ASRC Federal buys Manassas defense contractor
Reston-based ASRC Federal Holding Co. has acquired Manassas-based defense contractor Broadleaf Inc., ASRC announced Monday. Financial details of the transaction were not disclosed. Founded in 2009, Broadleaf is a U.S. Small Business Administration Certified Native Hawaiian Organization. The company provides information technolog[...]
Raytheon wins $308M contract for Navy destroyer work
Arlington-based Raytheon Technologies Corp.’s Missiles & Defense business has received a $308.4 million contract modification for combat systems work on the Navy’s Zumwalt-class guided-missile destroyers, the Pentagon announced Wednesday. Work includes combat system installation, integration, development, testing[...]
Boeing lands $313.4M Super Hornet life extension contract
Arlington-based Boeing Co. has received a $313.4 million contract modification to upgrade and extend the service life of 25 Navy Super Hornet jet fighters, the Pentagon announced Wednesday. The contract includes non-recurring engineering, system engineering program management and Block III avionics upgrades to extend the service[...]
Raytheon receives $237M Army contract
Arlington-based Raytheon Technologies Corp. has received a $237 million Army contract to help the service detect and defeat unmanned aircraft with sensors and drones, the company announced Wednesday. The contract includes a combination of fixed-site and mobile systems, including the company’s Ku-band Radio Frequency Sensor[...]
Potomac Yard Metro station opening May 19
Potomac Yard Metro station will open May 19, Alexandria’s mayor and Metro’s CEO announced Wednesday. Metro’s 98th station, it will be located near Virginia Tech’s Innovation Campus and Amazon.com Inc.’s Arlington HQ2 East Coast headquarters. “Our team is working hard to put the finishing touch[...]
Fors Marsh acquires Fla. marketing firm
Arlington County-based market strategy and research firm Fors Marsh has acquired Florida-based marketing firm Brunet-García, the company announced April 5. Terms of the deal were not disclosed. Fors Marsh employs 420 researchers, advisers and communicators and serves federal clients such as the U.S. Department of Health and Human Services, the Department of Defense, the Department […]
Report: Snyder agrees to $6B sale of Commanders
Washington Commanders owner Dan Snyder has agreed to sell the Ashburn-based NFL team for a record-breaking $6 billion, according to several news reports Thursday. The buyers are a group of investors that includes NBA legend Magic Johnson and is led by two Maryland billionaires, Apollo Global Management co-founder Josh Harris and[...]
HII announces more than $1.8B in contracts
Newport News-based Huntington Ingalls Industries Inc. on Tuesday announced more than $1.8 billion in contracts awarded to its mission technologies and shipbuilding divisions. The company’s McLean-based Mission Technologies was awarded a $1.3 billion U.S. African Command Personnel Recovery Enterprise Services and Solutions [...]
Bowman acquires Maryland engineering firm
Reston-based Bowman Consulting Group Ltd. has acquired Rockville, Maryland-based Richter & Associates, a dry utility infrastructure engineering firm, the company announced Tuesday. Terms of the deal were not disclosed. Richter has 28 employees. The company works with private and public clients as well as utilities to design, develop and implement natural gas, electric and telecommunications […][...]
Rolls-Royce North America names new CEO
Rolls Royce plc has named Adam Riddle as the new chairman and CEO of its Reston-based North American branch, as well as president of its defense division, effective immediately. He succeeds Thomas Bell, who recently was hired to lead Leidos. Riddle, a former Army officer and Boeing Co. executive, has been with Rolls-Royce’[...]
Mars to acquire Colorado pet care company for $1.2B
McLean-based global candy and pet food manufacturer Mars Inc. has entered into a definitive agreement to acquire Loveland, Colorado-based veterinary diagnostic and specialty product provider Heska Corp. in a deal valued at $1.2 billion, or $120 per share, the companies announced Monday. Heska will join Mars Petcare, expanding its science and diagnostics division. “This transaction […]
Raytheon receives $1.2B missile contract
Arlington County-based Raytheon Technologies Corp. will produce its Patriot missile systems for Switzerland under a $1.2 billion U.S. Army foreign military sales contract. The contract, announced by the Pentagon March 28, includes five Patriot units as well as the company’s Guidance Enhanced Missile, or GEM-T, a Patriot missile variant used to defeat tactical ballistic missiles, […]