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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.

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