Industries

For the Record - Northern Virginia

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AES Corp., an Arlington-based energy company, made deals to sell its interests in Oman and Pakistan businesses for $200 million. The move is part of an effort to unlock the value of the company’s portfolio. The company sold its interest in a 456 MW gas facility and desalination plant in Oman and two oil-fired power facilities generating a combined 727 MW in Pakistan. (News release)

Capital One Financial Corp., a McLean-based provider of credit cards and other financial services, settled litigation with the law firm Berger & Montague by agreeing to drop language in its credit card contracts that customer disputes be handled through binding arbitration rather than the courts. Several major card issuers have taken similar action. Consumer rights groups have complained that the arbitration process is biased in favor of banks. (The Associated Press)

Engineering Services Network of Arlington received a $47 million contract for information technology support services for the 75th Air Base Wing at Hill Air Force Base in Utah. Hill AFB provides worldwide engineering and logistics management for many types of Air Force fighter jets, transports and missile systems. (News release)

Northrop Grumman Corp., a Los Angeles-based defense contractor, plans to move its headquarters to the Washington, D.C., area before 2011. The company said it is considering sites in Virginia, Maryland and D.C. Northrop Grumman is a major Virginia employer and holds the contract for the state’s problem-plagued IT system. (Richmond Times-Dispatch)

General Dynamics Information Technology of Fairfax received a five-year, $18.6 million contract for engineering and technical support services for machinery systems at the Naval Surface Warfare Center in Philadelphia. The company will provide software development and data collection services and run quality assurance processes. (PRNewswire)

Lansdowne Resort, a full-service resort in Lansdowne, earned the EcoCEO Award from SmartCEO magazine for its implementation of green projects to save energy. The resort works to ensure incoming products are both ecological and cost-effective, as well as emphasize a green approach to recycling, waste reduction and water efficiency. (News release)

Potomac Hospital in Woodbridge joined the Sentara Healthcare network after receiving approval from the Federal Trade Commission and Virginia’s attorney general. Norfolk-based Sentara will invest $92 million in a health-care foundation to address unmet and underserved health needs in the Prince William area. (News release)

Stanley Inc., an Arlington-based systems integrator, received a five-year, $55 million contract, including options, from the Army to provide financial management support services to the Central Command. (PRNewswire)

Virginia Systems Inc. of Manassas sold its Web services group, IPG, to MDA Technologies Group LLC, a Woodbridge information technology firm. The sale allows VSI to focus on its IT services and provide an avenue for greater options to its Web services clients in the areas of site design and marketing. (News release)


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