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Booz Allen wins $190M contract from Navy
McLean-based Booz Allen Hamilton has been awarded a five-year $190 million task order supporting communications, networking and computing systems for the U.S. Navy, the Department of Defense announced Tuesday. The Fortune 500 global management consulting company will receive $33.1 million up front for the first year of the contract at the Naval Information Warfare Center, […]
SAIC hires senior VP of artificial intelligence
Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) has hired Michael Scruggs as senior vice president of artificial intelligence, effective immediately. “In this newly created role, Scruggs will be responsible for driving organic growth through AI technology delivery and solutions development,” SAIC said in a statement. “He will broaden SAIC’s portfolio of AI […][...]
Reston-based ASRC Federal wins $457.5M Air Force contract
ASRC Federal Field Services LLC, which has part of its headquarters based in Reston, has been awarded a $457.5 million contract by the U.S. Air Force for base operation support, the Department of Defense announced Tuesday. The start date of the project at Vance Air Force Base in Oklahoma is April 1, and the one-year […]
MicroStrategy buys $1B+ in bitcoin
Tysons-based business software company MicroStrategy Inc. announced Wednesday that it has purchased $1.026 billion of additional bitcoin, its largest single bitcoin purchase since it began acquiring the cryptocurrency last August. With this latest transaction, MicroStrategy’s total bitcoin holdings are worth approximately [...]
Codan to acquire Herndon-based Domo Tactical Communications
Codan Ltd., an Australian manufacturer with its U.S. headquarters in Ashburn, has entered into an agreement to acquire 100% of the shares in Herndon-based Domo Tactical Communications from a private equity company. Subject to regulatory conditions typical of transactions of this nature, the acquisition is expected to be completed by April 30, Codan announced Tuesday. […]
Leidos to buy Arlington-based Gibbs & Cox for $380M
Reston-based Fortune 500 government contractor Leidos Holdings Inc. has agreed to acquire Arlington engineering and design firm Gibbs & Cox Inc. in a $380 million cash transaction as part of its efforts to expand into the maritime market and add engineering talent to its team. Leidos expects the deal to be completed in the second […]
CGI Inc. awarded $137M contract to overhaul Va. procurement system
Global IT company CGI Inc., which has its U.S. headquarters in Fairfax, announced Tuesday it has been awarded a $137.8 million contract by the Virginia Department of General Services (DGS) to support “transformational enhancements” to the state government’s eVA online procurement system. eVA provides a centralized, online purchasing hub for state and local agencies to […]
Parsons wins $600M USPS contract
Centreville-based Parsons Corp. has secured a potential seven-year, $600 million contract for nationwide program management services for the U.S. Postal Service. The contract is Parsons’ third consecutive award from USPS and extends a 17-year business relationship between the two entities. Previously, Parsons helped the agency install self-service kiosks, renovate parking structures and manage leased spaces […][...]
ManTech names VP of mission/enterprise IT
Herndon-based technology contractor ManTech announced Monday it has recruited Steven Oh as vice president of mission/enterprise IT for the company’s newly formed Innovation and Capabilities Office. An IT, information security and project management professional, Oh will lead the technical focus area responsible for advancing M[...]
Arlington-based Leonardo DRS considering IPO
The Italian federal defense contractor Leonardo, the parent company of Arlington-based Leonardo DRS, is considering holding an initial public offering (IPO) of the U.S. subsidiary. In a Feb. 19 statement the company said it “is evaluating the possibility of proceeding with the listing of Leonardo DRS,” but that a formal decision has not yet been […]
GMU establishes President’s Innovation Advisory Council
George Mason University President Gregory Washington on Monday announced he has formed an advisory roundtable of nearly 30 regional business executives and community leaders to focus on the university’s innovation initiative. The President’s Innovation Advisory Council will focus on issues such as GMU’s efforts to [...]
Arlington engineering firm merges with Ala.-based tech company
Arlington-based Millennium Engineering and Integration (MEI) announced last week it has merged with Huntsville, Alabama-based QuantiTech. Financial terms of the transaction were not disclosed, but the combined company will have more than 2,000 employees across more than 20 U.S. locations. MEI provides systems engineering and integration services for space, defense, cyber, intelligence and aviation customers. […][...]
