Fairfax County again is home to 10 Fortune 500 headquarters
Fairfax County, Virginia – For the first time in five years, 10 Fairfax County-based companies in a broad range of industries hold spots on the Fortune 500 list of the largest publicly traded companies in the United States. Fortune magazine published the 2019 list today.
Fortune based its rankings on 2018 revenue. The new list includes these Fairfax County-based companies:
- Freddie Mac, Tysons, financial services
- General Dynamics, Falls Church area, aerospace and defense
- Capital One Financial, Tysons, financial services
- Northrop Grumman, Falls Church area, aerospace and defense
- DXC Technology, Tysons, information technology
- Leidos Holdings, Reston, information technology
- Hilton Worldwide Holdings, Tysons, hospitality
- NVR, Reston, home construction
- Beacon Roofing, Herndon, building materials
- Booz Allen Hamilton, Tysons, management consulting
“Only a handful of communities can say they are home to 10 Fortune 500 companies. It is an important milestone, a significant recognition of the county as a prime location for corporations from a wide variety of industries looking for the assets and talent they need to grow and succeed,” said Catherine W. Riley, interim president and CEO of the Fairfax County Economic Development Authority.
“The wide diversity of the industry sectors represented here – everything from our traditional strengths in IT and aerospace to financial services, hospitality and, now, construction materials – shows the value of a Fairfax County headquarters to corporations of all kinds,” Riley added.
Fairfax County had nine companies on the 2018 list. It added its 10th headquarters thanks to Beacon Roofing, which debuted at No. 464. The last time Fairfax County had 10 companies in the Fortune 500 was in 2014.
The Fairfax County companies represent almost half of the 21 companies on the list from Virginia. The top five in Virginia hail from Fairfax County.
Seven of the Fairfax County firms improved their ranking from a year ago. The biggest mover locally was Tysons-based DXC Technology, which vaulted 252 spots to No. 122 on the list.
Seven additional Fairfax County companies are on the Fortune 1000 list: SAIC, Gannett, Park Hotels and Resorts, MAXIMUS, TEGNA, Delta Tucker Holdings and ManTech International.
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, 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, LinkedIn and Instagram.