Brick Industry Association names new prez, CEO
The Reston-based Brick Industry Association has announced that Tricia Mauer will become its next president and CEO on Jan. 1, 2025. Mauer, who has served as the association’s vice president of membership and programs since 2016, will take over as chief operating officer for the organization on Jan. 1, 2024, and work in tha[...]
Leidos shakes up C-suite in restructuring
Months after new Leidos CEO Tom Bell hinted at a “new North Star” for the Reston-based Fortune 500 contractor, the company has announced a shakeup of its C-suite and a reorganization. The company solidified the changes Thursday, two days after releasing its third-quarter report, which included revenues of $3.9 billio[...]
Fairfax AI firm acquired by Texas-based tech company
Fairfax-based ARInspect, a firm specializing in artificial intelligence products for public sector field operations, has been acquired by Texas software company Tyler Technologies, the companies announced Tuesday. Tyler declined to disclose the price and terms of the deal. Tyler will add ARInspect’s AI-powered platform to its portfolio and use the Fairfax company’s technology across its […][...]
Northrop Grumman awarded up to $732M for satellite contract
Fortune 500 Falls Church defense contractor Northrop Grumman will build 38 data transport satellites for the U.S. Space Force’s Space Development Agency under a contract valued up to $732 million as the agency builds out a space-based communications network. The work, announced Monday by the agency, falls under Tranche 2 T[...]
King George exploring second industrial park
King George County officials are negotiating with two landowners where the county wants to build a new industrial and technology park as it looks for a spot to lure more businesses. The existing 149-acre King George County Industrial Park is full, and there’s nothing to offer economic development prospects there. During th[...]
Fix-it shop
Since becoming Arlington County’s economic development director in November 2022, Ryan Touhill’s most pressing challenge has been sharply delineated: The county’s office vacancy rate has hit 23.7%, nearly twice the national rate of 13.1%, a record high itself, according to the National Association of Realtors. [...]
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’ prog[...]
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 f[...]
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 […]