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HII receives $826M defense contract
Newport News-based Huntington Ingalls Industries will provide technology and other support to the Department of Defense under a $826 million contract. According to a news release, HII’s McLean-based mission technologies division will also provide threat analysis and analytics support as well as operations integration and operational effects support. The work will support Defense Department service […][...]
Northrop Grumman receives $3.3B missile defense contract
Falls Church-based Northrop Grumman Corp. has received a contract worth nearly $3.3 billion from the Missile Defense Agency to help defend the homeland from ballistic missile threats. The Fortune 500 aerospace and defense contractor will design, develop and sustain new capabilities for the next Ground-based Midcourse Defense Wea[...]
Two HBCUs eye region for satellite campus
Northern Virginia economic development officials are working with Virginia’s two public historically Black colleges and universities (HBCUs) to establish a joint satellite campus in the region that officials say would fill a gap in higher-ed offerings in Virginia’s largest population center. The presidents of Virgini[...]
First National Bank to expand in NoVa, Richmond
FNB Corp., parent company of First National Bank, announced Wednesday it will expand its presence in Virginia, particularly in the Northern Virginia area. According to a news release, FNB expects to add four branches in Reston and Arlington by 2024, in addition to seven currently operating in the greater Washington, D.C., area. [...]
Bowman Consulting acquires California firm
Reston-based engineering services firm Bowman Consulting Group has acquired San Diego-based Project Design Consultants, the company recently announced. Founded in 1976, PDC has 65 employees and provides civil engineering, surveying, planning and landscape architecture to clients in Southern California. “PDC presents a compelling opportunity for Bowman to advance our market expansion and service diversification initiatives,” [&hellip[...]
Acuity International receives $127M Air Force contract
Reston-based Acuity International LLC has received a $127 million Air Force contract to provide base operational and security support for Iraq’s F-16 program, the Department of Defense announced Friday. Under the contract, work will be performed at Iraq’s Martyr Brigadier General Ali Flaih Air Base and is expected to be completed by Jan. 30, 2023. […]
Arko Corp. buys Quarles Petroleum
Richmond-based Fortune 500 convenience retail holding company Arko Corp. has acquired Fredericksburg-based Quarles Petroleum for $170 million, Arko announced Monday. Arko Corp. debuted this year on the Fortune 500 list at No. 498 and is the parent company of Richmond-based GPM Investments LLC, one of the nation’s largest convenience store chains. Quarles Petroleum is one […]
PAE aviation division receives $136.5M Air Force contract
Arlington-based PAE Aviation and Technical Services LLC has received a $136.5 million contract to provide aerial target operations and maintenance for the Air Force, the Pentagon announced Thursday. Under the contract, PAE will conduct lethality testing of major weapons systems and munitions programs at Tyndall Air Force Base in[...]
HawkEye 360 opens satellite manufacturing center
Herndon-based HawkEye 360 Inc. has opened a new facility to boost production of its satellites. The 19,000-square-foot center will also allow the company to streamline satellite integration, accelerate introduction of new capabilities and provide stronger security, allowing it to meet defense and intelligence customer requiremen[...]
Alexandria bank buys building, brings employees together
Burke & Herbert Bank & Trust Co. has acquired a $22 million office building in Alexandria to bring many of its employees together under one roof. The Alexandria-based bank announced July 11 that it had bought the 110,047-square-foot office building at 5680 King Centre Drive. The seller was not disclosed. The bank will br[...]
Akima wins $109M Air Force flight training contract
Herndon-based Akima Logistics Services has received a 10-year, $109.7 million contract to support training squadrons at the U.S. Air Force Academy in Colorado Springs. Under the contract, Akima will provide organizational and depot maintenance and provide sortie support, scheduling, maintenance and aircraft recovery for flight, [...]
Leidos receives $291M Navy contract
Reston-based Fortune 500 contractor Leidos has received a $291 million follow-on contract for work with the Navy’s Program Executive Offices’ Integrated Warfare Systems directorate, according to a news release. The single award, cost-plus-fixed-free contract includes a one-year base period with a four additional one-[...]
