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Tag Archives: Virginia

Cloud Tech Firm Opower Goes Public to Raise $116M

Cloud energy management software provider Opower raised $115.9 million in its initial public offering Friday on the New York Stock Exchange, the Washington Post reported Friday. Steven Overly writes that Arlington, Va.-based Opower’s shares climed 21 percent to $23 on the company’s first day of trading. Goldman Sachs and Morgan Stanley …

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Former Va. Gov. George Allen to Advise VT Group; Terry Ryan Comments

George Allen, the former U.S. senator and Virginia governor, will act as a strategic adviser at Arlington, Va.-based technology services contractor VT Group to focus on the company’s integrated technical products. Allen joins the company as it seeks to further develop its passive optical Local Area Network system for government and commercial …

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Virginia Cybersecurity Program Targets Startup Businesses

The nonprofit Center for Innovative Technology has launched a public-private cybersecurity program for Virginia businesses to receive an initial investment and make presentations to professional investors. The MACH37 Cyber Accelerator is targeted to cyber startups and will comprise of two 90-day sessions per year, Gov. Bob McDonnell’s office said Sept. 12. CIT has received …

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GSA Industry Day to Discuss FBI HQ Move

The General Services Administration is seeking ideas from vendors on how to move the FBI into a new headquarters from its current home in the J. Edgar Hoover Building in Washington. GSA said it will host an industry day Thursday at its headquarters to discuss the project, aimed at giving …

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RightNow Opens New Public Sector Office in Reston, VA

RightNow Technologies (NASDAQ: RNOW) has opened a new public sector office in Reston Town Center, Va. The increase in space will allow the company to raise employee headcount. “The Reston Town Center location will allow RightNow Technologies to tap into the region’s strengths — a highly skilled workforce attuned to …

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Northrop Grumman Devises New Student Evaluation Technology; Catherine Kuenzel Comments

Northrop Grumman (NYSE:NOC) will partner alongside Educational Testing Service (ETS) to include ETS Formative Assessment Item Banks in Northrop Grumman’s Horizon Assessment System. The product is designed to lend teachers an improved technology solution for student evaluation. “The demonstrated expertise of Educational Testing Service will strengthen the Horizon educational assessment …

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Charlie Hanley, PPC Help Virginia Stick to the Budget

Project Performance Corporation (PPC) has put in place a new statewide performance budgeting system for the Commonwealth of Virginia. The program is the first in a series of projects to overhaul Virginia’s decades’ old administrative system. “With little over one year to plan, design, build, test, train, and roll-out the …

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Raytheon, L-3, CSC Pick Up DoD Deals

Raytheon (NYSE: RTN) is being awarded a $55, 411, 697 firm-fixed-price modification to previously awarded contract (N00024-09-C-5111) to exercise an option for the production of an Aegis ashore test site AN/SPY-1D(V) Transmitter (XMTR) Group and MK 99 Mod 8 Fire Control System. Work will be performed in Andover, Mass. (88 …

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Jim Duffey Named Next Secretary of Technology by Virginia Governor-Elect Bob McDonnell

Virginia Governor-elect Bob McDonnell has announced that Jim Duffey will be his nominee for Secretary of Technology.  Duffey, President and CEO of Duff Consulting, worked for 24 years at EDS Corp., where he held a variety of positions in the United States and Europe, including three years as corporate Vice …

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