The Washington Post

Washington area business diary for week of May 7

Short takes on the week's announcements and deals.


Sterling-based Sutron, a developer of hydrological, meteorological and oceanic monitoring products, said it will acquire Englewood, Colo.-based IPS Meteostar for nearly $4.2 million.

Arlington-based defense and aerospace giant BAE Systems said it will sell its Ontario, Calif.-based Safariland unit to a newly formed acquisition vehicle affiliated with Greenwich, Conn.-based private investment firm Kanders & Co. Terms were not disclosed.

McLean-based network operator Global Telecom & Technology said it has acquired Chicago-based Internet infrastructure services company nLayer Communications. Terms were not disclosed.

District-based real estate data company CoStar Group said it has completed its previously announced acquisition of San Francisco-based rival LoopNet in an $860 million deal.

Reston-based health services company Maximus said it has completed its previously announced acquisition of Denver-based PSI Services Holding for $67 million.

District-based daily deals company LivingSocial said it has acquired Cleveland-based restaurant ordering systems provider Onosys. Terms were not disclosed.

Silver Spring-based media company Discovery Communications said that it is to acquire San Francisco-based digital video company Revision3. Terms were not disclosed.

Portugal-based WeDo Technologies said it has acquired Bethesda-based telecommunications network usage software company Connectiv Solutions. Terms were not disclosed.


Reston-based Rolls-Royce said it has received a $315 million contract from East Hartford, Conn.-based Pratt & Whitney to supply the R-R LiftSystem technology to the F-35 Joint Strike Fighter aircraft program.

McLean-based telecom management services company Isys said it has received a contract from the state of Utah to conduct a wireless telecom contract audit for all state agencies and departments.


Herndon-based Celcite Management Solutions, a developer of tools and services for wireless networks, said it has opened an office in Singapore.

Tempe, Ariz.-based U.S. Airways began offering daily flights from Reagan National Airport to Cincinnati and Des Moines.

McLean-based defense contractor ITT Exelis said that it has opened an office at Aberdeen Proving Ground.

Name changes

Bethesda-based finance company Federal National Payables said it has changed its name to Federal National Commercial Credit.

— Compiled by Shawn Selby



Success! Check your inbox for details. You might also like:

Please enter a valid email address

See all newsletters

Show Comments
Most Read



Success! Check your inbox for details.

See all newsletters

Your Three. Video curated for you.

To keep reading, please enter your email address.

You’ll also receive from The Washington Post:
  • A free 6-week digital subscription
  • Our daily newsletter in your inbox

Please enter a valid email address

I have read and agree to the Terms of Service and Privacy Policy.

Please indicate agreement.

Thank you.

Check your inbox. We’ve sent an email explaining how to set up an account and activate your free digital subscription.