SAIC said Monday the combined firm will continue to operate in Reston, Va., under the corporate name SAIC and leadership of CEO Tony Moraco.
Moraco said the deal™s completion forms a combined company with approximately 23K employees and a long-term strategic plan to drive shareholder value and support clients™ requirements.
SAIC agreed to purchase Engility in September 2018 via an all-stock transaction in a push to expand its presence in intelligence and space sectors.
Engility, which has become SAIC™s wholly owned subsidiary, made its final trading on the New York Stock Exchange Friday and its stockholders secured 0.450 shares of SAIC™s common stock for each share they own.
Nine companies win spots on Navy unmanned systems contract Work covers design, testing, deployment and sustainment support Autonomous maritime platforms…
Anthropic reportedly explores massive new funding round Anthropic deepens focus on AI-driven cyber defense and national security Its growth highlights…
