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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[...]
Va. Smart Community Testbed names tech specialist
Stafford County’s Virginia Smart Community Testbed and the Virginia Innovation Partnership Cooperation have a new technology specialist for businesses and other organizations looking to pilot their products and services. Uma Marques started as the technology specialist for the Testbed March 14, according to a news release.[...]
Leonardo DRS to sell satellite business for $450M
Arlington-based Leonardo DRS Inc., a subsidiary of Italian defense contractor Leonardo SpA, has agreed to sell its satellite communications business to SES for $450 million, according to a news release. The deal is expected to close in the second half of 2022 subject to regulatory approval. “The DRS GES [Global Enterprise Solutions] business is well-respected […]
Accenture Federal Services wins $118M State Department contract
Arlington-based Accenture Federal Services has won a $118 million contract from the State Department to help the Bureau of Consular Affairs reduce fraud and handle data replication for passports and visas. The five-year contract includes work supporting a department database that serves as a hub for information between other government branches in support of homeland security. […]
Leidos names new top climate scientist
Reston-based Leidos Holdings Inc. has named Miguel Román as senior director and chief scientist of climate and environment, the science and technology giant announced Thursday. Román joins Leidos from NASA, where since 2014, he led a worldwide group to generate long-term climate data from polar-orbiting satellites. In his new role, Román will be responsible for […]
GDIT lands $4.5B IT contract
Falls Church-based General Dynamics Information Technology has been awarded a user facing and data center services contract from the National Geospatial-Intelligence Agency (NGA) worth $4.5 billion over a 10-year period. Under the contract, GDIT, a business unit of Reston-based Fortune 500 aerospace and defense contractor Genera[...]
MainStreet Bancshares president to retire
Charles “Chris” Brockett announced Friday that he’s retiring as president of MainStreet Bancshares Inc., parent company of Fairfax-based MainStreet Bank, effective March 31. Brockett has served as MainStreet Bancshares’ president since January 2017. He will remain a member of the board of directors. “We are[...]
