Government services contractor Engility Corp. [EGL] on Monday said it has agree to acquire Dynamics Research Corp. [DRCO] for more than $120 million in cash in a deal that diversifies and expands its federal customer base and service offerings. Engility said it would pay $11.50 in cash for each outstanding share of DRC’s stock, resulting in an equity investment of about $121 million. DRC’s debt is $79.2 million, bringing the enterprise value of the deal to about $200 million. The…
Freeman Holdings of Hawaii LLC, doing business as Million Air Honolulu, Kapolei, Hawaii (SPE607-26-D-0006, $86,689,562); McClellan Jet Services, McClellan Park, California (SPE607-26-D-0011, $80,381,818); Avfuel Corp., Ann Arbor, Michigan (SPE607-26-D-0019, $36,817,846); San Bernardino International Airport Authority, San Bernardino, California (SPE607-26-D-0009, $31,367,062);…
US Foods Raleigh, Zebulon, North Carolina, has been awarded a maximum $198,260,924 firm-fixed-price with economic-price-adjustment, indefinite-delivery/indefinite-quantity contract for full-line food and beverage items. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in Federal Acquisition…
ControlPoint Surveying Inc,* Honolulu, Hawaii (W9128A-26-D-A007); KAI JV,* San Diego, California (W9128A-26-D-A008); and Sam O. Hirota Inc,* Honolulu, Hawaii (W9128A-26-D-A009), will compete for each order of the $9,900,000 firm-fixed-price contract for architect-engineer services for geotechnical engineering, engineering geology, topographic survey,…
Carbon Asset Developer Associates LLC,* Alamo, Texas, has been awarded an estimated $19,864,240 fixed-price with economic-price-adjustment, requirements contract for various types of fuel. This was a competitive acquisition with thirty-five responses received. This is a two-year eight-month contract with no…
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