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Middleburg Communities hires CTO
Vienna-based Middleburg Communities hired Heath Flowers as its chief technology officer, the company announced Jan. 27. Flowers has overall responsibility for technology operations and strategies for the multifamily development, investment, construction and management company. “Middleburg has long embraced a tech-forward appro[...]
Parsons Corp. elects new chairwoman
The board of directors of Centreville-based defense contractor Parsons Corp. has elected President and CEO Carey A. Smith as its chairwoman, effective April 14, the company announced Monday. Smith will replace Charles “Chuck” Harrington, the current executive chairman, who will retire when his board term expires in A[...]
Son replaces father as Smith-Midland Corp. chairman
Rodney I. Smith, who worked at his family’s precast concrete company in Fauquier County for 62 years, has stepped down as Smith-Midland Corp.’s board chairman, making way for his son, Ashley B. Smith, who is also president and CEO. The company, which manufactures, licenses, rents and sells precast concrete products, [...]
CTSI acquires N.C. tech firm
Chantilly-based technology firm Corbett Technology Solutions Inc. (CTSI) has acquired Knightdale, North Carolina-based Systems Electronics Inc., the company announced Jan. 20. Financial terms of the transaction were not disclosed. CTSI is a portfolio company of Chicago-based private equity firm Wind Point Partners and this makes CTSI’s eighth transaction since it was acquired by Wind Point […][...]
Va. housing market broke records in 2021
Last year Virginia’s housing market was one for the record books, according to a new report released Jan. 21 by Virginia Realtors. In 2021, there were 154,340 home sales statewide, a 10.2% increase over 2020, according to the industry association. The median sales price was $350,000, a $30,000 jump, or 9.4% increase, from the previous […]
JBG Smith breaks ground on two mixed-use towers in Arlington
Maryland-based developer JBG Smith Properties announced Tuesday that it had started construction on two mixed-use towers in National Landing. The multifamily towers, located at 2000 and 2001 S. Bell St., will bring 775 rental apartments and nearly 27,000 square feet of retail space to National Landing. “The start of constructi[...]
Peraton names SVP and chief procurement officer
Dan Ostrosky became senior vice president and chief procurement officer for federal contractor Peraton Inc. on Monday. “Dan brings decades of proven experience in both procurement and profit and loss leadership and has a thorough understanding of how a strategically aligned procurement organization can be a force multiplier,�[...]
Reston IT company promotes CEO
Tony Crescenzo, president of Reston-based information technology contractor Intelligent Waves LLC (IW), has been promoted to CEO, the company announced Wednesday. “Tony’s high-energy leadership style and ability to recruit top management talent has enabled us to maximize the value and impact of our company,” IW founder[...]
Graham Media Group announces next president and CEO
Catherine Badalamente will be the next president and CEO of Arlington-based Graham Holdings Co.’s local media division, Graham Media Group. Her hiring follows current president and CEO Emily L. Barr’s Tuesday announcement that she would retire later this year. Graham Holdings Co. is the family company of the late Katharine G[...]
Kingstowne office buildings sell for $13M
Two office buildings in the Kingstowne area of Fairfax County have sold for $12.9 million, Avison Young announced last week. Melrose Solomon Enterprises purchased two office buildings at 5901 Village Parkway and 5695 King Centre Drive from The Halle Cos., based in Maryland. The larger property, 5695 Kings Centre Drive, is three [...]
Wiedefeld announces retirement as Metro CEO
Paul J. Wiedefeld, the general manager and CEO of the Washington Metropolitan Area Transit Authority, plans to retire in six months, the transit authority board chairman announced Tuesday. Wiedefeld was hired in November 2015 to lead the authority, which manages the Metrorail and Metrobus transportation systems in the Washington[...]
Booz Allen secures $74M Navy contract
McLean-based Fortune 500 global management consultant Booz Allen Hamilton Inc. won a potential $74.7 million contract with the U.S. Navy to support the Program Executive Office Unmanned and Small Combatants (PEO USC) mission, the U.S. Department of Defense announced Friday. Under the cost-plus-fixed-fee contract, Booz Allen Hamilton will provide a single program executive for the […]
