The slow build - Express
The slow build - Express
The slow build - Express
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K12<br />
2300 Corporate Park Dr.<br />
Herndon, Va. 20171<br />
866-283-0300<br />
Founded: 1999<br />
CEO: Ron Packard<br />
Employees (local): 2,500 (550)<br />
<strong>The</strong> online education company offers<br />
a host of courses that elementary,<br />
middle and high school students complete<br />
online. <strong>The</strong> curriculum can supplement<br />
traditional brick-and-mortar<br />
education with Advanced Placement<br />
and foreign language courses, or replace<br />
it altogether with Web-based<br />
private and public schooling options.<br />
<strong>The</strong> company’s fiscal year, which ended<br />
in June, was a busy one. <strong>The</strong> company<br />
closed three acquisitions that<br />
helped push its total average enrollment<br />
to 98,890.<br />
KEYW<br />
1334 Ashton Rd., Suite A<br />
Hanover, Md. 21076<br />
443-270-5300<br />
Founded: 2008<br />
Chairman and CEO: Leonard E. Moodispaw<br />
Employees (local): 805 (700)<br />
Keyw is a cybersecurity company<br />
formed by the management team of<br />
Essex, which was sold to Northrop<br />
Grumman in 2006. That team has kept<br />
up a rapid acquisition pace since founding<br />
the company in 2008. In 2011, the<br />
company picked up Flight Landata,<br />
which focuses on intelligence, surveillance<br />
and reconnaissance; Forbes Analytic<br />
Software, a cybersecurity firm that<br />
specializes in software development,<br />
engineering and integration; and JKA<br />
Technologies, also a cybersecurity firm<br />
with a focus on network engineering.<br />
LASALLE HOTEL PROPERTIES<br />
3 Bethesda Metro Center, Suite 1200<br />
Bethesda, Md. 20814<br />
301-941-1500<br />
Founded: 1998<br />
President and CEO: Michael D. Barnello<br />
Employees (local): 31 (31)<br />
LaSalle, with 35 hotels, scored a few<br />
choice acquisitions this year. It<br />
snagged the Viceroy Santa Monica, a<br />
162-room property in Santa Monica,<br />
Calif., for $80.1 million in March,<br />
followed by the purchase of the 934room<br />
Park Central in New York for<br />
$405.5 million in June. And in October,<br />
LaSalle picked up the 182-room Villa<br />
Florence in San Francisco for $67.2<br />
million. <strong>The</strong> company also disposed of<br />
the 564-room Sheraton Bloomington<br />
Hotel in Minneapolis for $20 million,<br />
nearly $12 million less than what it<br />
paid for it in 1995.<br />
LEARNING TREE INTERNATIONAL<br />
1831 Michael Faraday Dr.<br />
Reston, VA 20190<br />
703-709-9119<br />
Founded: 1974<br />
President and CEO: Nicholas R. Schacht<br />
Employees (local): 468 (239)<br />
After scaling back its growth plans<br />
during the economic downturn,<br />
Learning Tree International in 2011<br />
took steps to expand its business to<br />
pre-recession levels. <strong>The</strong> firm, which<br />
provides information-technology and<br />
management training courses online<br />
and in person, said it planned to accelerate<br />
the introduction of new courses,<br />
to 37 in fiscal 2011, up from 23 the<br />
previous year. <strong>The</strong> company said that<br />
in fiscal 2012, it would seek to offer 50<br />
new titles, the same number it did<br />
before the recession.<br />
POST 200. CAPITAL BUSINESS . 12/19/11 26<br />
STEPPING DOWN: J.W. “Bill” Marriott Jr., Marriott’s chairman and chief<br />
executive, announced he will hand over the reins to Arne Sorenson in 2012.<br />
Photos by Jeffrey MacMillan/Capital Business<br />
UNDER WAY: Construction continues on the $550 million, 1,167-room Marriott<br />
Marquis hotel next to the Walter E. Washington Convention Center.<br />
LIQUIDITY SERVICES<br />
1920 L St. NW, Sixth Floor<br />
Washington, D.C. 20036<br />
202-467-6868<br />
Founded: 1999<br />
Chairman and CEO: William P. Angrick III<br />
Employees (local): 700 (125)<br />
Liquidity Services works with retailers,<br />
government agencies and others to<br />
sell online surplus equipment, furniture<br />
and other goods. <strong>The</strong> firm made<br />
moves to expand this year. In June, it<br />
acquired Truckcenter.com, an online<br />
marketplace for fleet and transportation<br />
equipment. And in October, it<br />
acquired Jacobs Trading, which specializes<br />
in retail liquidations. <strong>The</strong> acquisition<br />
is aimed at expanding Liquidity<br />
Services’ relationships with manufacturers<br />
and retailers such as Wal-<br />
Mart Stores.<br />
LOCKHEED MARTIN<br />
6801 Rockledge Dr.<br />
Bethesda, Md. 20817<br />
301-897-6000<br />
Founded: 1995<br />
Chairman and CEO: Robert J. Stevens<br />
Employees (local): 123,480 (12,800)<br />
<strong>The</strong> contracting behemoth is the<br />
world’s largest defense firm and a major<br />
player in other government work,<br />
ranging from the space program to the<br />
census. With government spending<br />
<strong>slow</strong>ing, the company has begun trimming<br />
its ranks through buyouts at a<br />
number of its business units. It also<br />
made Christopher E. Kubasik, Lockheed’s<br />
president and chief operating<br />
officer, part of what the company<br />
called the executive office of the chairman,<br />
a move that analysts said hinted<br />
at a potential succession plan.<br />
MANTECH INTERNATIONAL<br />
12015 Lee Jackson Hwy.<br />
Fairfax, Va. 22033<br />
703-218-6000<br />
Founded: 1968<br />
Chairman and CEO: George J. Pedersen<br />
Employees (local): 10,000 (3,600)<br />
ManTech focuses on national security<br />
agencies, offering services from<br />
cybersecurity to systems engineering<br />
to general technical support. <strong>The</strong> company<br />
is seeking to reenter the commercial<br />
market, having moved out of the<br />
sector when it went public in 2002. In<br />
particular, the company wants to provide<br />
cybersecurity services to financial<br />
institutions. ManTech acquired several<br />
companies in 2011, including cybersecurity<br />
firms Worldwide Information<br />
Network Systems, based in Seabrook,<br />
and TranTech, based in Alexandria.<br />
MARRIOTT INTERNATIONAL<br />
10400 Fernwood Rd.<br />
Bethesda, Md. 20817<br />
301-380-3000<br />
Founded: 1927<br />
Chairman and CEO: J.W. “Bill” Marriott Jr.<br />
Employees (local): 129,000 (13,330)<br />
It’s been a year of changes for the<br />
hotel giant, perhaps none of them<br />
bigger than J.W. “Bill” Marriott Jr.’s<br />
decision to step down as chief executive.<br />
He’s handing over the reins to<br />
president and chief operating officer<br />
Arne Sorenson in March 2012. <strong>The</strong><br />
company also spun off its timeshare<br />
division in November. With 3,700<br />
properties in more than 70 countries,<br />
the company said it now could focus<br />
exclusively on its core business lines:<br />
managing hotels and franchising.<br />
MAXIMUS<br />
11419 Sunset Hills Rd.<br />
Reston, Va. 20190<br />
800-629-4687<br />
Founded: 1975<br />
President and CEO: Richard A. Montoni<br />
Employees (local): 7,100 (445)<br />
Maximus provides health and human<br />
services administration to governments<br />
around the world. In 2011,<br />
the company created welfare-to-work<br />
programs in Britain and began updating<br />
health care eligibility and enrollment<br />
operations in Colorado and New<br />
York. As part of its welfare reform<br />
efforts, Maximus has placed about<br />
500,000 people into unsubsidized<br />
jobs.<br />
Jeffrey MacMillan/Capital Business<br />
Christopher Kubasik, Lockheed<br />
Martin’s president and COO.