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BAE Systems Inc. lands $350M+ in defense contracts
Arlington-based defense company BAE Systems Inc. (a subsidiary of United Kingdom-based BAE Systems plc) announced Monday it has won a $211.6 million U.S. Navy contract and a $144 million U.S. Air Force contract. BAE Systems’ ship repair business in Jacksonville, Florida, will work on the U.S. Navy contract and update, repair and maintain two Arleigh […]
Danville voters: yes or no to a casino?
Danville Circuit Court Judge Joseph Milam on Friday issued an order that will officially place a local referendum on casino gaming on the Nov. 3 General Election ballot in Danville. Caesars Virginia, a subsidiary of Caesars Entertainment Corp., plans to construct and operate a $400 million casino at the former Dan River Mills industrial complex […]
Falwell agrees to immediate indefinite leave of absence from Liberty
UPDATE: Board of Trustees Chairman Jerry Prevo has been appointed acting president during Falwell’s absence. Liberty University President and Chancellor Jerry Falwell Jr. has agreed to immediately take an indefinite leave of absence from both leadership roles at the private Christian institution in Lynchburg, at the reque[...]
Perspecta wins $112M Homeland Security contract
The U.S. Department of Homeland Security awarded a contract worth up to $112 million to Perspecta Inc. to provide managed information technology services to the department’s data centers, the Chantilly-based federal contractor announced Thursday. “This award reinforces our standing as a premier provider of end-to-end next generation managed IT services,” Rocky Thurston, senior vice president […][...]
SAIC lands $40M TSA contract
The Transportation Security Administration (TSA) awarded a $40 million contract to Reston-based defense contractor Science Applications International Corp. (SAIC) to provide operational test and evaluation services, according to a System for Award Management (SAM) notice. Under the contract, SAIC will help the TSA plan, implement, analyze and report airport operations. Work on the contract will […][...]
Strategic Education Inc. to raise $191.5M through public stock offering
Herndon-based education company Strategic Education Inc. announced Thursday that it plans to raise $191.5 million through a public stock offering. The company, through Aug. 10, will offer for sale 1.9 million shares of its common stock at a public offering price of $105 per share. Strategic Education intends to use some of the proceeds to […]
Capital One fined $80M for 2019 data breach
Federal bank regulator the Office of the Comptroller of the Currency announced Thursday it has fined McLean-based Capital One Financial Corp $80 million for what it calls unsafe and unsound information technology practices tied to computing operations in its cloud environment. Capital One is the largest bank in Virginia, according to 2019 deposits. In 2019, […]
Ferrum College receives $100K gift
Ferrum College alumnus Michael Christian donated $100,000 to his alma mater, which will establish the Michael T. Christian ’63 Center for First-Year Experience at the school. The center — intended to connect incoming first-year students to professors, mentors and classmates — will be located in the college’s library and [...]
Herndon contractor wins $188M in federal contracts
Herndon-based national security contractor Peraton announced Wednesday it has been awarded a total of $188 million in new and extended U.S. federal contracts to support national security missions and warfighting domains. The individual award amounts and customers were not specified by Peraton, but the company typically works with the Intelligence Community, the Department of Defense, […]
McLean-based wireless provider announces new leadership
McLean-based wireless technology company Kajeet announced Wednesday it has hired Melissa Blanken as vice president of marketing and Bill Stribrny as vice president of sales. For 25 years, Blanken has worked in marketing and was most recently the chief marketing officer with McLean-based internet company ID.me. She has also previ[...]
GSA awards Reston tech company $11.8M contract
The General Services Administration (GSA) has awarded Reston-based government technology company Octo Consulting Group an $11.8 million contract to provide framework and architecture services for the GSA’s System for Award Management (SAM). Under the GSA’s CIO Modernization and Enterprise Transformation contract, Octo will provide Scaled Agile Framework (SAFe) and business and technical architecture for the […][...]
Richmond nonprofit wins $2.99M National Science Foundation grant
The National Science Foundation (NSF) has awarded Richmond-based nonprofit CodeVA a four-year, $2.99 million project award to develop a computer science program for teaching history to underserved communities in Virginia. This is CodeVA’s first federal grant award. CodeVA was awarded the Discovery Research PreK-12 (DRK-12) program grant for its proposal “Reaching Across the Hallway: An […][...]
