Fairfax County retail portfolio sells for $200M
A portfolio of retail buildings in Fairfax County’s Kingstowne community has sold for $200 million, Avison Young’s Capital Markets Group announced Thursday. The portfolio has 410,398 combined square feet of retail space anchored by Safeway and Giant supermarkets and includes part of Kingstowne Towne Center and of Kingsto[...]
Google to invest $300M in Va., announces workforce grant
Google will invest $300 million in Virginia in a plan that includes data centers, the technology giant announced Tuesday during a press conference at its Reston office. That’s in addition to a $250,000 grant to Richmond-based nonprofit CodeVA to develop a network of computer science lab schools to expand professional devel[...]
Ellucian closes acquisition of CampusLogic
Reston-based higher education software company Ellucian Inc. has completed its acquisition of Chandler, Arizona-based financial aid software provider CampusLogic Inc, Ellucian announced Tuesday. The deal was first announced in January. Financial details were not disclosed. Campus Logic is a software-as-a-service (SaaS) company that provides financial aid tools and platforms for colleges and universities. It supports […][...]
Chantilly-based American Systems adds board member
Chantilly-based American Systems has appointed its vice president of human resources, Chris Braccio, to the employee-owned federal IT and engineering contractor’s board of directors. Braccio, who has worked for American Systems since 2007, will take over a board seat vacated by Joe Kopfman, who retired after 43 years of se[...]
Leesburg environmental firm wins $136.9M NOAA contract
Leesburg-based environmental contracting firm Lynker has received a $136.9 million, five-year contract from the National Oceanic and Atmospheric Administration to provide scientific support to the National Weather Service’s National Centers for Environmental Prediction. Work is expected to begin Sept. 1 and will be performed at the weather services’ Environmental Modeling Center in College Park, Maryland, […][...]
HII’s Mission Technologies division names new VP
Huntington Ingalls Industries has named Henry Choi as its new vice president of business development for cyber, electronic warfare and space for its McLean-based Mission Technologies division. Choi will be responsible for business growth, strategy and customer engagement, according to an announcement Monday by Newport News-based[...]
39% of metro D.C. workers are back in the office
During the week of April 6, offices around the country had the highest number of workers back at their desks since March 2020, according to Falls Church-based Kastle Systems, which is tracking office occupancy data for 10 major cities, including the metro Washington, D.C., region. During the first week in April, an average of 43[...]
Herndon analytics firm taps new president and CFO
Herndon-based data analytics firm Illuminate has named Tameika Hollis as president and Scott Crane as chief financial officer, according to an April 12 announcement. Hollis previously served as Illuminate’s chief operations officer and joined the company in 2020 after nearly 17 years as a program manager and executive at Northrop Grumman, according to her LinkedIn […]
Booz Allen to sell Middle East/N. Africa biz
New York-based management consulting firm Oliver Wyman announced last week that it has entered an agreement to acquire McLean-based Fortune 500 global management consultant Booz Allen Hamilton Inc.’s business serving the Middle East and North Africa (MENA) region. Financial terms of the transaction, which is expected to close [...]
Reston-based Babel Street names new CEO, CFO
Reston-based Babel Street Inc., a web and social media monitoring company, has named a new CEO and chief financial officer, according to a news release. Michael Southworth succeeds Babel Street founder and CEO Jeff Chapman, who has been named vice chairman of the company’s board of directors. Brian Daum has joined the com[...]
Fredericksburg chamber promotes 4
The Fredericksburg Regional Chamber has promoted four of its staff, the chamber announced in a news release Thursday. Wendy Zelazny is now vice president of membership, Carley Swaim Walker is now vice president of programs and events, Stacey Hicks is now operations manager and Ellen Ball is now senior director of finance. Zelazny has been […]
Mark Esper joins Tysons venture capital firm
Mark Esper, who led the Pentagon from 2019 to 2020, has joined Tysons-based incubation and venture capital firm Red Cell Partners LLC as a partner and chair of its national security practice, according to a news release. Esper will lead Red Cell’s investment activities in cyber, defense, security, international affairs, sp[...]