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Six Va. companies land spots on Fortune Global 500
McLean-based Freddie Mac earns highest state ranking
Six Virginia-based companies have landed spots on Fortune Magazine’s Global 500 list, which was released Thursday and ranks the world’s 500 largest corporations by total revenue. Walmart Inc. took the top spot on the list, reporting $572 billion in revenue, retaining its top spot from last year. Amazon.com Inc. followed behind, rising a spot to
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Raytheon moving global HQ to Arlington
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Raytheon Technologies Corp. announced June 7 that it will relocate its global headquarters from Massachusetts to Arlington in the third quarter of this year, a move that will make four of the top five U.S.-based aerospace and defense contractors headquartered in Virginia. Raytheon is the second-largest defense company in the world, just below Bethesda, Maryland-based
Raytheon moving global HQ to Arlington
Move will see four of top five defense contractors based in Va.
Published
Raytheon Technologies Corp. announced Tuesday that it will relocate its global headquarters from Massachusetts to Arlington in the third quarter of this year, a move that will see four of the top five U.S.-based aerospace and defense contractors headquartered in Virginia. Raytheon is the second-largest defense company in the world, just below Lockheed Martin, and
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Intelsat names new CEO
David Wajsgras to head McLean-based satellite operator
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McLean-based satellite operator Intelsat has named David Wajsgras its next CEO. Wajsgras will take over from Stephen Spengler effective April 4, according to a company announcement. Spengler announced his retirement from Intelsat in October 2021. According to his LinkedIn account, Wajsgras has worked at Pine Island Capital Partners and served as president of the global,
Northrop Grumman wins missile defense contract worth up to $3.9B
MDA contract focuses on ground system development
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Falls Church-based Northrop Grumman Corp. and partner Raytheon Missiles & Defense were awarded a Missile Defense Agency contract worth up to $3.93 billion to perform work on the U.S. ballistic missile defense system, the agency announced Tuesday. Part of an award of $1.6 billion in contracts through fiscal year 2022 to Northrop Grumman and Bethesda,