Metro delays create hassles for businesses, workers
Metrorail delays played a factor in Danielle Romanetti’s decision at the beginning of the year to close fibre space, her Old Town Alexandria yarn and knitting supplies shop, an hour earlier each day. “We now close at [7 p.m.] instead of [8 p.m.], just so staff can get home in time to eat a proper […]
NASA vet named president of Leidos’ Dynetics
Huntsville, Alabama-based Dynetics Inc., a wholly owned subsidiary of Reston-based Fortune 500 government contractor Leidos Holdings Inc., has named Steve Cook as its new Dynetics Group president and Paul Engola as deputy president, effective April 1, the company announced Tuesday. Current Dynetics President Dave King will stay [...]
Skanska tops out mixed-use building in McLean
Heming at 1800 Chain Bridge Road, a 28-story mixed-use building in McLean, has now been “topped out,’ Skanska announced March 23. Representatives from Skanska, CallisonRTKL, IMEG Corp., and Skanska’s construction partners commemorated the construction milestone by signing a steel beam and placing it at the highest [...]
NASA orders more space missions from Northrop Grumman
NASA has ordered 12 more resupply missions to the International Space Station, six of which have been placed with Falls Church-based Northrop Grumman, the space agency announced March 25. Another six missions are from Elon Musk’s California-based SpaceX. According to NASA’s announcement, the missions, part of its Com[...]
GDIT wins $171M Army contract
Falls Church-based General Dynamics Information Technology has received a five-year $171 million contract to support the Army’s biomedical research grant applications. The Biomedical Research Application Evaluation and Support contract supports the Army’s Medical Research Development Command and the Congressionally Directed Medical Research Programs (CDMRP), according to a news release. Under it, GDIT will provide scientific[...]
BAE Systems lands $173M contract for Marine combat vehicles
Arlington-based BAE Systems has received a $173 million contract modification for delivery of additional amphibious combat vehicles (ACVs) to the Marine Corps, the Department of Defense announced Friday. The modification, which exercises options to procure and produce 36 ACVs, brings the total value of the contract to more than [...]
GMU’s Arlington campus renamed ‘Mason Square’
George Mason University’s Arlington campus is being renamed Mason Square. The university announced the rebranding Thursday, also naming its new $168 million technology-forward building designed to support digital innovation and collaboration and serve as the anchor for the Rosslyn-Ballston’s developing innovation dis[...]
Dulles transit fleet to go greener
Washington Dulles International Airport’s parking shuttle fleet is going greener. The Metropolitan Washington Airports Authority on Thursday announced that it purchased five fully electric-powered ZX5+ buses from California-based Proterra Operating Company Inc. as well as three charging stations. Each 29-seat bus features a 450-kilowatt-hour battery that can deliver as many as 216 miles of service […][...]
McLean medical office building refinanced with $20M loan
Toronto-based commercial real estate firm Avison Young announced Wednesday that its debt and equity finance team had arranged a $20 million loan to refinance a medical office building in McLean. Built in 1985, the three-story, 47,000-square-foot medical office building is located at 1420 Beverly Road. A partnership between Stewa[...]
Peraton receives $254M State Department award
Herndon-based Peraton Inc. has been awarded a five-year, $254 million contract to support the State Department’s Diplomatic Security Service’s cybersecurity operations. The federal contractor announced the award Thursday. Under the contract, Peraton will provide cyber support, including incident management, threat analysis and penetration testing. Peraton will also help the department protect its global IT infrastructure [&h[...]
Report: Va. data center projects totaled $6.8B in 2021
Data centers are a primary driver of economic growth in Virginia, comprising $6.8 billion or 62% of all major economic investments announced last year by the Virginia Economic Development Partnership, according to a new report released Thursday by the Northern Virginia Technology Council (NVTC). While the total for 2021 represen[...]
WaveDancer to acquire Herndon SaaS firm for $90M
Fairfax-based software company WaveDancer Inc. announced Tuesday that it has entered into a definitive agreement to acquire Herndon-based software-as-a-service platform company Knowmadics Inc. for $90 million. Approximately $56.5 million in cash and $33.5 million of stock at a price of $6.50 per share comprise the $90 million to[...]