Engility (NYSE: EGL) is reportedly in talks with defense contractors such as
Science Applications International Corp. (NYSE: SAIC) and
CACI International (NYSE: CACI) as it considers putting itself up for sale, Reuters
reported Thursday .
Sources told Reuters that discussions are still in the early stages and may not result in a transaction.
The report said the development comes amid a series of mergers and acquisitions in the government services sector driven by the rise in defense spending under the current administration.
Engility, which acquired professional services provider TASC in 2014 through a $1.1 billion stock deal, has a market capitalization worth approximately $1.2 billion and provides staff for federal agencies such as the departments of Defense , Justice and Homeland Security , the report added.
SAIC has completed its acquisition of ISC, a developer of encryption software, to expand its zero trust and PQC capabilities.
Leidos will retain a significant minority stake while pursuing airport and air traffic systems modernization work.
Kepler Communications U.S. has named Caitlin Marsh president to lead U.S. growth for its optical relay and on-orbit compute offerings.
B&A has opened a 45,000-square-foot facility in Madison, Alabama, to expand its defense, space and intelligence mission support.
Patrick Eveland will oversee federal, state, local and academic business units at Thomson Reuters.
President Trump has formed the Super Intelligence Force to coordinate federal efforts to sustain U.S. leadership in super intelligence.
Exiger CEO Brandon Daniels has discussed the super intelligence governance principles AI leaders agreed on at a White House meeting.
Caputo joins the three-member panel that advises the president on the National Cancer Program, replacing Mitchel Berger.
Amy Gilliland is no longer with General Dynamics, and GDIT Chief Business Officer Paul Nedzbala has been named interim president.
Dynatrace acquired Arize for $915 million, including about $815 million in cash and replacement equity awards.
Ennis will be responsible for budgeting, accounting, program cost control, financial reporting, and financial planning and analysis.
Nuclear Fuel Services in Erwin, Tennessee, will make fuel for Navy submarines and carriers, with work set to wrap up…
You’ve already read all related articles.
VIDEO 
Engility (NYSE: EGL) is reportedly in talks with defense contractors such as Science Applications International Corp. (NYSE: SAIC) and CACI International (NYSE: CACI) as it considers putting itself up for sale, Reuters reported Thursday.
