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FTC fines Capital One CEO for failing to file stock transaction
The Federal Trade Commission fined McLean-based Capital One Financial Corp. CEO Richard Fairbank a $637,950 civil penalty for violating antitrust laws in finalizing stock acquisitions, the FTC announced Thursday. The settlement must be approved by the U.S. District Court for the District of Columbia. The FTC alleged that Fairban[...]
Amazon has hired 3,000+ HQ2 workers so far
So far, Amazon.com Inc. has hired more than 3,000 of the 25,000 employees it plans to recruit by 2030 for its multibillion-dollar HQ2 East Coast headquarters in Arlington, the global online retailer announced Wednesday. In 2019, the Virginia General Assembly passed an incentive package that would pay Amazon up to $550 million in[...]
Noblis subsidiary wins $72M Navy contract
Reston-based Noblis subsidiary Noblis MSD (mission solutions for defense) won a potential $72 million contract from the Naval Surface Warfare Center Philadelphia Division. Under the five-year indefinite delivery, indefinite quantity multi-award contract, Philadelphia-based Noblis MSD, previously McKean Defense Group LLC, will wo[...]
Tigercomm to acquire Florida clean energy PR firm
Vienna-based Tigercomm, a clean energy-focused public relations firm, is acquiring Tampa, Florida-based Chase Media Services LLC, in a deal that is expected to be completed by Nov. 1. Mike Casey, the Tigercomm founder and president, said the acquisition will help Tigercomm meet growing demand from clean economy sectors. “This acquisition is a strong fit with […]
Tech Innovation Campus sets groundbreaking for Sept. 14
Virginia Tech is set to break ground Sept. 14 on the first building for its $1 billion Innovation Campus in Alexandria. National Geographic Society Chairman Jean Case, wife of American Online co-founder Steve Case, will be the keynote speaker at the groundbreaking ceremony. A graduate school for computer science and computer eng[...]
Inova Loudoun Hospital names permanent chief
Inova Health System announced that Susan Carroll will be its permanent president of Inova Loudoun Hospital, effective Monday. Carroll has been serving in the interim role since July, while also serving as the president of Inova Fair Oaks Hospital. Carroll will work to establish areas of clinical growth and participate in the rec[...]
Alexandria apartment building sells for $6.25M
A 32-unit apartment building in Alexandria sold for $6.25 million, Marcus & Millichap announced Thursday. Located at 2314 through 2330 Glendale Terrace, the three-story Glendale Terrace Apartments building was initially built in 1963. The property is 26,880 square feet. Huntington Station LLC sold the property to Sheire Tonk[...]
BAE Systems appoints Gina Haspel, Air Force Gen. Stephen W. Wilson to board
Former CIA director Gina Haspel and retired U.S. Air Force Gen. Stephen W. Wilson have been appointed to Arlington-based defense contractor BAE Systems Inc.’s board of directors, the company announced Friday. Their terms will run through April 2024. “We are extremely fortunate to have Stephen and Gina join our board,” Mich[...]
M.C. Dean wins $158M contract from U.S. Army Corps of Engineers
Tysons-based electrical engineering firm M.C. Dean Inc. won a $158.77 million contract from the U.S. Army Corps of Engineers to upgrade a controls system at Buckley Air Force Base in Colorado, the Department of Defense announced Friday. Under the fixed-price contract, M.C. Dean will upgrade and refurbish the power-generation plant and supervisory control and data […]
Peraton company wins $2B Defense Health Agency contract
Chantilly-based federal IT contractor Perspecta Enterprise Solutions LLC won a blanket purchase agreement (BPA) with a ceiling of $2 billion from the Defense Health Agency on Friday. Perspecta, which Herndon-based national security contractor Peraton Inc. acquired in May, will coordinate, integrate and manage the Defense Health Agency’s IT update and standardization for the Military Health […][...]
Arlington Capital Partners acquires McLean program management company
Maryland-based private equity firm Arlington Capital Partners has signed a definitive agreement to acquire McLean-based program management company MCR LLC, it announced Tuesday. Financial details of the transaction were not disclosed. MCR’s senior management team has invested alongside Arlington Capital, according to a news release. “MCR has established itself as a preeminent provider of differentiated […][...]
CVP acquires D.C. healthcare consulting company
Fairfax-based Customer Value Partners Inc. (CVP), a business and technology consulting company, acquired federal health contractor Atlas Research LLC, it announced Tuesday. Financial details of the transactions were not disclosed. “Atlas’ experience as the trusted transformation partner of clients across the Veteran Affairs and Health and Human Services provide the advisory and consulting capabilities to […][...]
