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PAE aviation division receives $136.5M Air Force contract
Arlington-based PAE Aviation and Technical Services LLC has received a $136.5 million contract to provide aerial target operations and maintenance for the Air Force, the Pentagon announced Thursday. Under the contract, PAE will conduct lethality testing of major weapons systems and munitions programs at Tyndall Air Force Base in[...]
HawkEye 360 opens satellite manufacturing center
Herndon-based HawkEye 360 Inc. has opened a new facility to boost production of its satellites. The 19,000-square-foot center will also allow the company to streamline satellite integration, accelerate introduction of new capabilities and provide stronger security, allowing it to meet defense and intelligence customer requiremen[...]
Alexandria bank buys building, brings employees together
Burke & Herbert Bank & Trust Co. has acquired a $22 million office building in Alexandria to bring many of its employees together under one roof. The Alexandria-based bank announced July 11 that it had bought the 110,047-square-foot office building at 5680 King Centre Drive. The seller was not disclosed. The bank will br[...]
Akima wins $109M Air Force flight training contract
Herndon-based Akima Logistics Services has received a 10-year, $109.7 million contract to support training squadrons at the U.S. Air Force Academy in Colorado Springs. Under the contract, Akima will provide organizational and depot maintenance and provide sortie support, scheduling, maintenance and aircraft recovery for flight, [...]
Leidos receives $291M Navy contract
Reston-based Fortune 500 contractor Leidos has received a $291 million follow-on contract for work with the Navy’s Program Executive Offices’ Integrated Warfare Systems directorate, according to a news release. The single award, cost-plus-fixed-free contract includes a one-year base period with a four additional one-[...]
Volkswagen names new president, CEO of Americas Group
Volkswagen is shaking up leadership in the Americas as it launches a new company focusing on electric pickups and sport utility vehicles after acquiring the iconic Scout ATV brand. Scott Keogh, who has led Herndon-based Volkswagen Group of America as president and CEO and the Volkswagen North American Region since 2018, will bec[...]
EY names eight Virginians mid-Atlantic entrepreneurs of year
Eight leaders from six Virginia businesses have been named winners of Ernst & Young LLP’s Mid-Atlantic Entrepreneur of the Year Award for 2022. The winners, named in early July by the Big Four multinational professional services company, include: 10Pearls | Imran Aftab, co-founder and CEO, Vienna Aireon LLC | Don Thom[...]
GDIT receives $908M contract
Falls Church-based federal contractor General Dynamics Information Technology Inc. has been awarded a $908 million contract to support IT and network systems operated by the U.S. Air Forces in Europe. The award is for the single-award, indefinite-delivery/indefinite-quantity Europe-Wide Information Technology and Enterprise Netw[...]
Herndon-based ePlus acquires Texas company
Herndon-based technology solutions provider ePlus Inc. has acquired Future Com Ltd., a Texas-based tech company, ePlus announced Monday. Financial terms of the transaction were not disclosed. The deal closed on July 16. Future Com offers hardware, software, support and consulting services. “As we actively work to grow our secu[...]
Bowman hires longtime client as Leesburg manager
Bowman Consulting Group Ltd. has named Gary VanAlstyne as the company’s branch manager and principal at its Leesburg office. VanAlstyne brings more than 30 years of experience in construction and development to Bowman, with which he had worked closely as a client since 2000. He previously served as vice president of Fairfax-based Davis Utility Consulting […]
Cortland completes $1B investment in Arlington
Cortland, an Atlanta-based multifamily real estate investment, development and management company, has completed its initial round of apartment acquisitions in Arlington with the purchase of Evo Rosslyn, a 27-story apartment building. The purchase is part of a $1 billion investment in multiple Arlington apartment communities, fi[...]
Deltek to acquire Wis. software company
Herndon-based software company Deltek Inc. announced Thursday it had entered into an agreement to acquire Wisconsin-based TIP Technologies Inc. Financial details of the transaction were not disclosed. The acquisition is expected to close in the third quarter of 2022. “For nearly forty years, Deltek has had a relentless focus on government contracting and powering our […]
