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General Dynamics’ Electric Boat lands $5.1B submarine contract
General Dynamics Corp.’s Groton, Connecticut-based Electric Boat Corp. has received a $5.1 billion contract modification for the Columbia-class ballistic-missile submarine program, the Pentagon announced Wednesday. The contract includes missile long-lead material and missile tube manufacturing, advance procurement and cons[...]
Raytheon contracts include radar surveillance for Taiwan
Arlington County-based Raytheon Technologies Co. was awarded two large contracts this week to help sustain a foreign surveillance radar program and for the continued production and delivery of its AIM-9X Sidewinder missile, the Pentagon announced this week. Under a $412.6 million Air Force contract announced Wednesday, Raytheon will provide continued sustainment to the Taiwan Surveillance […][...]
Perspecta receives $342M TSA contract
Perspecta Enterprise Solutions LLC, a subsidiary of Herndon-based government contractor Peraton, has received a contract worth up to $342.7 million to operate, maintain and improve the Transportation Security Administration’s IT equipment, services and processes, the company announced Wednesday. Chantilly-based Perspecta will support as many as 85,000 employees, contractors and support personnel at domestic and international [&hel[...]
Burke & Herbert Bank holding company elects new chair
Burke & Herbert Financial Services Corp. announced that President and CEO David P. Boyle will be chair of the board effective Jan. 1, 2023, the Alexandria-based holding company for Burke & Herbert Bank & Trust Co. announced Friday. Boyle joined the bank in 2019 and has been a bank director since 2020. He succeeds E. [...]
Leidos receives $334M Air Force hypersonics contract
Reston-based Leidos Inc. will help the Air Force develop its Mayhem hypersonic system under a $334 million contract, the Fortune 500 contractor announced Friday. Under the contract, Leidos will assist the U.S. Air Force Research Laboratory in developing the Expendable Hypersonic Multi-mission ISR (intelligence, surveillance and [...]
Potomac Yard Metro station set to open in May 2023
After more than two decades of planning, Alexandria’s Potomac Yard Metro station has a finalized opening date — May 2023 — according to the Washington Metropolitan Area Transit Authority, which announced its plans Tuesday. The station, Metrorail’s 98th in the Washington, D.C., region, was originally set to open i[...]
NASA, Boeing finalize $3.2B Artemis rocket contract
Arlington-based Boeing Corp. will continue manufacturing the core and upper stages of the Space Launch System rockets for NASA’s Artemis missions that are expected to take astronauts to the moon and beyond in coming years. NASA announced Friday that it finalized its $3.2 billion contract with Boeing, just two days before i[...]
CACI, Peraton land $2.2B defense contracts
Reston-based Fortune 500 federal contractor CACI International Inc. and a subsidiary of Herndon-based government contractor Peraton Inc. were awarded parallel contracts each valued at more than $2.2 billion to perform background investigations for the Defense Counterintelligence and Security Agency (DCSA), the Pentagon announced Thursday. The single-award, firm-fixed-price, indefinite-delivery/indefinite-quantity contracts come with a m[...]
Reston-based Octo to be acquired by IBM
Reston-based Octo is being acquired by IBM and its 1,500 employees will become part of IBM Consulting’s U.S. public and federal market arm. Terms of the deal were not disclosed in a news release Thursday. IBM is acquiring the company from Arlington Capital Partners and the deal is expected to close by the end of […]
Bechtel to build Intel’s Ohio semiconductor plant
Reston-based Bechtel Corp. has been selected to design and build the first phase of Intel Corp.’s $20 billion semiconductor manufacturing facility near Columbus, Ohio, a project that will include as much steel as eight Eiffel Towers. The work will include a total 2.5 million square feet, 600,000 square feet of which will be cleanrooms, according […]
GMU names EVP for finance and admin
George Mason University has promoted Deb Dickenson to executive vice president for finance and administration, the university announced Monday. Dickenson had been serving as interim senior vice president for administration and finance since June. In her new role, she will be responsible for universitywide leadership, strategic o[...]
American Systems receives $1B+ DISA contract
Chantilly-based government contractor American Systems Corp. has received a contract from the Defense Information Systems Agency valued up to $1.01 billion for test, evaluation and certification services, the Pentagon announced Friday. A minimum guarantee of $10,000 will be made through a task order that will be funded by fiscal 2023 research, development, test and evaluation […]
