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Arlington tech company wins $1.5B contract
CACI International Inc. will support National Geospatial-Intelligence Agency
Arlington-based federal technology contractor CACI International Inc. announced Thursday it has won a $1.5 billion contract to provide networking and cybersecurity services for the National Geospatial-Intelligence Agency (NGA). “This record award demonstrates CACI is delivering on its strategy to win larger, more enduring contracts,” CACI President and CEO John Mengucci said in a statement. “It
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Leidos lands contract worth $401M
Reston contractor will provide IT services to Defense Intelligence Agency
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Reston-based federal contractor Leidos announced Thursday it has won a contract worth $401 million, if all options are exercised, to provide information technology operations and maintenance support to the Defense Intelligence Agency (DIA). “This award is a true testament to our strong capabilities and proven performance working with the Department of Defense and Intelligence Community,”
Freddie Mac names new CFO
Chris Lown was previously CFO at Navient Corp.
Published
Tysons-based Freddie Mac announced that Christian M. Lown will become the Fortune 500 company’s executive vice president and chief financial officer, effective June 15. Previously the executive vice president and CFO for Navient Corp., Lown succeeds interim CFO Donald F. Kish, who will continue serving as Freddie Mac’s senior vice president, corporate controller and principal
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Arlington government contractor names chairman
Former Deputy Defense Secretary Robert Work will chair Govini's board
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Arlington-based federal contractor Govini announced Monday that former Deputy Secretary of Defense Robert O. Work has been elected as chairman of its board of directors. Work served as the 32nd deputy defense secretary from 2014 to 2017. He was under secretary of the Navy, the service’s second-highest ranking civilian position, from 2009 to 2013 and
Private equity firm to acquire Herndon tech company
Thoma Bravo to buy Exostar
Published
Herndon-based tech company Exostar LLC announced Tuesday it will be acquired by private equity firm Thoma Bravo LLC. The transaction amount was not disclosed. Exostar is a cloud-based platform that allows companies to securely share information and operate with security compliance. The platform is used by more than 135,000 aerospace and defense organizations across 150
Texas company starts building second data center in Ashburn
Aligned Energy LLC finished the first 60MW structure in 2019.
Published
Plano, Texas-based data center infrastructure company Aligned Energy LLC has started construction on its second data center in Loudoun County’s Ashburn area, the company announced Tuesday. Aligned finished construction on its first 370,000-square-foot, 60-megawatt data in 2019. The new data center will add 513,000 square feet and 120 megawatts to the existing campus. “The first
Fairfax medical office building sells for $4.6M
The 53,430-square-foot building is 37% leased.
Published
A medical office building in Fairfax County’s Merrifield area has sold for $4.6 million, Toronto, Canada-based commercial real estate company Avison Young Inc. announced Monday. The five-story, 53,430-square-foot building is 37% leased to several medical practices, says Avison Young Principal Jim Kornick, who led the sale on behalf of the seller, Harrison Street Real Estate.
McLean telecom CEO steps down
Richard D. Calder had been with GTT Communications Inc. since 2007.
Published
Richard D. Calder, president and CEO of McLean-based telecommunications company GTT Communications Inc., left the company on Monday, June 1. He had been the president and CEO since 2007. “We appreciate the many accomplishments Rick has achieved since joining GTT as CEO in May 2007 over 13 years ago,” H. Brian Thompson, GTT executive chairman,
Rappahannock Electric Cooperative CEO to retire
Kent D. Farmer leaves Aug. 1, to be replaced by John D. Hewa
Published
Fredericksburg-based Rappahannock Electric Cooperative (REC) announced Tuesday that president and CEO Kent D. Farmer, who has served since 2004, will retire Aug. 1. He has been with the company for a total of 41 years. “It has been my honor and privilege to lead REC and to serve its membership for the past 16 years,”
Private equity firm purchases Reston office building
Phillips Realty Capital secures $29M bridge loan for HighBrook Investors
Published
A New York-based real estate private equity firm, HighBrook Investors, secured a three-year floating-rate loan of $29 million, with extension options, to purchase the Reston Metro Center One office building, located near the future Reston Town Center Metro station and the planned $1.4 billion Halley Rise mixed-use development. HighBrook received the loan from Rubenstein Mortgage