bill that could bring a casino to Tysons won a vote in the Senate Finance Committee on Tuesday, pushing it forward to a full Senate vote later in the Virginia General Assembly session. If passed by the state legislature and signed by Gov. Glenn Youngkin, Fairfax County voters would have the […]
Accenture Federal Services wins $3.5B DOE contract
The Department of Energy awarded Accenture Federal Services, an Arlington County federal contractor, a $3.5 billion, single-award, blanket purchase agreement to provide information technology services to the agency on Friday, just prior to the Trump administration’s return to the White House. The CIO Business Operations Su[...]
Va. Tech Innovation Campus opens first academic building
The first academic building of Virginia Tech’s Innovation Campus in Alexandria opened to students Tuesday as classes commenced. Virginia Tech started construction on the first academic building of the $1 billion campus in September 2021 and had planned to open the $302 million building in August 2024, but supply chain issues[...]
