An area tech and analytics firm is expanding, and Virginia leaders are celebrating the news as a major win for the region’s economy.

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Systems Planning and Analysis, Inc., or SPA, announced plans to double its workforce by hiring 1,200 new employees over the next five years.

The jobs will be based at its Alexandria and Fairfax County locations, and the company will invest nearly $50 million to upgrade those sites.

“We are as large as we’ve ever been, but we’re as small as we’re ever going to be,” SPA CEO Richard Sawchak said.

The announcement on Thursday came at a time when many federal workers have lo

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