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Signs of promise
A second year of COVID came and went, but 2021 proved more fruitful and less uncertain for businesses in Northern Virginia, where vaccination rates were the highest in the commonwealth. Work on Amazon.com Inc.’s $2.5 billion-plus HQ2 East Coast headquarters in Arlington County is forging ahead, and economic development off[...]
A hybrid solution
Guidehouse’s leadership had in mind many of the perks that some employees now demand when the global management consulting firm began its search for a new headquarters in 2019. Those included more flexible spaces, access to the outdoors, and technologies to support remote work and meetings. The firm also was growing. With [...]
PAE’s former head named Amentum CEO
John Heller, the former CEO of Falls Church-based contractor PAE Inc., will serve as CEO of Germantown, Maryland-based aerospace defense contractor Amentum Services Inc., which purchased PAE earlier this month. Heller, who led PAE for seven years until March 2021, will take his new post effective March 28, Amentum announced Thur[...]
Amentum seals deal on $1.9B PAE acquisition
The $1.9 billion, all-cash acquisition of Falls Church-based government contractor PAE Inc. (Pacific Architects and Engineers) by an affiliate of Germantown, Maryland-based aerospace defense contractor Amentum Services Inc. has closed, the two companies have announced. The deal, which closed Feb. 15, was first announced in Oct[...]
Northrop Grumman wins $341M contract to develop deep space radar
Falls Church-based Fortune 500 defense contractor Northrop Grumman Corp. has won a $341 million contract from the U.S. Space Force to develop and test a ground-based surveillance radar in support of its Space Domain Awareness mission, the contractor announced Wednesday. The Deep-Space Advanced Radar Capability is expected to enh[...]
Fairfax-based Guidehouse names chief technology officer
Fairfax-based Guidehouse has named Dan Hushon to lead its technology efforts. As chief technology officer, Hushon will lead transformational activities as Guidehouse speeds delivery of digital solutions for its commercial and public sector clients. He will also lead the company’s next generation cloud computing solutions a[...]
Arlington cybersecurity firm promotes CEO
Jennifer Tisdale has been promoted to CEO of GRIMM, the Arlington-based cybersecurity firm announced Tuesday. She was previously the firm’s senior principal of cyber-physical systems security. “Having spent the last decade dedicated to the advocacy of cybersecurity research and testing, it is an honor to lead the str[...]
Tegna to sell for $5.4B to hedge fund
Tysons-based broadcast and digital media giant Tegna Inc. will be acquired in a $5.4 billion cash deal by an affiliate of Standard General, the company announced Tuesday morning. New York hedge fund Standard General, one of Tegna’s largest shareholders, and New York-based private equity firm Apollo Global Management will b[...]
Northrop Grumman secures $252M Marine Corps contract
Falls Church-based Fortune 500 defense contractor Northrop Grumman Corp. landed a $252 million contract to produce and test a handheld precision ground targeting system for the U.S. Marine Corps, the Department of Defense announced Thursday. Under the hybrid, follow-on contract, Northrop Grumman will work on the Next Generation Targeting Handheld System, a lightweight, man-portable system […][...]
Fairfax telecom software provider acquires N.J. firm
Fairfax-based telecommunications tech provider Teoco announced Tuesday it had acquired New Jersey-based software company Software Synergy Inc. Financial terms of the transaction were not disclosed. “As we look to strengthen Teoco’s presence in the North American market, we are proud of our strategic acquisition of SSI to[...]
Manassas bio research supplier wins $5.5M in federal grants
Manassas-based biological materials management nonprofit American Type Culture Collection (ATCC) announced Tuesday that it won three Defense Threat Reduction Agency grants valued at more than $5.5 million to identify new therapeutic approaches to viruses. “ATCC is committed to supporting this global health initiative by pr[...]
GDIT secures $162M DISA Agency contract
Falls Church-based General Dynamics Information Technology Inc. (GDIT) announced Wednesday it had secured a potential $162 million contract with the Defense Information Systems Agency (DISA) to secure identity, access and account management for U.S Department of Defense applications. The Identity, Credential and Access Management (ICAM) Other Transaction Authority (OTA) Phase III production agreement has a […][...]
