Sign In
Free Newsletter
Shield AI acquires Alexandria-based defense contractor
Alexandria-based defense contractor Heron Systems Inc. was acquired by San Diego-based technology company Shield AI, according to announcement Thursday from Shield AI. Financial details of the transaction were not disclosed. The companies will work on the deployment of artificial intelligent pilots for military aircraft. Shield [...]
CACI wins $1.4B DOD contract
Arlington-based Fortune 500 federal technology contractor CACI International Inc. was awarded a potential $1.4 billion task order by the U.S. Department of Defense to continue supporting the Defense Threat Reduction Agency’s Decisive Action Task. Under the single-award task order, CACI will provide analysis and technology to the DTRA to help counter and deter weapons of […]
Va. hotel revenues still lagging pre-pandemic levels
Virginia hotel revenues for June 2021 were down 22% compared with pre-pandemic levels in June 2019, according to newly released data from STR Inc., a CoStar Group division that provides market data on the U.S. hospitality industry. During the same period, rooms sold decreased by 14%. The average daily rate (ADR) paid for hotel rooms […]
Avantus Federal acquires Reston-based software company
Avantus Federal, a McLean-based IT defense contractor and NewSpring Holdings company, has acquired Reston-based software company Occam’s Razor Technologies LLC, it announced Thursday. Financial details of the transaction were not disclosed. Avantus CEO Andy Maner said in a statement, “For more than 10 years, Occam’s Razor [...]
ASGN buys Reston’s IndraSoft
Henrico County-based Fortune 1000 professional services company ASGN Inc. has acquired Reston-based software company IndraSoft Inc., it announced Friday. IndraSoft’s 220 consultants will join the Missions Solutions business unit at ECS, ASGN’s Fairfax-based federal contracting subsidiary. Acquired by ASGN in 2018, ECS delive[...]
Ashburn-based Telos Corp. names new CFO
Ashburn-based cybersecurity firm Telos Corp. has appointed Mark Bendza as executive vice president and chief financial officer, the company announced Monday. Bendza was previously the vice president of investor relations at software industrial company Honeywell International Inc. He holds a bachelor’s degree from Wesleyan Univ[...]
Northam appoints members to newly created cannabis boards
Virginia Gov. Ralph Northam has appointed members to three newly created oversight boards for the legalization of recreational marijuana, his office announced today. On July 1, Virginia’s adult-use cannabis legislation changes began going into effect. This year, the General Assembly legalized possession of up to one ounce in p[...]
Accenture Federal Services hires infrastructure cyber lead
Arlington-based Accenture Federal Services announced Wednesday that it has hired Rick Driggers as its critical infrastructure cyber lead, a role in which he will help develop cybersecurity solutions to protect critical infrastructure. Driggers, who has already started in his new role, was the assistant director for the Integrate[...]
Booz Allen Hamilton hires senior VP to lead AI practice for DOD
McLean-based Fortune 500 global management consulting company Booz Allen Hamilton Inc. has hired Matt Tarascio as a senior vice president in its Strategic Innovation Group, it announced Wednesday. Tarascio will lead the analytics and artificial intelligence business to support the Department of Defense. Tarascio was previously L[...]
Intrepid Solutions acquires defense contractor Darkblade Systems
Herndon-based intelligence contractor Intrepid Solutions and Services LLC has acquired Darkblade Systems Corp., a Winchester-based federal defense contractor, it announced Wednesday. Financial details of the transaction were not disclosed. Intrepid CEO Ryan Hebert said in a statement: “Welcoming Darkblade Systems into the Intr[...]
Arlington defense contractor wins $105M Army contract
Arlington-based defense contractor Leonardo DRS Inc., a subsidiary of Italian defense contractor Leonardo SpA, has won a $105 million U.S. Army mission command computing systems delivery order contract, it announced Wednesday. The military defense company will complete the delivery order for the Mounted Family of Computer System[...]
Biden will nominate SAIC senior VP as Army under secretary
President Joe Biden announced Tuesday his intent to nominate Gabe Camarillo, a senior vice president at Reston-based Fortune 500 federal contractor Science Applications International Corp., for under secretary of the U.S. Army. Camarillo is SAIC’s senior vice president of its army business unit and previously held other le[...]
