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Reston Limousine sold to Texas company
Dallas-based TBL Group, a transportation and logistics management acquisition company, has purchased Reston Limousine & Travel Service, a Sterling-based transportation company started in 1990. According to TBL’s website, the company will be known as Reston Transportation. Financial terms were not disclosed. Since its f[...]
DXC Technology names new chief procurement officer
Fortune 500 global IT company DXC Technology announced Wednesday that it has appointed Anders Lange as chief procurement officer. In the role, Lange will lead the Ashburn-based company’s global procurement function, where he will spearhead transformation initiatives, including expanding artificial intelligence adoption to [...]
Va. reports close to 300 layoffs across 3 bizs
A Fortune 500 federal contractor, a global aluminum company and a private school notified Virginia on March 31 of job cuts in compliance with the Worker Adjustment and Retraining Notification (WARN) Act. Leidos, which has its headquarters in Reston and provides technology, engineering and science services to defense, intelligenc[...]
AeroVironment stockholders approve $4B acquisition of BlueHalo
AeroVironment, an Arlington County-based defense contractor, announced Tuesday that its stockholders have approved the $4.1 billion purchase of Arlington aerospace and defense tech firm BlueHalo. The deal is expected to close in May. In November 2024, the company announced it was purchasing BlueHalo for approximately $4.1 billio[...]
AeroVironment subsidiary to deliver uncrewed vehicles to German Armed Forces
Arlington County-based defense contractor AeroVironment announced last week that its subsidiary Telerob was awarded “a significant contract” to deliver 41 large-sized advanced uncrewed ground vehicles to the German Federal Armed Forces, with initial deliveries scheduled for this summer and additional orders extending through[...]
Peraton taps new chief security officer
Peraton last week announced that it has appointed Christy Wilder as its chief security officer. In the role, Wilder will develop and execute comprehensive strategies, risk management and mitigation initiatives, incident response preparedness and enterprise safety protocols for the Reston-based federal contractor. She succeeds Mi[...]
Former Alexandria laser tag arena sells for $6M
The owners of an Alexandria Goddard School, an early childhood learning franchise, plan to open a second location in the city in a 20,000-square-foot building that started out as a roller-skating rink and was later home to a laser tag arena. The private preschool will take up 75% of the building at 5508 Franconia Road […]
Spire Global taps new CFO
Vienna-based space-focused data and analytics company Spire Global has appointed Alison “Ali” Engel as its new chief financial officer, effective April 1. Engel brings nearly two decades of CFO experience, most recently serving in that capacity for LeaseAccelerator from 2023 to 2024. Before that, she was CFO and treasurer of[...]
Take a look inside George Mason’s high-tech science and engineering labs
In a third-floor lab at George Mason University’s new, $107 million Life Sciences and Engineering Building in Manassas, students will dissect and study the effects of decomposition on human remains. A few floors away, their peers may dangle from harnesses while wearing sensors to research gaits while others test fly an aut[...]
Dulles-based Nightwing acquires Herndon’s Roka Security
Dulles-based intelligence solutions company Nightwing announced Thursday that it has acquired cybersecurity services company Roka Security, which is based in Herndon. The companies did not disclose financial details in the announcement. Nightwing was previously the cybersecurity and intelligence division for Fortune Global 500 a[...]
Kastle takes majority stake in Mich. security business
Kastle Systems, a Falls Church security solutions company, has taken a majority stake in i2G Systems, a Michigan-based electronic security service provider firm. Kastle did not clarify the amount of the investment. “Kastle’s strategic investment in i2G — a majority stake — is the largest investment in our companyR[...]
Judge orders a June trial for US government’s felony case against Boeing
A federal judge in Texas has set a June trial date for the U.S. government’s years-old conspiracy case against Arlington County-headquartered Boeing for misleading regulators about the 737 Max jetliner before two of the planes crashed, killing 346 people. U.S. District Judge Reed O’Connor did not explain in the sch[...]
