Industries

Northern Virginia—For the Record

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AES Corp., an Arlington-based power company, and Riverstone Holdings LLC, a New York private equity firm focused on energy investment, will each provide $500 million over five years to develop solar power projects to provide utility-scale solar power for homes and businesses. (News release)

Capital One Financial Corp., a McLean-based financial services company, was selected as one of the Top 50 Companies for Diversity by DiversityInc Magazine, based on a comprehensive survey of corporate diversity management programs. (News release)

General Dynamics Information Technology of Fairfax received a $79 million contract over three years, including options, from the U.S. Army Reserve Command to provide IT support for its Enterprise Data Center, managing 55,000 users at 900 sites over the network operation. (News release)

The Center for Innovative Technology’s CIT GAP Funds invested $100,000 in Soft Tissue Regeneration LLC of Earlysville for its work on development of synthetic scaffolds to encourage tissue regeneration. (News release)

Northrop Grumman Corp.’s Herndon operation received a $100 million contract over 10 years, including options, from the Department of Defense to provide engineering, research, analysis and other technical services to support theoretical studies by the various armed services. (News release)

Orbital Sciences Corp., a Dulles-based provider of space systems services, will buy up to $50 million of common stock over 12 months. The plan replaces existing authority to buy back $50 million of stock, of which $45 million had been spent. Since 2004, the company has repurchased $153 million of stock, about 9.6 million shares. (News release)


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