Chevy Chase venture capital firm Arlington Capital Partners LLC is creating another intelligence contractor to add to its portfolio.
Eqlipse Technologies LLC will tackle cyber and signals intelligence engineering for national security customers within the Department of Defense and intelligence community agencies. The company was formed by the combination five legacy companies that work with intelligence agencies. Eqlipse said the new company will total $200 million in annual revenue.
Arlington Capital Partners’ $3.5 billion sixth fund is the fuel behind Eqlipse’s plans for growth as it builds out a 31,000-square-foot sensitive compartmented information facility (SCIF) in Annapolis Junction, Maryland, and plans to hire 100 more people to join its current roster of 620 employees.
“Somewhat unique for a government contractor is we have a lot of capital behind us,” Eqlipse CEO Dennis Kelly said. “We’re able to make investments in things that we think are in high demand in terms…
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