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Navy awards $87M contract to Herndon company
The U.S. Navy awarded an $87 million contract to Herndon-based defense contractor ManTech International Corp. to provide information technology research, development and engineering for the Naval Sea Systems Command, the company announced Thursday. ManTech was awarded the contract through the U.S. Department of Defense Information Analysis Center’s Multiple Award Contract, which are awarded by the […][...]
GSA awards Fredericksburg company $66M contract
The U.S. General Services Administration (GSA) awarded a $66 million contract to Fredericksburg-based information technology company IST Research LLC to perform large-scale data collection. The funding comes from the GSA’s Phase III SBIR (Small Business Innovative Research) contract and will run through June 2025. IST Research will support information collection operations for the federal government. […][...]
Redskins to be called ‘Washington Football Team’ this season
The Ashburn-based National Football League team formerly known as the Washington Redskins will call itself the Washington Football Team this upcoming season until it formally adopts a new permanent name, the team announced Thursday. “The decision to use ‘Washington Football Team’ for this season allows the franchise th[...]
Alexandria telecom firm buys New York company
Alexandria-based telecommunications company InSite Wireless Group LLC announced Wednesday it has acquired Great Neck, New York-based Repeater Communications Group LLC, an operator of leased rooftop telecommunications sites in the New York City area. A transaction amount was not disclosed. InSite Wireless is a privately owned company that manufactures tower and wireless infrastructure. With the acquisition, […][...]
Alexandria software company acquired by Massachusetts firm
Burlington, Massachusetts-based software company HealthEdge Software Inc. announced Wednesday it has acquired Alexandria-based software company The Burgess Group LLC. A transaction amount was not disclosed. The acquisition follows a majority stake investment in HealthEdge by funds managed by Blackstone Growth. “The acquisition of Burgess is a great strategic fit for HealthEdge to enter the large, […][...]
Va. hotel revenues decline while U.S. has worst quarter on record
Hotel revenues remained low but steady in Virginia last week, compared with the same week last year, according to new data from STR Inc., a division of CoStar Group providing market data on the U.S. hospitality industry, which STR reported just marked its worst quarter yet. “Due to the COVID-19 pandemic, the U.S. hotel industry reported […]
FSA Federal hires VP of finance, accounting
Ashburn-based government services company FSA Federal announced Wednesday that Chandler Terry has joined the company as vice president of finance and accounting. In his new role, he will oversee all finance functions of the company, including capital resources, forecasting, treasury, financial services, accounting, payroll, au[...]
The Hilb Group makes 10th acquisition within past year
In its second acquisition announcement of the week, Henrico County-based insurance company The Hilb Group LLC (THG) on Wednesday announced it has acquired Michigan-based CIA Financial Group Inc. The transaction was effective July 1. A transaction amount was not disclosed. Since 2015, THG has acquired more than 60 companies. The [...]
Fairfax company wins $17M contract to help with Census
The U.S. Census Bureau (USCB) has awarded Fairfax-based business and technology consulting company Customer Value Partners Inc. (CVP) a $17 million contract to help with data collection and analysis for the 2020 Census, the company announced Wednesday. “The U.S. Census Bureau gathers critical information to help our country run more efficiently,” CVP Founder and CEO […]
MainStreet Bancshares names business banking division head
Fairfax-based MainStreet Bancshares Inc. (parent company of MainStreet Bank) announced Wednesday that Thomas Cary has been promoted to lead MainStreet Bank’s business banking division. Cary has been with MainStreet Bank as a business banker for 10 years. While earning his bachelor’s degree in finance from George Maso[...]
Manassas electronics manufacturer buys N.Y. company
Manassas-based radio frequency (RF) and microwave product manufacturer Mu-Del Electronics LLC (an Ironwave Technologies company) announced Tuesday it has acquired Floral Park, New York-based RF product manufacturing company Luff Research. A transaction amount was not disclosed. “With this acquisition, Mu-Del will be able to enhance Luff’s manufacturing quality and volume, thus offering superior products to […][...]
Ariz. company acquires Oakton risk management firm
Oakton-based risk management firm TalaTek LLC announced Tuesday it has been acquired by Arizona-based cybersecurity company Cerberus Cyber Sentinel. A transaction amount was not disclosed. Talatek will remain based in Northern Virginia. Founded in 2006, Talatek provides risk management, security and compliance services that help companies to meet Health Insurance Portability and Accountability Act (HIPPA), […][...]
