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Spok reviewing options for potential sale of company
Arlington-based health care communications tech company Spok Holdings Inc. announced Friday that it is conducting a strategic review of its options, which may include selling the publicly traded company. California-based Acacia Research Corp. and its partner, New York-based Starboard Value LP, publicly expressed interest in acquiring Spok and have accumulated more than 5% of Spok’s […][...]
Vienna defense contractor wins $600M DISA contract
Vienna-based defense contractor Trace Systems Inc. won a contract worth up to $600 million from the Defense Information Systems Agency to support U.S. Air Forces Central Command (USAFCENT), the Department of Defense announced Friday. Under the single-award, indefinite-delivery, indefinite-quantity contract, Trace will acquire, integrate, install, operate and maintain communications systems to support USAFCENT-deployed mission requiremen[...]
Manassas direct mail company to cut ribbon on new headquarters
Prince William County and direct mail production company Planet Direct Mail will hold a ribbon-cutting ceremony Wednesday afternoon Planet Direct’s new headquarters in Manassas. The county announced the company’s expansion into its new 115,000-square-foot headquarters, located at 11050 Challenger Court in Innovation Park, on Aug. 25. The expansion retained 130 jobs and is estimated to […][...]
Amazon to open delivery station in Stafford
Amazon.com Inc. announced Friday it will open a 200,000-square-foot delivery station in Stafford County later this month, creating 100 full- and part-time associate jobs at the station, plus hundreds of driver jobs for Amazon’s Delivery Service Partners and Amazon Flex drivers, according to the company. The new facility wi[...]
Alexandria firm secures $164M Air Force contract
Alexandria-based national security contractor DCS Corp. has won a $164 million contract to support the U.S. Air Force Life Cycle Management Center’s Fighters and Advanced Aircraft Directorate (AFLCMC/WA) and Bombers Directorate (AFLCMC/WB). “DCS is proud to support the United States Air Force global power through this significant award,” said Larry Egbert, DCS executive vice president […][...]
GTT Communications to file for Chapter 11 bankruptcy
McLean-based telecommunications company GTT Communications Inc. is planning to file a prepackaged chapter 11 case after it closes the previously announced sale of its infrastructure division to Miami-based I Squared Capital, it announced Thursday. After the completion of the $2.15 billion sale, GTT and some subsidiaries will file their cases in the U.S. Bankruptcy Court […]
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[...]
