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Avantus Federal names new board member
Avantus Federal, a McLean-based IT defense contractor, announced Tuesday it has appointed former Engility CEO Lynn Dugle to its board of directors. Dugle was chairman and CEO of Chantilly-based Engility before its 2019 acquisition by Reston-based Science Applications International Corp. During her career, she also served in se[...]
KeyBank parent company to buy McLean data firm
Cleveland, Ohio-based financial services company KeyCorp announced Tuesday it will acquire McLean-based AQN Strategies LLC, a data and analytics firm focused on financial services established by Ben Sabloff and Nigel Morris, co-founder of Capital One and fintech venture capital firm QED Investors. Financial terms of the transaction were not disclosed. Sabloff will serve as KeyCorp’s […]
Herndon tech company buys Vienna-based IT defense biz from AT&T
Herndon-based systems integrator Tyto Athene announced Wednesday it will acquire AT&T’s Vienna-based Department of Defense-focused IT professional services business, also known as Government Solutions Inc. Financial terms of the transaction were not disclosed. Making up a small slice of AT&T’s federal business, the division acquired by Tyto provides IT professional services to DOD customers. The […][...]
Prince William company to expand manufacturing of COVID-19 test products
Prince William County-based Ceres Nanosciences Inc. will increase manufacturing of its reagent product used in COVID-19 tests, Gov. Ralph Northam announced Wednesday. The project will create 50 jobs in engineering, advanced manufacturing and materials science during the next three years. “This expansion will enable Ceres Nanosciences to vastly increase production of its patented technology to […][...]
Dominion joins initiative to create electric vehicle charging network
Dominion Energy Inc. and five other major utilities announced a plan Tuesday to create a network of charging stations for electric vehicles across major highway systems stretching from Washington, D.C., to Chicago to West Texas and the Florida Heartland. The newly announced Electric Highway Coalition — made up of American Elec[...]
Atlantic Diving Supply awarded $100M federal contract
Virginia Beach-based equipment vendor Atlantic Diving Supply (ADS) been awarded a five-year, $100 million contract from the Defense Logistics Agency (DLA) to deliver patient monitoring technology, associated accessories and training support to military and federal civilian customers. DLA selected ADS from 54 bids the agency received for the firm-fixed-price, indefinite-delivery/indefinite-quantity contract, the U.S. Department of [&hell[...]
Kansas engineering firm acquires Va. Beach geotech company
On Tuesday, Kansas-based consulting engineering firm Terracon Consultants Inc. announced that it had purchased GET Solutions Inc. for an undisclosed amount. GET is a geotechnical, environmental and materials testing firm serving public- and private-sector clients throughout the mid-Atlantic. In addition to its Virginia Beach headquarters, GET has another Virginia office in Williamsburg and North Carolina […][...]
Alexandria-based VSE Corp. buys biz unit from N.C. company
Alexandria distribution and maintenance provider VSE Corp. has purchased North Carolina-based HAECO Americas’ special services business, which provides maintenance, repair and overhaul support for government and military aircraft platforms The financial terms of the deal were not disclosed. HAECO Special Services helps maintain the U.S. Air Force’s KC-10 aircraft as a subcontractor under a U.S. […][...]
U.Va. Community Credit Union names chief lending officer
The University of Virginia Community Credit Union announced Monday it has hired Joe Raichel as its first chief lending officer. With more than 23 years of experience in the financial services industry, Raichel most recently served as a senior vice president with Wells Fargo. He will report directly to U.Va. Credit Union Presid[...]
ManTech names chief growth officer
Herndon-based technology contractor ManTech International Corp. announced Monday that it has recruited Joseph Cubba, formerly senior partner and vice president for defense and intelligence at IBM Corp., as its chief growth officer. Cubba will report directly to Matt Tait, ManTech’s chief operating officer, and will be responsi[...]
San Francisco space data firm to merge with Reston SPAC to go public
San Francisco-based space-based data and analytics firm Spire Global Inc. announced Monday it will merge with Reston-based special purpose acquisition company NavSight Holdings Inc. to become a public company. Financial terms of the transaction were not disclosed, but it values the combined company at $1.6 billion and is expected to produce $475 million in gross […]
Tysons analytics firm Qomplx plans to go public
Tysons-based risk analytics firm Qomplx Inc. announced Monday its plan to go public through a merger agreement with Tailwind Acquisition Corp., a special purpose acquisition company backed by Philip Krim, co-founder and CEO of online mattress retailer Casper Sleep Inc. The deal values Qomplx, which will be listed on the New York Stock Exchange under […]
