Tuesday, May 6, 2025

August 8 Business News from the Fairfax County Economic Development Authority

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The space industry is experiencing a significant shift, with Fairfax County at the forefront of this transformation. According to a feature story in the Washington Business Journal, Fairfax County Economic Development Authority is capitalizing on a surge of space-related company moves in the county to position Greater Washington as a key player in the industry. With 125 aerospace companies with space operations calling Fairfax home, including 70 solely dedicated to the space sector, the county has seen 60 companies relocate or expand within the last three years. This trend was first noticed in 2022 when Blue Origin, Jeff Bezos’ launch company, established a presence in Reston.

The thriving space sector in Fairfax County encompasses a wide range of companies, from satellites to aircraft and drone technology. In response to this growth, Fairfax County is planning to host the region’s first space conference in the fall of 2025. This initiative aims to showcase the county’s capabilities and attract more companies to establish a presence in the area. The Washington Business Journal’s feature story provides insights from several space leaders who are driving growth in Fairfax County.

For companies looking to join the space industry in Fairfax County, the Fairfax County Economic Development Authority offers support and resources to facilitate their entry into the market. By leveraging the county’s strategic location, skilled workforce, and business-friendly environment, companies can tap into the opportunities presented by the burgeoning space sector.

In addition to the space industry, Fairfax County has also made headlines for its exceptional population health. Falls Church City, located within Fairfax County, was ranked as the nation’s healthiest community by U.S. News & World Report. With a perfect score of 100 for population health, Falls Church City excels in access to care, healthy behaviors, physical and mental health outcomes, and low rates of illness. Fairfax County’s commitment to promoting healthy lifestyles and providing access to quality healthcare has contributed to its high ranking in population health.

On the aerospace front, Northrop Grumman, a Falls Church area-based company, recently launched its Cygnus spacecraft on a SpaceX Falcon 9 rocket, carrying scientific experiments and cargo to the International Space Station. This mission marked Northrop Grumman’s 21st commercial resupply mission, highlighting the company’s continued contributions to space exploration and research.

In the realm of business acquisitions, McLean-based Mars, the largest private company in Greater Washington, is in advanced talks to acquire Kellanova Co., the maker of popular brands such as Pringles, Cheez-It crackers, and Eggo waffles. This potential acquisition could be valued at up to $30 billion and would expand Mars’ portfolio to include additional well-known consumer brands.

Thompson Hospitality, a Reston-based food services giant, has launched a new division focused on expanding its restaurants business. With brands like Big Buns, Matchbox, and Wiseguy Pizza under its umbrella, Thompson Restaurants aims to become a trusted name in the DMV region’s dining scene. By providing a positive experience to guests, clients, and team members, Thompson Hospitality is poised for continued growth and success in the restaurant industry.

Booz Allen Hamilton, a prominent consulting firm, has deployed generative artificial intelligence onboard the International Space Station National Lab. This innovative tool leverages Hewlett Packard Enterprise’s Spaceborne Computer-2 platform to assist ISS astronauts in addressing complex issues without relying on Earth-bound internet. By harnessing the power of generative AI in space, Booz Allen is paving the way for new advancements and solutions in space exploration.

In the realm of defense and intelligence, Lorton-based Chenega has acquired SecuriGence, a Loudoun County-based company specializing in systems engineering, cybersecurity, and software engineering. This acquisition will enhance Chenega MIOS’ portfolio and capabilities in supporting Department of Defense and Intelligence Community customers. With the integration of SecuriGence, Chenega is poised to deliver game-changing solutions in the defense and intelligence sectors.

In the realm of supply chain software, Exiger, a New York City-based company with operations in Tysons, has acquired aDolus Technology, a Canadian firm specializing in software supply chain risk visibility. This acquisition strengthens Exiger’s supply chain visibility capabilities by incorporating aDolus’ software provenance analysis tools. By enabling customers to “trust but verify” software sources, Exiger is enhancing cybersecurity measures and mitigating supply chain risks.

On the education front, Fairfax County Public Schools Adult and Community Education program is launching over 250 new courses in trades, construction, IT, and healthcare. These courses align with the program’s focus on “new collar” workforce development, offering high-paying professions that combine technical skills with specialized education. With a focus on providing training and certification programs for adult learners, Fairfax County Public Schools is empowering individuals to pursue rewarding careers in high-demand industries.

In a collaborative effort to enhance recreational amenities, Fairfax County Park Authority has partnered with Volkswagen Group of America and the Great Outdoor Fund to build a dual-purpose court at Stratton Woods Park in Reston. This new facility will replace the existing basketball court with a versatile space that can accommodate futsal, a popular indoor soccer variant. By investing in community infrastructure and promoting outdoor activities, the partnership aims to enhance the health and well-being of residents in the area.

In conclusion, Fairfax County is a hub of innovation and opportunity across various industries, from space exploration to healthcare, food services, defense, education, and recreation. With a focus on fostering growth, collaboration, and excellence, Fairfax County continues to attract businesses, talent, and investments that drive economic development and quality of life in the region. As the county positions itself as a leader in key sectors, it sets the stage for continued success and prosperity for its residents and businesses.

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