Peraton lands $850M Pentagon contract
Tech contractor to provide data analytics platforms, management solutions
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Herndon-based technology contractor Peraton will provide the Department of Defense with agile analytic platforms and data management solutions under a five year, $850 million contract, the company announced Wednesday. “Peraton is proud to continue our longstanding relationship with the DoD supporting the modernization of its data management capabilities,” Tom Afferton, president of Peraton’s cyber mission
Rolls Royce wins $854M Navy contract
Work includes engine repair in support of Marine Corps and Kuwaiti government
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Reston-based Rolls-Royce North America has received an $854.3 million contract from the Navy for engine repairs on C/KC-130 Hercules aircraft. The Pentagon announced the award Monday, naming Indianapolis-based Rolls-Royce Corp. as the recipient. Rolls Royce Corp. falls under the British aerospace and defense company’s North American operations. Work involves depot level repairs to AE2100 D3
MicroStrategy CEO Michael Saylor to step down, become exec chair
Move comes as company reports $1.9B bitcoin loss
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Amid mounting losses from its multibillion-dollar bitcoin investments, MicroStrategy Inc. CEO and founder Michael Saylor is stepping down from his current role and will take on the position of executive chairman, the Tysons-based technology company announced Tuesday. The move is effective Aug. 8. MicroStrategy President Phong Le will also become the company’s new CEO, as
Greater Washington Partnership taps new CEO
Kathy Hollinger joins from restaurant industry group
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The Greater Washington Partnership has named Kathy Hollinger as its new CEO, the economic development organization announced Tuesday. Hollinger is the president and CEO of the Restaurant Association of Metropolitan Washington, which she has led since 2012. She begins at GWP Oct. 3, according to a news release. “This region is near and dear to
Leidos buys Aussie special missions biz
Acquisition from Cobham Ltd. adds to Leidos' Australian portfolio
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Reston-based Fortune 500 federal contractor Leidos Holdings Inc. has entered into an agreement with British technology aerospace manufacturer Cobham Ltd. to purchase the special missions business from its Australia-based Cobham Aviation Services subsidiary, according to a news release. Financial details of the deal, which will add airborne surveillance and search and rescue missions to Leidos’
HII receives $826M defense contract
Work includes technology services, analytics support
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Newport News-based Huntington Ingalls Industries will provide technology and other support to the Department of Defense under a $826 million contract. According to a news release, HII’s McLean-based mission technologies division will also provide threat analysis and analytics support as well as operations integration and operational effects support. The work will support Defense Department service
Northrop Grumman receives $3.3B missile defense contract
Program defends U.S. against ballistic missile attacks
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Falls Church-based Northrop Grumman Corp. has received a contract worth nearly $3.3 billion from the Missile Defense Agency to help defend the homeland from ballistic missile threats. The Fortune 500 aerospace and defense contractor will design, develop and sustain new capabilities for the next Ground-based Midcourse Defense Weapons Systems program, according to a news release.
Independent colleges council president to retire
Robert B. Lambeth has headed council since 1983
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The longtime leader of the Council of Independent Colleges in Virginia has announced his plans to retire. Robert B. Lambeth Jr. has served as president of the organization, which represents 27 accredited nonprofit private colleges and universities, since 1983. During that time, he’s worked with more than 100 presidents from higher educational institutions and led
Acuity International receives $127M Air Force contract
Reston contractor will support Iraq's F-16 program
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Reston-based Acuity International LLC has received a $127 million Air Force contract to provide base operational and security support for Iraq’s F-16 program, the Department of Defense announced Friday. Under the contract, work will be performed at Iraq’s Martyr Brigadier General Ali Flaih Air Base and is expected to be completed by Jan. 30, 2023.
Lumos plans Hampton Roads fiber internet expansion
$83M investment to serve 85,000 residents, businesses
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Lumos announced last week an $83 million ultra-high-speed fiber internet expansion that is expected to extend 100-gigabyte capacity over 760 miles in Hampton Roads, affecting as many as 85,000 residents and businesses across Virginia Beach, Chesapeake and Portsmouth by 2025. According to a news release, construction is expected to begin in 2023 and take two