Herndon IT Firm Acquired By Booz Allen For $725M

McLean, Virginia-based government contractor Booz Allen Hamilton will acquire Herndon, Virginia-based Liberty IT Solutions LLC for $725 million. Liberty IT Solutions has about 600 employees, with other operations in Exton, Pennsylvania, and Melbourne, Florida. Its work includes IT modernization projects for government agencies and in the health care industry, including the Department of Veterans Affairs, expanding Booz Allen’s growth in health care consulting. Continue reading

Kreative Technologies To Invest $1.5 million In Its Fairfax Headquarters

Fairfax, Virginia-based IT contractor Kreative Technologies will invest $1.5 million to expand its year-old headquarters and quintuple its current workforce of 67, with almost 300 additional hires. Kreative Technologies is a software development, integration, and cybersecurity contractor with commercial and government contractors, focused on health care, finance and defense. Many of its employees have education and medical backgrounds.Continue reading