Content about War

A Virginia residential developer is proposing to tear down an existing office building on Key West Avenue in Rockville, and replace it with as much as 650 multi-family residential units that would most likely end up as apartments.

With a new grocery store anchor on the way, Federal Realty Investment Trust (FRIT) (NYSE: FRT)wants to make sure patrons are receiving the best experience at the Rockville Town Square.

Bethesda-based Lockheed Martin (NYSE: LMT) was  given $47 million by the U.S. Army to develop, demonstrate and deliver -- unmanned autonomous technologies (UATs).

Rockville-based Washington Real Estate Investment Trust (WRIT) (NYSE: WRE) is aiming for a higher quality portfolio to appease shareholders.

The 16 property industrial portfolio will be dumped through deals consisting of five separate transactions totaling $350 Million—to be completed by the end of the year.

A $46 million contract has been awarded to Science Applications International Corporation (SAIC) (NYSE: SAI) from the Transportation Security Administration (TSA).

TSA, an agency part of the U.S. Department of Homeland Security (DHS) has tasked SAIC with the responsibility of hazardous materials management and disposal services. The services provided will include training programs, treatment storage, and disposal of hazardous waste that will total more than $1.5 million pounds per year.

The fifth Vida Fitness center will open its doors to customers Tuesday, January 24 at 12:30 p.m.

The high-end gym Located at 445 K Street, NW, is at the ground floor of the City Vista residential-retail project which includes apartments above and is anchored by a Safeway grocery store. The two-level space was formerly occupied by a Results Gym.

The United States Navy has Awarded Science Applications International Corporation (SAIC) (NYSE: SAI) a prime single-award contract with a value of more than $42 million to support the United States Fleet Forces Command (USFF). The USFF supports the Chief of Naval Operations (CNO) and Combatant Commanders worldwide.

The six-month period of performance, four one-month options contract will allow SAIC to render operational and tactical support to the USFF and associated fleet commands.

Falls Church-based General Dynamics (NYSE: GD) announced its General Dynamics C4 Systems division was awarded a $64.5 million contract by the U.S. Navy's Space andNaval Warfare Systems Center.

General Dynamics C4 will provide services for the Wideband Networking Waveform (WNW) Software which will allow the U.S. military send large amounts of data of its network at fast speeds.

Northrop Grumman Corporation (NYSE:NOC), which recently moved its corporate headquarters from California to Fairfax County, Va announced a defense contract agreement valued at a potential $997 Million.

The U.S. Army awarded the defense contractor and 18 other companies a contract to provide force protection systems and components.

Mclean, Va., defense contractor Science Applications International Corporation (SAIC) (NYSE: SAI) won a follow-on contract for work on ammunition operations and to provide maintenance services to the Department of Defense.

The contract was awarded by the U.S. Army Materiel Command (AMC) and the work will be conducted in Chambersburg, Pa., Alexandria, Va., and Huntsville, Ala.

Under the agreement,SAIC services will help the National Level Ammunition Capability operations by integrating new technology to improve activities for joint military operations.

Bethesda based Eagle Bancorp, Inc (Nasdaq:EGBN)has entered into an agreement with the United StatesSecretary of the Treasury to receive funding that will aid small businesses.

The parent of Eagle Bank issued 56,000 shares of Senior Non-Cumulative, Series B Preferred Stock with a  value of $1,000 per share.

The Series B shares were exchanged for $56,600,000 towards the United StatesSmall Business Lending Fund program.