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Airbus U.S. Space & Defense promotes COO to CEO
Robert Geckle has been promoted to be the CEO of Arlington-based aerospace and aviation contractor Airbus U.S. Space & Defense Inc., moving up from serving as the chief operating officer and head of operations and corporate functions, the company announced Thursday. Geckle has worked with Airbus across its major business lin[...]
U.S. Senate Federal Credit Union opens new Alexandria HQ
United States Senate Federal Credit Union (USSFCU) held a grand opening for its Braddock Station corporate headquarters and retail branch in Alexandria on Wednesday. USSFCU selected 1310 Braddock Place, previously home to the National Industries for the Blind, in 2018. The new Bowman Branch on the first floor replaces the credit[...]
CGI Building in Fairfax sells for $55.3M
The CGI Building in Fairfax sold for $55.3 million on Oct. 5. Located at 12601 Fair Lakes Circle, the 10-story office building is 259,511 square feet and occupies 8.36 acres. It is 88% leased to four tenants, primarily government contractors, and anchored by CGI Federal Inc., part of CGI Inc. The property was recently renovated [...]
Apartment buildings in Petersburg sell for $9.4M
The High Street Lofts in Petersburg sold for $9.4 million, Colliers | Virginia announced Wednesday. Located at 420, 422 and 526 High St., the lofts have an estimated 75,650 square feet of rentable space, and the 69 units are all occupied. Originally constructed as the Seward Luggage and Trunk Co.’s factory, the properties [...]
General Dynamics subsidiary wins $482M contract modification
A subsidiary of Reston-based Fortune 100 contractor General Dynamics Corp. won a $482 million modification for a previously awarded U.S. Navy contract, the Department of Defense announced Friday. Under the cost-plus-fixed-fee modification from Naval Sea Systems Command, Groton, Connecticut-based General Dynamics Electric Boat Corp. will continue to provide lead yard support, as well as development […][...]
Bowman Consulting Group acquires Denver engineering firm
Reston-based civil engineering company Bowman Consulting Group Ltd. has acquired Denver-based building services engineering firm PCD Engineering Inc., it announced Monday. Financial terms of the transaction were not disclosed, but the acquisition was financed with a combination of cash, seller financing and stock. Bowman expects the company to initially contribute about $2.5 million of annual […][...]
Commercial real estate lease roundup
Hampton Roads Central Virginia Northern Virginia Hampton Roads Crossfire Logistics Inc. leased 61,700 square feet of industrial space at 5601 City Line Road in Newport News. Clay Culbreth of Cushman & Wakefield | Thalhimer handled the lease negotiations on behalf of the landlord. LaserShip leased 46,100 square feet of industrial space at 5465 Greenwich […]
Developer breaks ground on 20-story apartment building in Arlington
Greystar broke ground Wednesday on The Commodore, a 20-story building with 423 apartments in Arlington. Located at 2025 15th St. N. in the Courthouse neighborhood, the building has an expected completion of fall 2023. The ground level will have almost 18,000 square feet of retail space, and the development will have varying apar[...]
Vienna tech company acquires Colorado software engineering company
Vienna-based cybersecurity and IT company Criterion Systems Inc. acquired Colorado-based government contractor SAGE Black Consulting and Contracting LLC, the company announced Sept. 28. Financial details of the transaction were not disclosed. SAGE Black provides software engineering services to the geospatial intelligence, space and cyber industries, with an artificial intelligence/machine learning ability. SAGE Black operates as [&hell[...]
Arlington contractor acquires Colorado tech company
Arlington-based aerospace and defense contractor Cobham Advanced Electronic Solutions (CAES) acquired radio frequency (RF) and high-performance computing solutions provider Colorado Engineering Inc. (CEI), the company announced last Friday. Financial details of the transaction were not disclosed. “With a shared customer-first culture and passion for solving the most challenging electronic breakthroughs needed in our industry, I [&hell[...]
Spacelink to add 41 jobs with Fairfax expansion
McLean-based satellite telecommunications company SpaceLink Corp. will create 41 jobs by expanding in Fairfax County, allowing it to develop a satellite communications system that will provide data relay services, Gov. Ralph Northam announced Thursday. “SpaceLink’s expansion in Fairfax County will strengthen the commonwealth’s position as a leader in the aerospace industry,” Northam said in a […][...]
Reston domain registry appoints chief tech officer
Rick Wilhelm assumed the role of chief technology officer for the Reston-based nonprofit Public Interest Registry on Monday. Founded in 2002 by the Internet Society, a Reston-based nonprofit internet advocacy organization, PIR operates the .org top-level internet domain, which is responsible for more than 10.5 million domain nam[...]
