FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY …FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY 2017...

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THE POWER OF INNOVATION FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY 2017 ANNUAL REPORT

Transcript of FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY …FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY 2017...

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THE POWER OF INNOVATIONFAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY 2017 ANNUAL REPORT

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ANNUAL REPORT PRODUCTION

Alan A. Fogg, Editor

Seth Livingstone, Editor

Vicki Reeve Jackson, Graphic Designer

FAIRFAX COUNTY BOARD OF SUPERVISORS

Sharon Bulova, Chairman At-Large

Penelope A. Gross, Vice ChairmanMason District

John C. CookBraddock District

John W. FoustDranesville District

Pat HerritySpringfield District

Catherine M. HudginsHunter Mill District

Jeff C. McKayLee District

Kathy L. SmithSully District

Linda Q. SmythProvidence District

Daniel G. StorckMount Vernon District

FCEDA COMMISSION

Catherine Lange, ChairmanPartner Human Capital Advisors, LLC

Ronald C. Johnson, HL.D, SecretaryFounder and Managing DirectorSolutions4Change, LLC

Christian Deschauer, Treasurer and Assistant Secretary Director, Government Relations Transurban

Linnie Haynesworth Sector Vice President and General Manager, Cyber & Intelligence Mission Solutions Division Northrop Grumman Mission Systems

Dana Kauffman Director, College Government Affairs and Community Relations Northern Virginia Community College

Roderick (Rocky) Mitchell Executive Vice President, Global Fixed Assets Pentagon Federal Credit Union

James Quigley CEO and Co-Founder GoCanvas

FCEDA SENIOR STAFF

Gerald L. Gordon, Ph.D.President and CEO

Robin FennerVice President, Management

Alan A. FoggVice President, Communications and Research

Catherine W. RileyVice President, Marketing

Barbara CohenDirector, Administration

Curtis W. HoffmanDirector, Real Estate Services

Donna HurwittDirector, Market Intelligence

Rodney LuskDirector, National Marketing

Jan MulDirector, International Marketing

Karen SmawDirector, Business Diversity

Cheryl MartelliExecutive Assistant

ABOUT THE FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY

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FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY 2017 ANNUAL REPORT 1

MISSION AND SERVICES

“Promote the competitive advantages of Fairfax County and influence the growth of a diverse and innovative ecosystem that enhances the tax base, creates demand for commercial space, and supports an extraordinary and equitable quality of life across Fairfax County.”

The Fairfax County Economic Development Authority (FCEDA) provides a wide array of free, confidential services and information to assist new, expanding and relocating American and international businesses. Headquartered in Tysons Corner, Fairfax Coun-ty’s largest business district, the FCEDA also maintains offices in six major technology centers around the world: Bangalore, Berlin, London, Los Angeles, Seoul and Tel Aviv.

The FCEDA operates under the direction of a seven-member commission appointed by the Fairfax County Board of Supervisors. Activities are funded through the Fairfax County general fund.

The FCEDA mission statement, adopted by the FCEDA Commission on November 9, 2016, is “to promote the competitive advantages of Fairfax County and influence the growth of a diverse and innovative ecosystem that enhances the tax base, creates demand for commercial space, and supports an extraordinary and equitable quality of life across Fairfax County.”

FCEDA services include:

• providing current, comprehensive market information aboutFairfax County, the Commonwealth of Virginia and theWashington, D.C., area;

• identifying county office space or site options for busi-nesses with start-up, relocation or expansion needs;

• offering business development assistance and actingas a liaison between businesses and county and stategovernment agencies; and

• assisting company expansion operations by providing informationand answering inquiries about county zoning, taxes and otherissues critical to doing business.

Three FCEDA marketing divisions—National, International and Business Diversity—work with companies interested in opening or expanding operations in Fairfax County. Market intelligence specialists generate extensive commercial real estate and business information about the county. Communications professionals promote awareness of the county as one of the world’s best business locations.

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CHAIRMAN’S MESSAGE“Innovation” is a popular term in the business world these days, especially in communities with a strong technology base and a lot of entrepre-neurial activity. Fairfax County has long been associated with technology, entrepreneurism and innovation, and this year’s annual report cele-brates the many kinds of innovation that make the county the economic engine of the Washing-ton, D.C., area and Virginia.

The Economic Development Authority Commis-sion has long recognized the role that innovative companies and institutions play in building a stable and diverse economy. This past year we began to measure that impact in new ways.

The Balanced Scorecard that the Commission adopts annually to measure the FCEDA’s work always tracks job creation. In fiscal 2018, the Commission included measures to track the number of jobs created by technology, financial services and healthcare companies with which the FCEDA worked during the year, as well as new and expanded corporate headquarters.

Technology companies built the Fairfax County economy, and by spotlighting company growth in those sectors, we expect to stimulate more growth. The FCEDA also is tracking the number of start-up firms and entrepreneurs that attend Authority events or use its services.

Note those sectors on which the FCEDA is focusing: technology (particularly cybersecurity and data analytics), financial services, healthcare, headquarters operations and startups. As we spotlight innovation, it is crucial to cultivate industry sectors that make sense for our economy and diversify the economic base.

By spotlighting innovation and entrepreneurship, by building a diversified and stable economy, we are furthering the FCEDA mission to promote Fairfax County as one of the world’s best business locations. Attracting and retaining great companies creates high-paying jobs for county residents and builds a strong commercial tax base. The Fairfax County Board of Supervisors uses that tax base to fund high-quality public services, a key ingredient of the outstanding quality of life we enjoy here. The way the FCEDA measures its impact might change, but the mission to support the quality of life will not.

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“Fairfax County has long been associated with technology, entrepreneurism and innovation, and this year’s annual report celebrates the many kinds of innovation that make the county the economic engine of the Washington, D.C., area and Virginia.”

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PRESIDENT’S MESSAGE

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In 2017, the FCEDA worked with 164 businesses that announced the addition of 8,200 jobs to the Fairfax County economy. These impressive numbers speak volumes about the continued strength of the county as one of world’s best business locations. Few places can claim this kind of job creation.

The largest corporate announcement came from Amazon Web Services (AWS), which is bringing 1,500 jobs to its east coast campus in Herndon. Other important announcements came from Favor TechConsulting (FTC), a woman-, minority- and service-disabled veteran-owned company that is bringing 1,200 jobs to Tysons Corner, and Granules Pharmaceuticals, an Indian firm that is adding 150 jobs as it expands a research and manufacturing operation in Chantilly.

These three firms are excellent illustrations of the growing economic diversity in Fairfax County. Building on the county’s IT strengths—in growing areas such as cloud computing (AWS), pharmaceuticals (Granules) and health IT (FTC)—is one of the FCEDA’s strategic intents. The Authority also is targeting other technology sectors, particularly cyber and data analytics, as well as personalized medicine, financial services and corporate headquarters. And, many of the jobs being created are high-paying jobs that any community would covet.

Even as the Fairfax County economy diversifies, we are proud to be home to many key players in the federal market, both agencies and the contractors that serve them. An excellent example of that strength: In 2017 the government announced that the Transportation Security Administration would relocate its headquar-ters to Springfield, bringing with it more than 3,000 jobs in 2020.

This year’s annual report focuses on innovation. Here are several ways to measure innovation in Fairfax County:

• In 2017, 31 county companies—in technology fields from cybersecurity to satellites—received $319 million in venture capital investments.

• County companies received $2.5 billion in federal research and development contracts in fiscal 2017.

• County companies won more than $22 million in Small Business Innovation Research and Small Business Technology Transfer grants from the federal government in 2017.

• George Mason University received $107.9 million in sponsored-research awards, half of which went for engineering and science programs, in fiscal 2017. This puts Mason in the top echelon of U.S. research universities.

The FCEDA continues to target a diversified set of industry sectors that represent the best opportunities for growth in Fairfax County. An expanding economy translates to high-paying jobs as well as a larger commer-cial tax base, which the Fairfax County Board of Supervisors uses to fund a wide range of award-winning public services across the county.

“The FCEDA continues to target a diversified set of industry sectors that represent the best opportunities for growth in Fairfax County.”

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4 FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY 2017 ANNUAL REPORTNoblis headquarters—photo by Eric Laignel, courtesy of SmithGroupJJR

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THE POWER OF INNOVATION: OUR RESULTS

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IN 2017, THE FCEDA WORKED WITH 164 BUSINESSES ADDING 8,200 JOBS TO THE FAIRFAX COUNTY ECONOMY. COMPANIES INVOLVED IN INFORMATION TECHNOLOGY AND A WIDE RANGE OF PROFESSIONAL SERVICES DOMINATED THE YEAR’S ANNOUNCEMENTS, WHICH CAME FROM AREAS ACROSS THE COUNTY.

OF THE 164 FIRMS WITH JOB-CREATION ANNOUNCEMENTS, 128 ARE AMERICAN COMPANIES, INCLUDING 15 THAT ARE MINORITY-, WOMAN-, OR VETERAN-OWNED. THIRTY-SIX COMPANIES MAKING ANNOUNCEMENTS ARE FOREIGN-OWNED FIRMS.

RELYING ON INNOVATION AND A HIGHLY SKILLED WORKFORCE, EACH OF THESE COMPANIES IS CREATING JOBS AND BUILDING THE COMMERCIAL TAX BASE THAT THE FAIRFAX COUNTY BOARD OF SUPERVISORS USES TO FUND HIGH-QUALITY PUBLIC SERVICES. THESE SERVICES ARE ESSENTIAL FOR THE QUALITY OF LIFE THAT NEARLY 1.2 MILLION COUNTY RESIDENTS ENJOY.

Some of the most significant corporate announcements of 2017:

• Amazon Web Services, bringing 1,500 jobs to its east-coast campus in Herndon;

• Service-disabled veteran-owned Favor TechConsulting, adding 1,200 jobs in Tysons Corner

• IT firm IOMAXIS, adding 555 jobs in Springfield;

• Helix Electric, adding 416 jobs in Chantilly;

• CACI International, bringing more than 400 jobs to Fairfax.

• The Boat Owners Association of the U.S., bringing 375 jobs to Springfield;

• Carahsoft Technology, bringing 300 jobs to Reston; and,

• Granules Pharmaceuticals, based in India, adding 150 jobs in Chantilly.

Also in 2017, the federal government announced that the Transportation Security Administration would relocate its headquarters to Springfield in 2020, adding more than 3,000 jobs there.

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Jobs created by companies already present in Fairfax County appear in black. Jobs with companies that are new to the county appear in blue.

COMPANY LOCATION JOBS

22nd Century Technologies, Inc. Tysons Corner 100Accubits Technologies Tysons Corner 2Advanced Technology Systems Company (ATSC) Tysons Corner 10Aerotek Fairfax 200Ajilon Tysons Corner 6All Traffic Solutions Herndon 85Altus Group Limited Tysons Corner 3Amaram Technology Corporation Tysons Corner 2Amazon Web Services, Inc. Herndon 1,500AnaVation, LLC Reston 30ARG, Inc. Tysons Corner 9Atlantic Metro Herndon 21Avizia, Inc. Reston 27Bluecat Networks Reston 7BNY Mellon Wealth Management Tysons Corner 4Boat Owners Association of the United States (BoatUS) Springfield 375Buchanan & Edwards Chantilly 30C2 Technologies, Inc. Tysons Corner 20Caboose Brewing Company Merrifield 40CACI International, Inc. Fairfax 401Canvas Solutions, Inc. Reston 21Capitol Office Solutions, LLC Tysons Corner 3Carahsoft Technology Corp. Reston 300CC Pace Systems, Inc. Fairfax 4Churchill Living Springfield 10CLARB Reston 1Claroty Reston 5ClearForce, LLC Tysons Corner 4Colliers International Tysons Corner 4Comfort Solutions, Inc. Springfield 2Concept Plus, LLC Fairfax 31Contact Solutions – VERINTInc. Reston 7Coptic Orphans Merrifield 6Coras Cloud, Inc. Tysons Corner 5Counterpoint Consulting, Inc. Tysons Corner 11Covar Applied Technologies, Inc. McLean 3CYREN Tysons Corner 3Datastrong, LLC Merrifield 15DCmobility Holdings, LLC Tysons Corner 8

COMPANY LOCATION JOBS

Dong IL Engineering Consultants Co. Ltd. Tysons Corner 1DPR Construction Reston 49Dwell Design Studio Tysons Corner 6Eighth Day Design, Inc. (EDD) Tysons Corner 5Electrify America, LLC Reston 48enSilo, Inc. Reston 2Etrans Systems Merrifield 5EventBank Tysons Corner 2Executive Office Suites, Inc. Tysons Corner 2Exostar, LLC Herndon 63FM Studios Fairfax 2Favor TechConsulting, LLC Tysons Corner 1,200Frameless Technologies, LLC Reston 5Fulcrum Centreville 8Fundation Reston 30Furnace MFG Merrifield 33GAMS Development Corp. Merrifield 2Global Guardian Tysons Corner 18GolfZon Tysons Corner 3Granules Pharmaceuticals, Inc. Chantilly 40Gridpoint Reston 10Helix Electric, Inc. Chantilly 416Horizon Industries, Limited Tysons Corner 47InfinityQS Fairfax 2Inland Technologies International Limited Fairfax 1Interstate Logistics Springfield 10IOMAXIS Springfield 555Iteris, Inc. Fairfax 27John Marshall Bank Reston 20KnowMadics, Inc. Herndon 3Korea Testing Laboratory Tysons Corner 1KTGY Architecture + Planning Tysons Corner 4Logos Biosystems, Inc. Annandale 2Long & Foster Chantilly 30Marbak Development McLean 4M.C. Dean, Inc. Tysons Corner 60McNeill Baker Design Associates McLean 2Mellanox Federal Systems Herndon 3MicroTech, LLC Tysons Corner 100

2017 SELECTED BUSINESS EXPANSIONS AND RELOCATIONS

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COMPANY LOCATION JOBS

MVB Financial Corp. Reston 23National Capitol Contracting, LLC Tysons Corner 105Nehemiah Security Tysons Corner 13NormShield, Inc. Tysons Corner 2Ntiva Tysons Corner 33OpenLegacy, Inc. Reston 4Paruthipattu Law Herndon 2PockitShip, Inc. Merrifield 2Premier Technology Advisors Tysons Corner 10Print-O-Stat, Inc. Chantilly 4Pype Chantilly 6RAZ Mobility Tysons Corner 2Riza Cloud Solutions Reston 25SBD Alliant, LLC Tysons Corner 23Scott-Long Construction, Inc. Chantilly 10SecureIT Reston 4Senseware Tysons Corner 6Skyline Software Systems, Inc. Herndon 3Softthink Solutions, Inc. Herndon 75Supreme Technology Solutions, LLC Tysons Corner 3Target Labs, Inc. Tysons Corner 2TechClarity, LLC McLean 2TEKsystems, Inc. Merrifield 373Terra Site Constructors, LLC Chantilly 7The Orange Mile Tysons Corner 3Tier One Analytics, Inc. Reston 10TnS Solutions, LLC Herndon 2UpsideDoor Tysons Corner 9Ventera Corporation Reston 50Verato, Inc. Tysons Corner 22Vignet Fairfax 35Virginia Spine Institute Reston 15Volkswagen Group of America, Inc. Reston 0Whereoware, LLC Chantilly 9Williams Notaro Fairfax 1Windward Consulting Group Herndon 97Yombu, Inc. Tysons Corner 5Zantech IT Services, Inc. Herndon 20

2017 SELECTED BUSINESS EXPANSIONS AND RELOCATIONS

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Inside Intelsat headquarters—photo courtesy Intelsat

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INNOVATION TAKES MANY FORMS. OFTEN, IT COMES IN DIRECT RESPONSE TO A CHALLENGE. IT COULD BE A BREAKTHROUGH IDEA OR A NEW-TO-MARKET OFFERING. INNOVATION CAN HELP OVERCOME A LOCAL ISSUE OR ADDRESS A GLOBAL NEED.

INNOVATION CAN MEAN SUCCESS, JOBS AND REVENUE GROWTH FOR COMPANIES. IT ALSO CAN LEAD TO HIGH-PAYING JOBS, A LARGER TAX BASE AND A GROWING REPUTATION FOR COMMUNITIES WHERE INNOVATION HAPPENS.

FAIRFAX COUNTY HAS LONG BEEN A SOURCE, A CULTIVATOR AND A PROVING GROUND FOR INNOVATION. THE FLOW OF NOVEL IDEAS AND APPROACHES CONTINUED THROUGH 2017, SHOWING NO SIGNS OF EBBING.

“There are two parts to innovation—the human element and the infrastructure that supports it,” said Gerald L. Gordon, Ph.D., president and CEO of the Fairfax County Economic Development Authority. “And there is a snowball effect. At a minimum, innovative people attract other innovative people and innovative companies attract other innovative companies.

“That’s what we’ve seen here in Fairfax County. A lot of innovation originally sprang from connections to the federal government, back when Arpanet became the Internet. That spun off a lot of new ideas and brought us a lot of people who had the capability of creating the next iteration or phase of technology in many areas. They help us gain a certain momentum which this area has maintained.”

As the Internet powered innovation in Fairfax County for the last 20 years (and continues to do so), Inova’s Center for Personalized Health— with its potential for research breakthroughs and commercial spinoffs—offers a glimpse of the kind of innovation that could happen here in the future. (See pages 12-13).

Gordon said Fairfax County’s continually evolving business community and economy make it a prime location for innovators.

“The consistent expansion of jobs that we have seen in the information-technology arena is a testament to the number of highly skilled professionals in the job force and to Fairfax County’s continuing ability to attract the best and brightest in fields that require specific skills and demand continuing innovation,” Gordon said. “It’s also a testament to Fairfax County having the kind of assets, such as great schools and recreational opportunities that enable innovative employees to enjoy a superb quality of life.”

This year’s Annual Report takes a closer look at some of the innovative companies and organizations that continue to push the boundaries with new ideas.

THE POWER OF INNOVATION

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THE POWER OF INNOVATION

Center for Innovative Technology—photo by Kathleen Tyler Conklin, www.flickr.com/photos/ktylerconk

“There are two parts to innovation— the human element and the infrastructure that supports it. And there is a snowball effect. At a minimum, innovative people attract other innovative people and innovative companies attract other innovative companies.”

—GERALD L. GORDON, PH.D., PRESIDENT AND CEO, FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY

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THE POWER OF INNOVATION

Guiding Care platform helps manage risk, reduce expenses and improve health outcomes.

Amazon Transcribe technology allows for automatic speech recognition.

TravelMate app helps those with intellectual disabilities independently navigate between home and work.

Telemedicine clinician workflow platform creates a seamless experience for doctor and patient.

Bechtel’s Future Fund stimulates development of new and disruptive ideas from employees, suppliers and customers.

Neuro-Linguistic Programming engine equips customers with insights to improve patient satisfaction.

72,000 editable pieces of art customize more than 1,400 products in casual apparel and accessories.

Drone detection sensors help detect unmanned devices that threaten safety, security and privacy.

inSight technology improves wound care through instant 3D measurement and tissue-composition assessments.

Mobile app developed with SAP has led to improved customer satisfaction and reduction in call volume.

Works with first-responders and the military to develop disaster prepared-ness and response equipment and products.

Artificial intelligence and next- generation simulation modeling helps customers solve complex problems.

Produces a variety of virtual reality products, including 360-degree online tours.

Manufactures high- quality vinyl records with a capacity of 9 million per year.

DPR uses its offices as a lab for “net-zero” environmentally friendly building practices.

THESE FAIRFAX COUNTY COMPANIES AND ORGANIZATIONS ARE CHANGING THEIR INDUSTRIES AND OUR LIVES

Leader in DNA-based forensic research that is used in disaster and criminal investigations worldwide.

Mix@Fenwick is an entrepreneurship- focused collaboration and maker- space. (See pages 18-19.)

Supports adoption of electric vehicles by providing a nationwide network of charging stations. (See pages 16-17.)

“Low-code” approach to business process management software lets non-engineers create custom applications.

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Enables payment via fingerprint—no cash, credit card or phone required—with loyalty rewards to benefit consumers and businesses.

THE POWER OF INNOVATION

Constellation of small satellites develops mapping, tracking and emergency response.

Manages security at major events with patented methods to collect and dissect data in real time.

Pursuing rapid development of a safe, clean and economical approach to fusion energy.

Satellite services company is using solar power to bring video and broad-band services to parts of Africa.

Constellation of low-flying satellites gives telecommunications service provider 100 percent global coverage.

“Personalized water bottle” system that integrates nutrients spotlighted at CES 2018 in Las Vegas.

Developing and commercializing the next-generation of nuclear fuel technology.

Developing a communications laser to support a deep-space mission.

Developing new nano-pharmaceuticals and forensic tools to fight disease and catch bad guys.

Using big-data technology to identify and engage with audiences.

SAP NS2 uses big-data technology to automate and accelerate data acquisition for national security customers.

Optimizing facility management through real- time collection of building systems.

Employs solar-powered GPS tracking to manage fleet assets.

www.yombu.com

Augmented reality Skylight Live program offers wearable technology for hands- free audio and video collaboration.

Offers roadside assistance via phone or app without membership or subscription fees.

Cloud-based software uses data from multiple sources such as wearables and electronic health records, to deliver medical insights.

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THESE FAIRFAX COUNTY COMPANIES AND ORGANIZATIONS ARE CHANGING THEIR INDUSTRIES AND OUR LIVES

Research into post-traumatic stress employs natural language-process-ing techniques to reveal signs hidden in the speech of veterans.

Personalized Health Accelerator brings together health technology startups and investors. (See pages 12-13.)

Innovation Gallery is a hospitality- focused think tank, showcase space and incubator. (See pages 14-15.)

Develops mobile apps and forms for data collection and sharing.

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INOVA HEALTH SYSTEM IS COMMITTED TO INNOVATION AND TO FAIRFAX COUNTY, IN PART THROUGH ITS INOVA CENTER FOR PERSONALIZED HEALTH, WHICH IS REMAKING THE 117-ACRE CAMPUS IN MERRIFIELD FORMERLY OCCUPIED BY EXXON MOBIL.

In November, Inova cut the ribbon on its Personalized Health Accelerator, bringing together health technology startups and investors for a customized development program to promote new initiatives. Working with IPHA directors, young companies will design and produce products that can be used in the Inova system and by other healthcare organizations, positioning firms for rapid growth.

The accelerator is just a one piece of what’s going on at the campus off Gallows Road across the street from Inova Fairfax Hospital. Since acquiring the site, the health care provider has been busy, renovating space and creating research and commercial collaborations, including partnerships with the University of Virginia and George Mason University.

The campus currently consists of five main buildings housing the Inova Schar Cancer Institute, Inova Clinic, the Genomics and Bioinformatics Research Institute, a technology and innovation building, and a conference center.

“The objective is to build out a strong life science/bioscience clinical research [and] education ecosystem on this campus that is, first and foremost, about improving the human condition and also an economic engine for Fairfax County and northern Virginia,” said Todd Stottlemyer, CEO of the Inova Center for Personalized Health.

It’s all part of Inova’s vision to optimize the health and well-being of citizens by shaping the future of health through an integrated network of hospitals, primary and specialty care practices, emergency and urgent care centers, outpatient services and destination institutes.

FCEDA President and CEO Gerald L. Gordon, Ph.D., said Inova’s commitment to precision medicine is a huge win for Fairfax County. It will make the county home to a major genomics and research institute and medical school, improving the health of the economy and residents of the region.

“This new relationship is yet another step toward Fairfax County becoming a center for medical innovation and our goal of diversifying the economic base of the county,” Gordon said. “This partnership is an important building block in the creation and development of institutions and facilities that will attract researchers, students and investment around the future of health and build an innovation-based economy.”

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In November, Inova cut the ribbon on its Personalized Health Accelerator, bringing together health technology startups and investors for a customized development

program to promote new initiatives.

Above left: Inova Personalized Health Accelerator Co-Directors Rick Gordon and Mike Thomas. (Photo by James Cullum)

Above right: Inova Center for Personalized Health CEO Todd Stottlemyer cuts the ribbon to launch the Inova Personalized Health Accelerator. (Photo courtesy Inova Health System)

Large photo courtesy Inova Health System

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WHEN IT COMES TO INNOVATION IN THE WORLD OF HOSPITALITY, FAIRFAX COUNTY IS FRONT-AND-CENTER, THANKS TO HILTON AND ITS INNOVATION GALLERY, WHICH OPENED IN NOVEMBER 2017 AT ITS TYSONS CORNER HEADQUARTERS.

INNOVATION GALLERY IS A 4,300-SQUARE FOOT THINK TANK, SHOWCASE SPACE AND IN-CUBATOR THAT HILTON USES TO STAY TWO STEPS AHEAD OF THE COMPETITION AND BET-TER SERVE ITS CUSTOMERS. HILTON INVITES TEAM MEMBERS, HOTEL OWNERS AND TECH-NOLOGY PARTNERS TO MEET WITH DESIGN EXPERTS, HOSPITALITY PROFESSIONALS AND OTHER THOUGHT LEADERS TO EVALUATE NEW PRODUCTS AND POTENTIAL SOLUTIONS.

Some products have been developed through partnerships with leaders in other industries. Showcase concepts that are in use or soon to become common at Hilton include: Nightingale by Cambridge Sound, a sound system that masks common indoor and outdoor sounds to improve sleep; Amazon Locker, a self-service parcel service that enables guests to receive or send packages; Meural, a customizable digital art display; and Pilot from Waverly Labs, a real-time translation solution to serve guests in international markets.

Hilton’s Innovation Gallery Theater serves as a test space for new room features, configurations, fabrics, sounds and lighting. One con-cept room, Five Feet to Fitness, available at the Hilton McLean Tysons Corner, offers 11 or more fitness devices including a high-intensity bike and fitness kiosk for cardio, strength, stretching and yoga routines. A kitchen area highlights food and beverage concepts such as Somabar for personalized mixed drinks.

“At Hilton, innovation is in our DNA. We’re a nearly 100-year-old company with a startup mentality,” says Caitlin McKenna, Hilton’s senior director for strategic innovation. “We love being positioned here and being able to draw on a really talented global workforce that resides in the D.C. metro area.”

And providing that workforce a comfortable atmosphere in which they can thrive is vital to Hilton’s success. In 2017, Great Places to Work ranked Hilton as one of the world’s best for a second consecutive year.

“We know that our people are our greatest asset, and we are committed to showing them this same hospitality by creating an environment where they can thrive and be at their best every day,” said Chris Nassetta, Hilton’s president and CEO. “From back-of-house, to front desk, to our corporate offices, our team members are the heart of our success, and I’m incredibly proud of each and every one of them.”

Photo courtesy Hilton

“At Hilton, innovation is in our DNA. We’re a nearly 100-year-old company with a startup mentality.”

—CAITLIN MCKENNA, SENIOR DIRECTOR FOR STRATEGIC INNOVATION, HILTON

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FOUNDED IN 2017 AS A WHOLLY-OWNED SUBSIDIARY OF VOLKSWAGEN GROUP OF AMERICA, ELECTRIFY AMERICA OF RESTON IS INVESTING $2 BILLION IN ZERO EMISSION VEHICLE (ZEV) CHARGING INFRASTRUCTURE, EDUCATION AND ACCESS. THE COMPANY’S INVESTMENT IS SUPPORTING THE ADOPTION OF ELECTRIC VEHICLES BY PROVIDING A NATIONWIDE NETWORK OF WORKPLACE, COMMUNITY AND HIGHWAY CHARGERS THAT ARE CONVENIENT, ULTRA-FAST AND RELIABLE. THE PUBLIC NEEDS TO KNOW IT CAN RECHARGE WHEREVER AND WHENEVER THE NEED ARISES.

“The Electrify America team is establishing a comprehensive, technologically advanced, and customer-friendly charging network —to drive electric vehicle adoption by reducing charging anxiety and increasing convenience,” said company president and CEO Mark McNabb.

“Electrify America is delighted to be part of the technology corridor in Fairfax County. It provides access to innovation partners both here in Virginia and across the country to help us achieve our mission.”

Local drivers were among the first to reap the benefits from Electrify America’s Fairfax County team of more than 60 professionals. One of the company’s first investments included the establishment of eight upgraded charging stations for electric vehicles across Virginia and Maryland.

“By 2020, the number of battery electric vehicles, fuel cell vehicles and plug-in hybrid electric vehicles could be double the 45 models available today,” McNabb said. “Electrify America will be there with an extensive, ultra-fast and reliable charging network to power those zero-emissions vehicles.”

Electrify America is establishing metro-based charging station sites built in workplaces, shopping centers, restaurants, multifamily residential loca-tions and municipal lots and garages, as well as high-speed community depots that will feature fast 150kW charging power.

It is establishing highway sites, to be located along high-traffic corridors between metropolitan areas, including two cross-country routes. These sites will be located no more than about 120 miles apart and, on average, just 70 miles apart, some of which will be capable of providing a charge of up to 20 miles a minute. These EV chargers will be the fastest in the world for light-duty electric passenger vehicles.

Volkswagen Group of America has been based in Fairfax County for a decade, and at the time credited the creative workforce in the Washington area as one reason for the headquarters move. Its presence helps diversify the county economy into the automotive sector. Electrify America is yet another reason why Fairfax County is charged-up about VW’s presence here.

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Local drivers were among the first to reap the benefits from Electrify America’s Fairfax County team of more than 60 professionals. One of the company’s first investments included the establishment of eight upgraded charging stations for electric vehicles across Virginia and Maryland.

Photo courtesy Electrify America/VWA

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GEORGE MASON UNIVERSITY IS HELPING PUT FAIRFAX COUNTY ON THE COLLEGIATE MAP WHEN IT COMES TO INNOVATION. IN 2017, U.S. NEWS & WORLD REPORT RANKED MASON TIED FOR 14TH ON ITS LIST OF MOST INNOVATIVE SCHOOLS.

George Mason’s Center for Innovation and Entrepreneurship (CIE) is an inter-disciplinary hub in the School of Business that supports innovators from all Mason schools and programs. CIE offers participants opportunities to explore and learn about creativity, innovation and entrepreneurship, experiment with concepts and tools, and start a venture or initiative.

The center’s mission envelopes three core elements: to develop experiential learning opportunities; to engage students, alumni, faculty, staff and commu-nity members in building and growing new ventures; and to drive the growth of the region’s entrepreneurial ecosystem.

The Mason Innovation Lab, managed by the School of Business, provides physical space for the community to support and accelerate teams of Mason innovators and entrepreneurs. Teams accepted to the program complete an innovation and entrepreneurship curriculum, receive dedicated space in the lab, work with experts and mentors, and participate in activities designed to move projects forward and toward a strong business model.

George Mason recently opened the 1,400-square-foot Mix@Fenwick, an en-trepreneurship-focused collaboration and maker-space in Innovation Hall on the Fairfax campus. It’s one of two Mason Innovation eXchange sites on the campus open to students, faculty and staff. The space has a fully equipped virtual reality room, hand and power tools, embroidery machines, a laser cutter and engraver, and electronic prototyping tools including multi-meters and oscilloscopes.

“We like to say that innovation is our tradition, and it is through innovation that we manage to create value for our students and contribute to a vibrant economy in our community,” said Mason President Ángel Cabrera.

Added Sean Mallon, Mason’s associate vice president for entrepreneurship and innovation: “What the library did for the 20th century, we want to do for the 21st century.”

To see innovation in action, look no further than Mason’s Innovation Food For-est, located next to Innovation Hall and the Johnson Center. The garden was created in 2013 and it has since been managed by the Office of Sustainability. The habitat provides lessons in natural cycles, sustainability, pest control and agricultural design. All are welcome to visit and take home some of the edible produce.

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FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY 2017 ANNUAL REPORT 19

All photos courtesy George Mason University

“We like to say that innovation is our tradition, and it is through innovation that we manage to create value for our students and contribute to a vibrant economy in our community.”

—ÁNGEL CABRERA, PRESIDENT, GEORGE MASON UNIVERSITY

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20 FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY 2017 ANNUAL REPORT

View from the MITRE 4 building—photo courtesy The MITRE Corporation

20 FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY 2017 ANNUAL REPORT

OUR PARTNERS AND ALLIES

*Partner organization hosted at FCEDA headquarters in Tysons Corner

Many organizations share the FCEDA goal of building Fairfax County’s economy and making the county an even better location to do business and succeed. In 2017, the FCEDA worked closely with several agencies of the Fairfax County Government and Fairfax County Public Schools to build and maintain a dynamic business community and economy. In addition, the FCEDA worked with many local and international allies to build awareness of Fairfax County as one of the world’s best business locations.

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ACT-IAC (American Council for Technology and Industry Advisory Council)

AFCEA International

American German Business Club, Munich

American Small Business Coalition

Angel Venture Forum

Annandale Chamber of Commerce

Asian American Chamber *Association for Corporate Growth

Association for Unmanned Vehicle Systems International

Association of State Offices in Korea

Bangalore Chamber of Industry & Commerce (India)

BritishAmerican Business (United Kingdom)

British-American Business Association (Washington, D.C.)

Business Development Assistance Group

Capital Region Minority Supplier Development Council

Center for Innovative Technology

Central Fairfax Chamber of Commerce

Chamber for Digital Commerce

Committee for Dulles

Community Business Partnership

Community Foundation for Northern Virginia

Confederation of Indian Industry (India)

ConnectPreneur

Cyber-Sicherheitsrat Deutschland e.V. (Cyber-Security Council Germany)

Cybertech Conference Ltd. (Israel)

Department for International Trade (United Kingdom)

Dulles Area Transportation Association

Dulles Corridor Rail Association

Dulles Regional Chamber of Commerce

Enterprise M3 (United Kingdom)

Fairfax County Government

Fairfax County Public Schools

Falls Church Chamber of Commerce

Farnborough Aerospace Consortium (United Kingdom)

Forum MedTech Pharma e.V. (Germany)

Foundation for Fairfax County Public Schools

George Mason University

George Mason University Honors College

Global SMEs Business Council (formerly WITA, Korea)

Greater McLean Chamber of Commerce

Greater Merrifield Business Association

Greater Reston Chamber of Commerce

Greater Springfield Chamber of Commerce

Greater Washington Hispanic Chamber of Commerce

The Hague Security Delta (the Netherlands)

Healthcare Technology Network (Health Tech Net)

Indo-American Chamber of Commerce (India)

Information Communication Telecommunication Corporation (Korea)

InnoHungary *Inova Health System

International Economic Development Council

Israel Advanced Technology Industries

Israel-America Chamber of Commerce, Tel Aviv

Israel Export & International Cooperation Institute

Korea Association of Information and Technology

Korea Business Center

Korea Chamber of Commerce & Industry

Korea Innovation Center

Korea Institute for Advancement of Technology

Korea International Trade Association

Korea Internet & Security Agency

Korea Small Business Corporation

Korea Software Industry Association

Korea Testing Laboratory *Korea Trade-Investment Promotion Agency

Korea Venture Business Association

Leadership Fairfax, Inc.

MACH37

Malaysia U.S. Chamber of Commerce

Mason Enterprise Center, George Mason University

Metropolitan Washington Airports Authority

Metropolitan Washington Council of Governments

Mid-Atlantic Chamber of Commerce

Mid-Atlantic Hispanic Chamber of Commerce

Mid-Atlantic Venture Association

The MITRE Corporation

Mount Vernon-Lee Chamber of Commerce

Multicultural Chambers Alliance

Munich Network (Germany)

NAIOP (Commercial Real Estate Development Association)

National Association of Women Business Owners

Netherlands America Chamber of Commerce for the Washington Metro Area

Northern Virginia Association of Realtors

Northern Virginia Black Chamber of Commerce

Northern Virginia Chamber of Commerce

Northern Virginia Community College

Northern Virginia Technology Council

Potential Energy DC

Potomac Tech Wire

Resilience Advisor Network (United Kingdom)

SCORE

SelectUSA

SIBB e.V. (Software Institute Berlin-Brandenburg, Germany)

SkillSource Group *Small and Emerging Contractor Advisory Forum

Smart City Works

Southeast Fairfax Development Corporation

Startup Ignite

techUK (United Kingdom)

TechBreakfast

TiE DC

Tysons Partnership

Tysons Regional Chamber of Commerce

University of Virginia

U.S. Commercial Service, Department of Commerce

U.S. Small Business Administration

Veterans Business Outreach Center, Community Business Partnership

Virginia Asian Chamber of Commerce

Virginia Biotechnology Association

Virginia Chamber of Commerce

Virginia Department of Small Business and Supplier Diversity

Virginia Economic Development Partnership

Virginia Hispanic Chamber *Virginia Israel Advisory Board *Virginia Procurement Technical Assistance Program

Virginia Tech

WeWork

Women in Commercial Real Estate

Women in Technology

Women Presidents’ Educational Organization

Women’s Business Center, Community Business Partnership

Xconomy

Zentrum Digitalisierung Bayern (Security Network Munich, Germany)

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BUSINESS ESTABLISHMENTS BY INDUSTRY SECTOR(FIRST HALF 2017)

Professional, scientificand technical services

Health care and social services 11%Retail trade 7%Accommodation and food services 6%Construction 6%Administrative and support 5%Finance and insurance 5%Real estate 4%Wholesale trade 3%Educational services 2%Information 2%Other 21%

28%

8,200IN 2017, THE FCEDA WORKED WITH 164COMPANIES ADDING NEARLY 8,200 JOBSTO FAIRFAX COUNTY’S ECONOMY

AAA/AAAFairfax County’s Bond Rating

>> ONLY 46 OF THE 3,069 U.S. COUNTIES HAVE THE HIGHEST “TRIPLE A” BOND RATING FROM MOODY’S INVESTORS SERVICE, STANDARD AND POOR’S CORPORATION AND FITCH INVESTORS SERVICE.

At mid-year 2017, Fairfax County

had 610,300 payroll jobs and 37,300 payroll business establishments.

FAIRFAX COUNTY’SPOPULATION

1.15 M

FAIRFAX COUNTY’S UNEMPLOYMENT RATE AT THE END OF 2017

(U.S. RATE: 4.4%)

3.0%

FEDERAL GOVERNMENT CONTRACTS PERFORMED

IN FAIRFAX COUNTY INFISCAL YEAR 2017.

$24.1 BCOMMERCIAL REAL ESTATE:

COUNTYWIDE INVENTORY (YEAR-END 2017)

Office space Office vacancy rate* Industrial/flex space Industrial/flex vacancy rate*

117.3 million sq. ft.16.3%

38.7 million sq. ft.8.5%

*Vacancy rates include sublet space

IN 2017, BUSINESSES LEASED 11.7 MILLION SQUARE FEET OF

OFFICE SPACE IN FAIRFAX COUNTY.

11.7 M

TRADE ASSOCIATIONSIN FAIRFAX COUNTY

275$319 M

In 2017, the venture-capitaland private-equity community

invested $319 million in 31deals with Fairfax County

companies.

15 WOMAN-, VETERAN-AND MINORITY-OWNEDFIRMS LOCATED OR

EXPANDED HERE IN 2017.

TECHNOLOGY ESTABLISHMENTS—WHICH DIRECTLY EMPLOY MORE THAN 147,000 PEOPLE—ARE LOCATED IN FAIRFAX COUNTY.

9,100

FAIRFAX COUNTY IS HOME TO MORE THAN 400 FOREIGN-OWNEDCOMPANIES FROM 45 COUNTRIES—MORE SUCH FIRMS THAN ANY OTHER JURISDICTION IN THE WASHINGTON, D.C., AREA.

412

FAIRFAX COUNTY HIGHLIGHTS

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BUSINESS ESTABLISHMENTS BY INDUSTRY SECTOR(FIRST HALF 2017)

Professional, scientificand technical services

Health care and social services 11%Retail trade 7%Accommodation and food services 6%Construction 6%Administrative and support 5%Finance and insurance 5%Real estate 4%Wholesale trade 3%Educational services 2%Information 2%Other 21%

28%

8,200IN 2017, THE FCEDA WORKED WITH 164COMPANIES ADDING NEARLY 8,200 JOBSTO FAIRFAX COUNTY’S ECONOMY

AAA/AAAFairfax County’s Bond Rating

>> ONLY 46 OF THE 3,069 U.S. COUNTIES HAVE THE HIGHEST “TRIPLE A” BOND RATING FROM MOODY’S INVESTORS SERVICE, STANDARD AND POOR’S CORPORATION AND FITCH INVESTORS SERVICE.

At mid-year 2017, Fairfax County

had 610,300 payroll jobs and 37,300 payroll business establishments.

FAIRFAX COUNTY’SPOPULATION

1.15 M

FAIRFAX COUNTY’S UNEMPLOYMENT RATE AT THE END OF 2017

(U.S. RATE: 4.4%)

3.0%

FEDERAL GOVERNMENT CONTRACTS PERFORMED

IN FAIRFAX COUNTY INFISCAL YEAR 2017.

$24.1 BCOMMERCIAL REAL ESTATE:

COUNTYWIDE INVENTORY (YEAR-END 2017)

Office space Office vacancy rate* Industrial/flex space Industrial/flex vacancy rate*

117.3 million sq. ft.16.3%

38.7 million sq. ft.8.5%

*Vacancy rates include sublet space

IN 2017, BUSINESSES LEASED 11.7 MILLION SQUARE FEET OF

OFFICE SPACE IN FAIRFAX COUNTY.

11.7 M

TRADE ASSOCIATIONSIN FAIRFAX COUNTY

275$319 M

In 2017, the venture-capitaland private-equity community

invested $319 million in 31deals with Fairfax County

companies.

15 WOMAN-, VETERAN-AND MINORITY-OWNEDFIRMS LOCATED OR

EXPANDED HERE IN 2017.

TECHNOLOGY ESTABLISHMENTS—WHICH DIRECTLY EMPLOY MORE THAN 147,000 PEOPLE—ARE LOCATED IN FAIRFAX COUNTY.

9,100

FAIRFAX COUNTY IS HOME TO MORE THAN 400 FOREIGN-OWNEDCOMPANIES FROM 45 COUNTRIES—MORE SUCH FIRMS THAN ANY OTHER JURISDICTION IN THE WASHINGTON, D.C., AREA.

412

FAIRFAX COUNTY HIGHLIGHTS

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2017 ACCOLADES

BLACK ENTERPRISE 100

Three Fairfax County firms made Black Enterprise magazine’s 2017 list of the 100 largest African- American-owned companies in the U.S.

8. Thompson Hospitality56. SoBran79. InScope International

VIRGINIA CHAMBER OF COMMERCE FANTASTIC 50

Sixteen Fairfax County firms made the Virginia Chamber of Commerce’s 2017 list of the 50 fastest- growing companies headquartered in Virginia.

2. GuidePoint Security LLC 9. Concept Plus LLC10. E3 Federal Solutions12. Creative Systems and Consulting13. Ingenicomm Inc.16. American Cyber23. Veris Group LLC26. DIGITALSPEC30. MindPoint Group LLC34. Sevatec Inc.38. Pretek Corp.41. NuAxis Innovations44. AEM Corp.45. Technatomy Corp.48. Dominion Consulting50.Zantech IT Services

INC. 5000

The 2017 Inc. 5000 list of the nation’s fastest- growing firms included 158 Fairfax County com-panies. Fourteen of those companies are among the top 500 on the list.

20. DGC International 36. Interactive Government Holdings109. Inoventures159. DayBlink Consulting 237. FEDSYNC251. Crisis1285. The Author Incubator304. TENICA and Associates315. Perfecta Federal374. Dynamo Technologies386. Spear439. Virginia Home Care Services495. Nuvitek500. TalTeam

FORTUNE 100 BEST COMPANIES TO WORK FOR

Four Fairfax County companies were on the 2017 Fortune list of the 100 best companies to work for in the U.S.

17. Capital One26. Hilton47. Navy Federal Credit Union50. Mars

FORTUNE 500

NineFairfax County firms were on the 2017 Fortune 500 list of the largest companies in the U.S.

39. Freddie Mac 90. General Dynamics 100. Capital One Financial 114. Northrop Grumman 241. Hilton Worldwide 379. CSC* 381. Leidos 446. NVR 481. Booz Allen Hamilton

* Merged with Hewlett Packard Enterprise to form DXC Technology in April 2017

WASHINGTON BUSINESS JOURNAL FAST 50

Twenty-one Fairfax County firms made the Washington Business Journal’s 2017 list of the 50 fastest-growing companies in the Washington, D.C., area.

4. SeKON 5. AnaVation LLC 9. Creative Systems and Consulting19. Consumer Value Partners21. HC2 Holdings22. Concept Plus LLC25. Dovel Technologies26. Communications Resource Inc.27. Metronome29. Highlight Technologies33. GTT Communications35. Karsun Solutions36. NuAxis Solutions38. Gladstone Land Corp. 39. IT Concepts Inc. 40. Trowbridge & Trowbridge LLC43. Mandex Inc. 46. ISPA Technology47. E3 Federal Solutions49. Cyberspace Solutions LLC50. Veterans Enterprise Tech Services

WOMEN PRESIDENTS’ ORGANIZATION

Two Fairfax County firms made the Women Presidents’ Organization’s 2017 list of the 50-fastest growing women-led companies.

31. AMPCUS Inc.34. ORI

Many Fairfax County companies annually appear on prestigious national and regional lists that spotlight large and fast-growing businesses. The following 2017 lists highlight the broad diversity of the county’s business community and economy.

24 FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY 2017 ANNUAL REPORT

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Cover photography (left to right):

Tysons Tower, photo by Rassi Borneo, TimeLine MediaBode Forensics, photo by Kaveh Sardari for FCEDA

Northrop Grumman, courtesy Northrop Grumman

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8300 Boone Boulevard, Suite 450, Tysons Corner, Virginia 22182 USA +1 703-790-0600 | [email protected]

With offices in: Bangalore, Berlin, London, Los Angeles, Seoul and Tel Aviv

www.fairfaxcountyeda.org

@FairfaxEDA