:

Business/Financial

Engility Completes Acqusition Of TASC

By Cal Biesecker

Thursday, February 26th, 2015

SHARE:

Engility Completes Acqusition Of TASC

Engility President and CEO Tony Smeraglinolo. Photo: Engility

Engility Holdings [EGL] on Thursday completed its $1.3 billion acquisition of TASC, Inc., adding scale to the professional and technical services supplier in addition to diversifying its customer base across the federal government.“This transformational acquisition accelerates our growth strategy to further diversify our customer base, enhance our capabilities, add scale to our business, and increase our addressable market,” Tony Smeraglinolo, president and CEO of Engility, said in a statement. “In addition to these strategic benefits, this acquisition offers many compelling…

Congress

HASC’s Final FY ‘27 NDAA Expands Systems Eligible For Multi-Years, Includes LTAMDS, IBCS, ARRW

House defense authorizers added a measure to their version of the next defense policy bill that would expand the list of weapons platforms eligible for multi-year contracts, to include the […]

Congress

HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]

Budget

Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG

The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]

Congress

Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says

As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]