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Northern Virginia

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Jul 1, 2025

CIA pays Peterson Cos. $246M for Virginia office building

The CIA recently purchased a massive 10-story office building in Chantilly for $246 million, according to Fairfax County tax records.

$35B Capital One-Discover merger closes
Jun 29, 2025

$35B Capital One-Discover merger closes

McLean-based Capital One Financial completed its $35.3 billion acquisition of Discover Financial Services in May, finalizing the merger of the credit card giants announced last year. On April 18, Capital One received approval from the Federal Reserve and the Office of the Comptroller of the Currency to purchase Illinois-based Di[...]

Image by Depositphotos
Jun 27, 2025

22nd Century Technologies adds 880 jobs in Virginia

22nd Century Technologies plans to invest $1 million to expand its headquarters in Fairfax County and offices across Virginia.

Virginia-class submarine. Photo by AdobeStock
Jun 27, 2025

General Dynamics subsidiary wins $1.85B contract modification

General Dynamics Electric Boat has been awarded an up to $1.85 billion contract modification from the U.S. Navy.

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Jun 26, 2025

SAIC secures $928M Air Force contract

Science Applications International Corp. announced that it has been awarded a $928 million, five-year contract to support the Air Force.

In a June 25, 2025, decision, the European Commission will conduct an investigation of the Mars-Kellanova blockbuster deal. Photo courtesy Depositphotos
Jun 25, 2025

EU opens investigation into $35.9B Mars-Kellanova merger; FTC approves deal

The European Union's antitrust watchdog organization has opened an in-depth investigation into Mars' proposed $35.9 billion acquisition of Kellanova

The building at 2415 Eisenhower Ave. Photo by AdobeStock
Jun 25, 2025

HUD to move into National Science Foundation building in Alexandria

HUD is relocating its headquarters from Washington, D.C., to the National Science Foundation building in Alexandria.

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Jun 25, 2025

Tysons company acquired in $5B wireless tech deal

Casa del Fuego Family Office and Trust acquires Digital Global Systems in all stock transaction valued at $5B.

Mars announced plans to purchase Kellanova, whose products include Pringles, Eggo and Pop-Tarts, for $35.9 billion on Aug. 14, 2024. Image courtesy Kellanova
Jun 24, 2025

Report: EU set to launch antitrust probe of $35.9B Mars-Kellanova deal

The European Union's antitrust watchdog is expected to launch a full-scale investigation into Mars' $35.9 billion acquisition of Kellanova.

Raft acquires N3bula Systems for undisclosed amount
Jun 23, 2025

Raft acquires N3bula Systems for undisclosed amount

McLean-based defense technology company Raft announced last week it has acquired weapons technology developer N3bula Systems.

JBG Smith acquires Tysons Dulles Plaza for $42.3M
Jun 23, 2025

JBG Smith acquires Tysons Dulles Plaza for $42.3M

JBG Smith announced last week that it has acquired Tysons Dulles Plaza — a 15-acre office campus in Tysons that houses three-buildings.

Virginia-class submarine underway during sea trials. Photo courtesy General Dynamics
Jun 20, 2025

General Dynamics wins $987M submarine contract modification

The shipbuilding unit of Reston-based aerospace and defense giant General Dynamics won a $987 million contract modification.

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