Neustar announces leadership appointments
Sterling-based tech company welcomes five to executive team
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Sterling-based identity management tech company Neustar on Jan. 15 announced five new appointments to its executive team. The appointments include: Michael Schoen, senior vice president of marketing solutions Bob McKay, senior vice president of risk solutions Jimmy Garvert, senior vice president of communications solutions Hyune Hand, senior vice president of customer success J. Martin, chief
Herndon franchise software firm buys Canadian tech platform
FranConnect acquires FranchiseBlast
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Herndon-based franchise management software company FranConnect announced Tuesday it has acquired Quebec, Canada-based FranchiseBlast. Financial terms of the transaction were not disclosed. The FranConnect platform assists with sales, operations and marketing for more than 800 brands worldwide. FranchiseBlast is a developer of a software platform for the franchise industry which works to streamline scheduling, performing,
Chantilly-based VTG acquires Fairfax’s Intelligent Shift
Intelligent Shift develops technology for U.S. intelligence organizations
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Chantilly-based engineering firm VTG announced Jan. 13 it has acquired Fairfax-based tech company Intelligent Shift. Financial terms of the transaction were not disclosed. VTG provides services for naval, aerospace and digital projects, while Intelligent Shift develops technology for U.S. intelligence organizations. The transaction will strengthen VTG’s systems, software and digital engineering capabilities, according to a
Hilton to sell $1.5B in private debt offering
This marks the hotel chain's second major debt offering in two months
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While the hospitality industry continues to struggle amid the pandemic, McLean-based Hilton Worldwide Holdings Inc. announced Tuesday it will sell $1.5 billion in debt in a private offering to institutional buyers. This mark’s Hilton’s second major debt offering within the past couple of months. In November 2020, Hilton announced its $1.9 billion debt offering, from
Packaging manufacturer to launch $45M expansion in Pittsylvania County
Intertape Polymer Group Inc. plans to add 50 jobs over next four years
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During the next four years, Intertape Polymer Group Inc. (IPG) will expand its Pittsylvania County manufacturing operation, investing approximately $45 million and creating 50 jobs, Gov. Ralph Northam announced Tuesday. The packaging products and systems company will add 30,000 square feet to its facility at 1101 Eagle Springs Road and invest in production, operations and
The Hilb Group acquires Mich.-based agency
Henrico County insurance company buys Owen Moore Insurance Agency
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In its second acquisition announcement of the new year, Henrico County-based insurance company The Hilb Group LLC said Tuesday it has acquired Linwood, Michigan-based Owen Moore Insurance Agency, effective Dec. 31, 2020. Financial details of the acquisition were not disclosed. Founded in 1973, Owen Moore Insurance Agency (OMA) is a full-service property and casualty agency.
Navy awards HII $175M contact
Huntington Ingalls to repair elevator units on nuclear-powered aircraft carriers
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The U.S. Navy awarded Newport News-based Huntington Ingalls Industries (HII) a $174.9 million contract to maintain and repair elevator support units aboard the branch’s nuclear-powered aircraft carriers, the Department of Defense announced Friday. HII will perform work on units stationed across the United States and other deployed locations, according to the DOD. Work is expected
DroneUp names chief strategy officer
Carl Smit joins Virginia Beach-based drone solutions company
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Virginia Beach-based DroneUp LLC announced Tuesday it has hired Carl Smit as its chief strategy officer. In his new role, he will advise CEO Tom Walker and DroneUp’s senior leadership team to set the strategic direction of the company and focus on growing its retail drone delivery offerings. He will also oversee corporate development including
Constellis CEO resigns, replaced by lead director
Tim Reardon leaves Herndon company; Terry Ryan takes top spot
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Herndon-based federal contractor Constellis announced Tuesday that CEO Tim Reardon has resigned to “pursue other interests,” and the company’s lead director, Terry Ryan, will replace him, effective immediately. “It has truly been an honor to lead such a great company with so many exceptional people, and I am excited about Constellis’ future with Terry at
Va. Society of Association Executives appoints board member
Christina Lewellen joins board
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The Virginia Society of Association Executives announced Monday it has appointed Christina Lewellen to serve on its board of directors. VSAE was founded in 1949 and currently has more than 400 members who are association executives, association management companies, hospitality industry representatives and others from the association industry. Lewellen is the executive director of the