MCPS does accelerate in math, but not until fourth grade. The math curriculum is the same county-wide. And it is supposed to include enrichment via ability grouping within the classroom. If you are concerned, I suggest that you talk to his teacher.
Also, I don't understand the concern that DS will lose his ability to learn new concepts from his teachers. Math is only one of the subject areas at school. So even if he already knows everything they're teaching in math, presumably there's still plenty of other stuff for him to learn from his teachers. And if you supplement math at home, he'll still be learning new concepts in math.