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Business/Financial

RTI International Acquires Engility’s International Development Unit; Engility Warns Of Charge

By Cal Biesecker

Monday, January 9th, 2017

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RTI International Acquires Engility’s International Development Unit; Engility Warns Of Charge

Engility CEO Lynn Dugle. Photo: Engility

The nonprofit research firm RTI International on Monday said it has acquired Engility Corp.’s [EGL] international development services business, which provides solutions to the State Department’s U.S. Agency for International Development (USAID). Engility said in an investment filing last Friday that the sale price is $24 million, which is less than the carrying value of the assets for its International Resources Group (IRG) business and will result in a charge of between $20 million and $30 million in pre-tax income in its…

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

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