Gov. Northam, other dignitaries turn out for Favor TechConsulting ribbon cutting in Tysons Corner
Fairfax County, Virginia — Gov. Ralph Northam was on hand Wednesday in Tysons Corner as management and IT services consulting firm Favor TechConsulting LLC (FTC) celebrated its move to larger headquarters.
“I feel like we’re just getting started,” said FTC founder and CEO Vaseal Montgomery before cutting a ribbon to christen the new offices. She served 30 years in the U.S. Army before retiring as a colonel and starting her company in 2007.
Today, Favor TechConsulting employs nearly 400, about 100 of whom are based out of the company’s Tysons Corner offices. Last year, the company committed to a five-year, $1.65 million expansion plan that includes hiring up to 1,200 new employees.
FTC moved into its new offices late in December. It has leased roughly 25,000 square feet in the Fairfax Square complex through 2025.
“This is what Virginia is all about – these success stories,” said Northam, citing Montgomery’s military service and example as both a woman and a minority willing to embark on her own mission. “Now, to invest another $1.65 million and (add) up to 1,200 more jobs, right here in Fairfax County, we’re so proud of you.”
Sharon Bulova, chairman of the Fairfax County Board of Supervisors, and Dr. Gerald L. Gordon, president and CEO of the Fairfax County Economic Development Authority (FCEDA), which helped coordinate the FTC ribbon cutting, assured Montgomery that she was in the right place.
“Health technology is one of the sectors we’re committed to seeing grow,” Bulova said. “This is a wonderful, exciting place to be. There’s a lot happening in Tysons – a lot happening in Fairfax County.”
Gordon noted that Fairfax County is home to 48,000 minority-owned businesses, 42,000 woman-owned businesses and 12,000 veteran-owned businesses.
“To have a company of this magnitude, of this quality and of this renown is wonderful for our business community,” Gordon said. “But to have another veteran-owned business in Fairfax County is really special to us.”
Esther Lee, Virginia secretary of commerce and trade; Jaime Areizaga-Soto, Virginia deputy secretary of veterans and defense affairs, and U.S. Rep. Gerry Connolly (11th District) were among other dignitaries attending the ribbon-cutting along with business partners, clients and FTC employees.
Although it serves a variety of government clients, Favor TechConsulting’s primary mission reflects Montgomery’s Army and healthcare information experience. She served as chief information officer and director of information management for the Army Surgeon General.
“Our job was – and is – supporting the seamless exchange of healthcare data (for) veterans as they transition out of the military and into the VA healthcare system,” said Montgomery, who thanked COO Ben Lin and the FTC staff for making growth possible.
“It’s imperative that our veterans – some who’ve been deployed two, three, four, some as many as seven times and suffer from post-traumatic stress syndrome (PTSD), brain trauma or other injuries – have a medical record that remembers them, not records that they have to remember to carry,” Montgomery said.
She also took a moment to say the company owes “a tremendous debt of gratitude to the FCEDA for welcoming and supporting us from the first day we came here.”
The company’s growth is reflected by the breadth of the contracts it has won recently. Since the start of 2018, FTC has been awarded contracts from the U.S Department of Veteran Affairs to provide identity and access-management services, the Department of Homeland Security’s Customs and Border Protection agency to support the Automated Commercial Environment Business Office, a task order to support the Department of Labor Employment and Training Administration in updating its Electronic Policy and Requirements Handbook, and a spot on a Federal Aviation Administration team supporting computer and information service development as well as documentation and training.
Time magazine called Fairfax County “one of the great economic success stories of our time.” Business growth and innovation help Fairfax County fund the nation’s top-rated school system and other public services that contribute to the quality of life of residents. Fairfax County offers businesses a state-of-the-art telecommunications infrastructure, access to global markets through Washington Dulles International Airport, a vibrant investment capital community and a highly skilled, well-educated workforce.
The award-winning Fairfax County Economic Development Authority promotes Fairfax County as a business and technology center. The FCEDA offers site location and business development assistance, and connections with county and state government agencies, to help companies locate and expand in Fairfax County. In addition to its headquarters in Tysons Corner, Fairfax County’s largest business district, the FCEDA maintains marketing offices in six important global business centers: Bangalore, Berlin, London, Los Angeles, Seoul and Tel Aviv. Follow the FCEDA on Facebook, Twitter and LinkedIn.