Sign In
Free Newsletter
Four Va. localities earn Main Street designation
Gov. Ralph Northam announced Wednesday that the towns of Cape Charles, Onancock, Tappahannock and Tazewell have joined the Virginia Main Street Program, which, through the Department of Housing and Community Development (DHCD), provides services to strengthen downtown communities. Designated towns must participate in an application process to receive services including market analysis, marketplace development, capacity […][...]
Trustar Bank names senior adviser
Great Falls-based Trustar Bank announced Tuesday it has hired Samuel A. Schreiber as senior adviser. Schreiber was most recently president of Chain Bridge Bank, but spent 25 years of his career with Wachovia as well as Wells Fargo after their 2008 merger. He was Washington, D.C., president and mid-Atlantic regional president wit[...]
Booz Allen Foundation doles out $1M to 21 COVID-related projects
McLean-based global management consulting company Booz Allen Hamilton Inc. announced Thursday that its foundation has awarded $1 million through the Innovation Fund it launched in May that was open to nonprofits, small businesses and individuals who had ideas for projects that could help solve COVID-19-related social problems. The 21 winners received between $10,000 and $100,000 […]
Northrop Grumman lands $298M Space Force contract
The U.S. Space Force (USSF) awarded Falls Church-based Fortune 500 defense contractor Northrop Grumman Corp. a $298 million contract to help the agency develop hardware and software for a new military satellite communications system, the Department of Defense announced Wednesday. Under the contract, Northrop Grumman will build a payload to support the Space and Missile […]
A reason to smile
Kathy Magee, co-founder and president of Operation Smile, will be featured on Lay’s potato chip bags as part of Frito-Lay’s Smile with Lay’s national campaign, the Virginia Beach-based nonprofit announced Wednesday. The snack food giant’s revived campaign features 30 smiles of “ordinary people”[...]
HUD awards Fairfax firm $42M contract
The U.S. Department of Housing and Urban Development awarded Fairfax-based tech contractor Pyramid Systems a two-year, $42 million contract to migrate loan processing system applications to cloud computing infrastructure designed for government use, the company announced Wednesday. Pyramid Systems will use Salesforce to restructure existing software code for the Federal Housing Administration’s (FHA) legacy information […][...]
Tysons software company converts $425M cash holdings to bitcoin
The CEO of Tysons-based business software company MicroStrategy Inc., Michael Saylor announced Tuesday that the company has now purchased $425 million worth of bitcoin. In August, the company had announced that it had converted $250 million from its cash holdings into more than 21,000 bitcoins, making it one of the first public companies to use […]
Tysons contactless delivery tech company buys Ind.-based firm
Tysons-based startup HomeValet, which develops technology for contactless deliveries, announced Wednesday it has acquired Evansville, Indiana-based Evolve Engineering LLC, which focuses on appliance engineering. Terms of the transaction were not disclosed. “Envolve Engineering’s team has had a hand in developing home appliance products for some of the largest refrigeration brands in the industry,” Jack Simms, […][...]
Perspecta lands $98.4M Education Dept. contract
The U.S. Department of Education awarded Chantilly-based federal contractor Perspecta Inc. a three-year, $98.4 million contract to help the agency manage inquiries about federal scholarships and other forms of academic financial assistance though an omni-channel contact center. Perspecta will support the Office of Federal Student Aid (FSA) by operating the Federal Student Aid Information Center […][...]
Arlington contractor wins $450M DHS purchase agreement
The Department of Homeland Security (DHS) awarded Arlington-based federal technology contractor CACI International Inc. a one-time, $450 million blanket purchase agreement to provide desktop support services to the agency’s headquarters, the company announced Tuesday. Under the contract, CACI will provide enterprise technology to sustain and administer IT systems, which, according to the company, will increase […][...]
Smithfield Foods to contest OSHA citation
Smithfield Foods Inc. intends to contest a citation from the U.S. Labor Department stating that Smithfield failed to protect workers during an April outbreak at its Sioux Falls, South Dakota, plant, where approximately 1,300 workers contracted COVID-19 and four employees died. The Labor Department’s Occupational Safety and Health Administration (OSHA) proposed fining the world’s largest […][...]
Academy launched to help 20 NoVa tech firms pivot for COVID-19
McLean-based Amplifier Advisors and a group of university, government, corporate and community partners on Tuesday announced the launch of the Tandem Product Academy, which will assist a cohort of 20 Northern Virginia tech companies to pivot their business models to respond to the COVID-19 economy. The four-month program, set to start on Oct. 21, is […]
