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HUD awards Fairfax firm $42M contract
Pyramid Systems to migrate loan processing system to cloud
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The U.S. Department of Housing and Urban Development awarded Fairfax-based tech contractor Pyramid Systems a two-year, $42 million contract to migrate loan processing system applications to cloud computing infrastructure designed for government use, the company announced Wednesday. Pyramid Systems will use Salesforce to restructure existing software code for the Federal Housing Administration’s (FHA) legacy information
Tysons software company converts $425M cash holdings to bitcoin
MicroStrategy CEO Michael Saylor made announcement via Twitter
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The CEO of Tysons-based business software company MicroStrategy Inc., Michael Saylor announced Tuesday that the company has now purchased $425 million worth of bitcoin. In August, the company had announced that it had converted $250 million from its cash holdings into more than 21,000 bitcoins, making it one of the first public companies to use
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DXC Technology taps CEO for spinoff health and human services business
Paul Saleh previously served as DXC's chief financial officer
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Tysons-based Fortune 500 company DXC Technology announced Wednesday it has promoted Chief Financial Officer Paul Saleh to the new position of CEO of the company’s U.S. State and Local Health and Human Services business, which will be effective upon closing of the sale of the business unit to private equity firm Veritas Capital. DXC Technology
Va. ID management, tech company names president, CEO
Andrew Boyd joins IDEMIA National Security Solutions
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French ID management and tech company IDEMIA, which has U.S. headquarters in Reston, announced Tuesday it has named Andrew Boyd as president and CEO of IDEMIA National Security Solutions (NSS), located in Alexandria. Boyd was most recently the senior vice president of defense and intelligence at Reston-based Science Applications International Corp. (SAIC). In his new
Tysons contactless delivery tech company buys Ind.-based firm
HomeValet acquires Evolve Engineering LLC
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Tysons-based startup HomeValet, which develops technology for contactless deliveries, announced Wednesday it has acquired Evansville, Indiana-based Evolve Engineering LLC, which focuses on appliance engineering. Terms of the transaction were not disclosed. “Envolve Engineering’s team has had a hand in developing home appliance products for some of the largest refrigeration brands in the industry,” Jack Simms,
Perspecta lands $98.4M Education Dept. contract
Chantilly contractor to manage federal financial aid inquiries
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The U.S. Department of Education awarded Chantilly-based federal contractor Perspecta Inc. a three-year, $98.4 million contract to help the agency manage inquiries about federal scholarships and other forms of academic financial assistance though an omni-channel contact center. Perspecta will support the Office of Federal Student Aid (FSA) by operating the Federal Student Aid Information Center
Arlington contractor wins $450M DHS purchase agreement
CACI International to provide desktop support for Dept. of Homeland Security's headquarters
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The Department of Homeland Security (DHS) awarded Arlington-based federal technology contractor CACI International Inc. a one-time, $450 million blanket purchase agreement to provide desktop support services to the agency’s headquarters, the company announced Tuesday. Under the contract, CACI will provide enterprise technology to sustain and administer IT systems, which, according to the company, will increase
Academy launched to help 20 NoVa tech firms pivot for COVID-19
Tandem Product Academy program to start Oct. 21
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McLean-based Amplifier Advisors and a group of university, government, corporate and community partners on Tuesday announced the launch of the Tandem Product Academy, which will assist a cohort of 20 Northern Virginia tech companies to pivot their business models to respond to the COVID-19 economy. The four-month program, set to start on Oct. 21, is
Northam: Trump’s alleged comment about veterans ‘turns my stomach’
SCC extends utility disconnection moratorium through Oct. 5
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During a brief COVID-19 update Tuesday, Gov. Ralph Northam blasted President Donald Trump’s reported reference to wounded and killed U.S. veterans as “losers and suckers.” Northam has occasionally criticized the federal government for leaving the responsibility of accessing COVID-19 tests and personal protective equipment solely to governors and state officials instead of instituting a federal
Va. attorney general secures $15.3M settlement for former ITT Tech students
Students pressured into taking out loans they couldn't repay, according to settlement
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Virginia Attorney General Mark Herring secured an agreement to obtain $15.3 million in debt relief for at least 1,840 former ITT Tech students in Virginia as part of a settlement including 47 additional attorneys general and the federal Consumer Financial Protection Bureau, his office announced Tuesday. The entire settlement is approximately $330 million for 35,000