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Jun 4, 2020

Leidos lands contract worth $401M

Reston-based federal contractor Leidos announced Thursday it has won a contract worth $401 million, if all options are exercised, to provide information technology operations and maintenance support to the Defense Intelligence Agency (DIA). “This award is a true testament to our strong capabilities and proven performance working with the Department of Defense and Intelligence Community,” […][...]

Jun 4, 2020

Dominion commits $5M to social justice nonprofits, businesses

As protests over the killing of George Floyd by a police officer in Minneapolis have spread into a nationwide movement against systemic racism and injustice, the Dominion Energy Charitable Foundation announced Thursday that it will donate $5 million to nonprofits and minority-owned and small businesses within Dominion Energy Inc.’s 20-state footprint. Of the $5 million […]

Jun 4, 2020

Suburban businesses board up windows amid protest climate

As rumors — some false — circulated on social media that heated racial-justice protests like those seen in Richmond might turn to the suburbs, several businesses in suburban Henrico and Chesterfield counties boarded up store windows out of apparent concern for potential looting and vandalism that didn’t materialize. Fl[...]

Jun 3, 2020

PeakLogix to be acquired by Michigan company

Chesterfield County-based PeakLogix, a national material handling systems integrator, has entered into a definitive agreement to be acquired by Michigan-based Alta Equipment Group Inc. Terms of the acquisition were not disclosed. Located in Midlothian, PeakLogix specializes in the design and installation of warehouse automation and storage systems. The company generated approximately $25 million in revenue […][...]

8301 Arlington Blvd. Photo courtesy Avison Young
Jun 2, 2020

Fairfax medical office building sells for $4.6M

A medical office building in Fairfax County’s Merrifield area has sold for $4.6 million, Toronto, Canada-based commercial real estate company Avison Young Inc. announced Monday. The five-story, 53,430-square-foot building is 37% leased to several medical practices, says Avison Young Principal Jim Kornick, who led the sale [...]

J.E.B. Stuart monument in Richmond defaced with graffiti
May 31, 2020

Governor declares state of emergency over protests

Following nights of heated and violent nationwide protests in response to the police killing of George Floyd in Minneapolis, Gov. Ralph Northam has declared a state of emergency and activated the state National Guard to assist local law enforcement in quelling “escalating violence across the commonwealth.” “Thi[...]

May 22, 2020

McLean-based Cvent lays off, furloughs 10% of workforce

As the hospitality industry has taken one of the biggest COVID-19 hits of all, McLean-based event software company Cvent Inc. confirmed Friday it is laying off or furloughing 10% of its global workforce due to business impacts from the pandemic. “Meetings and events boost the global GDP by more than $1.5 trillion and impact nearly […]

Photo courtesy Loudoun County Department of Economic Development.
May 22, 2020

Loudoun County adds $5.7M to small business relief fund

The Loudoun County Board of Supervisors approved an additional $5.7 million in grant funding for a second and third round of its COVID-19 Business Interruption Fund, which supports small businesses affected by the pandemic. The funding was allocated from the $36.1 million in federal funding to Loudoun County from the Coronavirus[...]

May 22, 2020

Dinwiddie company wins $107M I-95 contract

Dinwiddie County-based road construction company Wagman Heavy Civil Inc. announced Friday it’s been awarded a $107 million contract for the Interstate 95 Northbound Rappahannock River Crossing project in Stafford County.  “We are excited to begin our work that will provide critical mobility and safety improvements on I-95 including the interchange at Route 17,” Greg Andricos, […]

May 21, 2020

Google wins seven-figure DoD contract

Google Cloud, a division of Google LLC, announced Thursday that it’s been awarded a seven-figure Department of Defense contract to provide multi-cloud management.  A specific contract award amount was not disclosed.  The contract will be completed for the DoD’s Innovation Unit (DIU), which works to scale commercial technology across the agency. Google Cloud will build […]

Rob Albritton. Photo courtesy Octo Consulting Group
May 19, 2020

Reston tech company names AI senior director

Reston-based government technology company Octo Consulting Group announced Tuesday that it has named Rob Albritton as the senior director of its AI Center for Excellence.  Albritton most recently worked as a machine learning engineer at McLean-based The Mitre Corp., a nonprofit that conducts research for government agencies. In[...]

May 19, 2020

Falls Church health IT company acquires Vienna tech firm

Falls Church-based health information technology company Cognosante LLC has acquired Vienna-based tech company Enterprise Information Services LLC (EIS).  Financial terms of the transaction were not disclosed. Cognosante plans to use the acquisition to expand its federal contracting market. “EIS’ proven success in enterprise services, biometrics and cybersecurity provides expanded capabilities to offer to our existing […][...]

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