August 24, 2023: 120 Fairfax County Firms Rank on Inc. 5000 + Weekly Business News Digest
One hundred twenty Fairfax County-based companies rank on the 2023 Inc. 5000 “Fastest-Growing Private Companies in America” list, with 15 companies ranking in the top 500. Fairfax County accounted for 44 percent of Virginia’s 274 companies appearing on this year’s Inc. 5000 and 54 percent of Virginia’s companies ranking in the top 500.
Tysons-based MOXFIVE, ranked no. 39 on the list — which is no. 1 for Fairfax County-based companies, as well as no. 1 in the U.S. security industry. This was the first time that MOXFIVE appeared on the list.
“Our overall and security industry rankings on the Inc. 5000 list are an acknowledgment of our team’s determination and success in maintaining an unwavering commitment to changing an industry by obsessing over delivering a superior customer experience,” said MOXFIVE CEO & Founder, Mike Wager. “Appearing on the Inc. 5000 list is also validation that our Platform – designed to help companies respond to cyber-attacks at scale and establish more resilient IT environments – is the future of the industry.”
“After starting a career on Wall Street and living in New York City, I have been in Fairfax County for the past decade. I have found Fairfax County to not only be a fantastic area to raise a family, but also start a business. Since launching MOXFIVE in 2019, we have been fortunate to achieve a great deal of success and I attribute much of that to the business environment in Fairfax County, which includes a tremendous amount of cybersecurity talent. This has allowed us to find the people we need more easily and scale more quickly,” Wager added.
The following is a list of companies in Fairfax County companies ranking in the top 500 in this year’s Inc. 5000.
|3 Year Growth
|Integrated Management Strategies
|Business Products & Services
|COREONYX Government Solutions
|Business Products & Services
|Business Products & Services
|Business Products & Services
To view a list of all companies in Fairfax County ranking in this year’s Inc. 5000, click here.
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022, according to Inc. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. Click here to learn more.
Weekly Business News Digest
Solar storage: Regional leaders broke ground on a new massive new solar storage project at Washington Dulles International Airport (IAD) on August 22, according to WJLA. It’s being dubbed as the “largest renewable energy project ever developed at a U.S. airport,” and over the next several months, passengers traveling through IAD will see 835 acres of space between runways turn into a solar panel farm. The president and CEO’s of both Dominion Energy and the Metropolitan Washington Airports Authority (MWAA) were joined by Fairfax County Board of Supervisors chair Jeff McKay and Loudoun County Board of Supervisors chair Phyllis Randall and at IAD to officially launch the project.
$100M investment: Tysons-based travel security company Global Guardian plans to deepen its geographic reach and serve more clients in the government space after landing an investment of more than $100 million, reported Washington Business Journal. The infusion from growth-oriented private equity firm Align Capital Partners will help the company grow organically and through acquisitions, according to Global Guardian co-founder and CEO Dale Buckner. Global Guardian provides security, medical and travel services primarily for Fortune 1000 corporate clients, but also has government clients and some family offices. It works with 6,000 affiliate companies across the world and has dozens of air ambulances and other aircraft on contract, as well as thousands of other vehicles.
Cloud Eclipse with a Q: Herndon-based Eqlipse Technologies has purchased Stevensville, Maryland-based cloud analytics company Net Vision Consultants for an undisclosed sum, according to GovConWire. Net Vision offers network analysis and engineering consulting services to the defense and intelligence sectors. The business was awarded a position on the U.S. Air Force’s $950 million contract vehicle supporting Joint All Domain Command and Control efforts. Arlington Capital Partners unveiled Eqlipse in March to pursue national security market opportunities in cyber, signals intelligence engineering, research and development, digital operations and identity management areas.
Natural extension of growth strategy: Centreville-based Parsons Corporation has acquired Maryland-based cyber and technology company Sealing Technologies in a transaction valued at up to $200 million, according to citybiz. Founded in 2012, SealingTech expands Parsons’ customer base across the Department of Defense and Intelligence Community, and further enhances the company’s capabilities in defensive cyber operations; integrated mission-solutions powered by artificial intelligence (AI) and machine learning (ML); edge computing and edge access modernization; critical infrastructure protection; and secure data management. “The addition of SealingTech is a natural extension of our growth strategy, adding critical, mission-ready solutions for our Department of Defense and Intelligence Community customers,” said Carey Smith, Parsons’ Chair, President, and CEO.
Constellation communications contracts: The Pentagon’s Space Development Agency awarded $1.5 billion in contracts to Falls Church-area based Northrop Grumman and Bethesda, Md.-based Lockheed Martin, which has locations in Fairfax County, for prototype communications satellites, CNBC reported. SDA said the 72 satellites will be for the Beta variant of its Tranche 2 Transport Layer constellation, a network the U.S. military is building to provide encrypted communications through a fleet of hundreds of satellites, which it calls the Proliferated Warfighter Space Architecture. Northrop and Lockheed will each build 36 of the prototype satellites, scheduled to begin launching by September 2026.
Cloud collaboration: Reston-based Science Applications International Corp. will further design and develop secure cloud offerings for government agency customers in the AWS GovCloud platform under a strategic collaboration agreement with Herndon-based Amazon Web Services, ExecutiveBiz reported. SAIC said it will advance its Zero Trust Accelerator offerings and facilitate the adoption of its CloudScend tools to help government clients speed up the migration of applications and associated workloads to the cloud through its collaboration with AWS. “Secure cloud represents a critical growth area for our business, and this collaboration helps us better support our government customers in their modernization journeys and empowers them to leverage emerging technology to drive better mission outcomes,” said Nazzic Keene, CEO of SAIC.
Enabling technologies: Two Fairfax County-based companies are among the additional companies that the U.S. Air Force selected for enabling technologies in open-architecture command and control: CGI Federal (Fairfax); Convergent Solutions (Tysons) dba Exiger Government Solutions, according to Military+Aerospace Electronics. This program seeks to develop and operate systems across air, land, sea, space, cyber, and electromagnetic spectrum military domains in an open-architecture family of systems that integrates several platforms to enable new warfighting capabilities.
Done deal! Herndon-based Deltek has finalized its purchase of time-tracking platforms provider Replicon in a transaction that allows it to add the latter’s knowledge workforce management platform and expand its portfolio of information, professional services and enterprise software offerings for project-based organizations, GovConWire reported. In May, Deltek agreed to acquire Replicon, a Canada-based company that offers time management, professional services automation and human resources attendance platforms for project and service-centric businesses. Mike Corkery, president and CEO of Deltek said the combination enables Deltek to offer expanded and new capabilities in support of project and service-centric organizations worldwide.
Sports platform investment: Virginia Venture Partners (VVP), the equity investment program of Virginia Innovation Partnership Corporation (VIPC), announced an investment in Reston-based Zoomph. a B2B software company that provides the industry-leading sports marketing intelligence platform to brands, teams, and leagues in sports sponsorships in one singular platform. Zoomph will use this investment to expedite product development and widen its customer base, MarTech Series reported.
FCEDA Hosted and Sponsored Events
September 6 — Harnessing the Power of Economics to Solve Whole of Nation Challenges. With keynote speaker Dr. Emily Blanchard, Chief Economist, U.S. Department of State, MITRE Corporation is hosting a one-day conference at its co-headquarters locations in McLean, Virginia and Bedford, Massachusetts, as well as via Teams Meeting. This conference will join MITRE economists with speakers and panelists from government, academia, and industry to examine the role of economics in collaboratively solving whole-of-nation challenges. The conference will include presentations from distinguished speakers, panel discussions, breakout sessions, posterboard displays, vendor booths, and audience interactive activities. MITRE seeks to serve as a catalyst to foster collaborative cross-sector research, drive innovation, and inform decision-makers. Click here to register to attend this free conference.
September 12 — Entrepreneurship 101: Starting a Business in Fairfax County. The Fairfax County Economic Development Authority hosts Entrepreneurship 101, or “E-101,” a bi-monthly workshop that features a panel of small business experts on how to start a business. Presented by the FCEDA, in partnership with the Virginia Department of Small Business and Supplier Diversity (SBSD), the Community Business Partnership (CBP) and the U.S. Small Business Administration (SBA), the workshop provides an overview of business start-up fundamentals. Click here to register.
September 19 — Hire Vets Now Networking and Hiring Fair. This in-person event at Fort Belvoir Community Center is a networking reception and career fair offering transitioning service members, military spouses and veterans the opportunity to connect with Virginia employers looking to hire military talent. Participating employers are offering career opportunities in IT, healthcare, logistics, manufacturing, defense, government, law enforcement and more. Resource Providers will be on hand to assist with resume writing, and SkillBridge internships and mentorships. A complimentary lunch will be provided. Click here to register.
September 21 — Northern Virginia Space & Satellite Summit. Join the Dulles Regional Chamber of Commerce’s International Business Council at their Space & Satellite event at Womble Bond Dickinson in Tysons. Speakers will include: David Bettinger, CEO, Axta Space Team; Dennis Gatens, CEO and Founder, LEOCloud; George Nield, President, Commercial Space Technologies; and Stephen McCall, Director of Government Relations, Firefly Aerospace. The main objectives of this seminar are to provide insights about the current ecosystem of space and satellite assets and industry in the Dulles region; and to delve into the aspects of the commercialization of the space sector and discuss challenges and opportunities. Click here to register.
September 21 — GovFuture Forum. Attend GovFuture Forum, a monthly demo and panel event where government innovators, technologists, thought leaders, movers-and-shakers, government ecosystem partners, and interested people see showcases on cool new technology in a demo format, learn from innovators in high-value panels, and interact with each other. Click here to see the agenda, featured speakers and to register.
September 26-28, 2023 – Quantum World Congress 2023. Quantum World Congress 2023 will once again bring together leaders from across the quantum ecosystem around the globe to address pressing challenges and emerging trends and share insights that help to accelerate and commercialize quantum technologies. Programming will take many forms — from presentations and panels to fireside chats and networking sessions. QWC will enable relevant, timely, and industry-leading information sharing and relationship building across these formats to foster a responsible environment for quantum growth. QWC 2023 will be held at Capital One Hall in Tysons, Virginia. REGISTER NOW.
FCEDA is Here to Help Your Business Thrive
Fairfax County EDA is here to connect businesses of all kinds to resources and information. For direct assistance, email the FCEDA at firstname.lastname@example.org, or call 703-790-0600 to leave a voice message for our staff. And click here for resources available in the other nine jurisdictions that make up the Northern Virginia Economic Development Alliance.