Argon ST, a Fairfax-based defense contractor, laid off 34 employees. The move was made in anticipation of flat or declining budgets at the Defense Department. (Washington Business Journal)
BNA, an employee-owned provider of specialty news reporting and publications headquartered in Crystal City, agreed to be bought by Bloomberg LP. BNA is the country’s oldest employee-owned company. Bloomberg will buy out current and former employees at $39.50 a share, making the deal worth $990 million. (Washington Business Journal)
CACI International Inc., an Arlington defense contractor, received one of 15 prime contracts on a five-year project from the Department of Veterans Affairs worth up to $12 billion. The work will focus on an advanced technology program allowing veterans worldwide access to claims processing and expedited service. (Business Wire)
Decision Sciences International Corp., producer of a nuclear detection system for airports, seaports and other sensitive infrastructure locations, will move from Poway, Calif., to Northern Virginia. Stan Sloane, formerly CEO of SRA International, was named CEO. (Washington Business Journal)
Hardwood Artisans, a custom furniture manufacturer, moved its operations from Woodbridge to Culpeper County, taking 20 jobs. The company needed room to grow but the Woodbridge market proved too expensive for expansion. (Free Lance-Star)
Inova Loudoun has eliminated 117 hospital management positions in a restructuring process. Of those 117 job cuts, 84 were achieved through attrition, according to Tony Raker, manager of public relations and crisis communications. (Loudoun Times-Mirror)
Mars Inc., a McLean-based candy manufacturer, broke ground on its first new plant in 35 years in Topeka, Kan. When completed in 2013, the $250 million plant will produce Snickers candy bars and will create 200 jobs. Mars is already making plans for expansion. (Washington Business Journal)
MCG Capital Group, an investor in small and medium-size private companies, laid off 22 workers and eliminated another five open positions, a total of 42 percent of its work force. The move was made as part of a restructuring to cut costs. (Washington Business Journal)
Network Solutions, a web domain registrar based in Herndon, was bought by Web.com, of Jacksonville, Fla., in a cash and stock deal worth $560 million. Last year Web.com bought Register.com, a competitor of Network Solutions, for $135 million. (Washington Business Journal)
WashingtonFirst Bank, of Reston, received $17.4 million from the Treasury Department’s Small Business Lending Fund. The money will be used to pay off the $13.5 million it received through the Troubled Asset Relief Program in 2009. (Washington Business Journal)
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