Leidos completes $215M acquisition of 1901 Group
Transaction first announced Dec. 10, 2020
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Reston-based Fortune 500 government contractor Leidos Holdings Inc. announced Thursday it has completed its $215 million cash acquisition of Reston-based information technology services company 1901 Group. The transaction was first announced on Dec. 10, 2020. “The addition of 1901 Group allows us to work together and leverage their impressive capabilities across the enterprise,” Leidos Chairman
Estes subsidiary announces new warehousing company
EFW Warehousing to serve as network
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Richmond-based freight forwarding company Estes Forwarding Worldwide (EFW) announced Thursday the establishment of EFW Warehousing LLC as a result of its acquisition of Lewis Logistics, a warehousing, distribution and logistics company. EFW is a wholly-owned subsidiary of Estes Express Lines and provides domestic and international freight forwarding and logistics services. EFW Warehousing will be a
Va. sees highest number of initial jobless claims since July 2020
More than 28K Virginians filed new claims last week
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Last week, more than 28,000 Virginians filed initial unemployment claims — a 44.5% jump from the previous week. This is the greatest number of initial claims reported since July 2020. During the week ending Jan. 9, 28,227 Virginians filed initial claims, which was an increase of 8,697 from the previous week. This could in part
Two Va. contractors win spots on $150M Navy BPA
Leonardo DRS, BAE Systems to manufacture electronic equipment cabinets
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Arlington-based Leonardo DRS’ Laurel Technologies business and Data Link Solutions, a joint venture between Falls Church-based BAE Systems Inc. and Charlotte, North Carolina-based Collins Aerospace, earned spots on a $150 million Navy blanket purchase agreement. The companies will each manufacture up to 150 electronic equipment cabinets for the Navy and provide logistics, test and program
Prince George County contractor lands $807M GSA task order
NCI Information Systems to work on IT strategy
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The General Services Administration awarded Prince George County-based tech contractor NCI Information Systems Inc. an $807 million task order to work on the administration’s IT strategy, the company announced Thursday. This marks NCI’s largest award in its 31-year history. Under the task order awarded by the GSA’s Federal Systems Integration and Management Center (FEDSIM), NCI
Ellucian names chief people officer
Greg Giangrande joins Reston higher ed software company
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Reston-based higher education software company Ellucian announced Wednesday it has named Greg Giangrande as its chief people officer. Giangrande most recently served as a senior adviser at McKinsey & Co., where he worked with clients on enterprise transformation, employee experience, human resources, organizational health and culture, leadership development, diversity and inclusion and communications strategies. “Ellucian
CareerGig buys Charlottesville SaaS company
Arlington-based company buys Moonlighting
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Arlington-based CareerGig announced Wednesday it has acquired Charlottesville-based software-as-a-service (SaaS) platform Moonlighting. Financial terms of the acquisition were not disclosed. CareerGig is also an SaaS platform that matches freelance and contract workers with employers and offers an insurance marketplace for health, life and disability insurance. Users also have access to education and training opportunities, financial
Virginia Space CEO, executive director to retire fall 2021
Dale Nash leaving after 8 years at the helm
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The Virginia Commercial Space Flight Authority (VCSFA) announced Tuesday that Dale K. Nash, Virginia Space’s CEO and executive director, will retire as early as fall 2021. Nash has led the organization since August 2012. His successor has yet to be named. “Dale has overseen the effective operation and incredible expansion of our launch facilities and
The Hilb Group acquires N.C.-based insurance agency
Henrico County insurance company has made 100+ acquisitions
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Henrico County-based insurance company The Hilb Group LLC announced Tuesday it has acquired Maiden, North Carolina-based insurance agency Dwayne Wilson Insurance & Financial Services Inc., effective Dec. 31. Financial details of the acquisition were not disclosed. Founded in 1985, DWI is a full-service life and health agency. It provides insurance products to employer groups and
Va., Md., Del. electric cooperatives association names president, CEO
Brian S. Mosier promoted
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The board of directors of the Glen Allen-based Virginia, Maryland & Delaware Association of Electric Cooperatives (VMDAEC) announced Monday that Brian S. Mosier has been named president and CEO, effective April 1. He succeeds Richard G. Johnstone Jr., who is retiring after a 36-year career with the association. Mosier has been with VMDAEC since 2013