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Volkswagen names new president, CEO of Americas Group
Volkswagen is shaking up leadership in the Americas as it launches a new company focusing on electric pickups and sport utility vehicles after acquiring the iconic Scout ATV brand. Scott Keogh, who has led Herndon-based Volkswagen Group of America as president and CEO and the Volkswagen North American Region since 2018, will bec[...]
EY names eight Virginians mid-Atlantic entrepreneurs of year
Eight leaders from six Virginia businesses have been named winners of Ernst & Young LLP’s Mid-Atlantic Entrepreneur of the Year Award for 2022. The winners, named in early July by the Big Four multinational professional services company, include: 10Pearls | Imran Aftab, co-founder and CEO, Vienna Aireon LLC | Don Thom[...]
GDIT receives $908M contract
Falls Church-based federal contractor General Dynamics Information Technology Inc. has been awarded a $908 million contract to support IT and network systems operated by the U.S. Air Forces in Europe. The award is for the single-award, indefinite-delivery/indefinite-quantity Europe-Wide Information Technology and Enterprise Netw[...]
Herndon-based ePlus acquires Texas company
Herndon-based technology solutions provider ePlus Inc. has acquired Future Com Ltd., a Texas-based tech company, ePlus announced Monday. Financial terms of the transaction were not disclosed. The deal closed on July 16. Future Com offers hardware, software, support and consulting services. “As we actively work to grow our secu[...]
Bowman hires longtime client as Leesburg manager
Bowman Consulting Group Ltd. has named Gary VanAlstyne as the company’s branch manager and principal at its Leesburg office. VanAlstyne brings more than 30 years of experience in construction and development to Bowman, with which he had worked closely as a client since 2000. He previously served as vice president of Fairfax-based Davis Utility Consulting […]
Cortland completes $1B investment in Arlington
Cortland, an Atlanta-based multifamily real estate investment, development and management company, has completed its initial round of apartment acquisitions in Arlington with the purchase of Evo Rosslyn, a 27-story apartment building. The purchase is part of a $1 billion investment in multiple Arlington apartment communities, fi[...]
Deltek to acquire Wis. software company
Herndon-based software company Deltek Inc. announced Thursday it had entered into an agreement to acquire Wisconsin-based TIP Technologies Inc. Financial details of the transaction were not disclosed. The acquisition is expected to close in the third quarter of 2022. “For nearly forty years, Deltek has had a relentless focus on government contracting and powering our […]
ICF acquires SemanticBits for $220M
Fairfax-based management consulting firm ICF International Inc. announced Thursday it had completed its $220 million acquisition of health tech contractor SemanticBits. In June, ICF announced it had entered into a definitive agreement to acquire the Herndon-based company, and that its existing credit facility would fund the $220[...]
Booz Allen Hamilton launches $100M VC fund
Booz Allen Hamilton Inc. has formed a $100 million corporate venture capital arm, the McLean-based Fortune 500 global management consultancy announced Wednesday. Named Booz Allen Ventures LLC, the arm will invest in early-stage companies and technologies across four categories: defense, artificial intelligence/machine learning, [...]
Serco appoints defense VP as new CEO
Herndon-based federal contractor Serco Inc. (a subsidiary of United Kingdom-based Serco Group plc) on Tuesday announced that defense executive Tom Watson will be promoted to CEO, effective Sept. 1. Watson will replace David Dacquino, who is retiring as chief executive but will remain as chairman of the company’s board of directors in North America. Dacquino joined […]
CTSI purchases NYC’s largest fire alarm company
Chantilly-based technology company Corbett Technology Solutions Inc. (CTSI) has acquired New York-based fire alarm company Firecom, CTSI announced Tuesday. Financial terms of the transaction were not disclosed. CTSI is a portfolio company of Chicago-based private equity firm Wind Point Partners. The Firecom deal is CTSI’s [...]
Northrop Grumman lands $338M helicopter avionics contract
Northrop Grumman has received a $338 million contract from the Navy for continued integration and development of the Marine Corps’ H-1 helicopter fleet’s avionics systems and weapons. Under the contract, the Falls Church-based Fortune 500 aerospace, defense and technology contractor will research alternatives to and [...]
