Sign In
Free Newsletter
Leidos subsidiary wins nearly $1B health care contract
A subsidiary company of Reston-based Fortune 500 government contractor Leidos Holdings Inc. won a U.S. Army contract potentially worth nearly $1 billion to provide commercial health services to all U.S. military reserve forces, Leidos announced this week. Leidos acquired QTC Management Inc., which is based in San Dimos, California, in 2016. The $999 million contract […]
Fredericksburg retail center sells for $8.5 million
Commonwealth Self Storage bought a 40,617-square-foot retail center in Fredericksburg for $8.525 million, Cushman & Wakefield | Thalhimer announced Thursday. Carter’s Crossing, located at 27 S. Gateway Drive, was sold by Boosalis Properties, represented by Thalhimer’s Capital Markets Group. Catharine Spangler handled the[...]
Amazon and Metro team up for $125M affordable housing plan
Amazon.com Inc. and Metro announced Wednesday a plan to build more than 1,000 affordable housing units near Metro stations in the Washington, D.C., area over the next five years, with the e-tail giant committing $125 million in below-market capital. The program is part of Amazon’s $2 billion Housing Equity Fund, which aims[...]
Calif. drone company moves headquarters to Arlington
AeroVironment Inc., a producer of drones and robotics systems, announced Tuesday it has relocated its corporate headquarters from Simi Valley, California, to Arlington. “The greater Washington, D.C., area is where many of our key customers are located, and expanding our presence in the region will further our access to decision makers, influencers and talent,” AeroVironment […]
Va. children’s hospitals get kudos in national rankings
Eight children’s hospitals in Virginia received recognition Tuesday in the U.S. News & World Report annual rankings of the top pediatric facilities in the nation, regions and states. First in the state and seventh in the mid-Atlantic region is the University of Virginia Children’s Hospital, which was ranked natio[...]
Reston-based Ellucian to be acquired by Blackstone and Vista Equity Partners
Investment firms Blackstone and Vista Equity Partners have reached an agreement to acquire Reston-based higher education software company Ellucian, according to an announcement from the companies released Monday. Financial terms of the deal were not disclosed. New York-based Blackstone and Texas-based Vista Equity are acquiring Ellucian from Texas-based TPG Capital and Los Angeles-based Leonard Green […][...]
McLean shopping center purchased for $32.1M
Federal Realty Investment Trust has purchased an 80% interest in Chesterbrook Shopping Center in McLean for $32.1 million, after managing the property for almost 20 years. The Bethesda, Maryland-based REIT made the acquisition on April 30, which it announced last week. The nearly 90,000-square-foot shopping center at 6244 Old Do[...]
NoVA CEO to be nominated for U.S. Navy secretary
Carlos Del Toro, president and CEO of Alexandria-based defense contractor SBG Technology Solutions, will be nominated to become secretary of the U.S. Navy, President Joe Biden announced Friday. If confirmed by the U.S. Senate, Del Toro will be the second Latino man to serve as head of the U.S. Department of the Navy, after Edwar[...]
Parsons to purchase BlackHorse Solutions for $203M
Centreville-based Parsons Corp. announced Thursday it has entered into a definitive agreement to acquire Herndon-headquartered BlackHorse Solutions Inc. for $203 million. The transaction is expected to close in July. BlackHorse, founded in 2018, works in the areas of cyber, digital operations, artificial intelligence, machine learning and full-spectrum operations, and Parsons plans to integrate the company […][...]
SAIC wins $126M Army task order
Reston-based Fortune 500 government contractor Science Applications International Corp. (SAIC) was awarded a $126 million, single-award task order to research and develop modeling and simulation enhancements for the U.S. Army Combat Capabilities Development Command Ground Vehicle Systems Center in Michigan, the company announced[...]
Sorry, Pittsburgh! StarKist Co. relocating HQ to Reston in 2022
StarKist Co. is moving its corporate and administrative headquarters from Pittsburgh to Fairfax County, Gov. Ralph Northam announced Thursday. The seafood and chicken company, a subsidiary of Dongwon Industries Co. Ltd., plans to occupy space in a Reston office building, creating 83 jobs by spring 2022. “Virginia is home to a [...]
Leidos lands $470M TSA contract
Reston-based Fortune 500 government contractor Leidos has landed a potential five-year, $470.7 million contract from the Department of Homeland Security, according to a contract award notice published June 3. The work is in support of checkpoint screening equipment deployment services for the Transportation Security Administration. The scope of the work is outlined by the request […]
