Tech is thriving in D.C.’s backyard — despite lawmakers’ efforts to rein in the industry

Tech companies specializing in defense contracts, AI, space, cloud computing and healthcare are thriving in the capital region

MarketWatch

March 18, 2023

Peraton CEO Stu Shea likens the region’s dynamism to “fiefdoms growing off one another.” Peraton has mushroomed into a $7.2 billion company through acquisitions that have extended its reach into the space, intelligence, cybersecurity, defense, homeland security and healthcare industries. The 18,000-person company wants to add another 4,000 employees in 2023.

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