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Northern Virginia

Feb 19, 2021

SAIC names government affairs senior VP

Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) announced Thursday that John Bonsell will rejoin the company as its senior vice president government affairs, effective immediately. He succeeds Tom Eldridge, who will retire this spring. Bonsell worked with SAIC as a consultant from 2007 to 2012 and as a vice president within government […]

Feb 18, 2021

Fairfax company wins $175M Homeland Security contract

The U.S. Department of Homeland Security awarded Fairfax-based software company Salient CRGT Inc. a $175 million contract to provide IT service desk and field engineer support services for U.S. Citizenship and Immigration Services (USCIS), the company announced last week. Under the five-year contract, Salient CRGT will provide services for approximately 27,000 USCIS end users across […]

Photo courtesy U.Va. Health
Feb 18, 2021

U.Va. Health System to buy out Novant Health in NoVa partnership

The University of Virginia Health System has signed a letter of intent to buy out Novant Health U.Va. Health System, a Northern Virginia regional health system owned by the two institutions through a joint operating company that formed in 2016. Financial terms of the proposed acquisition have not been disclosed. Winston-Salem, N[...]

Feb 18, 2021

Herndon satellite company BlackSky to go public

Herndon- and Seattle-based global monitoring company BlackSky announced Thursday it will go public following its acquisition by Osprey Technology Acquisition Corp., a transaction that values the combined company at $1.1 billion. Under the transaction, the special purpose acquisition corporation will merge with the Herndon company. BlackSky’s shareholders will own 62% of common shares of the […][...]

Feb 18, 2021

Fairfax County’s Richmond Highway area ripe for development during next decade

Between the development of Amazon.com Inc.’s $2.5 billion East Coast HQ2 headquarters in Arlington and Virginia Tech’s $1 billion Innovation Campus in Alexandria, Northern Virginia is ripe for commercial and residential development during the next decade. According to a market assessment study presented to Fairfax County’s Economic Advisory Commission, the Richmond Highway corridor (a 10-mile […][...]

James Mehta
Feb 18, 2021

Reston firm names chief security officer

Reston-based professional services company Caliburn International LLC announced Thursday it has hired James Mehta as its chief security officer. With more than 27 years of experience as a commissioned officer and special agent, Mehta most recently served as the director of strategic programs and requirements for the Air Force Of[...]

Cynthia Barreda
Feb 18, 2021

Reston federal contractor names COO

Reston-based federal contractor Preferred Systems Solutions Inc. announced Thursday it has hired Cynthia Barreda as its chief operating officer.  Barreda most recently served as CEO of Herndon-based tech company NetCentrics Corp., where she had been since 2002. In her new role, she will work on strategy and vision for the compa[...]

Photo courtesy BAE Systems
Feb 18, 2021

BAE Systems wins $247M Space Force contract

Arlington-based defense contractor BAE Systems announced Wednesday it has received a $247 million U.S. Space Force contract to design and manufacture an advanced GPS receiver and semiconductor. Work on the contract will be performed for the Space Force’s Space and Missile Systems Center. The technology will provide positioning[...]

Feb 18, 2021

Tysons tech company buys Md.-based cybersecurity firm

Tysons-based tech company Applied Insight announced Wednesday it has acquired Hanover, Maryland-based cybersecurity firm Bridges Inc.  Financial terms of the transaction were not disclosed. Applied Insight is backed by private equity firm The Acacia Group and provides cloud, data and cyber services to federal government customers. Bridges also provides network security and analytics services using […][...]

Feb 17, 2021

MicroStrategy ups the ante on bitcoin investment

Tysons-based business software company MicroStrategy Inc. is going all in on its bitcoin strategy: The company announced Wednesday it would raise $900 million from a convertible senior notes offering set to close on Friday. On Tuesday, the company announced a $600 million offering, which it upped to $900 million on Wednesday. Proceeds from the offering […]

Darek Kawamoto. Photo courtesy HawkEye 360
Feb 17, 2021

Herndon contractor employee receives Intelligence and National Security Alliance award

Herndon-based satellite company HawkEye 360 Inc. announced Wednesday that Darek Kawamoto, its principal engineer for algorithms, has been honored with the Edwin H. Land Industry Award by the Intelligence and National Security Alliance (INSA). Of the six honorees receiving INSA Achievement Awards this year, Kawamoto is the only V[...]

ICBM test launch. Photo courtesy Air Force
Feb 17, 2021

Northrop Grumman passes early stage of $85B Air Force ICBM contract

Falls Church-based Fortune 500 defense contractor Northrop Grumman Corp. announced Tuesday it underwent the first major design review — a key baseline — for the Air Force’s $85 billion Ground-Based Strategic Deterrent (GBSD) contract. In September 2020, Northrop Grumman announced the Air Force had awarded it the first $13.[...]

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